Tilapias Market
Tilapias market: find the latest facts and figures provided by an Ai-driven market intelligence tool. Data provide companies, market size, production, imports, trade, exports, consumption, and market prices. Here is a split by region, including Russia, the U.K., China, EU, Latin America, the Middle East, the U.S., and Africa. Market insights and outlook to 2030 are also provided in the dashboards.
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Tilapias - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | United States |
3 | Mexico |
4 | Taiwan (Chinese) |
5 | Cote d'Ivoire |
In value terms, China, the United States and Mexico constituted the countries with the highest levels of market value in 2020, with a combined 70% share of the global market.
China saw the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while tilapias market for the other global leaders experienced more modest paces of growth.
Tilapias Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
South Africa | 1513 | 1472 | 987 | -19.2% |
Thailand | 1602 | 1738 | 1076 | -18.0% |
Vietnam | 1770 | 1743 | 1739 | -0.9% |
Belgium | 1981 | 1883 | 1793 | -4.9% |
China | 2672 | 2459 | 2258 | -8.1% |
Egypt | 1110 | 1580 | 2729 | 56.8% |
Netherlands | 3331 | 3472 | 3437 | 1.6% |
Colombia | 7119 | 5582 | 3770 | -27.2% |
United States | 3658 | 3510 | 3786 | 1.7% |
Indonesia | 5540 | 5712 | 6385 | 7.4% |
Average | 2725 | 2655 | 2647 | -1.4% |
Prices varied noticeably by the country of origin; the country with the highest price was Indonesia ($6,385 per ton), while South Africa ($987 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Egypt (+56.8% per year), while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Mexico | 2328 | 3585 | 4084 | 32.4% |
Israel | 2784 | 2595 | 3710 | 15.4% |
Netherlands | 2668 | 2857 | 2877 | 3.8% |
United States | 3527 | 3355 | 2572 | -14.6% |
Cote d'Ivoire | 2337 | 2381 | 2410 | 1.5% |
Costa Rica | 2558 | 2392 | 2171 | -7.9% |
Colombia | 3174 | 2943 | 2157 | -17.6% |
Zambia | 1021 | 1149 | 1159 | 6.5% |
Kenya | 1835 | 1511 | 1096 | -22.7% |
United Arab Emirates | 1387 | 1526 | 1064 | -12.4% |
Average | 2735 | 2896 | 2622 | -2.1% |
Prices varied noticeably by the country of destination; the country with the highest price was Mexico ($4,084 per ton), while the United Arab Emirates ($1,064 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.
Tilapias - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
United States | 0.6 | 0.5 | 0.5 | -8.6% |
Mexico | 0.2 | 0.2 | 0.2 | -6.5% |
Cote d'Ivoire | 0.06 | 0.05 | 0.05 | -9.2% |
Israel | 0.04 | 0.02 | 0.05 | 8.3% |
Netherlands | 0.01 | 0.02 | 0.02 | 31.2% |
In value terms, the United States ($463M) constitutes the largest market for imported tilapias worldwide, comprising 44% of global imports. The second position in the ranking was occupied by Mexico ($174M), with a 17% share of global imports. It was followed by Cote d'Ivoire, with a 4.9% share.
From 2018 to 2020, the average annual rate of growth in terms of value in the United States amounted to -8.6%. The remaining importing countries recorded the following average annual rates of imports growth: Mexico (-6.5% per year) and Cote d'Ivoire (-9.2% per year).
Tilapias - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
China | 664 | 460 | 274 | -35.8% |
Indonesia | 60 | 65 | 78 | 13.9% |
Netherlands | 17 | 21 | 24 | 16.4% |
Colombia | 6.8 | 5.8 | 16 | 50.6% |
Vietnam | 21 | 17 | 14 | -19.5% |
In value terms, China ($274M) remains the largest tilapias supplier worldwide, comprising 54% of global exports. The second position in the ranking was occupied by Indonesia ($78M), with a 15% share of global exports. It was followed by the Netherlands, with a 4.6% share.
In China, tilapias exports decreased by an average annual rate of -35.8% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Indonesia (+13.9% per year) and the Netherlands (+16.4% per year).
Tilapias - Market Forecast
Driven by increasing demand for tilapias worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Tilapias - Product Coverage
- HS 030323 - Fish; frozen, tilapias (Oreochromis spp.), excluding fillets, livers, roes, and other fish meat of heading 0304
- HS 030271 - Fish; fresh or chilled, tilapias (Oreochromis spp.), excluding fillets, livers, roes, and other fish meat of heading 0304
- HS 030461 - Fish fillets; frozen, tilapias (Oreochromis spp.)
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