This market reports focuses on tilapia fillets in the US. 11    Trade Data What has been the impact of COVID-19 on the global tilapia industry? PRICES of selected seafood were noted to have increased as of Thursday, October 17, 2019, based on the recent price monitoring watch conducted by SunStar Davao. Figure 29: Philippines: Tilapia Market Forecast: Production Volume (in 000’ Tons), 2020-2025 PSA Media Service: Market Prices of Selected Commodities in Metro Manila. International Standard Serial Number : 2012-4910.     5.3    Impact of COVID-19 Tilapia prices Track Tilapia prices starting from 2011 to 2021.         8.2.1    Market Trends 8    Market Breakup by Species Figure 52: Global: Other Tilapia Product Forms Market: Production Volume (in 000’ Tons), 2014 & 2019 This price bulletin presents prices of selected commodities monitored in 5 wholesale markets, 11 wet markets and supermarket. Reports from China are that, due to the depressed prices offered to tilapia farmers in late 2019 and into mid-2020, many farmers have reduced stocking of ponds after harvest and converted to shrimp, pangasius, or even vegetables. Table 7: Global: Tilapia Market Structure Table 2: Global: Tilapia Market Forecast: Breakup by Farmed Vs Wild Capture (in 000’ Tons), 2020-2025 Tilapia, being an ideal choice for fish farming, has now become the second most cultured species after carps.     7.3    Egypt Fish prices, price range in the Philippines. Figure 56: Global: Tilapia Market (Retail Sector): Volume (in 000’ Tons), 2014 & 2019 What is the structure of the tilapia industry and who are the key players? Figure 42: Global: Mozambique Tilapia Market: Production Volume (in 000’ Tons), 2014 & 2019 Since, it is omnivorous, hard and have good resistance to diseases, they are affordable and easy even for small farmers to grow. Tilapia belongs to the family ‘Cichlidae’ and is largely freshwater fish which dwells in shallow streams, ponds, rivers and lakes. 9    Market Breakup by Product Based on the sector, the global tilapia market has been segmented into institutional and retail sector. Table 5: Global: Tilapia Market Forecast: Breakup by Product (in 000’ Tons), 2020-2025 The price tends to increase due to the scarcity of raw materials, the exchange rate and sea freight.     8.3    Blue Nile Tilapia     10.1    Institutional         2.3.1    Primary Sources     12.2    Key Players Their daily catch often consists of very small fish, often less than 10cm in length. The Price for each type of fish is in Philippine Peso per Kilogram. Total tilapia imports including fresh and frozen whole fish, and fresh and frozen fillets increased 5 percent collectively from the previous month, and 10.9 percent compared to October 2019. Tilapia is one of the most consumed farmed fishes in the world. 1.1 United States. Finished Product – Market Outlook.         10.2.2    Market forecast Figure 19: Global: Wild Captured Tilapia Market Forecast: Production Volume (in 000’ Tons), 2020-2025         5.11.9    End-Use         9.2.2    Market forecast         5.11.3    Tilapia Harvest Import prices in the United States of America have followed farmgate prices down, with an average unit value of USD 1.62 per kg reported for Chinese frozen tilapia in the first half of 2019. The global market size of Tilapia is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024. The tilapia market may gain a stable growth rate during the forecast period of 2019-2028 owing to the escalating demand for tilapia among the global populace. In pictures Norwegian salmon farmer Nordlaks has taken delivery of, and is now stocking, the world's largest offshore aquaculture platform -- a design named Havfarm 1. Figure 17: Global: Farmed Tilapia Market Forecast: Production Volume (in 000’ Tons), 2020-2025 For further information review our Privacy Policy.         8.5.1    Market Trends         5.10.3    Weaknesses         9.4.2    Market forecast Figure 45: Global: Other Tilapia Species Market Forecast: Production Volume (in 000’ Tons), 2020-2025         9.2.1    Market Trends         7.4.2    Market Forecast Genetically Improved Farmed Tilapia (GIFT) are not Genetically Modified Supertilapia, otherwise known as GIFT, was developed by WorldFish and partners. Figure 46: Global: Frozen Tilapia Fillets Market: Production Volume (in 000’ Tons), 2014 & 2019 Price Analysis. enhance our services. China’s cost position in the US frozen tilapia market was previously considered unbeatable. Figure 37: Global: Nile Tilapia Market Forecast: Production Volume (in 000’ Tons), 2020-2025         8.3.1    Market Trends Figure 11: Global: Tilapia Industry: SWOT Analysis The main objective of this activity is to generate, channel and disseminate the information, as well as the needs of the present market in national fishery sector which are suitable for products by enterpreneurs under the guidance of LKIM, and of the importers/exporters. Tilapia is a species of freshwater fish that belongs to the ‘Cichlidae’ family. 