Price for Fish; Edible Offal, Fish Heads, Tails and Maws in Australia - 2024

Contents:

  1. Price for Fish; Edible Offal, Fish Heads, Tails and Maws in Australia (CIF) - 2022
  2. Price for Fish; Edible Offal, Fish Heads, Tails and Maws in Australia (FOB) - 2022
  3. Imports of Fish; Edible Offal, Fish Heads, Tails and Maws in Australia
  4. Exports of Fish; Edible Offal, Fish Heads, Tails and Maws in Australia

Price for Fish; Edible Offal, Fish Heads, Tails and Maws in Australia (CIF) - 2022

In 2022, the average import price for fish; edible offal, fish heads, tails and mawses amounted to $19,720 per ton, dropping by -2.8% against the previous year. Over the period under review, the import price, however, continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2019 an increase of 113% against the previous year. As a result, import price reached the peak level of $43,210 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

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 ($90,710 per ton), while the price for New Zealand ($7,259 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish; Edible Offal, Fish Heads, Tails and Maws in Australia (FOB) - 2022

The average export price for fish; edible offal, fish heads, tails and mawses stood at $16,960 per ton in 2022, picking up by 35% against the previous year. Overall, the export price, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 53%. The export price peaked at $33,843 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($21,239 per ton), while the average price for exports to Malaysia stood at $9,493 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+24.8%), while the prices for the other major destinations experienced a decline.

Imports of Fish; Edible Offal, Fish Heads, Tails and Maws in Australia

In 2022, the amount of fish; edible offal, fish heads, tails and mawses imported into Australia surged to 99 tons, rising by 219% on 2021. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fish; edible offal, fish heads, tails and mawses surged to $1.9M in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fish; Edible Offal, Fish Heads, Tails and Maws in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore42156049.170718.9%
New Zealand23.4108149583192.1%
China16443627949444.4%
Hong Kong SAR47.612494.414344.3%
VietnamN/A23.428.14.4-56.6%
Others34.641.029.214.0-26.0%
Total6911,2926281,94541.2%

Top Suppliers of Fish; Edible Offal, Fish Heads, Tails and Maws to Australia in 2022:

  1. New Zealand (80.2 tons)
  2. Singapore (7.8 tons)
  3. China (6.2 tons)
  4. Hong Kong SAR (3.3 tons)
  5. Vietnam (0.6 tons)

Exports of Fish; Edible Offal, Fish Heads, Tails and Maws in Australia

In 2022, approx. 1.2 tons of fish; edible offal, fish heads, tails and mawses were exported from Australia; which is down by -38.5% against the previous year. In general, exports recorded a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of 46%.

In value terms, exports of fish; edible offal, fish heads, tails and mawses shrank remarkably to $20K in 2022. Over the period under review, exports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 50%.

Export of Fish; Edible Offal, Fish Heads, Tails and Maws in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Macao SAR37.69.311.315.8-25.1%
MalaysiaN/A0.2N/A1.9208.2%
Hong Kong SAR0.85.09.2N/A239.1%
VietnamN/AN/A1.5N/A0%
Others1.41.31.52.012.6%
Total39.815.823.619.7-20.9%

Top Export Markets for Fish; Edible Offal, Fish Heads, Tails and Maws from Australia in 2022:

  1. Macao SAR (745.0 kg)
  2. Malaysia (201.0 kg)

Source: IndexBox Market Intelligence Platform

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