Opportunities Increasing For Premium Fish And Seafood Exports To Vietnam

摘要

1. Over the medium-term forecast period (2020-2024), consumer spending growth on fish and seafood will outperform all otherfood segments in Vietnam, with an annual average increase of 12.5% projected.2. Per capita spend on fish and seafood by Vietnamese consumers is predicted to reach USD48.8 in 2024, from an estimatedUSD33.4 in 2020. We believe that this growth outlook will benefit exporters of fish and seafood into Vietnam, as exports currentlymake-up half of what is consumed in the country.3. A key area of opportunity for exporters to Vietnam will be within the premium fish and seafood segments (octopus and squid; aswell as live, fresh and chilled products, as opposed to frozen), as incomes in the country continue to rise.