Frozen Tilapia Fillets Price in Bangladesh - 2022
Contents:
Frozen Tilapia Fillets Price in Bangladesh (FOB) - 2022
The average frozen tilapia fillets export price stood at $6,343 per ton in 2022, with a decrease of -5% against the previous year. Over the period under review, the export price, however, posted buoyant growth. The pace of growth appeared the most rapid in 2021 an increase of 30%. As a result, the export price attained the peak level of $6,675 per ton, and then shrank slightly in the following year.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($6,589 per ton), while the average price for exports to the Netherlands amounted to $6,255 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+39.0%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Tilapia Fillets Exports in Bangladesh
In 2022, shipments abroad of frozen tilapia fillets decreased by -35.9% to 881 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 252%. As a result, the exports reached the peak of 1.4 tons, and then contracted significantly in the following year.
In value terms, frozen tilapia fillets exports shrank remarkably to $5.6K in 2022. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 358%. As a result, the exports reached the peak of $9.2K, and then contracted significantly in the following year.
| Export of Frozen Tilapia Fillets in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 2.0 | 0% |
| Finland | N/A | N/A | N/A | 1.5 | 0% |
| Norway | 0.9 | 2.0 | N/A | N/A | 122.2% |
| Thailand | N/A | N/A | 3.3 | N/A | 0% |
| Others | N/A | N/A | 5.9 | 2.0 | -66.1% |
| Total | 0.9 | 2.0 | 9.2 | 5.6 | 83.9% |
Top Export Markets for Frozen Tilapia Fillets from Bangladesh in 2022:
- Netherlands (325.0 kg)
- Finland (231.0 kg)
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