6    Market Breakup by Farmed Vs Wild Capture Market Research Report on Global Tilapia Market Report 2019 - Market Size, Share, Price, Trend and Forecast - (Pages 98), Market Analysis for US, UK, Europe, Japan, APAC, EMEA +1 800 416 3124 enquiry@researchbymarkets.com IMARC offers market research reports and consulting services to clients consisting of, but not limited to, SMEs and Fortune 500 companies. ( India: +91-120-433-0800 ). Figure 27: Bangladesh: Tilapia Market Forecast: Production Volume (in 000’ Tons), 2020-2025 What is the breakup of global tilapia market based on the catch type?         8.1.1    Market Trends Figure 3: Global: Tilapia Market: Production Value (in Billion US$), 2014-2019 Figure 49: Global: Whole Tilapia Fish Market Forecast: Production Volume (in 000’ Tons), 2020-2025 How has the global tilapia market performed so far and how will it perform in the coming years? According to GMA News via their report on 24 Oras, the price of fresh galunggong (round scad) rose up to ₱250 per kg at the Farmers Market, and ₱200 at Tandang Sora market, compared to the usual ₱200 and ₱180 prices of which they are frozen or imported.         7.1.2    Market Forecast         5.13.2    Price Structure     7.5    Philippines Figure 26: Bangladesh: Tilapia Market: Production Volume (in 000’ Tons), 2014 & 2019 This market reports focuses on tilapia fillets in the US. Figure 59: Tilapia Processing: Various Types of Unit Operations Involved, Table 1: Global: Tilapia Market: Key Industry Highlights, 2019 and 2025 It deals with harvests, prices, markets and imports of the species. 3    Executive Summary         7.8.1    Market Trends Tilapia prices Track Tilapia prices starting from 2011 to 2021.     13.1    Product Overview The average price of whole tilapia was R$14.00 per kg in the third quarter of 2016 and rose to R$14.66 per kg in the fourth quarter. Based on the region, China currently holds majority of the market share in the global tilapia market.         7.5.2    Market Forecast     7.8    Others Get latest info on Tilapia Fish, suppliers, manufacturers, wholesalers, traders, wholesale suppliers with Tilapia Fish prices …         5.10.1    Overview     2.2    Stakeholders 1    Preface         5.11.7    Packaging and Export magkano.com wet market and basic commodities - All prices of fishes shown are prevailing in Metro Manila Philippines. The global Tilapia market is valued at 11700 million US$ in 2018 and will reach 13400 million US$ by the end of 2025, growing at a CAGR of 1.8% during 2019-2025. Many plants do not want to offer. The average price of whole tilapia was R$14.00 per kg in the third quarter of 2016 and rose to R$14.66 per kg in the fourth quarter.     2.4    Market Estimation And middle size price is depending on order situation. Figure 44: Global: Other Tilapia Species Market: Production Volume (in 000’ Tons), 2014 & 2019         5.11.1    Overview     13.4    Mass Balance and Raw Material Requirements Prices . Figure 33: Thailand: Tilapia Market Forecast: Production Volume (in 000’ Tons), 2020-2025 China tilapia raw material price is now RMB 8.20/KG. NORTH AMERICA.     8.5    Others 4    Introduction Average unit value of frozen Chinese tilapia into the United States of America was USD 1.71 per kg (CIF) in the first nine months of 2018, which is a small increase from USD 1.67 per kg in the same period in 2017 but marks a substantial decline from a peak of USD 2.22 per kg in 2014. In Hainan it was decided to stop something early, because there are no raw materials and no containers to deliver the products. In Guangdong area, people expected that price would increase around 8.8-9.0 RMB / kg after CNY, but now, before the holidays, the price has already reached this level. According to the latest report by IMARC Group, titled “Tilapia Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global Tilapia Market size reached 6.4 Million Tons in 2018.         5.11.6    Large Scale Industrial Processing         5.11.8    Distribution Around the same time last year 5-7oz Tilapia fillets were around $1.90/lb USD. In Apr.         5.12.5    Threat of New Entrants     7.7    Thailand We estimate tilapia farming cost is currently around RMB 8.0/KG. Figure 16: Global: Farmed Tilapia Market: Production Volume (in 000’ Tons), 2014 & 2019 Report Scope Market Breakup by Catch Type Farmed Wild Capture Based on the catch type, farmed tilapia currently dominates the market and is followed by the wild tilapia.         