Despite higher prices due to rising costs and some tightness in supply, fresh tilapia fillets remain a relative bargain in the seafood case in the U.S. market, even though prices are up by one-third over the past few years.

“Supply is tight, but the relationship I have with my vendor is good. I'm OK supply-wise but I had to raise my retail price, which I hadn't done in quite a while,” said a seafood buyer for one East Coast retail chain. “We are selling it for USD 8.99 a pound for fresh fil…