Global Frozen Tilapias Market 2022

Frozen Tilapias Market Size

In 2020, the global frozen tilapias market decreased by -X% to $X for the first time since 2016, thus ending a three-year rising trend. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2012 when the market value increased by X% year-to-year. Global consumption peaked at $X in 2019, and then reduced slightly in the following year.

Frozen Tilapias Production

In value terms, frozen tilapias production amounted to $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 only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Global production peaked at $X in 2014; however, from 2015 to 2020, production remained at a lower figure.

Production By Country

China (X tons) constituted the country with the largest volume of frozen tilapias production, accounting for X% of total volume. Moreover, frozen tilapias production in China exceeded the figures recorded by the second-largest producer, Thailand (X tons), tenfold. Vietnam (X tons) ranked third in terms of total production with a X% share.

In China, frozen tilapias production remained relatively stable over the period from 2007-2020. In the other countries, the average annual rates were as follows: Thailand (+X% per year) and Vietnam (+X% per year).

Frozen Tilapias Exports

Exports

In 2020, approx. X tons of frozen tilapias were exported worldwide; which is down by -X% compared with the previous year. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by X% year-to-year. Global exports peaked at X tons in 2014; however, from 2015 to 2020, exports remained at a lower figure.

In value terms, frozen tilapias exports contracted to $X in 2020. In general, total exports indicated a mild increase from 2007 to 2020: its value decreased 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 decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Global exports peaked at $X in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

Exports by Country

China prevails in frozen tilapias exports structure, reaching X tons, which was near X% of total exports in 2020. It was distantly followed by Vietnam (X tons), constituting a X% share of total exports. The following exporters - the Netherlands (X tons), Belgium (X tons), Namibia (X tons), Thailand (X tons) and Zambia (X tons) - together made up X% of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of frozen tilapias. At the same time, Zambia (+X%), Namibia (+X%), Belgium (+X%), Vietnam (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2020. By contrast, Thailand (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Vietnam, the Netherlands, Belgium, Namibia and Zambia increased by +X%, +X%, +X%, +X% and +X% percentage points, while China (-X p.p.) and Thailand (-X p.p.) saw their share reduced.

In value terms, China ($X) remains the largest frozen tilapias supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of global exports. It was followed by the Netherlands, with a X% share.

In China, frozen tilapias exports remained relatively stable over the period from 2007-2020. In the other countries, the average annual rates were as follows: Vietnam (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

In 2020, the average frozen tilapias export price amounted to $X per ton, almost unchanged from the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013 an increase of X% y-o-y. Global export price peaked at $X per ton in 2014; however, from 2015 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Namibia ($X per ton), while Zambia ($X per ton) was amongst the lowest.

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

Frozen Tilapias Imports

Imports

In 2020, overseas purchases of frozen tilapias decreased by -X% to X tons, falling for the second year in a row after two years of growth. Overall, total imports indicated a mild 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, imports decreased by -X% against 2018 indices. The growth pace was the most rapid in 2013 when imports increased by X% y-o-y. Over the period under review, global imports reached the peak figure at X tons in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, frozen tilapias imports shrank significantly to $X in 2020. Over the period under review, total imports indicated a slight increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, global imports reached the peak figure at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, the U.S. (X tons), distantly followed by Cote d'Ivoire (X tons), Mexico (X tons) and Kenya (X tons) were the major importers of frozen tilapias, together generating X% of total imports. The following importers - the Netherlands (X tons), Saudi Arabia (X tons), Ghana (X tons), South Africa (X tons), France (X tons), the UK (X tons), Belgium (X tons), the United Arab Emirates (X tons) and Zambia (X tons) - together made up X% of total imports.

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

In value terms, the U.S. ($X), Cote d'Ivoire ($X) and Mexico ($X) were the countries with the highest levels of imports in 2020, together comprising X% of global imports. These countries were followed by the Netherlands, Kenya, Ghana, France, the UK, Belgium, South Africa, Saudi Arabia, the United Arab Emirates and Zambia, which together accounted for a further X terms of the main importing countries, Kenya recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen tilapias import price stood at $X per ton in 2020, shrinking by -X% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by X% y-o-y. Global import price peaked at $X per ton in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Cote d'Ivoire ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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