Report Update May 1, 2024

Colombia - Frozen Tilapias - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Frozen Tilapias Market 2022

Frozen Tilapias Market Size in Colombia

In 2020, the Colombian frozen tilapias market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, faced a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2020, consumption stood at a somewhat lower figure.

Frozen Tilapias Exports

Exports from Colombia

In 2020, approx. X tons of frozen tilapias were exported from Colombia; increasing by X% against 2019. In general, exports saw a prominent expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure in 2020 and are expected to retain growth in the immediate term.

In value terms, frozen tilapias exports reduced dramatically to $X in 2020. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2019, and then shrank remarkably in the following year.

Exports by Country

The U.S. (X tons) was the main destination for frozen tilapias exports from Colombia, with a X% share of total exports. Moreover, frozen tilapias exports to the U.S. exceeded the volume sent to the second major destination, Peru (X tons), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to the U.S. totaled +X%.

In value terms, the U.S. ($X) remains the key foreign market for frozen tilapias exports from Colombia, comprising X% of total exports. The second position in the ranking was occupied by Peru ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to the U.S. was relatively modest.

Export Prices by Country

In 2020, the average frozen tilapias export price amounted to $X per ton, falling by -X% against the previous year. Over the period under review, the export price recorded a abrupt decline. The pace of growth was the most pronounced in 2018 an increase of X% year-to-year. Over the period under review, average export prices reached the peak figure at $X per ton in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2020, the country with the highest price was the U.S. ($X per ton), while the average price for exports to Peru stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Peru.

Frozen Tilapias Imports

Imports into Colombia

In 2020, after three years of decline, there was significant growth in purchases abroad of frozen tilapias, when their volume increased by X% to X tons. Overall, imports posted resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Imports peaked at X tons in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

In value terms, frozen tilapias imports soared to $X in 2020. Over the period under review, imports posted a buoyant increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tons) constituted the largest supplier of frozen tilapias to Colombia, accounting for a X% share of total imports. Moreover, frozen tilapias imports from China exceeded the figures recorded by the second-largest supplier, the U.S. (X tons), fivefold.

From 2007 to 2020, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Ecuador (-X% per year).

In value terms, China ($X) constituted the largest supplier of frozen tilapias to Colombia, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Ecuador (-X% per year).

Import Prices by Country

The average frozen tilapias import price stood at $X per ton in 2020, growing by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum in 2020 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen tilapias in the world?

The countries with the highest volumes of frozen tilapias consumption in 2020 were China, the U.S. and Cote d'Ivoire, together accounting for 54% of global consumption. Mexico, Thailand, Kenya, Saudi Arabia, Ghana, France, South Africa and the UK lagged somewhat behind, together accounting for a further 27%.

What are the largest producers of frozen tilapias in the world?

The country with the largest volume of frozen tilapias production was China, comprising approx. 82% of total volume. Moreover, frozen tilapias production in China exceeded the figures recorded by the second-largest producer, Thailand, tenfold. Vietnam ranked third in terms of total production with a 5.9% share.

What are the leading suppliers of frozen tilapias to Colombia?

In value terms, China constituted the largest supplier of frozen tilapias to Colombia, comprising 80% of total imports. The second position in the ranking was occupied by the U.S., with a 19% share of total imports.

What are the leading importers of frozen tilapias from Colombia?

In value terms, the U.S. remains the key foreign market for frozen tilapias exports from Colombia, comprising 96% of total exports. The second position in the ranking was occupied by Peru, with a 3.7% share of total exports.

What is the average export price for frozen tilapias in Colombia?

In 2020, the average frozen tilapias export price amounted to $3,163 per ton, shrinking by -27.2% against the previous year.

What is the average import price for frozen tilapias in Colombia?

The average frozen tilapias import price stood at $2,193 per ton in 2020, growing by 4.9% against the previous year.

This report provides an in-depth analysis of the frozen tilapias market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Country coverage:

Colombia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Colombia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023