Price for Fish; Live, Ornamental, Other than Freshwater in Australia - 2022
Contents:
- Price for Fish; Live, Ornamental, Other than Freshwater in Australia (FOB) - 2022
- Price for Fish; Live, Ornamental, Other than Freshwater in Australia (CIF) - 2022
- Exports of Fish; Live, Ornamental, Other than Freshwater in Australia
- Imports of Fish; Live, Ornamental, Other than Freshwater in Australia
Price for Fish; Live, Ornamental, Other than Freshwater in Australia (FOB) - 2022
The average export price for fish; live, ornamental, other than freshwater stood at $10,314 per ton in 2022, waning by -6.3% against the previous year. Over the period under review, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish; live, ornamental, other than freshwater decreased by -16.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 62% against the previous year. Over the period under review, the average export prices hit record highs at $12,792 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($23,080 per ton), while the average price for exports to Japan ($7,791 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 the United Arab Emirates (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish; Live, Ornamental, Other than Freshwater in Australia (CIF) - 2022
The average import price for fish; live, ornamental, other than freshwater stood at $19,392 per ton in 2022, with an increase of 78% against the previous year. In general, the import price saw a resilient expansion. As a result, import price attained the peak level and is likely to continue 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 China ($62,691 per ton), while the price for Thailand ($5,308 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish; Live, Ornamental, Other than Freshwater in Australia
Exports of fish; live, ornamental, other than freshwater from Australia surged to 151 tons in 2022, increasing by 52% on the year before. Over the period under review, exports, however, showed a abrupt descent.
In value terms, exports of fish; live, ornamental, other than freshwater soared to $1.6M in 2022. Overall, exports, however, showed a relatively flat trend pattern.
| Export of Fish; Live, Ornamental, Other than Freshwater in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 48.1 | 52.2 | 139 | 488 | 116.5% |
| United States | 531 | 187 | 259 | 305 | -16.9% |
| Hong Kong SAR | 113 | 148 | 216 | 289 | 36.8% |
| Japan | 204 | 154 | 187 | 127 | -14.6% |
| Taiwan (Chinese) | 53.8 | 53.8 | 71.8 | 81.4 | 14.8% |
| South Korea | 103 | 80.0 | 107 | 58.0 | -17.4% |
| Netherlands | 55.5 | 37.0 | 12.3 | 51.0 | -2.8% |
| Singapore | 42.2 | 10.6 | 12.8 | 27.0 | -13.8% |
| Malaysia | 102 | N/A | 5.2 | 24.0 | -38.3% |
| Canada | 52.6 | 7.5 | 1.3 | 9.6 | -43.3% |
| China | 192 | 28.3 | 18.5 | N/A | -69.0% |
| Others | 70.0 | 70.4 | 58.9 | 94.8 | 10.6% |
| Total | 1,568 | 829 | 1,090 | 1,555 | -0.3% |
Top Export Markets for Fish; Live, Ornamental, Other than Freshwater from Australia in 2022:
- Hong Kong SAR (36.4 tons)
- United States (35.9 tons)
- United Arab Emirates (21.2 tons)
- Japan (16.3 tons)
- Taiwan (Chinese) (9.9 tons)
- South Korea (6.9 tons)
- Netherlands (5.9 tons)
- Singapore (3.0 tons)
- Malaysia (2.5 tons)
- Canada (1.2 tons)
Imports of Fish; Live, Ornamental, Other than Freshwater in Australia
In 2022, supplies from abroad of fish; live, ornamental, other than freshwater decreased by -50.2% to 69 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 22% against the previous year.
In value terms, imports of fish; live, ornamental, other than freshwater reduced to $1.3M in 2022. The total import value increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 26%.
| Import of Fish; Live, Ornamental, Other than Freshwater in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 514 | 811 | 746 | 761 | 14.0% |
| Sri Lanka | 60.5 | 71.4 | 321 | 120 | 25.6% |
| Philippines | 77.6 | 40.4 | 48.0 | 85.4 | 3.2% |
| United States | 174 | 154 | 65.7 | 67.8 | -27.0% |
| Malaysia | 155 | 128 | 141 | 64.8 | -25.2% |
| Singapore | 52.4 | 81.2 | 16.7 | 48.6 | -2.5% |
| Fiji | 10.5 | 42.7 | 65.3 | 38.0 | 53.5% |
| Thailand | 14.4 | 36.5 | 26.9 | 16.2 | 4.0% |
| Others | 36.7 | 19.2 | 71.8 | 133 | 53.6% |
| Total | 1,095 | 1,384 | 1,503 | 1,335 | 6.8% |
Top Suppliers of Fish; Live, Ornamental, Other than Freshwater to Australia in 2022:
- Indonesia (43.3 tons)
- Malaysia (5.0 tons)
- Philippines (4.8 tons)
- Sri Lanka (3.4 tons)
- Fiji (3.3 tons)
- Thailand (3.1 tons)
- Singapore (2.0 tons)
- United States (1.2 tons)
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