The estimate of world demand for Pangasius catfish (Pangasiusianodon hypopthalmus)

Peer Reviewed
1 January 2017

This research described in this article aimed to investigate international market potentials for Pangasius catfish (Pangasianodon hypopthalmus). The monthly export data from Vietnam, which accounts for more than 95% of the global export value, in the period 2007 to 2014, were used to estimate a non-linear Inverse Almost Ideal Demand System of the seven market regions. Prices in all markets are found very inflexible, with own-price flexibilities on −0.200 to −0.917, or −0.419 on average, revealing the option of expanding global production and export without inducing a substantial price reduction. Consumers in all markets except Latin America evaluate Pangasius as a necessary good, indicating that the Pangasius industry is relatively little affected by recessions and booms in the world economy. The major markets are substitutes for each other; therefore, if demand at one market region is reduced, the presence of substitution leads suppliers to find other markets. The results reveal that demand provides stable framework conditions for the Pangasius industry.

EfD Authors

Files and links

Sustainable Development Goals
Publication reference
Nguyen Tien Thong, Max Nielsen, Eva Roth, Giap Van Nguyen & Hans Stubbe Solgaard (2016) The estimate of world demand for Pangasius catfish (Pangasiusianodon hypopthalmus), Aquaculture Economics & Management, 21:3, 400-417, DOI: 10.1080/13657305.2016.12619

Request a publication

Due to Copyright we cannot publish this article but you are very welcome to request a copy from the author. Please just fill in the information beneath.

Authors I want to contact
Publication | 31 May 2018