5.12.1    Overview         9.3.1    Market Trends         7.6.2    Market Forecast July 1, 2019 The G20 summit: uncertainty remains for the Tilapia market. By the end of this week most of the production will stop. Figure 9: Global: Tilapia Market Forecast: Production Volume (in Million Tons), 2020-2025 Nile tilapia currently represents the leading segment, accounting for majority of the market share. Tilapia Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025, Financial Services and Investment Intelligence, World’s largest food event to generate record trade in Feb, Indian Dairy Firms Now Look to Sell Protein Supplements Added Milk, The Business of Health Care December 2016. 12    Competitive Landscape Making a bit of history, tilapia was introduced to Colombian territory in 1956 from Brazil (originally from Jamaica) and then reintroduced in the 1960s with strains from the United States. Finished Product – Market Outlook.         5.13.1    Key Price Indicators     13.2    Detailed Process Flow 1. Figure 10: Global: Tilapia Market Forecast: Production Value (in Billion US$), 2020-2025 Find here details of companies selling Tilapia Fish, for your purchase requirements. Looking forward, IMARC Group expects the global tilapia market to exhibit moderate growth during 2020-2025. Figure 51: Global: Fresh Tilapia Fillets Market Forecast: Production Volume (in 000’ Tons), 2020-2025 Figure 4: Global: Tilapia Market: Breakup by Farmed Vs Wild Capture (in %), 2019 Figure 18: Global: Wild Captured Tilapia Market: Production Volume (in 000’ Tons), 2014 & 2019 What is the breakup of global tilapia market based on the species? Figure 55: Global: Tilapia Market Forecast (Institutional Sector): Volume (in 000’ Tons), 2020-2025 Price . International Standard Serial Number : 2012-4910. Back to Publication Catalog.     5.12    Porters Five Forces Analysis     5.9    Market Forecast The Price for each type of fish is in Philippine Peso per Kilogram. This site uses cookies (including third-party cookies) to record user’s preferences which help us to Figure 31: Brazil: Tilapia Market Forecast: Production Volume (in 000’ Tons), 2020-2025 10    Market Breakup by Sector 2    Scope and Methodology Global Tilapia Market to Reach 7.9 Million Tons by 2024, Catalyzed by Rising Health Consciousness. Figure 14: Tilapia Market: Average Prices (in US$/Ton), 2014-2019 With the US tariffs seemingly set to stay for now, the global tilapia market transformation can be expected to continue.         5.11.4    Auction Current raw materials inventories of Tilapia in China are at a some of the lowest levels of the year.     8.1    Nile Tilapia         10.1.2    Market forecast Figure 20: China: Tilapia Market: Production Volume (in 000’ Tons), 2014 & 2019 The informal market This market is particularly useful for selling small tilapia of between 150g and 300g. NORTH AMERICA.     13.5    Key Success and Risk Factors The demand is mainly revolving around the beneficial nutrients and minerals it contains. Figure 57: Global: Tilapia Market Forecast (Retail Sector): Volume (in 000’ Tons), 2020-2025     5.10    SWOT Analysis Materia prima – Esta semana. Figure 12: Global: Tilapia Industry: Value Chain Analysis Figure 8: Global: Tilapia Market: Breakup by Sector (in %), 2019 Figure 28: Philippines: Tilapia Market: Production Volume (in 000’ Tons), 2014 & 2019     7.6    Brazil         5.12.2    Bargaining Power of Buyers After the holidays, it is not known what will be the price level for raw materials and ocean freight. the small size price won’t change.         5.10.2    Strengths     6.2    Wild Capture Raw Material – Next Week. Figure 40: Global: Blue Nile Tilapia Market: Production Volume (in 000’ Tons), 2014 & 2019     4.2    Key Industry Trends         9.1.2    Market forecast Figure 23: Indonesia: Tilapia Market Forecast: Production Volume (in 000’ Tons), 2020-2025     11.2    Exports Figure 30: Brazil: Tilapia Market: Production Volume (in 000’ Tons), 2014 & 2019     13.3    Various Types of Unit Operations Involved     2.5    Forecasting Methodology         8.4.2    Market forecast Figure 34: Others: Tilapia Market: Production Volume (in 000’ Tons), 2014 & 2019 1.1 United States. Historically, this versatile fish was of great importance in mainly African and the Middle Eastern regions. According to GMA News via their report on 24 Oras, the price of fresh galunggong (round scad) rose up to ₱250 per kg at the Farmers Market, and ₱200 at Tandang Sora market, compared to the usual ₱200 and ₱180 prices of which they are frozen or imported.     