Report Update Nov 1, 2024

Singapore - Frozen Tilapias - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Frozen Tilapias Market 2022

Frozen Tilapias Market Size in Singapore

In 2020, after three years of growth, there was significant decline in the Singaporean frozen tilapias market, when its value decreased by -X% to $X. Overall, consumption, however, continues to indicate a significant increase. The pace of growth appeared the most rapid in 2015 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level at $X in 2019, and then reduced rapidly in the following year.

Frozen Tilapias Exports

Exports from Singapore

After two years of growth, shipments abroad of frozen tilapias decreased by -X% to X tons in 2020. Overall, exports faced a sharp shrinkage. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum at X tons in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

In value terms, frozen tilapias exports shrank remarkably to $X in 2020. Over the period under review, exports showed a sharp slump. The pace of growth was the most pronounced in 2019 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

Exports by Country

Indonesia (X tons) was the main destination for frozen tilapias exports from Singapore, accounting for a X% share of total exports. Moreover, frozen tilapias exports to Indonesia exceeded the volume sent to the second major destination, Saudi Arabia (X tons), twofold. The third position in this ranking was occupied by South Korea (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Indonesia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+X% per year) and South Korea (+X% per year).

In value terms, the largest markets for frozen tilapias exported from Singapore were Saudi Arabia ($X), Indonesia ($X) and South Korea ($X), together accounting for X% of total exports.

Among the main countries of destination, Saudi Arabia recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average frozen tilapias export price stood at $X per ton in 2020, with a decrease of -X% against the previous year. Overall, the export price, however, saw a pronounced expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Indonesia ($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 Saudi Arabia, while the prices for the other major destinations experienced a decline.

Frozen Tilapias Imports

Imports into Singapore

After two years of growth, supplies from abroad of frozen tilapias decreased by -X% to X tons in 2020. Over the period under review, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. Imports peaked at X tons in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, frozen tilapias imports shrank sharply to $X in 2020. Overall, imports showed a noticeable curtailment. The growth pace was the most rapid in 2019 when imports increased by X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Malaysia (X tons) and South Africa (X tons) were the main suppliers of frozen tilapias imports to Singapore, together accounting for X% of total imports. Japan and Vietnam lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (+X% per year), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest frozen tilapias suppliers to Singapore were Malaysia ($X), China ($X) and Japan ($X), with a combined X% share of total imports.

Japan saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen tilapias import price stood at $X per ton in 2020, falling by -X% against the previous year. Overall, the import price, however, showed a temperate expansion. The pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. As a result, import price attained the peak level of $X per ton. from 2018 to 2020, the growth in terms of the average import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen tilapias in the world?

The countries with the highest volumes of frozen tilapias consumption in 2020 were China, the U.S. and Cote d'Ivoire, with a combined 54% share of global consumption. Mexico, Thailand, Kenya, Saudi Arabia, Ghana, France, South Africa and the UK lagged somewhat behind, together comprising a further 27%.

What are the largest producers of frozen tilapias in the world?

The country with the largest volume of frozen tilapias production was China, accounting for 82% of total volume. Moreover, frozen tilapias production in China exceeded the figures recorded by the second-largest producer, Thailand, tenfold. The third position in this ranking was occupied by Vietnam, with a 5.9% share.

What are the leading suppliers of frozen tilapias to Singapore?

In value terms, Malaysia, China and Japan constituted the largest frozen tilapias suppliers to Singapore, together accounting for 90% of total imports.

What are the leading importers of frozen tilapias from Singapore?

In value terms, Saudi Arabia, Indonesia and South Korea constituted the largest markets for frozen tilapias exported from Singapore worldwide, together comprising 92% of total exports.

What is the average export price for frozen tilapias in Singapore?

In 2020, the average frozen tilapias export price amounted to $767 per ton, shrinking by -25.3% against the previous year.

What is the average import price for frozen tilapias in Singapore?

In 2020, the average frozen tilapias import price amounted to $1,216 per ton, with a decrease of -20.9% against the previous year.

This report provides an in-depth analysis of the frozen tilapias market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Country coverage:

Singapore

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Singapore
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023