Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Australia - 2024
Contents:
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Australia (CIF) - 2022
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Australia (FOB) - 2022
- Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Australia
- Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Australia
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Australia (CIF) - 2022
In 2022, the average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $7,522 per ton, increasing by 1.6% against the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s decreased by -3.0% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 41% against the previous year. Over the period under review, average import prices attained the peak figure at $7,757 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($10,404 per ton), while the price for China ($6,398 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Australia (FOB) - 2022
In 2022, the average export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $7,035 per ton, with a decrease of -21.8% against the previous year. Overall, the export price showed a pronounced descent. The growth pace was the most rapid in 2013 when the average export price increased by 73% against the previous year. Over the period under review, the average export prices reached the maximum at $22,588 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($17,413 per ton), while the average price for exports to Vanuatu amounted to $3,044 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+33.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Australia
In 2022, supplies from abroad of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s decreased by -79.5% to 48 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a dramatic slump. The pace of growth was the most pronounced in 2020 with an increase of 22% against the previous year. As a result, imports reached the peak of 301 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s dropped significantly to $358K in 2022. In general, imports faced a sharp downturn. The growth pace was the most rapid in 2020 when imports increased by 25% against the previous year. As a result, imports reached the peak of $2.3M. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 91.9 | 328 | 189 | 206 | 30.9% |
China | 1,406 | 1,442 | 1,003 | 134 | -54.3% |
Italy | 7.1 | 7.4 | 5.3 | 7.6 | 2.3% |
Hong Kong SAR | N/A | 141 | N/A | N/A | 0% |
Canada | 156 | 161 | 118 | N/A | -13.0% |
Others | 213 | 256 | 404 | 11.6 | -62.1% |
Total | 1,874 | 2,336 | 1,719 | 358 | -42.4% |
Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to Australia in 2022:
- Denmark (24.5 tons)
- China (20.9 tons)
- Italy (0.7 tons)
Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Australia
In 2022, after three years of growth, there was significant decline in overseas shipments of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s, when their volume decreased by -10.6% to 2.5 tons. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 645%. As a result, the exports attained the peak of 2.8 tons, and then shrank in the following year.
In value terms, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s shrank sharply to $18K in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 842%. As a result, the exports reached the peak of $25K, and then declined remarkably in the following year.
Export of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | N/A | N/A | N/A | 12.1 | 0% |
Vanuatu | N/A | N/A | N/A | 5.5 | 0% |
Papua New Guinea | N/A | 0.1 | 1.5 | N/A | 1400.0% |
Singapore | 0.2 | 1.3 | 12.1 | N/A | 677.8% |
Maldives | 0.1 | 0.8 | 8.9 | N/A | 843.4% |
Others | 1.0 | 0.5 | 2.6 | N/A | 61.2% |
Total | 1.3 | 2.7 | 25.1 | 17.5 | 137.9% |
Top Export Markets for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) from Australia in 2022:
- Vanuatu (1.8 tons)
- Hong Kong SAR (0.7 tons)
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