Frozen Tilapia Fillets Price in Venezuela - 2022
Contents:
Frozen Tilapia Fillets Price in Venezuela (CIF) - 2022
The average frozen tilapia fillets import price stood at $5,249 per ton in 2022, reducing by -2.3% against the previous year. Over the period under review, the import price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 53% against the previous year. Over the period under review, average import prices hit record highs at $5,374 per ton in 2021, and then fell modestly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Taiwan (Chinese).
From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +6.3% per year.
Frozen Tilapia Fillets Imports in Venezuela
In 2022, purchases abroad of frozen tilapia fillets decreased by -29.2% to 3.1 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 111%.
In value terms, frozen tilapia fillets imports contracted notably to $16K in 2022. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 161% against the previous year. As a result, imports reached the peak of $23K, and then contracted remarkably in the following year.
| Import of Frozen Tilapia Fillets in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 4.2 | 4.2 | 23.2 | 16.0 | 56.2% |
| Spain | N/A | 2.4 | N/A | N/A | 0% |
| Others | N/A | 2.4 | N/A | N/A | 0% |
| Total | 4.2 | 8.9 | 23.2 | 16.0 | 56.2% |
Top Suppliers of Frozen Tilapia Fillets to Venezuela in 2022:
- Taiwan (Chinese) (3.1 tons)
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