Price for Fish fillets; frozen, flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Australia - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Australia (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Australia (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Australia
  4. Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Australia

Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Australia (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s amounted to $12,799 per ton, surging by 117% against the previous year. In general, the import price showed a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($32,818 per ton), while the price for New Zealand ($4,657 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+128.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Australia (FOB) - 2022

The average export price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s stood at $23,333 per ton in 2022, dropping by -49.3% against the previous year. In general, the export price, however, showed a strong increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 20%. Over the period under review, the average export prices reached the maximum at $46,000 per ton in 2021, and then declined sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($35,000 per ton), while the average price for exports to New Zealand amounted to $1,000 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (-8.1%).

Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Australia

In 2022, overseas purchases of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s decreased by -76.2% to 25 tons, falling for the second consecutive year after two years of growth. Overall, imports faced a abrupt contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 155%. As a result, imports reached the peak of 125 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s declined notably to $324K in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 111% against the previous year. As a result, imports reached the peak of $702K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)18.353.3149184115.8%
VietnamN/AN/A19464.9-66.5%
China76.629617637.5-21.2%
Japan16.6N/A15.228.619.9%
South Korea1.911.01.65.239.9%
New ZealandN/A58.916.43.5-75.6%
Argentina36.630.576.1N/A44.2%
Thailand168124N/AN/A-26.2%
South AfricaN/A125N/AN/A0%
Others14.83.3N/AN/A-77.7%
Total333702628324-0.9%

Top Suppliers of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) to Australia in 2022:

  1. Taiwan (Chinese) (11.7 tons)
  2. China (6.3 tons)
  3. Vietnam (5.0 tons)
  4. Japan (0.9 tons)
  5. New Zealand (0.8 tons)
  6. South Korea (0.6 tons)

Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Australia

In 2022, after two years of decline, there was decline in shipments abroad of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s, when their volume decreased by 0% to 3 kg. In general, exports faced a sharp reduction. The smallest decline of 99.9% was in 2020.

In value terms, exports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s fell sharply to $70 in 2022. Over the period under review, exports faced a precipitous slump.

Export of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Australia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SingaporeN/AN/A65.035.0-46.2%
New ZealandN/AN/AN/A1.00%
Maldives156N/A8.0N/A-77.4%
OthersN/AN/A65.034.0-47.7%
Total156N/A13870.0-23.4%

Top Export Markets for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) from Australia in 2022:

  1. New Zealand (1.0 kg)
  2. Singapore (1.0 kg)

Source: IndexBox Market Intelligence Platform

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