Eastern Asia: Tilapias Market 2022

Tilapias Market Size in Eastern Asia

The East Asian tilapias market amounted to $X in 2021, surging by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Tilapias Production in Eastern Asia

In value terms, tilapias production rose modestly to $X in 2021 estimated in export price. Overall, production recorded a slight reduction. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Tilapias Exports

Exports in Eastern Asia

For the fifth consecutive year, Eastern Asia recorded decline in overseas shipments of tilapias, which decreased by -X% to X tons in 2021. In general, exports saw a abrupt decrease. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, tilapias exports dropped slightly to $X in 2021. Overall, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the 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

The biggest shipments were from China (X tons), together resulting at X% of total export.

China was also the fastest-growing in terms of the tilapias exports, with a CAGR of -X% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest tilapias supplier in Eastern Asia.

From 2012 to 2021, the average annual growth rate of value in China amounted to -X%.

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -X% per year.

Tilapias Imports

Imports in Eastern Asia

Tilapias imports shrank to X tons in 2021, waning by -X% compared with 2020 figures. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, tilapias imports declined modestly to $X in 2021. In general, imports continue to indicate a noticeable setback. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

South Korea represented the major importer of tilapias in Eastern Asia, with the volume of imports amounting to X tons, which was near X% of total imports in 2021. Taiwan (Chinese) (X tons) took the second position in the ranking, followed by Hong Kong SAR (X tons), Japan (X tons) and China (X tons). All these countries together took near X% share of total imports. Macao SAR (X tons) held a little share of total imports.

From 2012 to 2021, the biggest increases were in Macao SAR (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Hong Kong SAR ($X) and Taiwan (Chinese) ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for X% of total imports. Japan, China and Macao SAR lagged somewhat behind, together comprising a further X SAR, with a CAGR of +X%, saw the highest growth rate of 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

In 2021, the import price in Eastern Asia amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, recorded a pronounced decrease. The growth pace was the most rapid in 2018 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Hong Kong SAR ($X per ton), while China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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