Source: vietnambiz.vn
Data from the General Department of Customs shows that in the first 9 months of 2023, Vietnam spent nearly 6.8 billion USD on import animal feed and main raw materials, down 8% over the same period in 2022.
Of which, import turnover of animal feed and raw materials reached 3.8 billion USD, down 6% over the same period in 2022. Imports of corn and soybeans were at 2 billion USD and 934 million USD, respectively, down 14% and down 4% over the same period.
The Department of Livestock said the total demand for concentrate feed (corn, oil cake of all kinds, bran of all kinds, fishmeal…) of the entire livestock industry in Vietnam is about 33 million tons/year, mainly used for raising pigs and pigs. Poultry.
To meet this demand, Vietnam needs a huge amount of concentrate feed ingredients, while domestic production capacity can only meet about 13 million tons/year, accounting for about 35% of total demand, the remaining from imported sources.
The main products of the farming industry that can be used as animal feed include 42.8 million tons of rice (mainly broken rice and bran); 4.6 million tons of corn seeds; 10.5 million tons of fresh cassava; 65,400 tons of soybeans.
For main additives and dietary supplements such as vitamins, amino acids…, Vietnam has to import up to 80% due to lack of production technology and small consumer market, so it cannot attract investment.
Currently, domestic enterprises can only produce a small amount of mineral supplements, microbial products and herbs.
According to the Department of Livestock, the country currently has 269 complete mixed industrial animal feed production facilities with a total design capacity of 43.2 million tons.
Of these, 90 factories are owned by FDI enterprises, accounting for 51% of design capacity, while the remaining 179 factories are owned by domestic enterprises, accounting for nearly 49% of capacity.
The Department of Agriculture and Rural Development of An Giang province reflected that in recent times, the impact of African swine fever and other diseases has caused animal feed companies to not be able to sell their products, so they have switched to renting locations and renting. farming in large quantities.
This investment wave has regulated livestock product prices in the domestic market, especially pork and poultry prices.
