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The global tilapia market is expected to increase stably. With the rapid expansion of tilapia production capacity in Southeast Asia and South Asia in recent years, the market gradually saturated, is expected in the next few years will enter a stable growth period.
Price of tilapia is expected to go down, on the wave of increased production. In the USA, the price of fresh tilapia fillets is at present (December 2015) US$ 2.3/kg, which compares to US$ 1.85/kg for catfish.
By comparison, the EU market is still relatively small, but growing very strongly. Tilapia is thus on its way to become a major supplier of protein both in the developed and the developing world. Fortunately, there is no risk that increasing tilapia imports into the USA or Europe will take away affordable protein from the poor of the world, as the tilapia going as cheap products on the local markets would not be sellable on the Western market. These tilapia coming from intensive farms, from small water areas or rice farms are generally very
Small and not very homogenous. On the other hand, the product going for export is of constant quality, size, colour and texture. It is to be hoped that the increase in production and exports of tilapia will increase employment in the producing countries.
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Scope of the Report:
This report focuses on the Tilapia in Global market, especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
China, Egypt, USA, Indonesia, Philippines, Thailand, Brazil, Viet Nam, Colombia, Ecuador, Myanmar, Malaysia, Uganda, Bangladesh
Market Segment by Regions, regional analysis covers
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
Latin America, Middle East and Africa
Market Segment by Type, covers
Market Segment by Applications, can be divided into
The fish food for downstream applications is mainly divided into household consumption and business
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There are 13 Chapters to deeply display the global Tilapia market.
Chapter 1, to describe Tilapia Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Tilapia, with sales, revenue, and price of Tilapia, in 2015 and 2016;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2015 and 2016;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Tilapia, for each region, from 2011 to 2016;
Chapter 5, 6, 7 and 8, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 9 and 10, to show the market by type and application, with sales market share and growth rate by type, application, from 2011 to 2016;
Chapter 11, Tilapia market forecast, by regions, type and application, with sales and revenue, from 2016 to 2021;
Chapter 12 and 13, to describe Tilapia sales channel, distributors, traders, dealers, appendix and data source.
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International trade stays positive with promising African markets
The weak positions of the USA and EU, the major tilapia markets, continue into the first quarter of 2016. Nevertheless, international trade remained positive. Based on reporting by major markets and producers, total global tilapia exports are estimated to have increased by 18% during the first quarter of 2016, while imports are estimated to have grown by 15% compared with the same period in 2015. In addition to Asia and Latin America, which continue to produce and consume a growing amount of tilapia, African markets are increasingly taking a larger share of exports. Tilapia farming is also proving to play an important role in food security of countries in the Pacific, such as Fiji and Papua New Guinea.
Total exports of Chinese frozen tilapia experienced a year-on-year 3% decline in volume during the first quarter of 2016 mainly due to lower exports of frozen fillets (-13%). However, exports of breaded fillets and whole frozen tilapia were up by 9.8% and 2.4% respectively.
In terms of prices, average export prices of frozen tilapia in 2016 weakened further for all product groups. Export prices of frozen fillets were down 14.4% to USD 3.6 per kg, whole frozen by 6.5% to USD 2.04 per kg and breaded fillets by 11.8% to USD 3.86 per kg.
The USA remains the main market for Chinese frozen tilapia. In a new development however, Côte d’Ivoire overtook the USA as the largest Chinese market for whole frozen tilapia by importing 6 425 tonnes from China during the first quarter of 2016. This was an enormous 307% increase from the same period in 2015. Other African markets experiencing growth in Chinese whole frozen tilapia include Ghana, Kenya and Tanzania. Although average export prices to these African markets declined during the period under review, these markets paid higher prices (USD 2.20-2.60 per kg) compared with the US market (USD 1.79 per kg) due to strong demand, higher import tariffs and more nascent trade ties. It is important to note that imported tilapia represents a challenge for the development of domestic tilapia aquaculture in Africa.
For frozen fillets, which make up 40% of Chinese tilapia trade, exports declined to most markets including the USA. Notably, there was positive growth in exports to Iran, which indicates its potential as a growing market for tilapia fillets. Chinese exports of frozen fillets to Iran reached 3 600 tonnes during the 2016 first quarter, 59% up from the same period in 2015. The market has turned to tilapia as a cheaper source of frozen fish fillets compared with the popular New Zealand hoki.
