Australia and Oceania: Market for Dried Cod, Whether Or Not Salted 2021

Market Size for Dried Cod, Whether Or Not Salted in Australia and Oceania

In 2019, the market for dried cod, whether or not salted in Australia and Oceania increased by X% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. From 2011 to 2019, the growth of the market remained at a lower figure.

Production of Dried Cod, Whether Or Not Salted in Australia and Oceania

In value terms, production of dried cod, whether or not salted amounted to $X in 2019 estimated in export prices. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. From 2011 to 2019, production growth failed to regain the momentum.

Production By Country in Australia and Oceania

Papua New Guinea (X tons) remains the largest dried cod, whether or not salted producing country in Australia and Oceania, comprising approx. X% of total volume.

From 2007 to 2019, the average annual rate of growth in terms of volume in Papua New Guinea stood at -X%.

Exports of Dried Cod, Whether Or Not Salted

Exports in Australia and Oceania

In 2019, after three years of decline, there was significant growth in overseas shipments of dried cod, whether or not salted, when their volume increased by X% to X kg. In general, exports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. As a result, exports reached the peak of X tons. From 2011 to 2019, the growth of exports failed to regain the momentum.

In value terms, exports of dried cod, whether or not salted surged to $X in 2019. Overall, exports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. From 2011 to 2019, the growth of exports remained at a lower figure.

Exports by Country

The biggest shipments were from Australia (X kg), together recording X% of total export.

Australia was also the fastest-growing in terms of the dried cod, whether or not salted exports, with a CAGR of -X% from 2007 to 2019. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest dried cod, whether or not salted supplier in Australia and Oceania.

From 2007 to 2019, the average annual rate of growth in terms of value in Australia amounted to -X%.

Export Prices by Country

The export price for dried cod, whether or not salted in Australia and Oceania stood at $X per ton in 2019, increasing by X% against the previous year. In general, the export price continues to indicate a moderate increase. The growth pace was the most rapid in 2017 an increase of X% y-o-y. The level of export peaked in 2019 and is expected to retain growth in the immediate term.

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

From 2007 to 2019, the rate of growth in terms of prices for Australia amounted to +X% per year.

Imports of Dried Cod, Whether Or Not Salted

Imports in Australia and Oceania

Imports of dried cod, whether or not salted contracted sharply to X tons in 2019, shrinking by -X% against 2018 figures. Overall, imports recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tons in 2009; however, from 2010 to 2019, imports stood at a somewhat lower figure.

In value terms, imports of dried cod, whether or not salted totaled $X in 2019. In general, imports recorded a mild decrease. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2009; however, from 2010 to 2019, imports failed to regain the momentum.

Imports by Country

Australia prevails in imports of dried cod, whether or not salted structure, recording X tons, which was near X% of total imports in 2019. New Caledonia (X tons) followed a long way behind the leaders.

Imports into Australia decreased at an average annual rate of -X% from 2007 to 2019. At the same time, New Caledonia (+X%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +X% from 2007-2019. New Caledonia (+X p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by -X% from 2007 to 2019, respectively.

In value terms, Australia ($X) constitutes the largest market for imported dried cod, whether or not salted in Australia and Oceania, comprising X% of total imports. The second position in the ranking was occupied by New Caledonia ($X), with a X% share of total imports.

In Australia, imports of dried cod, whether or not salted plunged by an average annual rate of -X% over the period from 2007-2019.

Import Prices by Country

The import price for dried cod, whether or not salted in Australia and Oceania stood at $X per ton in 2019, surging by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2012 an increase of X% y-o-y. As a result, import price attained the peak level of $X per ton. From 2013 to 2019, the growth in terms of the import prices failed to regain the momentum.

Average prices varied noticeably amongst the major importing countries. In 2019, the country with the highest price was Australia ($X per ton), while New Caledonia stood at $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Australia.

Source: IndexBox Platform

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