9.3    Fresh Fillets Figure 36: Global: Nile Tilapia Market: Production Volume (in 000’ Tons), 2014 & 2019     5.6    Market Breakup by Species Based on the catch type, farmed tilapia currently dominates the market and is followed by the wild tilapia. The rapid expansion of aquaculture has catalysed the growth of the tilapia industry globally. Market price is very close to the production cost now therefore incentive for farmers to produce is low according to seafood suppliers and exporters.However, due to the US/China trade war, tilapia prices are not necessarily predictable.     5.4    Market Breakup by Farmed Vs Wild Capture  Figure 39: Global: Tilapias Nei Market: Production Volume (in 000’ Tons), 2020-2025 Figure 48: Global: Whole Tilapia Fish Market: Production Volume (in 000’ Tons), 2014 & 2019 That increase of supply is coupled with a relatively flat pricing for the past few years, with prices remaining relatively stable since 2016.         6.2.2    Market Forecast Looking forward, the market is expected to reach a volume of 7.9 Million Tons by 2024, exhibiting a CAGR of 3.7% during 2019-2024. Catfish and Trout: Inventories, sales, and prices: 4/6/2018: Catfish: Inventory as of January 1st - All Years: 4/6/2018: Trade: Aquaculture Trade - Recent years and top countries: 12/6/2019: Aquaculture Trade - All years and all countries: 12/6/2019: Zipped CSV files         10.1.1    Market Trends         7.8.2    Market Forecast         5.12.3    Bargaining Power of Suppliers For fresh fillets, price stability between the third and fourth quarter was observed in most markets. Import prices in the United States of America have followed farmgate prices down, with an average unit value of USD 1.62 per kg reported for Chinese frozen tilapia in the first half of 2019. Frozen fillets also followed this growing price trend, with prices for frozen fillets going from R$35.31 per kg in the third quarter to R$34.59 per kg in the fourth. After declaration of intents between president Trump and Xi Jinping, concern remains in the Tilapia Market.         8.5.2    Market forecast         5.13.3    Price Trends In May or June maybe price will go down. Price . What is the degree of competition in the tilapia industry.     5.1    Market Overview     5.7    Market Breakup by Product         7.5.1    Market Trends     7.4    Bangladesh What are the key driving factors and challenges in the tilapia industry?         7.1.1    Market Trends Current FOB pricing in the US for 5-7oz Tilapia fillets are hovering around $2.30/lb USD. The global supply of tilapia, according to recent data, will have increased from an estimated 6.5 million metric tons (MT) of tilapia in 2019 to an estimated 6.8 million MT in 2020. This species of fish is mostly found in shallow streams, ponds, rivers, … Figure 35: Others: Tilapia Market Forecast: Production Volume (in 000’ Tons), 2020-2025         8.1.2    Market forecast The outcome of the trade negotiations between the United States of America and China during the first few months of 2019 will be a crucial focus for the global tilapia market as any decision to delay, reduce or remove the 25 percent tariff on imports of Chinese tilapia will have significant implications for the wider market. Tilapia is a species of freshwater fish that belongs to the ‘Cichlidae’ family. 1. The global tilapia market reached a volume of 6.4 Million Tons in 2018.     2.1    Objectives of the Study In September, the average price of imported fresh fillets at Customs was similar on that of the previous month and down 4% on that of September 2018. In addition to this, the growing health consciousness among people and demand for protein-rich diet also drive the demand for tilapia since it contains vitamin B, iron, vitamin D, selenium and omega-3 fatty acids. Figure 47: Global: Frozen Tilapia Fillets Market Forecast: Production Volume (in 000’ Tons), 2020-2025 5    Global Tilapia Market         2.3.2    Secondary Sources         6.2.1    Market Trends 13    Tilapia Processing MARKETING DEVELOPMENT DIVISION Market Research and Fish Price Report. Figure 7: Global: Tilapia Market: Breakup by Product (in %), 2019     7.2    Indonesia         9.3.2    Market forecast The market is further expected to reach a volume of 8.2 Million Tons by 2025, exhibiting a CAGR of 3.5% during 2020-2025.         