« April 2012 Table of Contents Pin It

Trade Tracker: Tilapia prices increase

Shrimp, swordfish, tuna are other top products from Ecuador


April 05, 2012

Fresh and frozen tilapia accounts for about 6.5 percent of all U.S. seafood imports. Nearly 70 percent of U.S. tilapia imports are from China, followed by Honduras and Indonesia. The top five tilapia importers in 2011 were Beaver Street Fisheries, Grobest USA, The Fishin’ Co., Expack Seafood and Regal Springs. 

The price per kilogram of vessel imports of tilapia was at $3.76 in 2011, up from $3.30 in 2010. 

Imports of frozen tilapia fillets increased slightly in 2011 and fresh imports decreased slightly; this resulted in overall tilapia imports remaining flat in 2011 compared to 2010 figures. Seasonal tilapia import trends for the past five years typically show imports are highest in the winter months, peaking in December and January.  

In addition to China, Honduras and Indonesia, Ecuador also plays an important role in the industry, supplying the U.S. market with about 6 percent of its tilapia products. Other seafood products from Ecuador include shrimp, swordfish and tuna. Tilapia imports from Ecuador in 2011 were actually at a five-year low, dipping about 1 percent from 2010.

Zepol Corp. of Minneapolis provides up-to-date U.S. trade data through several subscription tools: TradeIQ™ is a U.S. Customs import bill of lading database utilized to find information about competitors, suppliers, prospects, and the products that they use, market, or transport. TradeView™ provides U.S. Census data to visualize the U.S. import and export market. ComplianceMonitor™ is a comprehensive tool that proactively alerts users of essential U.S. import trade compliance information. For more information, 
visit www.zepol.com.

Find other SeaFood Business articles with tilapia here.

April 2012 - SeaFood Business 

 

Follow Seafood Business on Facebook, Twitter or Linked In. Subcribe to SeafoodSource news too. Follow Seafood Business on TwitterConnect with us on Facebook Sign up for SeafoodSource News

Advertise in SeaFood Business

If you're looking to target the U.S. market with seafood products, contact us now to discuss how your message can be seen by readers of the most trusted industry resource.

Featured Supplier

Company Category