Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Chile - 2023

Contents:

  1. Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Chile (CIF) - 2022
  2. Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Chile (FOB) - 2022
  3. Imports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Chile
  4. Exports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Chile

Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Chile (CIF) - 2022

The average import price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s stood at $4,992 per ton in 2022, surging by 24% against the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s increased by +60.2% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 24% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +3.1% per year.

Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Chile (FOB) - 2022

The average export price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s stood at $8,976 per ton in 2022, jumping by 75% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($22,083 per ton), while the average price for exports to the Dominican Republic ($8,272 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Chile

Imports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s into Chile surged to 141 tons in 2022, rising by 91% compared with 2021. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s soared to $701K in 2022. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China39642329670121.0%
OthersN/A0.10.2N/A100.0%
Total39642329670121.0%

Top Suppliers of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) to Chile in 2022:

  1. China (140.5 tons)

Exports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Chile

In 2022, the amount of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s exported from Chile contracted dramatically to 15 tons, reducing by -88.2% on 2021 figures. In general, exports faced a precipitous slump. The smallest decline of -22% was in 2020.

In value terms, exports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s dropped sharply to $137K in 2022. Overall, exports continue to indicate a dramatic contraction. The smallest decline of -2.9% was in 2020.

Export of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic1,1671,023560107-54.9%
United States44.714981.615.5-29.7%
Canada14.719.322.314.80.2%
OthersN/AN/AN/AN/A0%
Total1,2271,191664137-51.8%

Top Export Markets for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) from Chile in 2022:

  1. Dominican Republic (12.9 tons)
  2. Canada (1.7 tons)
  3. United States (0.7 tons)

Source: IndexBox Market Intelligence Platform

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