Week 37, 2026: China’s Tilapia Market — Regional Split, US Exports Down, Africa Rising

China’s tilapia market showed regional divergence in Week 37, 2026. Guangdong and Guangxi raw material prices rose by RMB 0.20/kg and RMB 0.40/kg due to tighter supply, while Hainan remained flat. US frozen tilapia fillet wholesale prices stabilized, but US imports from China fell 16% year on year to 78.57 million lb through June. As Mexico overtakes China in US-bound volumes and African markets such as Côte d’Ivoire grow, China’s tilapia exports are shifting toward new destinations.

2026 Market Analysis: The Precarious Balance of China’s Tilapia Supply Chain

15th week 2026, China’s tilapia industry chain witnessed notable shifts. The pond-side price in Guangdong dropped by RMB 0.6/kg, as processors cut prices to counter competition from Hainan and rising freight costs. Farmers were forced to reduce fingerling stocking and feeding to maintain minimal profits. Despite soaring fishmeal costs, feed manufacturers notably do not dare to raise tilapia feed prices, highlighting the extreme fragility of profit margins at the farming level. Meanwhile, prices in the U.S. market remained stable due to sufficient inventories, yet significant risks loom from high tariffs and escalating export costs.