Report Hong Kong SAR, China - Frozen Tilapias - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update May 1, 2024

Hong Kong SAR, China - Frozen Tilapias - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Frozen Tilapias Market 2022

Frozen Tilapias Market Size in Hong Kong SAR, China

In 2020, the Hong Kong frozen tilapias market increased by X% to $X, rising for the second year in a row after four years of decline. In general, consumption recorded resilient growth. The pace of growth was the most pronounced in 2014 when the market value increased by X% y-o-y. Frozen tilapias consumption peaked in 2020 and is expected to retain growth in years to come.

Frozen Tilapias Exports

Exports from Hong Kong SAR, China

Frozen tilapias exports from Hong Kong SAR expanded slightly to X tons in 2020, growing by X% on the year before. Over the period under review, total exports indicated a moderate increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2018 indices. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Exports peaked at X tons in 2015; however, from 2016 to 2020, exports remained at a lower figure.

In value terms, frozen tilapias exports reduced modestly to $X in 2020. Overall, exports continue to indicate a perceptible decline. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Exports peaked at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

The UK (X tons), the U.S. (X tons) and Mexico (X tons) were the main destinations of frozen tilapias exports from Hong Kong SAR, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico, while exports for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for frozen tilapias exported from Hong Kong SAR were the UK ($X), the U.S. ($X) and Mexico ($X), together comprising X% of total exports.

In terms of the main countries of destination, Mexico saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average frozen tilapias export price stood at $X per ton in 2020, which is down by -X% against the previous year. In general, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. The export price peaked at $X per ton in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Macao SAR ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced a decline.

Frozen Tilapias Imports

Imports into Hong Kong SAR, China

In 2020, overseas purchases of frozen tilapias increased by X% to X tons, rising for the second year in a row after four years of decline. In general, imports continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked in 2020 and are expected to retain growth in the near future.

In value terms, frozen tilapias imports soared to $X in 2020. Over the period under review, imports posted a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Japan (X tons) constituted the largest supplier of frozen tilapias to Hong Kong SAR, with a X% share of total imports. Moreover, frozen tilapias imports from Japan exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold. The third position in this ranking was occupied by Taiwan (Chinese) (X tons), with a X% share.

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

In value terms, Japan ($X) constituted the largest supplier of frozen tilapias to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was occupied by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Japan stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-X% per year) and China (-X% per year).

Import Prices by Country

In 2020, the average frozen tilapias import price amounted to $X per ton, rising by X% against the previous year. In general, the import price showed prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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. These countries were followed by Mexico, Thailand, Kenya, Saudi Arabia, Ghana, France, South Africa and the UK, which together accounted for a further 27%.
China remains the largest frozen tilapias producing country worldwide, comprising approx. 82% of total volume. Moreover, frozen tilapias production in China exceeded the figures recorded by the second-largest producer, Thailand, tenfold. The third position in this ranking was occupied by Vietnam, with a 5.9% share.
In value terms, Japan constituted the largest supplier of frozen tilapias to Hong Kong SAR, comprising 89% of total imports. The second position in the ranking was occupied by Taiwan Chinese), with a 7.7% share of total imports. It was followed by China, with a 2.3% share.
In value terms, the UK, the U.S. and Mexico constituted the largest markets for frozen tilapias exported from Hong Kong SAR worldwide, with a combined 90% share of total exports.
In 2020, the average frozen tilapias export price amounted to $1,702 per ton, with a decrease of -8.3% against the previous year.
In 2020, the average frozen tilapias import price amounted to $5,316 per ton, with an increase of 177% against the previous year.

This report provides an in-depth analysis of the frozen tilapias market in Hong Kong SAR, China. 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:

    • Hong Kong SAR

    Data coverage:

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

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. 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
    12. 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

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