Global Tilapias Market 2022

Tilapias Market Size

In 2021, after two years of growth, there was significant decline in the global tilapias market, when its value decreased by -X% to $X. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Tilapias Production

In value terms, tilapias production reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X, and then reduced in the following year.

Tilapias Exports

Exports

For the fifth consecutive year, the global market recorded decline in overseas shipments of tilapias, which decreased by -X% to X tons in 2021. In general, exports showed a deep slump. The pace of growth appeared the most rapid in 2016 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the global exports remained at a lower figure.

In value terms, tilapias exports expanded slightly to $X in 2021. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the global exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China prevails in exports structure, recording X tons, which was approx. X% of total exports in 2021. Indonesia (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Thailand (X%). The following exporters - the Netherlands (X tons), Vietnam (X tons), Egypt (X tons), Colombia (X tons), Brazil (X tons), Honduras (X tons) and the United States (X tons) - together made up X% of total exports.

From 2012 to 2021, average annual rates of growth with regard to tilapias exports from China stood at -X%. At the same time, Colombia (+X%), Brazil (+X%), Vietnam (+X%), the Netherlands (+X%) and Egypt (+X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. By contrast, the United States (-X%), Indonesia (-X%), Honduras (-X%) and Thailand (-X%) illustrated a downward trend over the same period. The Netherlands (+X p.p.), Vietnam (+X p.p.), Colombia (+X p.p.), Egypt (+X p.p.), Indonesia (+X p.p.) and Brazil (+X p.p.) significantly strengthened its position in terms of the global exports, while Thailand and China saw its share reduced by -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, tilapias exports contracted by an average annual rate of -X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Indonesia (-X% per year) and the Netherlands (+X% per year).

Export Prices by Country

The average tilapias export price stood at $X per ton in 2021, picking up by X% against the previous year. In general, the export price, however, continues to indicate a mild shrinkage. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Honduras ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+X%), while the other global leaders experienced mixed trends in the export price figures.

Tilapias Imports

Imports

In 2021, overseas purchases of tilapias increased by X% to X tons, rising for the second consecutive year after four years of decline. The total import volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, global imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, tilapias imports soared to $X in 2021. In general, imports, however, recorded a mild reduction. Over the period under review, global imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) represented the major importer of tilapias, making up X% of total imports. Mexico (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Cote d'Ivoire (X%). Israel (X tons), Costa Rica (X tons), Saudi Arabia (X tons), Colombia (X tons), the Netherlands (X tons), Canada (X tons), Zambia (X tons) and the Dominican Republic (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to tilapias imports into the United States stood at -X%. At the same time, the Dominican Republic (+X%), Colombia (+X%), Mexico (+X%), Costa Rica (+X%), the Netherlands (+X%), Israel (+X%), Cote d'Ivoire (+X%) and Zambia (+X%) displayed positive paces of growth. Moreover, the Dominican Republic emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2012-2021. Canada experienced a relatively flat trend pattern. By contrast, Saudi Arabia (-X%) illustrated a downward trend over the same period. While the share of Mexico (+X p.p.) and Colombia (+X p.p.) increased significantly in terms of the global imports from 2012-2021, the share of the United States (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported tilapias worldwide, comprising X% of global imports. The second position in the ranking was held by Mexico ($X), with a X% share of global imports. It was followed by Israel, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States stood at -X%. The remaining importing countries recorded the following average annual rates of imports growth: Mexico (+X% per year) and Israel (+X% per year).

Import Prices by Country

The average tilapias import price stood at $X per ton in 2021, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a perceptible setback. Global import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Israel ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+X%), while the other global leaders experienced mixed trends in the import price figures.

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