One of the industries heavily affected by the COVID-19 epidemic is pangasius. According to the Ministry of Agriculture and Rural Development, in 2020, due to the prolonged impact of the COVID-19 epidemic, exports are interrupted due to border closures, a series of fast food restaurants in importing countries. Main is closed.
Shipping was delayed, some orders were canceled or the delivery time delayed, some customers refused to make new orders, there was a temporary shortage of labor.
The pangasius industry started a downward trend from March 2019 to now after 2 consecutive years of high growth.
With the characteristics of pangasius products as food-service, when the world applies the social isolation order due to the COVID-19 epidemic, a series of shops and schools are closed, and especially when China announces the virus is found. corona on the packaging of frozen products, the more significant the pangasius export turnover is.
Furthermore, the saline intrusion, which lasted from the beginning of the year to the end of May, has reduced production efficiency due to the high rate of loss from seeding to commercial production.
Additionally, in mid-November, the city of Shanghai required all high-risk imported frozen foods stored, processed and sold in the city to be in transit warehouses for COVID-19 testing and Packaging delivery fumigation will be done online.
This affects Vietnam’s exports of frozen goods. In which, pangasius is considered one of the most affected items.
Ms. To Tuong Lan, Deputy Secretary General of Vietnam Association of Seafood Exporters and Producers (VASEP), said the clearance process took 3 times longer than normal.
Accordingly, normally the clearance only takes 10 days but currently this process lasts 30-40 days, depending on the locality. Besides, the cost per container also increased 3-4 times to 2,000-3,000 USD.
This leads to a sharp decrease in pangasius export turnover.
As of mid-December, in China alone, pangasius export turnover decreased by 25%.
Generally for export markets, turnover decreased by 30%. The Chinese market currently accounts for 40% of Vietnam’s pangasius export turnover. At the same time, 2020 is the second consecutive year that pangasius exports decline.
Pepper suffered double damage when the oversupply crisis was not over, COVID-19 struck, causing a series of restaurants in major consuming markets such as China, EU,… to close. Meanwhile, this is a large consumer market for Vietnamese pepper.
In the first months of 2020, the market situation is still bleak when there is a time when the pepper price is only about 36,000 VND / kg, much lower than the production cost.
Even when the output decreases due to the abandonment of the garden and not invest in care as before, some people think that pepper prices will be difficult to increase sharply due to the bleak world demand.
Talking to the writer Mr. Phan Minh Thong Chairman of the Board of Directors cum General Director of Phuc Sinh Group, who is dubbed the “king of consumption”, said that if there is no translation of COVID-19, according to the law of supply – demand, pepper price will be next year. 2021 may increase because for many years, the industry has been under too great pressure of oversupply.
“In the past, when 10 people wanted to sell, now that number is 50-60 people. While there was no demand, many restaurants around the world had to close.
The segment of restaurants and hotels in Europe consumes a lot of Vietnamese pepper but is also currently paralyzed. Even by 2021, I think that Vietnam’s consumption of pepper can decrease by up to 50%, ”said Mr. Thong.
Mr. Thong said that some of Phuc Sinh’s customers bought goods from February but still have inventory. The company did not dare to buy too much as before.
The effects of COVID-19 on coffee plants are similar to those of pepper. In recent years, coffee trees are under oversupply pressure, causing the price of this commodity to decrease continuously.
This makes people no longer salty with this plant. Besides, due to the impact of extreme weather, coffee production in the 2020-2021 crop will decrease.
However, speaking with the writer, Mr. Nguyen Nam Hai, Vice Chairman of the Vietnam Coffee – Cocoa Association, said that coffee output in the crop year 2019-2020 is estimated to decrease by 4.5% compared to the crop year 2018 – 2019 down to about 1.63 million tons.
“For example, even when EVFTA took effect, but affected by the COVID-19 epidemic, the demand for coffee is low, the export is still difficult,” Mr. Nam said.
According to the Import and Export Department (Ministry of Industry and Trade), the forecast of world coffee prices will continue its downward trend in the coming month due to reduced demand. According to the ICO, demand for coffee in the remaining months of 2020 is expected to decline due to the difficult global economy.
Compared to crop year 2018-19, coffee demand decreased in the top 5 consumption markets, accounting for 63.7% of total global consumption, a decrease.
Even when affected by COVID-19 epidemic, many industries will still record positive growth in 2020.
Despite facing difficulties caused by the COVID-19 pandemic, the first 11 months of 2020, Vietnam’s wood industry still has impressive growth steps with the total value of wood and wood products exported in the first 11 months. in 2020, reaching 10.88 billion USD, increasing by 14% compared to the same period in 2019, especially when it recorded 5 consecutive months of export reaching a record of over 1 billion USD in a month.
The Ministry of Agriculture and Rural Development forecasts that the export value of the whole 2020 will reach nearly 12.5 billion USD.
According to the General Department of Customs, for 11 months, the export output is estimated at more than 5.7 million tons of rice, worth more than $ 2.8 billion, compared to the same period in 2019, down 2.52% in volume but increase more than 10% in terms of export value. This is also the item with the strongest increase in export prices in the past 11 months.
Mr. Do Ha Nam, Vice Chairman of the Vietnam Food Association (VFA), said: “This year, although we have lost our crops in the Winter-Spring and Summer-Autumn crops, it is the year with the highest price in about 10 years now. This can be said to be a success and an opportunity for next year to expand investment and production more favorable ”.
According to the Association of Seafood Exporters and Producers (VASEP), as of November this year, Vietnam’s shrimp exports reached 3.4 billion USD, up 11.3% over the same period last year. Shrimp export in 2020 is expected to reach 3.78 billion USD, up 12.4% compared to 2019.
Vietnam shrimp exports this year performed well despite the complicated COVID-19 epidemic all over the world, in both importing and supplying countries.
Raw shrimp prices in the Mekong River Delta continued to be at a high level compared to the first months of the year and increased slightly due to reduced supply, and factories adjusted purchasing prices to serve export demand at the end of the year.
Vietnamese shrimp exports have been growing steadily in the US market and in smaller markets such as the UK, Canada and Australia. Exports to markets such as China, EU, and South Korea, although still recorded positive growth in the first 11 months of the year, but also declined in months.
Vietnamese export enterprises have searched and diversified markets, took advantage of the opportunities created by the changes in the market caused by the COVID-19 epidemic, diversified their products to suit each other segment. together.
According to VietnamBiz
