Frozen Tilapia Fillets Price in Vietnam - 2021
Contents:
- Frozen Tilapia Fillets Price in Vietnam (FOB) - 2022
- Frozen Tilapia Fillets Price in Vietnam (CIF) - 2022
- Frozen Tilapia Fillets Exports in Vietnam
- Frozen Tilapia Fillets Imports in Vietnam
Frozen Tilapia Fillets Price in Vietnam (FOB) - 2022
In 2022, the average frozen tilapia fillets export price amounted to $2,773 per ton, waning by -6.1% against the previous year. In general, the export price recorded a slight descent. The growth pace was the most rapid in 2021 an increase of 18% against the previous year. Over the period under review, the average export prices attained the maximum at $3,555 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +16.3% per year.
Frozen Tilapia Fillets Price in Vietnam (CIF) - 2022
The average frozen tilapia fillets import price stood at $2,964 per ton in 2022, standing approx. at the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 28%. As a result, import price attained the peak level of $3,660 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.9% per year.
Frozen Tilapia Fillets Exports in Vietnam
In 2022, the amount of frozen tilapia fillets exported from Vietnam dropped notably to 938 tons, waning by -15.6% against the previous year's figure. Overall, exports faced a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 45% against the previous year.
In value terms, frozen tilapia fillets exports declined notably to $2.6M in 2022. In general, exports showed a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 71% against the previous year.
| Export of Frozen Tilapia Fillets in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 12.4 | 52.3 | 90.6 | 2,601 | 494.2% |
| Spain | 270 | N/A | N/A | N/A | 0% |
| Peru | 203 | 106 | 114 | N/A | -25.1% |
| United States | 536 | 169 | 511 | N/A | -2.4% |
| Costa Rica | 146 | 56.1 | 28.5 | N/A | -55.8% |
| Taiwan (Chinese) | 135 | 129 | 26.7 | N/A | -55.5% |
| Colombia | 170 | 82.8 | 325 | N/A | 38.3% |
| Italy | 813 | 357 | 597 | N/A | -14.3% |
| Turkey | 462 | 124 | N/A | N/A | -73.2% |
| Others | 1,054 | 844 | 1,589 | N/A | 22.8% |
| Total | 3,802 | 1,920 | 3,283 | 2,601 | -11.9% |
Top Export Markets for Frozen Tilapia Fillets from Vietnam in 2022:
- Switzerland (938.2 tons)
Frozen Tilapia Fillets Imports in Vietnam
In 2022, the amount of frozen tilapia fillets imported into Vietnam expanded rapidly to 50 tons, growing by 7.4% on 2021. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 3,157% against the previous year. As a result, imports attained the peak of 53 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, frozen tilapia fillets imports expanded remarkably to $148K in 2022. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 3,701% against the previous year. As a result, imports reached the peak of $158K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Frozen Tilapia Fillets in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | N/A | N/A | 148 | 0% |
| Indonesia | N/A | N/A | 138 | N/A | 0% |
| United States | 4.2 | 158 | N/A | N/A | 3661.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.2 | 158 | 138 | 148 | 227.8% |
Top Suppliers of Frozen Tilapia Fillets to Vietnam in 2022:
- Brazil (49.9 tons)
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