SEAFOOD INDUSTRY 2024 : IN RECOVERY PHASE
In 2024, we expect the seafood industry to recover due to increased consumption demand, driven by the low base in 2023 and the global economic recovery. The Pangasius industry is expected
to recover early in the US market, while the shrimp industry is anticipated to recover earlier in the Japanese market than in other markets.
The increase in stock prices since the beginning of the year reflects a strong recovery, as the export value in the first two months increased by 28% year on year. In terms of valuation, we believe
that the shrimp industry is currently more attractive than the fish industry.
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