Italy: Frozen Tilapias Market 2022

Frozen Tilapias Market Size in Italy

In 2020, after two years of growth, there was significant decline in the Italian frozen tilapias market, when its value decreased by -X% to $X. In general, the total consumption indicated a moderate expansion from 2007 to 2020: its value 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, consumption increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Frozen Tilapias Exports

Exports from Italy

In 2020, exports of frozen tilapias from Italy skyrocketed to X tons, jumping by X% against 2019 figures. In general, exports saw a significant increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, frozen tilapias exports surged to $X in 2020. Overall, exports showed significant growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Vietnam (X tons), France (X tons) and Spain (X tons) were the main destinations of frozen tilapias exports from Italy, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Spain (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) emerged as the key foreign market for frozen tilapias exports from Italy, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Vietnam was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Spain (+X% per year).

Export Prices by Country

The average frozen tilapias export price stood at $X per ton in 2020, reducing by -X% against the previous year. Over the period under review, export price indicated a mild expansion from 2007 to 2020: its price 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, frozen tilapias export price increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2018 an increase of X% year-to-year. The export price peaked at $X per ton in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Israel ($X per ton), while the average price for exports to Malta ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Tilapias Imports

Imports into Italy

In 2020, the amount of frozen tilapias imported into Italy fell to X tons, dropping by -X% against the previous year's figure. Over the period under review, total imports indicated noticeable growth 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 increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, frozen tilapias imports reduced to $X in 2020. In general, total imports indicated a perceptible expansion 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 increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

In 2020, China (X tons) constituted the largest frozen tilapias supplier to Italy, accounting for a X% share of total imports. Moreover, frozen tilapias imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), twofold.

From 2007 to 2020, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+X% per year) and the Netherlands (+X% per year).

In value terms, China ($X) constituted the largest supplier of frozen tilapias to Italy, comprising X% of total imports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

The average frozen tilapias import price stood at $X per ton in 2020, increasing by X% against the previous year. In general, the import price, however, continues to indicate a slight decrease. The pace of growth was the most pronounced in 2018 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was the Netherlands ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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