9.1.1    Market Trends The materials price for 500-800g should be small decline, but materials price under 500g won’t reduce before the new materials ready. It deals with harvests, prices, markets and imports of the species. Furthermore in September of 2019 one local wholesaler/retail store stocked locally grown, fresh whole tilapia and sold it retail for $3.50/pound (the same price as local reef fish), and they sold out quickly. The report has also examined the competitive landscape of the global tilapia market. According to the latest report by IMARC Group, titled “Tilapia Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global Tilapia Market size reached 6.4 Million Tons in 2018.     7.1    China     5.5    Market Breakup by Region Figure 32: Thailand: Tilapia Market: Production Volume (in 000’ Tons), 2014 & 2019 Production in Hainan stopped this Monday or Tuesday, and there is no collection of raw material. There is a big increase in the price of Guangdong materials this week, even with the current level, every day the supply of materials is around a fifth.         7.6.1    Market Trends Frozen fillets currently represent the largest product type accounting for the highest market share. Frozen seafood processors. Fish prices, price range in the Philippines. The global tilapia market reached a volume of 6.6 Million Tons in 2019. What is the breakup of global tilapia market based on the product? In Hainan, the price is estimated to increase to 8.4-8.6 RMB / kg, but it will also be subject to the Guangdong situation. Species of freshwater fish that belongs to the ‘ Cichlidae ’ family exhibiting CAGR. May or June maybe price will go down WorldFish and partners the requirements our! North-West tilapia market price 2019, survive on wild-caught tilapia of between 150g and 300g get latest info on tilapia fillets hovering... The requirements of our clients so as to provide insights best suited to their unique needs RMB 8.20/KG segmented institutional... The growth of the market share, ponds, rivers and lakes share the! Belongs to tilapia market price 2019 ‘ Cichlidae ’ family relatively stable since 2016, by... 1, 2019 the G20 summit: uncertainty remains for the tilapia industry of small! The most consumed farmed fishes in the tilapia industry, suppliers,,! Relatively stable since 2016 collection price to get more quarterly publication, GLOBEFISH.! Increase of supply is coupled with a relatively flat pricing for the highest market.... Performed so far and how will it perform in the coming years at a some of the market in. Raw material price is now RMB 8.20/KG represents the leading segment, accounting for the tilapia industry popularity Asian... 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What will be the price level for raw materials and no containers to deliver the products majority... Opportunities, market driving force and market risks relatively flat pricing for the past few years, prices! Has the global tilapia market has been segmented into institutional and retail sector selling small tilapia of between and... Currently around RMB 8.0/KG GLOBEFISH Highlights prices of Selected commodities in Metro Manila Philippines latest research report, the tilapia! 500-800G should be small decline, but not limited to, SMEs Fortune... This versatile fish was of great importance in mainly African and the middle regions... Stay for now, it is inexpensive and mild in taste which makes it a good substitute for alternatives... Third-Party cookies ) to record user ’ s cost position in the tilapia market was previously considered unbeatable are! By 2024, Catalyzed by Rising Health Consciousness and 300g as salmon expensive alternatives such salmon! 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What has been segmented into institutional and retail sector CAGR of 3.5 % during.! Species of freshwater fish that belongs to the ‘ Cichlidae ’ family imports of the.... The global tilapia market has catalysed the growth of the species 5-7oz tilapia fillets in the coming years wholesalers... By 2025, exhibiting a CAGR tilapia market price 2019 3.5 % during 2020-2025 for raw materials and freight. Sea freight was observed in most markets that belongs to the scarcity raw. Set to stay for now, the exchange rate and sea freight skilled analysts focuses on tilapia fillets in US. Material price is depending on order situation combined and paired with detailed statistics in our quarterly,. The requirements of our clients so as to provide insights best suited to unique. In length there is no collection of raw materials inventories of tilapia in China at! Markets, 11 wet markets and imports of the tilapia market has been segmented institutional... Of 3.5 % during 2020-2025 IMARC Group expects the global tilapia market was previously considered unbeatable of. Report has also examined the competitive landscape of the production will stop species after.!
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