Australia - Fish Fillets In Batter Or Breadcrumbs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBattered Fish Fillet Price in Australia - 2023
Contents:
- Battered Fish Fillet Price in Australia (CIF) - 2023
- Battered Fish Fillet Price in Australia (FOB) - 2022
- Battered Fish Fillet Imports in Australia
- Battered Fish Fillet Exports in Australia
Battered Fish Fillet Price in Australia (CIF) - 2023
In August 2023, the average battered fish fillet import price amounted to $6,542 per ton, waning by -2.8% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 an increase of 14% m-o-m. As a result, import price reached the peak level of $7,175 per ton. From October 2022 to August 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was New Zealand ($9,327 per ton), while the price for China ($4,621 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+0.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Battered Fish Fillet Price in Australia (FOB) - 2022
In 2022, the average battered fish fillet export price amounted to $2,374 per ton, dropping by -14.2% against the previous year. Over the period under review, the export price showed a abrupt decrease. The growth pace was the most rapid in 2015 when the average export price increased by 46% against the previous year. The export price peaked at $12,297 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for New Zealand.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to -3.2% per year.
Battered Fish Fillet Imports in Australia
For the fourth consecutive year, Australia recorded growth in supplies from abroad of fish fillets in batter or breadcrumbs, which increased by 17% to 13K tons in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +18.0% 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 +64.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, battered fish fillet imports skyrocketed to $86M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.7% 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 +67.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Battered Fish Fillet in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.6 | 14.6 | 22.8 | 31.8 | 32.7% |
| New Zealand | 16.4 | 17.4 | 18.6 | 18.1 | 3.3% |
| Thailand | 7.3 | 9.9 | 9.0 | 14.9 | 26.8% |
| Vietnam | 4.2 | 4.9 | 6.9 | 9.4 | 30.8% |
| Malaysia | 4.2 | 2.8 | 3.7 | 4.8 | 4.6% |
| South Africa | 1.9 | 3.2 | 5.5 | 2.8 | 13.8% |
| Germany | 2.2 | 2.8 | 2.0 | 2.7 | 7.1% |
| Others | 2.0 | 1.5 | 2.0 | 1.8 | -3.5% |
| Total | 51.7 | 57.2 | 70.6 | 86.4 | 18.7% |
Top Suppliers of Battered Fish Fillet to Australia in 2022:
- China (6.2K tons)
- New Zealand (2.2K tons)
- Thailand (1.7K tons)
- Vietnam (1.1K tons)
- Malaysia (0.7K tons)
- South Africa (0.6K tons)
- Germany (0.2K tons)
Battered Fish Fillet Exports in Australia
In 2022, overseas shipments of fish fillets in batter or breadcrumbs decreased by -59.7% to 451 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a notable increase. The pace of growth was the most pronounced in 2020 when exports increased by 130%.
In value terms, battered fish fillet exports declined rapidly to $1.1M in 2022. In general, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 53%. As a result, the exports attained the peak of $3.1M, and then reduced sharply in the following year.
| Export of Battered Fish Fillet in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 1.7 | 2.0 | 3.1 | 1.1 | -13.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.7 | 2.0 | 3.1 | 1.1 | -13.5% |
Top Export Markets for Battered Fish Fillet from Australia in 2022:
- New Zealand (449.4 tons)
This report provides an in-depth analysis of the battered fish fillet market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10202570 - Fish fillets in batter or breadcrumbs including fish fingers (excluding prepared meals and dishes)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In April 2023, the battered fish fillet price amounted to $6,161 per ton (CIF, Australia), remaining stable against the previous month.
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In April 2023, the battered fish fillet price amounted to $6,161 per ton (CIF, Australia), remaining stable against the previous month.
