Southern Asia: Tilapias Market 2022

Tilapias Market Size in Southern Asia

For the third year in a row, the South Asian tilapias market recorded growth in sales value, which increased by X% to $X in 2021. In general, consumption continues to indicate notable growth. The level of consumption peaked in 2021 and is likely to see steady growth in the near future.

Tilapias Production in Southern Asia

In value terms, tilapias production expanded modestly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Tilapias Exports

Exports in Southern Asia

Tilapias exports fell to X tons in 2021, which is down by -X% on the previous year's figure. In general, exports saw a perceptible downturn. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of export peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, tilapias exports shrank to $X in 2021. Over the period under review, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

India dominates exports structure, finishing at X tons, which was approx. X% of total exports in 2021. Bangladesh (X tons) took a little share of total exports.

India was also the fastest-growing in terms of the tilapias exports, with a CAGR of -X% from 2012 to 2021. Bangladesh (-X%) illustrated a downward trend over the same period. India (+X p.p.) significantly strengthened its position in terms of the total exports, while Bangladesh saw its share reduced by -X% from 2012 to 2021, respectively.

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

From 2012 to 2021, the average annual rate of growth in terms of value in India totaled -X%.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, reducing by -X% against the previous year. Over the period under review, the export price showed a perceptible reduction. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably countryorigin: the country with the highest price was Bangladesh ($X per ton), while India stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-X%).

Tilapias Imports

Imports in Southern Asia

In 2021, purchases abroad of tilapias increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, tilapias imports soared to $X in 2021. Overall, imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. The level of import peaked in 2021 and is likely to see gradual growth in years to come.

Imports by Country

India represented the largest importing country with an import of about X tons, which accounted for X% of total imports. Maldives (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Afghanistan (X%).

Imports into India increased at an average annual rate of +X% from 2012 to 2021. At the same time, Maldives (+X%) and Afghanistan (+X%) displayed positive paces of growth. Moreover, Maldives emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +X% from 2012-2021. While the share of Maldives (+X p.p.) and Afghanistan (+X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of India (-X p.p.) displayed negative dynamics.

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

From 2012 to 2021, the average annual growth rate of value in India amounted to +X%. In the other countries, the average annual rates were as follows: Maldives (+X% per year) and Afghanistan (+X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, growing by X% against the previous year. Import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was India ($X per ton), while Maldives ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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