ANALYSIS: Tilapia Pricing at Record Highs
Despite the market being frozen-in-place for the majority of 2020, frozen tilapia fillets from China have seen an average increase of $0.61 cents per pound since 2018, or up by $0.21 per pound from November 2020 when reports of increased freight were just starting to circulate. Currently, 3-5 ounce and 5-7 ounce, chem-free fillets are boasting all-time record high pricing at $2.55 per pound and $2.65 per pound, respectively.
While tariffs and freight weigh...
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