Thailand - Frozen Tilapias - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Tilapias Price in Thailand - 2023
Contents:
- Frozen Tilapias Price in Thailand (FOB) - 2023
- Frozen Tilapias Price in Thailand (CIF) - 2022
- Frozen Tilapias Exports in Thailand
- Frozen Tilapias Imports in Thailand
Frozen Tilapias Price in Thailand (FOB) - 2023
The average frozen tilapias export price stood at $1,901 per ton in September 2023, growing by 11% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 22% against the previous month. The export price peaked at $2,179 per ton in June 2023; however, from July 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was the UK ($3,288 per ton), while the average price for exports to Jordan ($1,275 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Tilapias Price in Thailand (CIF) - 2022
In 2022, the average frozen tilapias import price amounted to $898 per ton, surging by 34% against the previous year. In general, the import price, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2014 an increase of 62%. Over the period under review, average import prices attained the maximum at $1,979 per ton in 2016; however, from 2017 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 China ($1,151 per ton), while the price for Bahrain ($333 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+13.4%), while the prices for the other major suppliers experienced a decline.
Frozen Tilapias Exports in Thailand
Frozen tilapias exports from Thailand surged to 6.8K tons in 2022, with an increase of 84% against the previous year's figure. In general, exports showed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen tilapias exports skyrocketed to $12M in 2022. Over the period under review, exports enjoyed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Frozen Tilapias in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 2,155 | 197 | N/A | 3,503 | 17.6% |
United States | 1,435 | 1,269 | 3,039 | 3,386 | 33.1% |
United Arab Emirates | 244 | 645 | 681 | 533 | 29.8% |
France | 405 | 320 | 78.1 | 409 | 0.3% |
United Kingdom | 276 | 243 | 280 | 388 | 12.0% |
Sweden | 89.6 | N/A | N/A | 306 | 50.6% |
Iraq | 86.8 | N/A | N/A | 296 | 50.5% |
Taiwan (Chinese) | 186 | N/A | N/A | 290 | 16.0% |
Qatar | 160 | 247 | 276 | 279 | 20.4% |
Cameroon | 215 | N/A | 148 | 262 | 6.8% |
Cote d'Ivoire | 103 | N/A | 148 | 262 | 36.5% |
Bahrain | 216 | 398 | 240 | 174 | -7.0% |
Kuwait | 507 | 261 | 143 | 114 | -39.2% |
Others | 1,282 | 632 | 837 | 1,694 | 9.7% |
Total | 7,360 | 4,212 | 5,869 | 11,895 | 17.4% |
Top Export Markets for Frozen Tilapias from Thailand in 2022:
- Saudi Arabia (2302.4 tons)
- United States (1635.3 tons)
- United Arab Emirates (314.1 tons)
- Taiwan (Chinese) (254.1 tons)
- United Kingdom (221.9 tons)
- Cameroon (220.6 tons)
- Cote d'Ivoire (219.6 tons)
- France (206.7 tons)
- Sweden (201.7 tons)
- Qatar (181.2 tons)
- Iraq (133.6 tons)
- Bahrain (97.6 tons)
- Kuwait (83.5 tons)
Frozen Tilapias Imports in Thailand
In 2022, supplies from abroad of frozen tilapias decreased by -14.5% to 561 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 933%.
In value terms, frozen tilapias imports rose rapidly to $504K in 2022. Overall, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 1,167%. As a result, imports attained the peak of $555K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Frozen Tilapias in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 38.4 | 322 | 170 | 336 | 106.1% |
China | 4.6 | 201 | 20.3 | 88.6 | 168.1% |
Taiwan (Chinese) | 0.6 | 28.7 | 182 | 75.9 | 402.0% |
Bahrain | N/A | N/A | 65.9 | 0.5 | -99.2% |
Others | 0.1 | 2.7 | 2.5 | 2.4 | 188.4% |
Total | 43.8 | 555 | 440 | 504 | 125.8% |
Top Suppliers of Frozen Tilapias to Thailand in 2022:
- Vietnam (299.2 tons)
- Taiwan (Chinese) (182.4 tons)
- China (77.0 tons)
- Bahrain (1.6 tons)
This report provides an in-depth analysis of the frozen tilapias market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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
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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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