New Zealand - Inedible Fish Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInedible Fish Products Price in New Zealand - 2023
Contents:
- Inedible Fish Products Price in New Zealand (CIF) - 2023
- Inedible Fish Products Price in New Zealand (FOB) - 2022
- Inedible Fish Products Imports in New Zealand
- Inedible Fish Products Exports in New Zealand
Inedible Fish Products Price in New Zealand (CIF) - 2023
The average inedible fish products import price stood at $1,158 per ton in June 2023, shrinking by -42.5% against the previous month. Over the period under review, the import price saw a perceptible decrease. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 510% against the previous month. Over the period under review, average import prices reached the peak figure at $2,221 per ton in August 2022; however, from September 2022 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($1,708 per ton), while the price for Fiji ($406 per ton) was amongst the lowest.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Japan (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Inedible Fish Products Price in New Zealand (FOB) - 2022
The average inedible fish products export price stood at $1,590 per ton in 2022, with an increase of 23% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 53% against the previous year. As a result, the export price reached the peak level of $2,316 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cook Islands ($2,108 per ton), while the average price for exports to Australia ($947 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Inedible Fish Products Imports in New Zealand
In 2022, after three years of growth, there was significant decline in purchases abroad of inedible fish products, when their volume decreased by -28.5% to 1.8K tons. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 54% against the previous year.
In value terms, inedible fish products imports declined remarkably to $2.9M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.9% 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 +32.8% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 31%.
| Import of Inedible Fish Products in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,070 | 1,147 | 2,444 | 1,683 | 16.3% |
| Malaysia | 298 | 259 | 266 | 535 | 21.5% |
| Chile | N/A | 261 | 243 | 202 | -12.0% |
| Japan | 116 | 130 | 232 | 166 | 12.7% |
| Fiji | 63.7 | 109 | 132 | 120 | 23.5% |
| Belgium | N/A | N/A | 19.5 | 53.6 | 174.9% |
| Australia | 71.6 | 130 | 121 | 52.6 | -9.8% |
| Others | 594 | 869 | 183 | 125 | -40.5% |
| Total | 2,213 | 2,905 | 3,641 | 2,938 | 9.9% |
Top Suppliers of Inedible Fish Products to New Zealand in 2022:
- China (809.9 tons)
- Fiji (330.7 tons)
- Malaysia (292.7 tons)
- Chile (123.2 tons)
- Japan (97.8 tons)
- Australia (36.4 tons)
- Belgium (32.6 tons)
Inedible Fish Products Exports in New Zealand
In 2022, approx. 1.4K tons of inedible fish products were exported from New Zealand; growing by 9.3% compared with 2021. In general, exports, however, recorded a abrupt descent.
In value terms, inedible fish products exports surged to $2.2M in 2022. Over the period under review, exports posted a buoyant increase. The growth pace was the most rapid in 2021 when exports increased by 55%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Inedible Fish Products in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 231 | 268 | 202 | 789 | 50.6% |
| Australia | 924 | 593 | 784 | 646 | -11.2% |
| Germany | N/A | N/A | 24.0 | 156 | 550.0% |
| United States | N/A | 109 | 73.4 | 80.7 | -14.0% |
| Canada | 84.7 | 53.6 | 83.1 | 68.3 | -6.9% |
| Cook Islands | N/A | N/A | 26.8 | 50.6 | 88.8% |
| New Caledonia | 13.7 | 10.1 | 19.1 | 26.6 | 24.8% |
| Others | 136 | 28.5 | 429 | 396 | 42.8% |
| Total | 1,390 | 1,062 | 1,642 | 2,213 | 16.8% |
Top Export Markets for Inedible Fish Products from New Zealand in 2022:
- Australia (681.9 tons)
- Malaysia (431.1 tons)
- Germany (96.5 tons)
- United States (50.0 tons)
- Canada (42.3 tons)
- New Caledonia (26.0 tons)
- Cook Islands (24.0 tons)
This report provides an in-depth analysis of the inedible fish products market in New Zealand. 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 10204200 - Inedible fish products (including fish waste, excluding whalebone and whalebone hair, coral and similar materials, s hells and cuttle-bone, unworked or simply prepared/natural sponges)
Country coverage:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- 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
-
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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