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Australia - Dried Or Smoked Fish - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Dried or Smoked Fish in Australia - 2023
Contents:
- Price for Dried or Smoked Fish in Australia (CIF) - 2023
- Price for Dried or Smoked Fish in Australia (FOB) - 2022
- Imports of Dried or Smoked Fish in Australia
- Exports of Dried or Smoked Fish in Australia
Price for Dried or Smoked Fish in Australia (CIF) - 2023
The average dried or smoked fish import price stood at $17,618 per ton in July 2023, with a decrease of -11.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in September 2022 an increase of 19% m-o-m. The import price peaked at $20,278 per ton in February 2023; however, from March 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($24,022 per ton), while the price for South Africa ($5,260 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Denmark (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dried or Smoked Fish in Australia (FOB) - 2022
The average dried or smoked fish export price stood at $41,316 per ton in 2022, falling by -47.2% against the previous year. Overall, the export price saw a noticeable decline. The most prominent rate of growth was recorded in 2021 when the average export price increased by 116%. As a result, the export price reached the peak level of $78,306 per ton, and then declined significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($89,126 per ton), while the average price for exports to New Zealand ($7,318 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Dried or Smoked Fish in Australia
In 2022, the amount of dried or smoked fish imported into Australia expanded significantly to 5.3K tons, growing by 6.6% on the previous year's figure. The total import volume increased at an average annual rate of +1.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, dried or smoked fish imports soared to $85M in 2022. The total import value increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Dried or Smoked Fish in Australia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 39.2 | 41.6 | 41.9 | 48.1 | 7.1% |
Norway | 20.0 | 12.4 | 11.6 | 12.1 | -15.4% |
Poland | 1.6 | 5.4 | 3.9 | 4.7 | 43.2% |
New Zealand | 0.8 | 1.0 | 1.7 | 3.8 | 68.1% |
South Africa | 2.5 | 3.3 | 3.3 | 3.4 | 10.8% |
Germany | 0.6 | N/A | 0.3 | 3.4 | 78.3% |
Vietnam | 0.8 | 1.0 | 1.1 | 1.1 | 11.2% |
Philippines | 0.7 | 0.4 | 1.1 | 0.8 | 4.6% |
Malaysia | 0.7 | 0.7 | 0.8 | 0.7 | 0.0% |
Others | 6.3 | 7.0 | 6.2 | 6.8 | 2.6% |
Total | 73.2 | 72.9 | 72.0 | 84.8 | 5.0% |
Top Suppliers of Dried or Smoked Fish to Australia in 2022:
- Denmark (2575.6 tons)
- Norway (697.7 tons)
- South Africa (670.4 tons)
- Poland (249.7 tons)
- Germany (151.5 tons)
- Vietnam (137.3 tons)
- New Zealand (117.0 tons)
- Philippines (109.0 tons)
- Malaysia (67.6 tons)
Exports of Dried or Smoked Fish in Australia
In 2022, overseas shipments of dried or smoked fish were finally on the rise to reach 45 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a abrupt setback.
In value terms, dried or smoked fish exports shrank significantly to $1.8M in 2022. Over the period under review, exports, however, faced a abrupt decline. The smallest decline of -11.7% was in 2021.
Export of Dried or Smoked Fish in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 992 | 744 | 884 | 912 | -2.8% |
Hong Kong SAR | 1,550 | 1,130 | 1,282 | 677 | -24.1% |
New Zealand | 5.0 | 11.3 | 21.9 | 149 | 210.0% |
Vietnam | 34.3 | 7.3 | 19.0 | 76.2 | 30.5% |
Papua New Guinea | N/A | 8.9 | 14.0 | 17.5 | 40.2% |
Thailand | 194 | 38.2 | N/A | N/A | -80.3% |
Germany | 28.7 | N/A | N/A | N/A | 0% |
Malaysia | 51.9 | 53.7 | N/A | N/A | 3.5% |
United Kingdom | 270 | N/A | N/A | N/A | 0% |
Poland | N/A | 516 | N/A | N/A | 0% |
Others | 18.6 | 14.9 | 9.8 | 16.9 | -3.1% |
Total | 3,145 | 2,525 | 2,230 | 1,849 | -16.2% |
Top Export Markets for Dried or Smoked Fish from Australia in 2022:
- New Zealand (20.4 tons)
- Japan (10.2 tons)
- Hong Kong SAR (7.8 tons)
- Vietnam (3.8 tons)
- Papua New Guinea (1.4 tons)
This report provides an in-depth analysis of the market for dried or smoked fish in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10202100 - Fish fillets, dried, salted or in brine, but not smoked
- Prodcom 10202350 - Dried fish, whether or not salted, fish, salted but not dried, fish in brine (excluding fillets, smoked, heads, tails and maws)
- Prodcom 10202425 - Smoked Pacific, Atlantic and Danube salmon (including fillets, e xcluding heads, tails and maws)
- Prodcom 10202455 - Smoked herrings (including fillets, excluding heads, tails and maws)
- Prodcom 10202485 - Smoked fish (excluding herrings, Pacific, Atlantic and Danube salmon), including fillets, excluding head, tails and maws
- Prodcom 10202200 - Flours, meals and pellets of fish, fit for human consumption, f ish livers and roes, dried, smoked, salted or in brine
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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