In contrast, Chinese exports of frozen breaded tilapia experienced positive growth (+9.8%) into the main markets of Mexico, Côte d’Ivoire, Congo and Kenya.
Total tilapia imports into the US market during the first quarter of 2016 were 14% lower in terms of volume and 24% less in value terms compared with the same period of last year. 61 400 tonnes were shipped into the country valued at USD 247 976 million.
During the first three months of the year, China as usual remained the main tilapia supplier to the USA with 46 700 tonnes imported worth USD 166 838 million. These figures demonstrate a year-on-year decrease of 17% in volume and 29% value. The product mainly imported was frozen.
Other important suppliers, such as Honduras, Indonesia, Costa Rica and Mexico also registered drops in shipments to the USA, while Colombian exports of tilapia during January-March 2016 rose by 11.6% volume wise and 10% value wise.
Colombia’s interest in the US market was demonstrated during the Seafood Expo North America 2016 in Boston where 14 Colombian companies participated. The potential growth of Colombia as a tilapia supplier to the US market is largely driven by the Free Trade Agreement signed three years ago. Colombia is also targeting other potential markets such as Chile, Spain, France, the UK, Netherlands, Belgium, Germany and Poland.
For now, Honduras maintains its leadership in the Latin American region as the largest exporter of fresh tilapia to the USA, despite the drop in production volume as a result of the drought caused by El Niño.
The weak demand in the EU persisted during the first quarter of 2016 as the EU imported 15.9% less total frozen tilapia compared with the same period in 2015. In total, the EU imported 6 600 tonnes of tilapia during this period. Both categories of frozen fillets and whole frozen tilapia, which take up almost equal shares, experienced declines of 7.3% and 26.4% respectively. Within the EU, Spain imports the largest volume of tilapia, mostly fillets although like elsewhere in the EU, imports declined during the review period.
Asia remains the main supply source to the EU, with the top five suppliers being China, Viet Nam, Indonesia, Thailand and Taiwan Province of China making up nearly 99% of the total. Frozen tilapia fillets from Taiwan Province of China fetch premium prices due to high quality. In the whole frozen category, imports increased from Bangladesh, with this tilapia primarily consumed by the ethnic population of Bangladeshi residents in the EU.
Taiwan Province of China
In the first quarter of 2016, total exports of frozen tilapia from Taiwan Province of China experienced 18% growth compared with the same period in 2015 to total 6 000 tonnes. The whole frozen tilapia makes up 90% of total frozen tilapia exports, with the first quarter showing 20% growth in this product category for exports to the major markets, namely the USA and the Middle East. Together, the US and Middle Eastern markets took an 88% market share of whole frozen tilapia exports from Taiwan Province of China. In contrast, frozen tilapia fillet exports experienced a marginal decline (-0.48%). Main markets for this product category are the USA, Republic of Korea, Canada and Japan.
Despite weakening in the major markets, the outlook seems promising amidst production problems in China as demand continues to be strong in Asia, Africa and Latin America. The species is also growing in importance for food security in the Pacific and the some parts of West Asia.
The report analyses the tilapia market situation over the period January-June 2016
SAN DIEGO–(BUSINESS WIRE)–Chicken of the Sea continues to make a name for itself in pouched seafood with this week’s launch of Tilapia Select Fillets, a new line of single-serve, 3-oz. pouches containing America’s most popular white fish seasoned with the latest on-trend flavors.
The four new shelf-stable products target seafood fans looking to combine the health benefits of tilapia with an economical protein alternative in salads, sandwiches and rice bowls for lunch, snack time or dinner. The San Diego-based seafood provider is making the new line available at retailers nationwide for an SRP of $2.49.
According to a growing number of health professionals, tilapia plays an important role as the FDA looks to significantly increase recommended seafood consumption levels in the U.S. in the coming months.
“Americans simply aren’t eating enough lean seafood,” explained Serena Ball, registered dietitian and founder of TeaspoonOfSpice.com, where she helps families find shortcuts for making healthy homemade meals. “Not only is Tilapia an affordable, high-quality protein option, its high selenium content makes it essential for boosting cognitive function and enhancing the immune system. Selenium is also important in body metabolism.”
