Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Australia - 2024

Contents:

  1. Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Australia (CIF) - 2024
  2. Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Australia (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Australia
  4. Exports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Australia

Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Australia (CIF) - 2024

The average import price for fish fillets; frozen, nile perch (lates niloticus)s stood at $5,538 per ton in January 2024, flattening at the previous month. Overall, the import price recorded a perceptible expansion. The import price peaked in January 2024.

As there is only one major supplying country, the average price level is determined by prices for Tanzania.

From January 2023 to January 2024, the rate of growth in terms of prices for Tanzania amounted to +2.2% per month.

Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Australia (FOB) - 2022

In 2022, the average export price for fish fillets; frozen, nile perch (lates niloticus)s amounted to $6,453 per ton, shrinking by -40.8% against the previous year. Over the period under review, the export price showed a mild reduction. The growth pace was the most rapid in 2014 when the average export price increased by 72%. As a result, the export price reached the peak level of $18,630 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Vanuatu.

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +13.0% per year.

Imports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Australia

In 2022, overseas purchases of fish fillets; frozen, nile perch (lates niloticus)s were finally on the rise to reach 93 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a dramatic decrease.

In value terms, imports of fish fillets; frozen, nile perch (lates niloticus)s skyrocketed to $629K in 2022. Overall, imports, however, recorded a precipitous slump.

Import of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania34977.37.062921.7%
Vietnam96265895.9N/A-68.4%
Kenya78.725.27.0N/A-70.2%
Others38.512.1186N/A119.8%
Total1,428773296629-23.9%

Top Suppliers of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) to Australia in 2022:

  1. Tanzania (93.4 tons)

Exports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Australia

In 2022, exports of fish fillets; frozen, nile perch (lates niloticus)s from Australia surged to 307 kg, growing by 18% on the previous year's figure. In general, exports, however, recorded a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year. As a result, the exports attained the peak of 1.5 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of fish fillets; frozen, nile perch (lates niloticus)s shrank dramatically to $2K in 2022. Overall, exports, however, continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2020 when exports increased by 31% against the previous year. As a result, the exports reached the peak of $12K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
VanuatuN/AN/AN/A2.00%
Papua New Guinea9.011.72.3N/A-49.4%
Others0.40.60.5N/A11.8%
Total9.412.32.82.0-40.3%

Top Export Markets for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) from Australia in 2022:

  1. Vanuatu (307.0 kg)

Source: IndexBox Market Intelligence Platform

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