China: Tilapias Market 2022

Tilapias Market Size in China

The Chinese tilapias market totaled $X in 2021, picking up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Tilapias consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Tilapias Production in China

In value terms, tilapias production amounted to $X in 2021 estimated in export price. Overall, production showed a mild slump. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Tilapias production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Tilapias Exports

Exports from China

In 2021, approx. X tons of tilapias were exported from China; shrinking by -X% against the previous year's figure. Overall, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, tilapias exports declined modestly to $X in 2021. Over the period under review, exports saw a deep slump. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Burkina Faso (X tons), Mali (X tons) and the United States (X tons) were the main destinations of tilapias exports from China, with a combined X% share of total exports.

From 2012 to 2021, the biggest increases were in Mali (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tilapias exported from China were Burkina Faso ($X), the United States ($X) and Russia ($X), with a combined X% share of total exports. Mali, the Netherlands, Canada, Poland, Congo, the UK, Mexico, France, Rwanda and Belgium lagged somewhat behind, together accounting for a further X the main countries of destination, Mali, with a CAGR of +X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average tilapias export price stood at $X per ton in 2021, increasing by X% against the previous year. In general, the export price, however, recorded a noticeable reduction. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Canada ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Congo (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Tilapias Imports

Imports into China

In 2021, the amount of tilapias imported into China dropped sharply to X tons, with a decrease of -X% against 2020 figures. In general, imports, however, posted pronounced growth. The growth pace was the most rapid in 2020 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, tilapias imports fell rapidly to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of tilapias to China, with a X% share of total imports. Moreover, tilapias imports from the United States exceeded the figures recorded by the second-largest supplier, South Africa (X tons), threefold. The third position in this ranking was taken by Indonesia (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+X% per year) and Indonesia (-X% per year).

In value terms, the United States ($X), Indonesia ($X) and South Africa ($X) appeared to be the largest tilapias suppliers to China, together accounting for X% of total imports. Brazil and Namibia lagged somewhat behind, together accounting for a further X terms of the main suppliers, Brazil, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average tilapias import price stood at $X per ton in 2021, picking up by X% against the previous year. Overall, the import price, however, recorded a perceptible decline. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Indonesia ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+X%), while the prices for the other major suppliers experienced a decline.

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Source: IndexBox Platform

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