Frozen Tilapia Fillets Price in Israel - 2023
Contents:
Frozen Tilapia Fillets Price in Israel (CIF) - 2022
In 2022, the average frozen tilapia fillets import price amounted to $4,955 per ton, growing by 11% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.1% 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 import price increased by +8.2% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 74%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($4,995 per ton), while the price for Hong Kong SAR amounted to $4,244 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.2%).
Frozen Tilapia Fillets Imports in Israel
In 2022, imports of frozen tilapia fillets into Israel skyrocketed to 21K tons, with an increase of 61% on the previous year. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +5.1% 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 +64.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen tilapia fillets imports surged to $104M in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Tilapia Fillets in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 56.2 | 40.7 | 57.9 | 99.0 | 20.8% |
| Hong Kong SAR | 1.6 | 6.3 | 0.2 | 4.5 | 41.2% |
| Others | 0.1 | 0.4 | 0.2 | 0.3 | 44.2% |
| Total | 57.9 | 47.4 | 58.3 | 104 | 21.6% |
Top Suppliers of Frozen Tilapia Fillets to Israel in 2022:
- China (19.8K tons)
- Hong Kong SAR (1.1K tons)
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