South-Eastern Asia: Frozen Tilapias Market 2022

Frozen Tilapias Market Size in South-Eastern Asia

The Southeast Asian frozen tilapias market skyrocketed to $X in 2020, growing by X% against the previous year. Over the period under review, consumption continues to indicate a pronounced expansion. The pace of growth appeared the most rapid in 2019 when the market value increased by X% y-o-y. The level of consumption peaked at $X in 2013; however, from 2014 to 2020, consumption stood at a somewhat lower figure.

Frozen Tilapias Production in South-Eastern Asia

In value terms, frozen tilapias production totaled $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. from 2015 to 2020, production growth failed to regain the momentum.

Production By Country in South-Eastern Asia

The countries with the highest volumes of frozen tilapias production in 2020 were Thailand (X tons) and Vietnam (X tons).

From 2007 to 2020, the biggest increases were in Vietnam.

Frozen Tilapias Exports

Exports in South-Eastern Asia

In 2020, approx. X tons of frozen tilapias were exported in South-Eastern Asia; falling by -X% against the year before. Over the period under review, exports saw a pronounced setback. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, exports attained the peak of X tons. from 2015 to 2020, the growth exports failed to regain the momentum.

In value terms, frozen tilapias exports dropped rapidly to $X in 2020. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. As a result, exports reached the peak of $X. from 2015 to 2020, the growth exports remained at a lower figure.

Exports by Country

Vietnam represented the main exporting country with an export of around X tons, which finished at X% of total exports. It was distantly followed by Thailand (X tons), creating a X% share of total exports. Malaysia (X tons) held a relatively small share of total exports.

Vietnam was also the fastest-growing in terms of the frozen tilapias exports, with a CAGR of +X% from 2007 to 2020. Thailand (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. Vietnam (+X p.p.) significantly strengthened its position in terms of the total exports, while Malaysia and Thailand saw its share reduced by -X% and -X% from 2007 to 2020, respectively.

In value terms, Vietnam ($X) remains the largest frozen tilapias supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value in Vietnam stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (-X% per year) and Malaysia (-X% per year).

Export Prices by Country

The frozen tilapias export price in South-Eastern Asia stood at $X per ton in 2020, increasing by X% against the previous year. Export price indicated a perceptible expansion from 2007 to 2020: its price 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, frozen tilapias export price increased by +X% against 2018 indices. The growth pace was the most rapid in 2014 an increase of X% y-o-y. Over the period under review, export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2020, export prices failed to regain the momentum.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was Thailand ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the other leaders experienced mixed trends in the export price figures.

Frozen Tilapias Imports

Imports in South-Eastern Asia

In 2020, the amount of frozen tilapias imported in South-Eastern Asia fell significantly to X tons, which is down by -X% against the previous year. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. The volume of import peaked at X tons in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, frozen tilapias imports reduced markedly to $X in 2020. In general, imports saw a mild contraction. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. from 2014 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, Singapore (X tons), Malaysia (X tons) and Thailand (X tons) was the major importer of frozen tilapias in South-Eastern Asia, committing X% of total import. Timor-Leste (X tons), Vietnam (X tons), Indonesia (X tons) and the Philippines (X tons) occupied a minor share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Timor-Leste, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen tilapias importing markets in South-Eastern Asia were Malaysia ($X), Singapore ($X) and Thailand ($X), together comprising X% of total imports.

Thailand recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The frozen tilapias import price in South-Eastern Asia stood at $X per ton in 2020, with a decrease of -X% against the previous year. In general, the import price, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2019, and then contracted sharply in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Timor-Leste ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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