Price for Fish; Live, Ornamental, Freshwater in New Zealand - 2023
Contents:
- Price for Fish; Live, Ornamental, Freshwater in New Zealand (CIF) - 2022
- Imports of Fish; Live, Ornamental, Freshwater in New Zealand
Price for Fish; Live, Ornamental, Freshwater in New Zealand (CIF) - 2022
The average fish; live, ornamental, freshwater import price stood at $35,720 per ton in 2022, picking up by 9.3% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fish; live, ornamental, freshwater import price increased by +41.9% against 2019 indices. The growth pace was the most rapid in 2015 when the average import price increased by 42%. Over the period under review, average import prices hit record highs 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 Taiwan (Chinese) ($99,907 per ton), while the price for Sri Lanka ($20,040 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fish; Live, Ornamental, Freshwater in New Zealand
In 2022, imports of fish; live, ornamental, freshwater into New Zealand skyrocketed to 11 tons, rising by 24% on the year before. The total import volume increased at an average annual rate of +7.8% 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.
In value terms, fish; live, ornamental, freshwater imports skyrocketed to $378K in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.1% 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 +77.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Fish; Live, Ornamental, Freshwater in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 190 | 211 | 269 | 315 | 18.4% |
Taiwan (Chinese) | N/A | N/A | N/A | 27.0 | 0% |
Malaysia | N/A | N/A | 3.6 | 15.7 | 336.1% |
Sri Lanka | 10.1 | 6.5 | 6.2 | 12.4 | 7.1% |
Indonesia | 12.2 | 3.5 | N/A | 7.9 | -13.5% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 213 | 221 | 279 | 378 | 21.1% |
Top Suppliers of Fish; Live, Ornamental, Freshwater to New Zealand in 2022:
- Singapore (8.8 tons)
- Malaysia (0.8 tons)
- Sri Lanka (0.6 tons)
- Taiwan (Chinese) (0.3 tons)
- Indonesia (0.1 tons)
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