ANALYSIS: Increasing Freight Drives Pressure on Value Finfish
The frozen fillet market for tilapia, pangasius, and catfish is experiencing shifts due to a variety of factors impacting both supply and demand. Recent developments in ocean freight rates, weather conditions, and supply chain disruptions have all contributed to the current market dynamics.
Tilapia
Tilapia pricing has steadily increased for the past year due to several key factors. U.S. importers face lower inventory levels, as anticipated supply improvements by late May or early June were delayed by unusual weather patterns in China's producing areas of Guangdong and...
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