Price for Smoked Fish, Incl. Fillets in Australia - 2023
Contents:
- Price for Smoked Fish, Incl. Fillets in Australia (CIF) - 2022
- Price for Smoked Fish, Incl. Fillets in Australia (FOB) - 2022
- Imports of Smoked Fish, Incl. Fillets in Australia
- Exports of Smoked Fish, Incl. Fillets in Australia
Price for Smoked Fish, Incl. Fillets in Australia (CIF) - 2022
In 2022, the average smoked fish, incl. fillets import price amounted to $12,021 per ton, with an increase of 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2018 an increase of 31%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($23,219 per ton), while the price for South Africa ($5,025 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Smoked Fish, Incl. Fillets in Australia (FOB) - 2022
The average smoked fish, incl. fillets export price stood at $19,826 per ton in 2022, waning by -14.1% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 90%. As a result, the export price attained the peak level of $33,178 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Papua New Guinea ($24,507 per ton), while the average price for exports to Vietnam ($18,802 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 Papua New Guinea (+4.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Smoked Fish, Incl. Fillets in Australia
In 2022, approx. 1.3K tons of smoked fish, incl. fillets were imported into Australia; picking up by 11% against the previous year's figure. The total import volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, smoked fish, incl. fillets imports soared to $16M in 2022. The total import value increased at an average annual rate of +4.8% from 2019 to 2022; 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.
| Import of Smoked Fish, Incl. Fillets in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 5.1 | 6.0 | 4.0 | 6.1 | 6.1% |
| Norway | 5.1 | 2.2 | 3.9 | 5.0 | -0.7% |
| South Africa | 2.5 | 3.3 | 3.3 | 3.4 | 10.8% |
| Germany | N/A | N/A | N/A | 0.6 | 0% |
| Philippines | 0.2 | 0.2 | 0.5 | 0.3 | 14.5% |
| Thailand | 0.3 | 0.3 | 0.2 | 0.2 | -12.6% |
| Others | 0.6 | 0.5 | 0.2 | 0.3 | -20.6% |
| Total | 13.8 | 12.4 | 12.2 | 15.9 | 4.8% |
Top Suppliers of Smoked Fish, Incl. Fillets to Australia in 2022:
- South Africa (670.4 tons)
- Denmark (282.7 tons)
- Norway (262.6 tons)
- Philippines (33.6 tons)
- Germany (26.0 tons)
- Thailand (16.0 tons)
Exports of Smoked Fish, Incl. Fillets in Australia
In 2022, the amount of smoked fish, incl. fillets exported from Australia declined markedly to 1 tons, falling by -24.1% against the year before. Over the period under review, exports saw a dramatic downturn. The smallest decline of -19.1% was in 2020.
In value terms, smoked fish, incl. fillets exports contracted rapidly to $20K in 2022. Overall, exports recorded a significant decline. The growth pace was the most rapid in 2020 when exports increased by 38% against the previous year. As a result, the exports attained the peak of $109K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Smoked Fish, Incl. Fillets in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | 2.8 | 7.0 | 13.8 | 122.0% |
| Papua New Guinea | N/A | 1.9 | 1.3 | 3.5 | 35.7% |
| Brunei Darussalam | N/A | 5.8 | 7.9 | 2.6 | -33.0% |
| Hong Kong SAR | 37.4 | 95.5 | 12.9 | N/A | -41.3% |
| Thailand | 25.8 | N/A | N/A | N/A | 0% |
| Malaysia | 13.3 | 2.5 | N/A | N/A | -81.2% |
| Others | 2.4 | 0.5 | 1.3 | N/A | -26.4% |
| Total | 78.8 | 109 | 30.5 | 19.9 | -36.8% |
Top Export Markets for Smoked Fish, Incl. Fillets from Australia in 2022:
- Vietnam (732.0 kg)
- Papua New Guinea (142.0 kg)
- Brunei Darussalam (128.0 kg)
345
This report provides an in-depth analysis of the market for smoked fish other than salmon and herring in Australia.
360
This report provides an in-depth analysis of the market for dried or smoked fish in Australia.
216
This report provides an in-depth analysis of the market for cod, salted or in brine in Australia.
200
This report provides an in-depth analysis of the market for herring, salted or in brine in Australia.
139
This report provides an in-depth analysis of the market for dried cod, whether or not salted in Australia.
444
This report provides an in-depth analysis of the market for dried or salted fish in Australia.
639
This report provides an in-depth analysis of the smoked salmon market in Australia.
399
This report provides an in-depth analysis of the smoked herring market in Australia.
323
This report provides an in-depth analysis of the market for fish meals and pellet in Australia.
468
This report provides an in-depth analysis of the fish parts market in Australia.
808
In August 2022, the smoked salmon price amounted to $20.0 per kg (CIF, Australia), rising by 31% against the previous month.
808
In August 2022, the smoked salmon price amounted to $20.0 per kg (CIF, Australia), rising by 31% against the previous month.
