Southern Asia: Frozen Tilapias Market 2022

Frozen Tilapias Market Size in Southern Asia

The South Asian frozen tilapias market surged to $X in 2020, picking up by X% against the previous year. Overall, consumption continues to indicate mild growth. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. The level of consumption peaked in 2020 and is likely to see steady growth in years to come.

Frozen Tilapias Production in Southern Asia

In value terms, frozen tilapias production shrank to $X in 2020 estimated in export prices. In general, production recorded a slight descent. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Production By Country in Southern Asia

India (X tons) constituted the country with the largest volume of frozen tilapias production, comprising approx. X% of total volume. Moreover, frozen tilapias production in India exceeded the figures recorded by the second-largest producer, Bangladesh (X tons), threefold.

From 2007 to 2020, the average annual rate of growth in terms of volume in India stood at +X%.

Frozen Tilapias Exports

Exports in Southern Asia

In 2020, the amount of frozen tilapias exported in Southern Asia reduced markedly to X tons, with a decrease of -X% against the previous year. In general, exports saw a noticeable decrease. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. The volume of export peaked at X tons in 2015; however, from 2016 to 2020, exports remained at a lower figure.

In value terms, frozen tilapias exports dropped notably to $X in 2020. Over the period under review, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2016; however, from 2017 to 2020, exports remained at a lower figure.

Exports by Country

India prevails in frozen tilapias exports structure, amounting to X tons, which was approx. X% of total exports in 2020. Bangladesh (X tons) and Pakistan (X tons) followed a long way behind the leaders.

Exports from India decreased at an average annual rate of -X% from 2007 to 2020. At the same time, Pakistan (+X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +X% from 2007-2020. By contrast, Bangladesh (-X%) illustrated a downward trend over the same period. While the share of India (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Bangladesh (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest frozen tilapias supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value in India totaled -X%. In the other countries, the average annual rates were as follows: Bangladesh (-X% per year) and Pakistan (+X% per year).

Export Prices by Country

The frozen tilapias export price in Southern Asia stood at $X per ton in 2020, with a decrease of -X% against the previous year. In general, the export price recorded a perceptible setback. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. Over the period under review, export prices attained the maximum at $X per ton in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Bangladesh ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced a decline in the export price figures.

Frozen Tilapias Imports

Imports in Southern Asia

In 2020, frozen tilapias imports in Southern Asia skyrocketed to X tons, with an increase of X% against 2019 figures. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, frozen tilapias imports soared to $X in 2020. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. The level of import peaked in 2020 and is likely to see steady growth in years to come.

Imports by Country

India dominates frozen tilapias imports structure, resulting at X tons, which was approx. X% of total imports in 2020. Bhutan (X tons) followed a long way behind the leaders.

India was also the fastest-growing in terms of the frozen tilapias imports, with a CAGR of +X% from 2007 to 2020. Bhutan experienced a relatively flat trend pattern. From 2007 to 2020, the share of India increased by +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported frozen tilapias in Southern Asia, comprising X% of total imports. The second position in the ranking was occupied by Bhutan ($X), with a X% share of total imports.

In India, frozen tilapias imports expanded at an average annual rate of +X% over the period from 2007-2020.

Import Prices by Country

The frozen tilapias import price in Southern Asia stood at $X per ton in 2020, shrinking by -X% against the previous year. Overall, the import price recorded a abrupt decline. The pace of growth appeared the most rapid in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major importing countries. In 2020, the country with the highest price was India ($X per ton), while Bhutan amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India.

Source: IndexBox Platform

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