July 2026 Tight Supply Boosts China Tilapia Prices
In July 2026, China’s tilapia raw material market saw regional price increases (Guangdong and Guangxi up by RMB 0.10/kg) driven by a 40%–50% year‑on‑year drop in H1 fingerling stocking, while Hainan prices remained flat. However, processors are unable to pass on costs due to weak export orders, high U.S. tariffs (40%–57.5%), and fierce competition, leaving margins squeezed. The U.S. wholesale market stays stable on ample inventories. Meanwhile, China’s exports are rapidly shifting toward Mexico, Côte d’Ivoire, and other African/Latin American markets, reflecting accelerating destination diversification.