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

Contents:

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

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

The average export price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s stood at $6,154 per ton in February 2022, which is down by -3.2% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2021 an increase of 7.8% m-o-m. The export price peaked at $6,361 per ton in January 2022, and then fell in the following month.

Average prices varied noticeably for the major external markets. In February 2022, the country with the highest price was Peru ($6,276 per ton), while the average price for exports to Mexico ($5,925 per ton) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+27.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In February 2022, the average import price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s amounted to $2,222 per ton, rising by 28% against the previous month. Over the period under review, the import price recorded a mild increase. The most prominent rate of growth was recorded in May 2021 an increase of 51% against the previous month. Over the period under review, average import prices reached the maximum at $2,780 per ton in June 2021; however, from July 2021 to February 2022, import prices stood at a somewhat lower figure.

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

From February 2021 to February 2022, the rate of growth in terms of prices for China amounted to +1.3% per month.

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

For the fourth consecutive year, Colombia recorded growth in shipments abroad of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s, which increased by 5.8% to 9.8K tons in 2022. The total export volume increased at an average annual rate of +14.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 35%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s fell to $65M in 2022. The total export value increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 34% against the previous year.

Export of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States43.658.265.661.912.4%
MexicoN/AN/A0.51.6220.0%
PeruN/A0.10.11.4274.2%
Canada5.58.34.5N/A-9.5%
Others1.71.51.50.4-38.3%
Total50.968.172.365.38.7%

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

  1. United States (9.3K tons)
  2. Mexico (0.2K tons)
  3. Peru (0.2K tons)

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

After three years of growth, purchases abroad of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s decreased by -49.8% to 406 tons in 2022. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 259%. As a result, imports reached the peak of 808 tons, and then fell notably in the following year.

In value terms, imports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s fell markedly to $689K in 2022. Overall, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 304% against the previous year. As a result, imports attained the peak of $1.5M, and then fell remarkably in the following year.

Import of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1713221,38365856.7%
Vietnam39.843.439.130.6-8.4%
Others43.26.181.2N/A37.1%
Total2543721,50468939.5%

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

  1. China (380.3 tons)
  2. Vietnam (25.5 tons)

Source: IndexBox Market Intelligence Platform

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