Rising US Tariffs on Chinese Imports Drive Demand for Pangasius Despite Tight Supply in W46

Following the 2024 US presidential election results, global economic conditions have become increasingly volatile, particularly with expectations of higher United States (US) tariffs on all Chinese imports, including tilapia. This shift will increase demand for alternative white meat fish, especially pangasius, as importers seek substitutes to avoid higher costs associated with tilapia tariffs. However, the pangasius supply remains tight, particularly for larger sizes (400g+), leading to rising raw material costs.