Kevin Fitzsimmons, professor of environmental science at the University of Arizona, told the crowd at the World Tilapia Conference last month the estimated value of tilapia product forms imported to the United States, the world's most valuable tilapia market, will exceed $1 billion by the end of this year.
Combining the $986.1 million in tilapia imports to the United States in 2012, with the estimated $84 million in US-produced farmed tilapia which was sold that year, that mark has essentially already broken, Fitzsimmons said.
In his presentation, Fitzsimmons pointed to several reasons why the consumption of the whitefish has grown, not only in the United States, but throughout the world.
According to Fitzsimmons, the increase of tilapia farming in Mekong, Vietnam; government support and private sector investment in Malaysia; the commercialization of sub-Saharan Africa and the availability of water, labor, land and feed in Brazil have all led to increased production.
Similar to Malaysia, Bangladesh farmers, with the support from their government and private sector investments, are expected to increase production from roughly 100,000 metric tons in 2011, by nearly 20,000 metric tons this year.
Mike Picchietti, president of Americas Tilapia Alliance, told IntraFish the numbers shouldn’t be surprising as the popularity of the fish continues to grow, especially in the United States.
“In general aquaculture is shrinking in this country but tilapia farming is growing exponentially,” he said. “I think tilapia is going to continue to grow everywhere but it’ll depend on the country’s natural resources.”
After announcing the change from the American Tilapia Association to the Americas Tilapia Alliance (ATA) last month, in order to expand the group's focus and international influence, Picchietti said the use of the fish could grow worldwide if the technology to process it is developed.
In the US the cost to produce the fish is double, and three to five times as much to process it than tropical developing countries, he said. Automation has also not worked yet because of the small size of tilapia needs human work.
Marketing live tilapia could also increase the demand for the fish in the region, Picchietti added.
“I could see all the grocery stores and restaurants having live tanks with tilapia in them,” he said. “That’s one of the main goals of the new ATA is to see if we can expand the market and develop trade in the central and south American countries.”
(vasep.com.vn) Vietnam’s shrimp exports reached $3.3 billion in the first eight months of 2026, up 12% year on year. However, growth momentum is moderating and market divergece is becoming more pronounced, while the US and EU continue to present significant challenges. The latest insights from the Global shrimp forum 2026 (GSF 2026), held in early September, also indicate that the final months of the year will remain highly competitive as global supply continues to expand and buyers place greater emphasis on quality, product specifications, supply consistency and the ability to meet market-specific demand.
(vasep.com.vn) Vietnam’s pangasius exports continued to grow in August 2026, bringing total export value in the first eight months of the year to US$1.5 billion, up 10% year-on-year. August exports alone reached US$205 million, up 6%. However, market performance has become increasingly divergent, with China and Brazil posting positive growth while the U.S. continued to record a sharp decline.
(vasep.com.vn) Vietnam’s seafood exports reached US$1.14 billion in August 2026, up 6.4% year on year, bringing the total for the first eight months to more than US$8.0 billion, an increase of 11.9%. Monthly export value remained above US$1 billion, but August growth was only around half the rate recorded cumulatively through the first eight months. This indicates that the eight-month result was supported significantly by stronger performance in earlier months, while market conditions are entering a less predictable period.
(seafood.vasep.com.vn) Pangasius is attracting growing interest from Japanese seafood companies as prices of many traditional whitefish species remain high and supply becomes increasingly volatile. Notably, seafood group Kyokuyo has recently continued to feature pangasius among its priority products, highlighting its competitive pricing and stable supply.
(seafood.vasep.com.vn) As Vietnam’s tilapia industry searches for new growth opportunities, venturing into brackish-water aquaculture could unlock a formidable competitive moat. Bypassing the volume-and-price bloodbath against established global heavyweights, Vietnam could differentiate itself through high-quality tilapia products tailored to specific farming conditions and value-added market segments.
(seafood.vasep.com.vn) 2026 is rapidly shaping up to be a formidable stress test for Vietnamese pangasius exports to the United States. While exports to alternative markets maintain a resilient growth trajectory, the U.S market has declined significantly. In the first eight months of the year, pangasius exports to the U.S fell by nearly 14% year-on-year, with August alone recording a decline of more than 50%. The trend shows that difficulties in the U.S. market are not driven solely by weak consumer demand, but also by multiple layers of trade barriers that are intensifying simultaneously, particularly additional import tariffs, anti-dumping duties and growing protectionism for the domestic catfish industry.
(vasep.com.vn) Vietnam’s pangasius exports to Japan are showing positive signals in 2026, indicating that the market is opening up greater opportunities for pangasius products, particularly processed and value-added products. In the first seven months of 2026, Vietnam’s pangasius exports to Japan reached US$31 million, up 20% year-on-year. In July alone, export value reached approximately US$5 million, up 30%.
On July 22, 2026, the Government issued Decree No. 292/2026/ND-CP detailing certain articles and providing measures for the organization and implementation of the Law on Foreign Trade Management. The Decree takes effect on September 5, 2026, replacing Decree No. 69/2018/ND-CP.
(vasep.com.vn) Vietnamese pangasius producer Vinh Hoan has won the top prize at the 2026 Seafood Excellence Asia Awards for its Cured Panga Croquette, highlighting the growing potential of value-added pangasius products in international markets.
(vasep.com.vn) The Global Shrimp Forum (GSF) 2026 is taking place from September 1–3 in Utrecht, the Netherlands, bringing together around 585 delegates from 40 countries, representing approximately 300 companies and organizations across the shrimp supply chain. Representatives from VASEP are attending the event as part of the Vietnamese delegation, strengthening connections with partners across the global shrimp industry.
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