Answering the increased call for affordable seafood, Chicken of the Sea Tilapia Select Fillets represents several product firsts: the first single-serve, shelf-stable pouched tilapia; and the first line of flavored tilapia. The new line also comes on the heels of the 2014 launch of Chicken of the Sea Flavored Salmon Pouches, an industry first from the brand that introduced the world to boneless, skinless salmon in 1984.
Chicken of the Sea’s four new Tilapia Select Fillets varieties exceed industry benchmarks on likeability, flavor and purchase intent in brand testing. They include:
- Chicken of the Sea Tilapia Select Fillets in Marinara Sauce: Sustainably caught Chicken of the Sea tilapia seasoned with a flavorful Marinara sauce in a 3-ounce single-serve pouch.
- Chicken of the Sea Tilapia Select Fillets in Teriyaki Sesame Sauce: Sustainably caught Chicken of the Sea tilapia seasoned in a bold, tangy Teriyaki Sesame sauce in a 3-ounce, single-serve pouch.
- Chicken of the Sea Tilapia Select Fillets in Santa Fe Sauce: Sustainably caught Chicken of the Sea tilapia seasoned with a zesty Santa Fe sauce in a 3-ounce, single-serve pouch.
- Chicken of the Sea Tilapia Select Fillets in Yellow Curry Sauce: Sustainably caught Chicken of the Sea tilapia seasoned in savory Yellow Curry sauce in a 3-ounce, single-serve pouch.
“With the launch of the Chicken of the Sea Tilapia Select Fillets, Chicken of the Sea continues the pouched seafood innovation story it started last year with Flavored Salmon Pouches,” said Maureen McDonnell, Chicken of the Sea director of brand marketing. “Tilapia has become the new seafood of choice for discriminating seafood lovers looking for a mild-tasting, affordable white fish – and our new single-serve pouches give families four innovative new ways to enjoy the fish over rice, pasta or greens, or even straight out of the pouch.”
According to McDonnell, tilapia is now the second-most consumed seafood in restaurants and fourth-most consumed seafood at home. She says the launch coincides with anticipated new FDA advice encouraging more seafood in Americans’ weekly diet. This includes pregnant and breastfeeding women, which the U.S. Food and Drug Administration (FDA) is expected to recommend eat two-to-three servings of seafood every week to encourage prenatal brain development.
Expected to be filed this year, FDA’s amended guidance follows exhaustive reviews of the positive health effects of eating fish — including the high levels of vitamins, minerals, amino acids and omega-3 fatty acids — which point to the need for expectant and nursing women to quadruple their seafood intake.
Chicken of the Sea is introducing new recipes and serving suggestion to accompany the launch of its Tilapia Select Fillets. To access the company’s growing library of recipes, serving and meal-planning suggestions for its tilapia and other seafood products, go to www.chickenofthesea.com.
About Chicken of the Sea
Founded in 1914, Chicken of the Sea (COS) is a leading provider of healthy, sustainable and delicious seafood, offering not only a robust product line but the recipes and meal-planning insights needed to inspire seafood lovers to greater culinary creativity and inspiration. The company provides tuna, salmon, clams, crab, oysters, shrimp, mackerel, kipper snacks and sardines in cans, cups and pouches as well as innovative new products consistent with seafood’s growing status as a healthy “new” protein choice in America.
Headquartered in San Diego, COS sustainably sources its seafood products from around the world, and packages them at a state-of-the-art processing facility in Lyons, Ga., as well as at third-party facilities. The company is led by a team of industry veterans with more than 300 years of collective experience in the packaged seafood industry.
For information on Chicken of the Sea, including recipes, serving suggestions and nutritional and meal-planning insights as well as information on the latest new Chicken of the Sea products, go to www.chickenofthesea.com.
for Chicken of the Sea
Aquasense International and Gamma Seafood Sign LOI to Distribute First Saltwater Farmed Tilapia Products
Aquasense International Corporation (“Aquasense”), the U.S. holding company of the affiliate aquaculture company, Aquasense Panamá, S. de R.L. (“Aquasense Panama”), signed a letter of intent (LOI) with Miami-based, Gamma Seafood Corporation (“Gamma Seafood”), a division of the Alfa Gamma Group, to market and distribute the seafood industry’s first ever farm-raised, saltwater red tilapia products in the USA market.
