Imports feed and raw materials increased 22,3% in 2013
According to the MOA, the value import of animal feed and raw materials was estimated at USD 186 million in December 2013, bringing the total value imports reached USD 3.0 billion, a 22.3 % increasing compared with 2012.
Argentina is a main market for supplying animal feed and raw materials into Vietnam, reaching USD 958.6 million, accounting for 34% of market share, a 47.25% increasing with the same period last year. The second main market is America with USD 357 million, up 46.59%.
Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a thorough understanding of the Viet Nam and China livestock industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email This email address is being protected from spambots. You need JavaScript enabled to view it.
http://vinanet.com.vn/tin-thi-truong-hang-hoa-viet-nam.gplist.294.gpopen.222628.gpside.1.gpnewtitle.nam-2013-nhap-khau-thuc-an-gia-suc-va-nguyen-lieu-uoc-tang-22-3.asmx
Mengniu develops nutrition products market tie-up with US company White Wave
China Mengniu Dairy Co Monday announced that it has signed an agreement with leading US consumer food and beverage company White Wave Foods Co to jointly expand into the Chinese nutrition market. In order to produce and sell nutrition products in China, a joint venture will be set up with the Chinese dairy producer holding a 51 percent stake and 49 percent to be held by White Wave, according to a statement filed by Mengniu on Hong Kong Stock Exchange on Monday. The venture formation is expected to obtain approval from Chinese authorities in the first half of this year.
Meanwhile, the venture has agreed to offer 376.7 million yuan ($62.2 million) to purchase Chinese infant formula maker Yashili's nutrition plant, which is still under construction currently in Zhengzhou, Central China's Henan Province, said the statement. Mengniu is Yashili's majority owner. Mengniu has to diversify its product range, as the company's core business - liquid milk - does not have much room for growth amid fierce competition from imported brands, Chen Lianfang, an analyst from Beijing Orient Agribusiness Consultant Ltd, told the Global Times Monday.
"China has seen a fast annual growth rate of more than 100 percent in imported liquid milk amounts in the past two years, as domestic consumers tend to prefer foreign dairy brands in the wake of the powdered milk scandal in 2008," Chen said. The latest financial information about Mengniu's operation is not available to the public on the company website, but its mid-term financial results ending June 30, 2013 showed that the company gained CNY 20.7 billion , while its major rival Yili raked in more money over the same period, totaling CNY 24 billion.
According to the two companies' mid-term financial reports, the sales of liquid milk products contributed to 88.3 percent of Mengniu's overall revenues, with the rest mainly coming from ice cream, while Yili got about 75 percent of its revenue from liquid milk, but also makes money from products such as ice cream, milk powder and mixed animal feeds. Mengniu also has been in the domestic milk powder market since 2006, but the company does not have a fairly satisfactory performance in this segment, resulting in its embrace of the country's nutrition market this time, Yan Qiang, a researcher from Beijing-based Hejun Consulting, told the Global Times Monday.
An April report by Shenzhen-based market research firm China Competition Information stated that sales in the domestic nutrition industry reached CNY 113 billion in 2012, 32 percent growth year-on-year, forecasting the amount will surpass CNY 430 billion in 2018. As China's aging population is getting larger and the central government will implement the new second-child policy announced last November around the country in the near future, the demands for high-quality, especially foreign-branded or -invested, nutrition products will spike, said Yan.
Gregg Engles, CEO of White Wave, also sensed the potential boom in China's nutrition market, as he expects that the tie-up with Mengniu could help his company access China, a promising market "with a rapidly growing, multi-billion dollar nutritious products segment," according to a press release issued Sunday. Mengniu could benefit a lot from the cooperation with White Wave in terms of technology as well as establishing its brand in the nutrition sector, Yan noted, WhiteWave sells various goods such as plant-based foods and beverage as well as dairy products throughout North America and Europe. However, Chen held a wait-and-see attitude toward the prospect of Mengniu's nutrition operation, as the sector in China is faced with loose regulations and fairly chaotic competition, "Mengniu, widely known as a liquid milk giant, will have to spend a fairly long time and lots of vigor in gaining consumers' trust in the nutrition market." Chen said.
Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a thorough understanding of the Viet Nam and China aqua industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email This email address is being protected from spambots. You need JavaScript enabled to view it.This email address is being protected from spambots. You need JavaScript enabled to view it.
http://stock.sohu.com/20140107/n393043573.shtml
Shrimp accounts for over 60 pct of Vietnamese seafood exports to China
Vietnam's shrimp accounted for a large proportion of over 60 percent in Vietnamese seafood export turnover to China in 2013, according to Vietnam Association of Seafood Exporters and Producers (VASEP). The association said on its website on Monday that in the first 11 months of 2013, Vietnam exported some 517 million US dollars worth of seafood products to China, an increase of 38.7 percent over the same period in 2012. Among the seafood products exported to China, shrimp accounted for some 68 percent, worth over 349 million US dollars, up 53.7 percent year-on-year.
VASEP said the price of shrimp exported to China remained quite stable in recent years. During 2000-2006 period, shrimp export price increased from $ 6.53 to a peak of $ 8.68 per kilogram in 2002, then declined. During 2006-2012, price of shrimp exported to China ranged from $7.5-8.5 per kilogram, and is expected to increase in the coming years, said VASEP. Shrimp export to China is forecast to continue the increasing trend as changing lifestyle and higher income have helped boosting demand for seafood consumption in the country, especially high- quality products, assessed VASEP.
Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a thorough understanding of the Viet Nam and China aqua industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email This email address is being protected from spambots. You need JavaScript enabled to view it.This email address is being protected from spambots. You need JavaScript enabled to view it.
http://www.ecns.cn/business/2014/01-07/95792.shtml
2013 - A booming year for Vietnamese exports to US
A senior trade official has hailed 2013 as a successful year for Vietnamese exporters in general. Especially those ship goods to the US.
Dao Tran Nhan, Minister Counselor for Trade and head of the Vietnam Trade Office in the US, said on the fringes of the recent trade counselors’ conference that Vietnam will run a trade surplus of US$20 billion with the US when its export is estimated to surpass the US$25-billion mark.
He forecast that Vietnam’s export to the US will grow by some 10% in 2014.
Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a thorough understanding of the Viet Nam and China aqua industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email michael@boddingtonconsulting.com
http://english.vov.vn/Economy/2013-a-booming-year-for-Vietnamese-exports-to-US/271648.vov
Remarkable highlights of Vietnam fishery in 2013
Through November 2013, total seafood exports hit USD 6.23 billion mainly thanks to a sharp rise in shrimp exports. White leg shrimp sales surpassed black tiger shrimp for the first time, marine products exports reversed to fall, fishery restructure in direction of value added improvement and sustainable development were considered as remarkable spotlights of Vietnam fishery industry in 2013.
Through November 2013, shrimp exports reported a year-on-year increase of 36% to touch USD 2.8 billion including USD 1.39 billion from white leg shrimp sales (up 106.6%) and USD 1.22 billion from black tiger shrimp sales (up 5.7%).
Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a thorough understanding of the Viet Nam and China aqua industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email michael@boddingtonconsulting.com
China Agrees to Ease Restrictions on U.S. Beef
As a meeting of the annual U.S.-China Joint Commission on Commerce and Trade came to an end , China promised to ease restrictions on imports of U.S. beef according to Chinese Deputy Commerce Minister Wang Chao.
No additional details were offered. Deputy Agriculture Minister Niu Dun said the two sides will work on technical issues, but didn't provide a timetable for when full-scale imports might be allowed. According to a fact sheet issued by the Office of the U.S. Trade Representative that both sides will strive for full resumption of U.S. beef access by July 2014 on the basis of mutually agreed conditions.
The statement continued that both sides will strive for effective solutions to common concerns regarding U.S. beef trade and promote U.S. beef exports to China. U.S. beef was banned in 2003 due to BSE concerns. Promises have been made before to ease those restrictions - but the ban has effectively been maintained.
Wang said Beijing also committed to submitting a new proposal next year to join the Government Procurement Agreement, which extends the World Trade Organization's free-trade principles to purchases by governments. Government agencies, hospitals and other official entities in China are major purchasers of software and other goods. Business groups say extending the GPA to China could create multibillion-dollar new opportunities for foreign suppliers.
Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a thorough understanding of the Viet Nam and China aqua industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email This email address is being protected from spambots. You need JavaScript enabled to view it.
http://www.zaobao.com.sg/realtime/china/story20131220-290624
Seafood exports increase throughout 2013
The rising of aquaculture make the agriculture exports to reach USD 27.469 billion in 2013, an 0,7% increasing compared with 2012. Seafood export turnover was estimated at USD 617 million in December 2013, bringing the export value reached USD 6.7 billion this year, a 10.1% increasing over the same period last year. The U.S. market continues to be the largest seafood importer, accounting for 21.89% of total seafood exports of Vietnam.
