Hong Kong SAR, China - Frozen Tilapias - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Tilapias Price in Hong Kong SAR - 2023
Contents:
- Frozen Tilapias Price in Hong Kong SAR (CIF) - 2022
- Frozen Tilapias Price in Hong Kong SAR (FOB) - 2022
- Frozen Tilapias Imports in Hong Kong SAR
- Frozen Tilapias Exports in Hong Kong SAR
Frozen Tilapias Price in Hong Kong SAR (CIF) - 2022
In 2022, the average frozen tilapias import price amounted to $1,356 per ton, which is down by -28.6% against the previous year. In general, the import price recorded a slight downturn. The most prominent rate of growth was recorded in 2021 an increase of 70%. The import price peaked at $2,435 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 Japan ($1,948 per ton), while the price for Singapore ($187 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+6.9%), while the prices for the other major suppliers experienced a decline.
Frozen Tilapias Price in Hong Kong SAR (FOB) - 2022
The average frozen tilapias export price stood at $1,317 per ton in 2022, jumping by 21% against the previous year. In general, the export price, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2015 an increase of 43%. Over the period under review, the average export prices hit record highs at $3,177 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,250 per ton), while the average price for exports to Mexico amounted to $890 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+34.0%), while the prices for the other major destinations experienced mixed trend patterns.
Frozen Tilapias Imports in Hong Kong SAR
In 2022, after two years of decline, there was significant growth in purchases abroad of frozen tilapias, when their volume increased by 16% to 36 tons. Over the period under review, imports, however, faced a abrupt decline.
In value terms, frozen tilapias imports plummeted to $48K in 2022. In general, imports, however, faced a sharp descent. The growth pace was the most rapid in 2021 when imports increased by 53%.
Import of Frozen Tilapias in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 84.1 | 22.8 | 35.8 | 28.1 | -30.6% |
Thailand | 24.1 | 7.6 | 13.4 | 12.6 | -19.4% |
China | 24.7 | 3.6 | 1.0 | 3.0 | -50.5% |
Taiwan (Chinese) | 10.9 | 2.0 | 2.9 | 2.6 | -38.0% |
Vietnam | 0.3 | 0.2 | 1.3 | 1.0 | 49.4% |
United States | 4.1 | 0.9 | 1.2 | 0.8 | -42.0% |
South Africa | N/A | 0.9 | N/A | N/A | 0% |
Others | 3.6 | 0.3 | 2.8 | 0.2 | -61.8% |
Total | 152 | 38.2 | 58.4 | 48.3 | -31.8% |
Top Suppliers of Frozen Tilapias to Hong Kong SAR in 2022:
- Japan (14.4 tons)
- Thailand (7.0 tons)
- China (6.9 tons)
- United States (3.3 tons)
- Taiwan (Chinese) (2.2 tons)
- Vietnam (1.1 tons)
Frozen Tilapias Exports in Hong Kong SAR
Frozen tilapias exports from Hong Kong SAR dropped to 75 tons in 2022, which is down by -12.6% compared with 2021. Overall, exports showed a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, the exports reached the peak of 86 tons, and then dropped in the following year.
In value terms, frozen tilapias exports rose remarkably to $99K in 2022. In general, exports showed a abrupt downturn.
Export of Frozen Tilapias in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 17.3 | 15.8 | 14.2 | 48.7 | 41.2% |
Mexico | 14.8 | 14.1 | 13.1 | 46.8 | 46.8% |
Mozambique | 7.1 | N/A | N/A | N/A | 0% |
Rwanda | 116 | N/A | 14.5 | N/A | -64.6% |
United Kingdom | N/A | 72.8 | 27.8 | N/A | -61.8% |
South Africa | 13.4 | N/A | N/A | N/A | 0% |
Netherlands | N/A | N/A | 23.1 | N/A | 0% |
Others | 1.8 | 1.4 | 1.1 | 3.5 | 24.8% |
Total | 171 | 104 | 93.9 | 99.0 | -16.7% |
Top Export Markets for Frozen Tilapias from Hong Kong SAR in 2022:
- Mexico (52.7 tons)
- United States (21.6 tons)
This report provides an in-depth analysis of the frozen tilapias market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Product coverage:
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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