Australia - Mackerel (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Mackerel Price in Australia - 2023
Contents:
- Preserved Mackerel Price in Australia (CIF) - 2023
- Preserved Mackerel Price in Australia (FOB) - 2022
- Preserved Mackerel Imports in Australia
- Preserved Mackerel Exports in Australia
Preserved Mackerel Price in Australia (CIF) - 2023
In July 2023, the average preserved mackerel import price amounted to $5,616 per ton, rising by 59% against the previous month. Over the period under review, import price indicated a mild expansion from July 2022 to July 2023: its price increased at an average monthly rate of +1.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, preserved mackerel import price increased by +72.6% against May 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was France ($8,642 per ton), while the price for China ($2,251 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Fiji (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Mackerel Price in Australia (FOB) - 2022
The average preserved mackerel export price stood at $2,889 per ton in 2022, shrinking by -63.8% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 249% against the previous year. As a result, the export price attained the peak level of $7,969 per ton, and then declined dramatically in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($3,504 per ton), while the average price for exports to New Zealand ($2,839 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 Cote d'Ivoire (+59.5%), while the prices for the other major destinations experienced a decline.
Preserved Mackerel Imports in Australia
In 2022, the amount of mackerel (prepared or preserved) imported into Australia soared to 1.9K tons, growing by 47% against 2021 figures. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, preserved mackerel imports soared to $7.7M in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Preserved Mackerel in Australia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 2,698 | 2,533 | 1,793 | 3,093 | 4.7% |
United Kingdom | 963 | 1,111 | 1,165 | 1,374 | 12.6% |
China | 188 | 221 | 306 | 602 | 47.4% |
Japan | 436 | 555 | 851 | 599 | 11.2% |
Malaysia | 432 | 441 | 326 | 594 | 11.2% |
Fiji | 93.3 | 37.9 | 85.3 | 167 | 21.4% |
Poland | 825 | 641 | 544 | 148 | -43.6% |
Chile | 156 | 256 | 50.7 | 129 | -6.1% |
Others | 711 | 1,051 | 662 | 985 | 11.5% |
Total | 6,502 | 6,845 | 5,784 | 7,691 | 5.8% |
Top Suppliers of Preserved Mackerel to Australia in 2022:
- Thailand (970.6 tons)
- China (248.7 tons)
- United Kingdom (190.1 tons)
- Malaysia (135.2 tons)
- Japan (61.3 tons)
- Chile (60.5 tons)
- Fiji (38.0 tons)
- Poland (19.1 tons)
Preserved Mackerel Exports in Australia
In 2022, exports of mackerel (prepared or preserved) from Australia fell dramatically to 4.8 tons, shrinking by -78.2% on 2021 figures. Over the period under review, exports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year.
In value terms, preserved mackerel exports shrank markedly to $14K in 2022. In general, exports recorded a sharp shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 365%. As a result, the exports reached the peak of $175K, and then reduced sharply in the following year.
Export of Preserved Mackerel in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 14.0 | 35.1 | 34.6 | 12.6 | -3.5% |
Nauru | N/A | N/A | 0.5 | 0.6 | 20.0% |
Taiwan (Chinese) | N/A | N/A | N/A | 0.5 | 0% |
Fiji | 40.1 | N/A | N/A | N/A | 0% |
Thailand | 18.4 | 2.0 | N/A | N/A | -89.1% |
Italy | N/A | N/A | 17.1 | N/A | 0% |
Others | N/A | 0.4 | 122 | 0.2 | -29.3% |
Total | 72.5 | 37.6 | 175 | 13.8 | -42.5% |
Top Export Markets for Preserved Mackerel from Australia in 2022:
- New Zealand (4.4 tons)
- Nauru (0.2 tons)
- Taiwan (Chinese) (0.1 tons)
This report provides an in-depth analysis of the preserved mackerel 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 10202550 - Prepared or preserved mackerel, whole or in pieces (excluding minced products and 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
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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 July 2023, the price of Preserved Mackerel increased by 59% to $5,616 per ton (CIF, Australia) compared to the previous month.
The price of Preserved Anchovies in Australia dropped by -23.6% from the previous month, reaching $11,446 per ton (CIF) in July 2023.
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In July 2023, the price of Preserved Mackerel increased by 59% to $5,616 per ton (CIF, Australia) compared to the previous month.