Shrimp has become the major export items of Vietnam in 2013. The value of shrimp exports could reach USD 3 billion this year, come over the targets USD 2.5 billion was set at the beginning of this year. However basa catfish exports decreased 5% of value and volume exports.
Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a thorough understanding of the Viet Nam and China aqua industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email michael@boddingtonconsulting.com
http://baodientu.chinhphu.vn/Hoat-dong-Bo-nganh/Xuat-khau-thuy-san-tang-manh-suot-nam-2013/189640.vgp
Big scale pasture established in Zhanjiang, Guangdong, annual raw milk output 8,000 tons
On 20th, Dec. 2013, Zhanjiang Yantang ANZ Pasture is built well and put in use, this ranch has 2,500 Holstein cattle and all are from New Zealand and Australia, annual raw milk output is expected to be 8,000 tons.
According to reports, this pasture is jointed venture by Guangdong Yantang Dairy Co., Ltd. and its subsidiaries and Zhanjiang Zhanjiang Yantang Dairy Farming Development Co., Ltd. As a large ranch standardized milk base, the initial number of dairy herds up to 1,500, and in 2015 up to 2,000 cattle.
The Pasture is adopted throughout adopts the most advanced in Europe's technical and management support system from Europe DeLaval pasture Management Company. The system will monitor all the work from milking to health monitoring, veterinary care, breeding, etc. Cows fed total mixed use the advanced scientific TMR feeding and adopt the most advanced milking machines and cold chain systems to ensure the quality and safety of milk.
Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a thorough understanding of the Viet Nam and China aqua industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email This email address is being protected from spambots. You need JavaScript enabled to view it.This email address is being protected from spambots. You need JavaScript enabled to view it.
http://www.zjei.gov.cn/file/27/1015/1015659.shtml
Chinese beef imports will double by 2018
A new report from Rabobank projects China will double beef imports by 2018. Rabobank’s Beijing-based analyst Pan Chenjun says imports may exceed 500,000 metric tons as domestic production will fall short of meeting growing demand. She says consumption of processed pork products will increase 10 percent during the period.
Pan said that growing demand may help the U.S. convince China to drop its ban on U.S. beef which has been in place since the first BSE case in 2003. Just-concluded negotiations indicate that may happen by July, 2014. One note of interest in all of this, Smithfield Foods is now owned by Hong Kong-based Shuanghui International. China is also considering lifting a ban on Brazilian beef.
As the Chinese economy grows, spending on meat products is forecast to gain more than 10 per cent a year in the next five years, out pacing a 2 per cent annual increase in volumes, indicating people are buying more expensive products, Pan said.
Consumption of processed pork products should increase 10 percent over the period, while China produces almost all its pork, Rabobank says it will need to import more corn and soybeans to feed the herds.
China import beef amount reached 253,196 tons by the end of October this year, while compared with last year’s import figure 38,251 tons.
http://finance.sina.com.cn/hy/20131226/125017759998.shtml
Shrimp exports forecast to reach record high of USD 3 billion
In November, Vietnam exported seafood worth USD 650 million and through this month the figure reached USD 6.1 billion, equaling to the amount reported for the whole 2012. If this trend continues, this year’s seafood exports are expected to exceed the target of USD 6.5 billion and to reach nearly USD 7 billion, according to the Vietnam Association of Seafood Exporters & Producers (VASEP).
Through October 2013, shrimp sales achieved a record of nearly USD 2.5 billion, breaking the previous record of USD 2.4 billion recorded in 2011. Shrimp exports through November 2013 were estimated at USD 2.7 – 2.8 billion and sales of this crustacean are forecast to reach the record level USD 3 billion by the end of this year.
According to the Directorate of Fisheries, through November 2013, shrimp farming area nationwide was 652,612 hectares, including 588,894 hectares of black tiger shrimp farming and 63,719 hectares of vannamei farming. From a total output of 475,854 tonnes, black tiger shrimp accounted for 232,853 tonnes and whitleg shrimp, 243,001 tonnes.
http://www.fis.com/fis/worldnews/worldnews.asp?l=e&country=0&special=&monthyear=&day=&id=65450&ndb=1&df=0