Report Update May 1, 2024

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

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Vietnam: Frozen Tilapias Market 2022

Frozen Tilapias Market Size in Vietnam

The Vietnamese frozen tilapias market soared to $X in 2020, growing by X% against the previous year. Over the period under review, consumption, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2019 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Frozen Tilapias Production in Vietnam

In value terms, frozen tilapias production reached $X in 2020 estimated in export prices. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by X% y-o-y. Frozen tilapias production peaked at $X in 2017; however, from 2018 to 2020, production stood at a somewhat lower figure.

Frozen Tilapias Exports

Exports from Vietnam

Frozen tilapias exports from Vietnam reduced to X tons in 2020, falling by -X% against 2019. Over the period under review, exports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at X tons in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

In value terms, frozen tilapias exports contracted to $X in 2020. In general, exports, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2013 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

Exports by Country

South Korea (X tons), the U.S. (X tons) and the Netherlands (X tons) were the main destinations of frozen tilapias exports from Vietnam, with a combined X% share of total exports. Belgium, the United Arab Emirates, the UK, Malaysia, Italy, Turkey, the Dominican Republic, Canada, Thailand and Qatar lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Turkey (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), the U.S. ($X) and the Netherlands ($X) appeared to be the largest markets for frozen tilapias exported from Vietnam worldwide, together comprising X% of total exports. Belgium, the United Arab Emirates, the UK, Malaysia, Italy, Turkey, the Dominican Republic, Canada, Thailand and Qatar lagged somewhat behind, together comprising a further X the main countries of destination, Turkey (+X% per year) 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 frozen tilapias export price stood at $X per ton in 2020, remaining relatively unchanged against the previous year. Overall, the export price saw a perceptible descent. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the maximum at $X per ton in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

Average prices varied noticeably for the major overseas markets. In 2020, the highest prices were recorded for prices to the United Arab Emirates ($X per ton) and Qatar ($X per ton), while the average price for exports to the UK ($X per ton) and Italy ($X per ton) were 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 more modest paces of growth.

Frozen Tilapias Imports

Imports into Vietnam

In 2020, overseas purchases of frozen tilapias were finally on the rise to reach X tons after three years of decline. Over the period under review, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2020, imports remained at a lower figure.

In value terms, frozen tilapias imports skyrocketed to $X in 2020. Overall, imports, however, saw a relatively flat trend pattern. Imports peaked at $X in 2016; however, from 2017 to 2020, imports remained at a lower figure.

Imports by Country

The U.S. (X tons) and Italy (X tons) were the main suppliers of frozen tilapias imports to Vietnam.

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

In value terms, the largest frozen tilapias suppliers to Vietnam were the U.S. ($X) and Italy ($X the main suppliers, Italy recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2020, the average frozen tilapias import price amounted to $X per ton, falling by -X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by X% y-o-y. As a result, import price attained the peak level of $X per ton. from 2015 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per ton), while the price for Italy stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy.

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 comprising 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%.

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

The country with the largest volume of frozen tilapias production was China, accounting for 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.

What are the leading suppliers of frozen tilapias to Vietnam?

In value terms, the U.S. and Italy were the largest frozen tilapias suppliers to Vietnam.

What are the leading importers of frozen tilapias from Vietnam?

In value terms, South Korea, the U.S. and the Netherlands constituted the largest markets for frozen tilapias exported from Vietnam worldwide, with a combined 53% share of total exports. These countries were followed by Belgium, the United Arab Emirates, the UK, Malaysia, Italy, Turkey, the Dominican Republic, Canada, Thailand and Qatar, which together accounted for a further 37%.

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

In 2020, the average frozen tilapias export price amounted to $1,634 per ton, remaining constant against the previous year.

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

The average frozen tilapias import price stood at $1,898 per ton in 2020, waning by -18% against the previous year.

This report provides an in-depth analysis of the frozen tilapias market in Vietnam. 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:

Vietnam

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Vietnam
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:

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
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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