Report Update: May 1, 2024

Australia - Flours, Meals And Pellets Of Fish - Market Analysis, Forecast, Size, Trends And Insights

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Price for Fish Meals and Pellet in Australia - 2023

Price for Fish Meals and Pellet in Australia (FOB) - 2022

The average fish meals and pellet export price stood at $92,438 per ton in 2022, picking up by 2.1% against the previous year. Overall, the export price showed prominent growth. The pace of growth appeared the most rapid in 2017 an increase of 284% against the previous year. Over the period under review, the average export prices hit record highs at $94,113 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +1.9% per year.

Price for Fish Meals and Pellet in Australia (CIF) - 2022

The average fish meals and pellet import price stood at $14,561 per ton in 2022, standing approx. at the previous year. Overall, the import price saw a buoyant increase. The pace of growth appeared the most rapid in 2017 an increase of 60%. The import price peaked at $18,304 per ton in 2020; however, from 2021 to 2022, 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 Taiwan (Chinese) ($21,486 per ton), while the price for Thailand ($9,739 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fish Meals and Pellet in Australia

In 2022, approx. 9.6 tons of flours, meals and pellets of fish were exported from Australia; falling by -1.5% compared with the previous year. Overall, exports faced a dramatic contraction. The growth pace was the most rapid in 2021 when exports increased by 3.8%.

In value terms, fish meals and pellet exports stood at $889K in 2022. Over the period under review, exports showed a pronounced contraction. The pace of growth was the most pronounced in 2021 when exports increased by 18%.

Export of Fish Meals and Pellet in Australia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	992	746	884	889	-3.6%
Germany	28.7	N/A	N/A	N/A	0%
Others	1.6	0.9	1.0	N/A	-20.9%
Total	1,022	747	885	889	-4.5%

Top Export Markets for Fish Meals and Pellet from Australia in 2022:

Japan (9.6 tons)

Imports of Fish Meals and Pellet in Australia

Fish meals and pellet imports into Australia stood at 42 tons in 2022, remaining stable against 2021. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 74%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, fish meals and pellet imports amounted to $618K in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.4% 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 +42.2% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 38%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Import of Fish Meals and Pellet in Australia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	290	299	404	416	12.8%
China	13.0	68.0	125	128	114.3%
Taiwan (Chinese)	11.7	28.5	33.5	34.5	43.4%
Norway	23.8	27.3	28.4	29.2	7.1%
Thailand	3.9	8.0	6.5	6.7	19.8%
Sri Lanka	N/A	N/A	10.6	N/A	0%
Greece	32.1	N/A	2.5	N/A	-72.1%
Malaysia	6.8	N/A	N/A	N/A	0%
Others	53.6	14.2	5.1	4.2	-57.2%
Total	435	445	615	618	12.4%

Top Suppliers of Fish Meals and Pellet to Australia in 2022:

Japan (29.9 tons)
China (7.7 tons)
Norway (2.4 tons)
Taiwan (Chinese) (1.6 tons)
Thailand (0.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for fish meals and pellet 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 10202200 - Flours, meals and pellets of fish, fit for human consumption, f ish livers and roes, dried, smoked, salted or in brine

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023