Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Australia - 2023
Contents:
- Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Australia (CIF) - 2022
- Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Australia (FOB) - 2022
- Imports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Australia
- Exports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Australia
Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Australia (CIF) - 2022
The average import price for fish fillets; frozen, toothfish (dissostichus spp.)s stood at $32,654 per ton in 2022, flattening at the previous year. Overall, the import price continues to indicate prominent growth. The pace of growth appeared the most rapid in 2020 an increase of 65%. As a result, import price attained the peak level of $56,171 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($187,193 per ton), while the price for Indonesia stood at $23,005 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+38.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Australia (FOB) - 2022
In 2022, the average export price for fish fillets; frozen, toothfish (dissostichus spp.)s amounted to $51,596 per ton, increasing by 9.2% against the previous year. Overall, export price indicated buoyant growth from 2014 to 2022: its price increased at an average annual rate of +10.6% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when the average export price increased by 52% against the previous year. Over the period under review, the average export prices hit record highs at $53,514 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Singapore ($57,178 per ton) and Italy ($55,864 per ton), while the average price for exports to the United States ($46,836 per ton) and the Netherlands ($50,081 per ton) were amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Australia
In 2022, the amount of fish fillets; frozen, toothfish (dissostichus spp.)s imported into Australia was estimated at 204 tons, remaining relatively unchanged against 2021 figures. Overall, imports enjoyed a significant increase. The smallest decline of -84.8% was in 2020. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of fish fillets; frozen, toothfish (dissostichus spp.)s amounted to $6.7M in 2022. In general, imports continue to indicate significant growth. The smallest decline of -74.9% was in 2020. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 8.7 | 2.6 | N/A | 4,474 | 701.2% |
| New Zealand | 3.9 | 0.9 | N/A | 1,188 | 572.8% |
| Others | 4.4 | 0.7 | N/A | 1,001 | 510.5% |
| Total | 17.0 | 4.3 | N/A | 6,663 | 631.8% |
Top Suppliers of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) to Australia in 2022:
- Indonesia (194.5 tons)
- New Zealand (6.3 tons)
Exports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Australia
In 2022, the amount of fish fillets; frozen, toothfish (dissostichus spp.)s exported from Australia fell to 98 tons, declining by -5.2% against the previous year's figure. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. As a result, the exports attained the peak of 103 tons, and then fell in the following year.
In value terms, exports of fish fillets; frozen, toothfish (dissostichus spp.)s totaled $5M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 43%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 1,312 | 1,325 | 939 | 1,388 | 1.9% |
| China | 436 | 600 | 925 | 1,030 | 33.2% |
| Netherlands | 241 | 157 | 391 | 743 | 45.5% |
| United States | 555 | 461 | 1,270 | 716 | 8.9% |
| United Arab Emirates | 561 | 419 | 639 | 567 | 0.4% |
| Singapore | 37.6 | 35.9 | 79.6 | 318 | 103.7% |
| Italy | 122 | 98.9 | 174 | 195 | 16.9% |
| Thailand | 144 | 112 | 91.3 | 64.7 | -23.4% |
| Others | 251 | 193 | 363 | 20.9 | -56.3% |
| Total | 3,659 | 3,402 | 4,872 | 5,044 | 11.3% |
Top Export Markets for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) from Australia in 2022:
- Hong Kong SAR (26.4 tons)
- China (20.3 tons)
- United States (15.3 tons)
- Netherlands (14.8 tons)
- United Arab Emirates (10.3 tons)
- Singapore (5.6 tons)
- Italy (3.5 tons)
- Thailand (1.2 tons)
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