Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Australia - 2022
Contents:
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Australia (CIF) - 2022
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Australia (FOB) - 2022
- Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Australia
- Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Australia
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Australia (CIF) - 2022
In 2022, the average import price for edible products of animal origin; not elsewhere specified or includeds amounted to $127,798 per ton, surging by 9.6% against the previous year. Over the period under review, the import price recorded a buoyant expansion. The growth pace was the most rapid in 2017 an increase of 126% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($829,951 per ton), while the price for Taiwan (Chinese) ($2,527 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Australia (FOB) - 2022
The average export price for edible products of animal origin; not elsewhere specified or includeds stood at $14,525 per ton in 2022, declining by -10.2% against the previous year. Over the period under review, the export price, however, continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 382%. Over the period under review, the average export prices attained the maximum at $30,887 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($49,001 per ton), while the average price for exports to New Zealand ($2,836 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 Germany (+37.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Australia
For the third consecutive year, Australia recorded decline in purchases abroad of edible products of animal origin; not elsewhere specified or includeds, which decreased by -0.5% to 75 tons in 2022. Over the period under review, imports showed a abrupt decline.
In value terms, imports of edible products of animal origin; not elsewhere specified or includeds totaled $9.6M in 2022. Overall, imports continue to indicate a relatively flat trend pattern.
| Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.0 | 5.1 | 3.9 | 4.5 | -9.1% |
| Indonesia | 2.3 | 2.9 | 3.5 | 3.5 | 15.0% |
| Vietnam | 0.1 | 0.1 | 0.3 | 0.6 | 81.7% |
| Singapore | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| New Zealand | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Hong Kong SAR | N/A | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | N/A | N/A | N/A | N/A | 0% |
| Others | 1.0 | 0.5 | 0.9 | 0.7 | -11.2% |
| Total | 9.6 | 8.7 | 8.8 | 9.6 | 0.0% |
Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Australia in 2022:
- China (49.5 tons)
- Vietnam (6.1 tons)
- Taiwan (Chinese) (4.6 tons)
- Indonesia (4.3 tons)
- Singapore (3.8 tons)
- New Zealand (3.5 tons)
- Hong Kong SAR (1.5 tons)
Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Australia
In 2022, approx. 65 tons of edible products of animal origin; not elsewhere specified or includeds were exported from Australia; waning by -56.3% compared with the year before. In general, exports saw a precipitous decline. The growth pace was the most rapid in 2021 when exports increased by 11%.
In value terms, exports of edible products of animal origin; not elsewhere specified or includeds shrank markedly to $947K in 2022. Over the period under review, exports saw a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 15%.
| Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 2,420 | 1,171 | 1,561 | 671 | -34.8% |
| New Zealand | 16.5 | N/A | 36.1 | 111 | 88.8% |
| Sri Lanka | N/A | N/A | N/A | 83.4 | 0% |
| China | 191 | 71.8 | 173 | 30.3 | -45.9% |
| Hong Kong SAR | 30.9 | 8.9 | 8.7 | 12.0 | -27.0% |
| Germany | 267 | N/A | 239 | N/A | -5.4% |
| Japan | 326 | 728 | 75.0 | N/A | -52.0% |
| Indonesia | 28.6 | 98.3 | 117 | N/A | 102.3% |
| Philippines | 225 | N/A | 50.3 | N/A | -52.7% |
| Others | 92.6 | 25.7 | 155 | 39.8 | -24.5% |
| Total | 3,597 | 2,103 | 2,415 | 947 | -35.9% |
Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from Australia in 2022:
- New Zealand (39.1 tons)
- South Korea (13.7 tons)
- Sri Lanka (5.9 tons)
- China (3.0 tons)
- Hong Kong SAR (1.4 tons)
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