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Thai Aquatic Base wants to transfer positions

According to Thailand’s “World Journal” reported on January 18th, due to insufficient domestic raw materials, increased labor costs, rising oil prices and other factors, production costs have increased significantly. Thai fishery operators plan to gradually transfer their production bases to Vietnam, and also pay more attention to the Chinese market, hoping to further explore the development potential of Thai aquatic products in the Chinese market.

Thai Aquatic Base
The exporter of Tainan's aquatic products said that the current fishery in Thailand is in crisis. In addition to the impact of oil prices, a large number of aquatic products from Myanmar and Indonesia flooded into the Thai market, causing the price of domestic aquatic products to fall. At the same time, the supply of raw materials for the production of raw materials was not good, and the amount of fish on the shore decreased by nearly 40%. Thai water products operators are actively looking for new raw materials such as Vietnam, Oman and Yemen. The low labor costs in these countries are conducive to the establishment of new water production bases.

Thai water products exporters also said that because the Chinese market has a large demand for fresh food, dry goods and frozen foods, and the product grade requirements are different from those of the main export market, the Thai side is ready to further develop the Chinese market and expand the Thai water market. The export of products to China and the scale of sales in the Chinese market.

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