Live Fish Price in New Zealand - 2023

Contents:

1. Live Fish Price in New Zealand (FOB) - 2022
2. Live Fish Price in New Zealand (CIF) - 2022
3. Live Fish Exports in New Zealand
4. Live Fish Imports in New Zealand

Live Fish Price in New Zealand (FOB) - 2022

The average live fish export price stood at $12,049 per ton in 2022, growing by 5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2015 when the average export price increased by 19%. The export price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were China ($13,460 per ton) and the United Arab Emirates ($12,999 per ton), while the average price for exports to the UK ($9,662 per ton) and the United States ($11,556 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 South Korea (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Live Fish Price in New Zealand (CIF) - 2022

The average live fish import price stood at $32,845 per ton in 2022, increasing by 15% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, live fish import price increased by +38.2% against 2019 indices. The pace of growth was the most pronounced in 2015 an increase of 27% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($35,222 per ton), while the price for Fiji ($9,165 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Live Fish Exports in New Zealand

Live fish exports from New Zealand soared to 103 tons in 2022, jumping by 34% compared with the year before. Over the period under review, exports enjoyed a perceptible increase. The growth pace was the most rapid in 2021 when exports increased by 57% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, live fish exports surged to $1.2M in 2022. In general, exports enjoyed strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 65% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Top Export Markets for Live Fish from New Zealand in 2022:

1. China (48.7 tons)
2. United States (26.1 tons)
3. United Kingdom (25.7 tons)
4. United Arab Emirates (1.9 tons)

Live Fish Imports in New Zealand

In 2022, live fish imports into New Zealand was estimated at 20 tons, surging by 12% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 16%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, live fish imports soared to $645K in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.4% 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 +55.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Live Fish to New Zealand in 2022:

1. Singapore (15.2 tons)
2. Indonesia (1.4 tons)
3. Malaysia (1.0 tons)
4. Sri Lanka (0.8 tons)
5. Fiji (0.5 tons)

Source: IndexBox Market Intelligence Platform