Under this LOI, Aquasense Panama will supply the Alfa Gamma Group, on an exclusive basis an estimated annual 500 tons of ocean farmed tilapia to be distributed to high-end U.S. retailers, gourmet chefs and cruise ships, starting as early as next year. By the end of the first project phase, it will supply an annual 6,000 tons. All product will consist of sustainably farm-raised red tilapia, grown in open-ocean and eco-friendly production systems, located in pristine waters off the Pacific coast of the Republic of Panama. The product will be offered only fresh, whole and filleted.
Aquasense Panama is an early stage aquaculture company with the mission to contribute to meeting the rising food needs of a growing world population in a sustainable manner. In 2007, it set out to change the paradigm of fish farming, by bringing their fish farming operations to the pristine waters surrounding Panama. Considered a non-traditional farming method for tilapia, their preliminary research showed that when tilapia are reared in the full salinity of the open ocean and fed nutritious feeds, the result is a very much improved fish product, in terms of taste and texture.
The Alfa Gamma Group owns and operates SQF and BRC certified facilities and fishing fleets in Panamá, Ecuador, Nicaragua, Suriname and Mexico. Alfa Gamma’s headquarters are located in Miami, FL within five miles of the Miami International Airport and 12 miles from the Port of Miami. Alfa Gamma’s 85,000 square foot headquarters include an SQF Level 3 modern processing facility that receives and processes 20 to 50 thousand pounds of fresh seafood per day, includes a 5 million pound freezer storage facility and is staffed with an experienced and dedicated sales and logistic force servicing customers in North America and abroad. For more about Alfa Gamma Group contact Santiago Alvarez at (305)888-6789.
A 2014 report on aquaculture in Egypt presents some interesting information:
- Despite the pressure on water, Egypt has the largest aquaculture industry in Africa with a market value of over $1.3 billion.
- The industry now provides 65% of the country’s fish needs, with virtually all the output coming from small and medium-scale privately owned farms.
- The main farmed fish is Nile tilapia and Egypt is the world’s second largest producer of farmed tilapia after China. Grey mullet and carp are also farmed, sometimes in mixed ponds with tilapia.
- From small levels of production in the early 1990s fish farming has expanded rapidly while capture fishing has remained fairly constant, even declining somewhat after peaking at the beginning of the 21st century.
- Aquaculture is also important in providing employment to an estimated 100,000 people of whom 50% are youth.
- With the exception of Fayoum, aquaculture takes place in the Nile Delta region and mainly around the Northern Lakes area.
Citation: Mur, R. 2014. Development of the aquaculture value chain in Egypt: Report of the National Innovation Platform Workshop, Cairo, 19-20 February 2014. Cairo: WorldFish.
An Industry Assessment of Tilapia Farming in Egypt
Dr. Adel A. Shaheen, B.V.Sc., M.V.Sc., Ph.D.
Professor of fish diseases & management Head Department of fish diseases & management
Faculty of Veterinary Medicine Benha University Moshtohor – Toukh – Egypt
2.5. Status of fish production in Egypt
Capture fisheries in Egypt are in decline due to; overfishing, pollution, illegal, unreported and Unregulated fishing (IUU), relaxation in the implementation of laws and regulations, lack of interest in clearing Straits and waterways, poor sustainable management of fisheries and aquaculture, illegal fishing operations of fry. In addition to the building of Aswan High Dam (that reduced the annual flood cycle of the Nile), the application of partial pond flushing, aeration and sex reversal are the major steps that contributed to the expansion,
intensification and growth of total tilapia production in ponds in Egypt.
The General Authority for Fish Resources Development (GAFRD) planned two-sided strategy aims to increase the productivity of freshwater aquaculture operations, while encouraging investment in marine aquaculture.
A cooperation agreement between Egypt’s General Authority for Fish Resources Development (GAFRD) and Vietnam’s Ministry of Agriculture and Rural Development (MARD) inked in May sets a framework for joint fisheries development. The protocol encourages researchers, trainers and quality control technicians in the two countries to share data, and calls for exchange visits of fisheries and aquaculture officials