Import-Export of Tilapia: Jan – Sep 2018

Import-Export of Tilapia: Jan – Sep 2018

Tilapia, one of the worldwide most demanded fish in the market regarding its price and nutritional quality, according to latest FAO statistics, the global production of this species is expected to keep growing, as some countries of small production (e.g. Egypt and Brazil) started to increase their production, the thing that may affect the Chinese total export share of Tilapia, the major exporter of this species.

Chinese exports:

China remains the major supplier of Tilapia globally, however, the exported share to USA market, one of the principal Chines target markets, is decreasing, which is possibly due – according to FAO report’s on Chinese seafood production and prices- to the USA imposed tariffs. The decrease in the exporting share of Tilapia has also affected the prices of this species by reducing it in the market. However, other countries such as Burkina Faso and Ivory Coast start importing volumes that were previously destined for USA markets (FAO 2019).

USA imports:

USA imports of tilapia in the first three quarters of 2018 have decreased by 1.84% compared to the same period of 2017 (NOAA 2019), and according to FAO, it is expected to decline more. This decrease may be due to various causes, we highlight the most important from our point of view:

  • The new tariffs regime that included Tilapia among other species. The regime consists of increasing the import duty on tilapia to 25% (NOAA 2019).
  • Another reason is the popularity of this species in the US, according to the National Fisheries Institute (NFI), the consumption of tilapia by capita decreased by 8.5 between 2017 and 2018.
  • The 3rd reason is the pangasius fish competition in the market, especially after the import tariffs on tilapia of China-origin, the production of pangasius and the importation of this species is significantly increasing, and it is expected to fill the missing gap of tilapia in the market.

Other countries are increasing their share either by importing or exporting tilapia fish (e.g. EU28, Brazil, Egypt…), but they are still far behind China and the USA.

Share in:

Subscribe to our newsletter

I accept Privacy Policy

We are social

Follow us on social media and keep up to date with our latest news and announcements