Frozen Tilapia Fillets Price in France - 2023
Contents:
- Frozen Tilapia Fillets Price in France (CIF) - 2022
- Frozen Tilapia Fillets Price in France (FOB) - 2022
- Frozen Tilapia Fillets Imports in France
- Frozen Tilapia Fillets Exports in France
Frozen Tilapia Fillets Price in France (CIF) - 2022
In 2022, the average frozen tilapia fillets import price amounted to $6,429 per ton, surging by 29% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($10,806 per ton), while the price for China ($5,480 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Tilapia Fillets Price in France (FOB) - 2022
In 2022, the average frozen tilapia fillets export price amounted to $7,400 per ton, growing by 8.5% against the previous year. In general, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen tilapia fillets export price increased by +79.9% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 59%. The export price peaked at $9,708 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($7,539 per ton), while the average price for exports to Luxembourg totaled $7,366 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Tilapia Fillets Imports in France
In 2022, the amount of frozen tilapia fillets imported into France rose rapidly to 95 tons, with an increase of 5.9% on 2021 figures. The total import volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 11% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, frozen tilapia fillets imports skyrocketed to $610K in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Frozen Tilapia Fillets in France (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 201 | 134 | 135 | 234 | 5.2% |
Belgium | 18.0 | 165 | 136 | 203 | 124.3% |
Germany | 27.4 | 49.7 | 59.8 | 89.5 | 48.4% |
Vietnam | 87.0 | 27.7 | 48.1 | 81.1 | -2.3% |
Others | 49.9 | 27.3 | 66.0 | 1.5 | -68.9% |
Total | 383 | 404 | 445 | 610 | 16.8% |
Top Suppliers of Frozen Tilapia Fillets to France in 2022:
- China (42.7 tons)
- Belgium (29.9 tons)
- Vietnam (13.7 tons)
- Germany (8.3 tons)
Frozen Tilapia Fillets Exports in France
For the fourth consecutive year, France recorded growth in shipments abroad of frozen tilapia fillets, which increased by 185% to 598 kg in 2022. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen tilapia fillets exports surged to $4.4K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Frozen Tilapia Fillets in France (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Luxembourg | 641 | 633 | 1,148 | 3,548 | 76.9% |
Belgium | 47.0 | 352 | 284 | 877 | 165.2% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 688 | 985 | 1,432 | 4,425 | 86.0% |
Top Export Markets for Frozen Tilapia Fillets from France in 2022:
- Luxembourg (482.0 kg)
- Belgium (116.0 kg)
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In January 2023, the frozen fish meat price in France amounted to $3,374 per ton (CIF, France), falling by -15.7% against the previous month. Frozen fish meat imports to France decreased by -45.7% to 1.5K tons, falling for the third consecutive month after two months of growth. The United States, Russia, and Chile were the main suppliers of frozen fish meat imports to France, together comprising 88% of total imports.
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