Why will Tilapia be the potential fish for 2024?

China is a major producer of #tilapia, producing more than 1.73 million tons in 2022, mainly for export, especially to the United States, which likes fried fish fillets.

In the past few years, due to #trade frictions, tilapia exports declined, breeding heat decreased, coupled with low fish prices, many fry farm neglected management, the number of fry sharply decreased, the current main breeding areas of Hainan, Guangdong, even less than 30% of the storage pool.

With the arrival of many holidays at the end of 2023, the demand for tilapia is not decreasing, overseas orders are pouring in, the amount of fish received by the processing plant continues to increase, the supply of fish fry is short, the price is soaring, and even a seedling is difficult to find.
So about the trend of tilapia in 2024,we can predict that the current tilapia farming scale has been difficult to meet the increasing market demand in 2024, and the tilapia market may usher in a small upsurge next year. Grasp the tilapia farming cycle well, high prices may appear in the first half of 2024.