Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Australia - 2023

Contents:

  1. Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Australia (CIF) - 2023
  2. Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Australia (FOB) - 2022
  3. Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Australia
  4. Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Australia

Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Australia (CIF) - 2023

The average import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s stood at $13,520 per ton in November 2023, increasing by 5.1% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 7.4% m-o-m. Over the period under review, average import prices reached the peak figure at $13,769 per ton in April 2023; however, from May 2023 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($14,494 per ton), while the price for Malaysia ($8,289 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Australia (FOB) - 2022

The average export price for fish fillets; fresh or chilled, other than fish of heading 0304.4s stood at $19,448 per ton in 2022, reducing by -3.5% against the previous year. In general, the export price, however, posted a noticeable expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 50%. Over the period under review, the average export prices attained the peak figure at $24,028 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($30,075 per ton), while the average price for exports to the UK ($19,374 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 Vietnam (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Australia

In 2022, the amount of fish fillets; fresh or chilled, other than fish of heading 0304.4s imported into Australia expanded markedly to 1K tons, with an increase of 8.6% on 2021 figures. Over the period under review, imports, however, showed a noticeable curtailment.

In value terms, imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s reduced to $13M in 2022. Overall, imports, however, saw a pronounced decline. The pace of growth was the most pronounced in 2021 when imports increased by 23%.

Import of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia7.55.69.37.91.7%
New Zealand3.43.53.73.40.0%
Japan0.30.10.11.049.4%
Malaysia2.22.00.50.3-48.5%
Others0.90.10.20.2-39.4%
Total14.311.213.812.8-3.6%

Top Suppliers of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 to Australia in 2022:

  1. Indonesia (612.2 tons)
  2. New Zealand (269.4 tons)
  3. Japan (91.3 tons)
  4. Malaysia (31.1 tons)

Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Australia

In 2022, exports of fish fillets; fresh or chilled, other than fish of heading 0304.4s from Australia shrank to 66 tons, waning by -8% on the previous year. Overall, exports saw a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 34% against the previous year.

In value terms, exports of fish fillets; fresh or chilled, other than fish of heading 0304.4s shrank to $1.3M in 2022. Over the period under review, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year.

Export of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany554395643510-2.7%
United Kingdom3562264124306.5%
Spain260161236227-4.4%
FranceN/AN/AN/A79.90%
Norway22493.7N/AN/A-58.2%
South Korea15173.875.5N/A-29.3%
Thailand99.05.4N/AN/A-94.5%
Singapore73.430125.9N/A-40.6%
Others28.728.756.739.311.0%
Total1,7461,2841,4491,286-9.7%

Top Export Markets for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 from Australia in 2022:

  1. Germany (26.2 tons)
  2. United Kingdom (22.2 tons)
  3. Spain (11.7 tons)
  4. France (4.1 tons)

Source: IndexBox Market Intelligence Platform

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