Price for Fish; Live, Ornamental, Freshwater in Australia - 2023
Contents:
- Price for Fish; Live, Ornamental, Freshwater in Australia (CIF) - 2022
- Price for Fish; Live, Ornamental, Freshwater in Australia (FOB) - 2022
- Imports of Fish; Live, Ornamental, Freshwater in Australia
- Exports of Fish; Live, Ornamental, Freshwater in Australia
Price for Fish; Live, Ornamental, Freshwater in Australia (CIF) - 2022
In 2022, the average fish; live, ornamental, freshwater import price amounted to $60,083 per ton, growing by 2.2% against the previous year. Over the period under review, the import price enjoyed a resilient increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 277% against the previous year. The import price peaked at $80,409 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Thailand ($66,642 per ton) and Singapore ($62,242 per ton), while the price for Indonesia ($56,493 per ton) and Malaysia ($58,157 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish; Live, Ornamental, Freshwater in Australia (FOB) - 2022
In 2022, the average fish; live, ornamental, freshwater export price amounted to $121,148 per ton, picking up by 31% against the previous year. Overall, the export price saw prominent growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 138% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Japan ($123,737 per ton) and Malaysia ($121,197 per ton), while the average price for exports to Vanuatu ($120,375 per ton) and Hong Kong SAR ($121,121 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+48.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish; Live, Ornamental, Freshwater in Australia
In 2022, overseas purchases of fish; live, ornamental, freshwater decreased by -7.8% to 91 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 62%.
In value terms, fish; live, ornamental, freshwater imports contracted to $5.5M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 39% against the previous year.
| Import of Fish; Live, Ornamental, Freshwater in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 1,132 | 1,638 | 2,211 | 2,098 | 22.8% |
| Indonesia | 998 | 1,711 | 1,584 | 1,604 | 17.1% |
| Thailand | 488 | 578 | 565 | 651 | 10.1% |
| Sri Lanka | 330 | 327 | 501 | 617 | 23.2% |
| Malaysia | 322 | 741 | 632 | 448 | 11.6% |
| China | 341 | 193 | 203 | 69.1 | -41.3% |
| Myanmar | N/A | N/A | 128 | N/A | 0% |
| Others | 121 | N/A | N/A | N/A | 0% |
| Total | 3,732 | 5,186 | 5,824 | 5,487 | 13.7% |
Top Suppliers of Fish; Live, Ornamental, Freshwater to Australia in 2022:
- Singapore (33.7 tons)
- Indonesia (28.4 tons)
- Sri Lanka (10.6 tons)
- Thailand (9.8 tons)
- Malaysia (7.7 tons)
- China (1.2 tons)
Exports of Fish; Live, Ornamental, Freshwater in Australia
In 2022, shipments abroad of fish; live, ornamental, freshwater increased by 12% to 1.5 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a dramatic contraction.
In value terms, fish; live, ornamental, freshwater exports skyrocketed to $184K in 2022. Over the period under review, exports, however, recorded a sharp setback.
| Export of Fish; Live, Ornamental, Freshwater in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 36.2 | 46.2 | 9.8 | 93.4 | 37.2% |
| Singapore | 21.0 | 5.4 | 8.1 | 47.6 | 31.4% |
| Malaysia | 57.5 | 8.5 | 10.6 | 33.2 | -16.7% |
| Vanuatu | N/A | N/A | 3.3 | 7.7 | 133.3% |
| Japan | 30.1 | 9.8 | 49.5 | 2.4 | -57.0% |
| United Kingdom | 23.1 | 21.0 | N/A | N/A | -9.1% |
| United Arab Emirates | 28.7 | 9.4 | 41.0 | N/A | 19.5% |
| Taiwan (Chinese) | 85.3 | 7.4 | N/A | N/A | -91.3% |
| United States | 27.8 | N/A | 3.4 | N/A | -65.0% |
| Others | 50.7 | 11.4 | N/A | N/A | -77.5% |
| Total | 360 | 119 | 126 | 184 | -20.0% |
Top Export Markets for Fish; Live, Ornamental, Freshwater from Australia in 2022:
- Hong Kong SAR (771.0 kg)
- Singapore (393.0 kg)
- Malaysia (274.0 kg)
- Vanuatu (64.0 kg)
- Japan (19.0 kg)
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