Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in New Zealand - 2022

Contents:

  1. Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in New Zealand (FOB) - 2022
  2. Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in New Zealand (CIF) - 2022
  3. Exports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in New Zealand
  4. Imports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in New Zealand

Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in New Zealand (FOB) - 2022

The average export price for fish; toothfish (dissostichus spp.), frozen, other than filletses stood at $3,350 per ton in 2022, with a decrease of -57.4% against the previous year. In general, the export price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2015 an increase of 52%. The export price peaked at $10,604 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tonga ($5,611 per ton), while the average price for exports to Japan stood at $3,256 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in New Zealand (CIF) - 2022

In 2022, the average import price for fish; toothfish (dissostichus spp.), frozen, other than filletses amounted to $14,357 per ton, surging by 50% against the previous year. Over the period under review, the import price posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 188% against the previous year. Over the period under review, average import prices hit record highs at $41,619 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +13.3% per year.

Exports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in New Zealand

For the third year in a row, New Zealand recorded decline in shipments abroad of fish; toothfish (dissostichus spp.), frozen, other than filletses, which decreased by -9.7% to 7.2 tons in 2022. In general, exports faced a precipitous descent.

In value terms, exports of fish; toothfish (dissostichus spp.), frozen, other than filletses declined markedly to $24K in 2022. Overall, exports faced a significant curtailment. The smallest decline of -38% was in 2020.

Export of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1.51.11.022.6147.0%
TongaN/AN/AN/A1.60%
China4.94.35.1N/A2.0%
United States14787.352.9N/A-40.0%
Canada6.23.01.0N/A-59.8%
Others3.65.73.0N/A-8.7%
Total16410163.024.2-47.2%

Top Export Markets for Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets from New Zealand in 2022:

  1. Japan (6.9 tons)
  2. Tonga (0.3 tons)

Imports of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in New Zealand

In 2022, purchases abroad of fish; toothfish (dissostichus spp.), frozen, other than filletses decreased by -33% to 361 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +3.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51%. As a result, imports attained the peak of 539 kg, and then shrank remarkably in the following year.

In value terms, imports of fish; toothfish (dissostichus spp.), frozen, other than filletses totaled $5.2K in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 202% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia5.11.75.25.20.6%
OthersN/AN/AN/AN/A0%
Total5.11.75.25.20.6%

Top Suppliers of Fish; Toothfish (Dissostichus Spp.), Frozen, Other than Fillets to New Zealand in 2022:

  1. Australia (361.0 kg)

Source: IndexBox Market Intelligence Platform

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