ANALYSIS: Fresh Tilapia Prices Rise as Imports Fall
There was a notable decrease in the total import volume of fresh tilapia fillets in February 2024 compared to January 2024, with volumes dropping from just under 4.1 million pounds to 3.2 million pounds, a 21.9% decline. Year-over-year, the decline is even more pronounced at 28.1%, with February 2023 volumes at 4.4 million pounds. This indicates a significant contraction in import volumes over both a monthly and yearly basis.
The year-to-date numbers running January through February show a similar trend, with a decline of...
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