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Australia and Oceania - Fish Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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Australia and Oceania: Overview of the Market for Fish Fats And Oils 2021

Market Size for Fish Fats And Oils in Australia and Oceania

In 2020, the fish fat and oil market in Australia and Oceania increased by X% to $X, rising for the second year in a row after five years of decline. The market value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Fish Fats And Oils in Australia and Oceania

In value terms, fish fat and oil production surged to $X in 2020 estimated in export prices. The total production indicated a temperate increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2018 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Production By Country in Australia and Oceania

Australia (X tonnes) remains the largest fish fat and oil producing country in Australia and Oceania, comprising approx. X% of total volume. Moreover, fish fat and oil production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (X tonnes), fivefold.

From 2007 to 2020, the average annual rate of growth in terms of volume in Australia stood at +X%. In the other countries, the average annual rates were as follows: New Zealand (+X% per year) and Papua New Guinea (+X% per year).

Exports of Fish Fats And Oils

Exports in Australia and Oceania

In 2020, approx. X tonnes of fish fats and oils were exported in Australia and Oceania; declining by -X% compared with 2019. Overall, exports, however, posted moderate growth. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. As a result, exports reached the peak of X tonnes. from 2016 to 2020, the growth exports remained at a lower figure.

In value terms, fish fat and oil exports reduced remarkably to $X in 2020. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. As a result, exports attained the peak of $X. from 2016 to 2020, the growth exports remained at a lower figure.

Exports by Country

New Zealand represented the largest exporter of fish fats and oils in Australia and Oceania, with the volume of exports resulting at X tonnes, which was near X% of total exports in 2020. It was distantly followed by Australia (X tonnes), generating a X% share of total exports. Papua New Guinea (X tonnes) followed a long way behind the leaders.

Exports from New Zealand increased at an average annual rate of +X% from 2007 to 2020. At the same time, Papua New Guinea (+X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +X% from 2007-2020. By contrast, Australia (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of New Zealand and Papua New Guinea increased by +X% and +X% percentage points, while Australia (-X p.p.) saw their share reduced.

In value terms, New Zealand ($X), Australia ($X) and Papua New Guinea ($X) constituted the countries with the highest levels of exports in 2020.

Among the main exporting countries, New Zealand saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2020, the fish fat and oil export price in Australia and Oceania amounted to $X per tonne, almost unchanged from the previous year. Over the period under review, the export price recorded a noticeable contraction. The pace of growth appeared the most rapid in 2012 an increase of X% year-to-year. Over the period under review, export prices attained the maximum at $X per tonne in 2008; however, from 2009 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Australia ($X per tonne), while Papua New Guinea ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by New Zealand, while the other leaders experienced a decline in the export price figures.

Imports of Fish Fats And Oils

Imports in Australia and Oceania

In 2020, supplies from abroad of fish fats and oils decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of X tonnes. from 2019 to 2020, the growth imports remained at a lower figure.

In value terms, fish fat and oil imports amounted to $X in 2020. In general, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, imports hit record highs in 2020 and are expected to retain growth in the immediate term.

Imports by Country

Australia was the largest importing country with an import of around X tonnes, which accounted for X% of total imports. It was distantly followed by New Zealand (X tonnes), committing an X% share of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of fish fats and oils. At the same time, New Zealand (+X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +X% from 2007-2020. While the share of New Zealand (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Australia (-X p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported fish fats and oils in Australia and Oceania, comprising X% of total imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value in Australia totaled +X%.

Import Prices by Country

The fish fat and oil import price in Australia and Oceania stood at $X per tonne in 2020, increasing by X% against the previous year. Import price indicated a buoyant increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, fish fat and oil import price increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2015 an increase of X% y-o-y. As a result, import price attained the peak level of $X per tonne. from 2016 to 2020, the growth in terms of the import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was New Zealand ($X per tonne), while Australia stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Australia.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fish fats and oils in Australia and Oceania?
+
Australia (44K tonnes) constituted the country with the largest volume of fish fat and oil consumption, comprising approx. 83% of total volume. Moreover, fish fat and oil consumption in Australia exceeded the figures recorded by the second-largest consumer, Papua New Guinea (4.5K tonnes), tenfold.
What are the largest producers of fish fats and oils in Australia and Oceania?
+
Australia (32K tonnes) remains the largest fish fat and oil producing country in Australia and Oceania, comprising approx. 74% of total volume. Moreover, fish fat and oil production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (6.7K tonnes), fivefold.
What are the leading suppliers of fish fats and oils in Australia and Oceania?
+
In value terms, the largest fish fat and oil supplying countries in Australia and Oceania were New Zealand ($8.7M), Australia ($4.4M) and Papua New Guinea ($163K).
What are the leading importers of fish fats and oils in Australia and Oceania?
+
In value terms, Australia ($50M) constitutes the largest market for imported fish fats and oils in Australia and Oceania, comprising 74% of total imports. The second position in the ranking was occupied by New Zealand ($17M), with a 25% share of total imports.
What is the average export price for fish fats and oils in Australia and Oceania?
+
In 2020, the fish fat and oil export price in Australia and Oceania amounted to $2,455 per tonne, standing approx. at the previous year.
What is the average import price for fish fats and oils in Australia and Oceania?
+
In 2020, the fish fat and oil import price in Australia and Oceania amounted to $4,214 per tonne, growing by 19% against the previous year.

Product coverage:
• Prodcom 10411200 - Fats and oils and their fractions of fish or marine mammals (excluding chemically modified)

This report provides an in-depth analysis of the market for fish fat and oil in Australia and Oceania. 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 2025.


Country coverage:
• American Samoa
• Cook Islands
• Fiji
• French Polynesia
• Guam
• Kiribati
• Marshall Islands
• Micronesia
• Nauru
• New Caledonia
• Niue
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Australia and Oceania, split by region and country
• Trade (exports and imports) in Australia and Oceania
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Australia
• Cook Islands
• Fiji
• French Polynesia
• Kiribati
• Marshall Islands
• Micronesia
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands
• American Samoa
• Nauru
• Niue
• Guam
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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