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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

The fish fat and oil market in Australia and Oceania surged to $X in 2020, picking up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained 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. Over the period under review, production saw prominent growth. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Production By Country in Australia and Oceania

Australia (X tonnes) constituted the country with the largest volume of fish fat and oil production, accounting for 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), sevenfold.

In Australia, fish fat and oil production increased at an average annual rate of +X% over the period from 2007-2020. 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, shipments abroad of fish fats and oils increased by X% to X tonnes, rising for the third consecutive year after two years of decline. In general, exports showed a buoyant increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, fish fat and oil exports soared to $X in 2020. Over the period under review, exports recorded a resilient expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia was the key exporter of fish fats and oils in Australia and Oceania, with the volume of exports recording X tonnes, which was approx. X% of total exports in 2020. It was distantly followed by New Zealand (X tonnes), comprising an X% share of total exports.

Australia was also the fastest-growing in terms of the fish fats and oils exports, with a CAGR of +X% from 2007 to 2020. At the same time, New Zealand (+X%) displayed positive paces of growth. Australia (+X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, Australia ($X) emerged as the largest fish fat and oil supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total exports.

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

Export Prices by Country

In 2020, the fish fat and oil export price in Australia and Oceania amounted to $X per tonne, surging by X% against the previous year. Overall, the export price, however, saw a pronounced downturn. The pace of growth appeared the most rapid in 2012 an increase of X% y-o-y. Over the period under review, export prices reached the maximum at $X per tonne in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

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

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

Imports of Fish Fats And Oils

Imports in Australia and Oceania

After two years of growth, overseas purchases of fish fats and oils decreased by -X% to X tonnes in 2020. Total imports indicated slight growth from 2007 to 2020: its volume 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, imports increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2014 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at X tonnes in 2019, and then dropped slightly in the following year.

In value terms, fish fat and oil imports stood at $X in 2020. Over the period under review, imports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2018 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure in 2020 and are expected to retain growth in years to come.

Imports by Country

Australia prevails in fish fat and oil imports structure, accounting for X tonnes, which was approx. X% of total imports in 2020. It was distantly followed by New Zealand (X tonnes), committing a X% share of total imports.

From 2007 to 2020, average annual rates of growth with regard to fish fat and oil imports into Australia stood at +X%. 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. From 2007 to 2020, the share of New Zealand increased by +X% percentage points, while Australia (-X p.p.) saw their share reduced.

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.

In Australia, fish fat and oil imports expanded at an average annual rate of +X% over the period from 2007-2020.

Import Prices by Country

In 2020, the fish fat and oil import price in Australia and Oceania amounted to $X per tonne, increasing by X% against the previous year. Import price indicated a temperate expansion 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 decreased by -X% against 2018 indices. The growth pace was the most rapid in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per tonne; afterwards, it flattened through to 2020.

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 AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fish fats and oils in Australia and Oceania?
+
Australia (47K 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, New Zealand (4.8K tonnes), tenfold.
What are the largest producers of fish fats and oils in Australia and Oceania?
+
Australia (48K tonnes) constituted the country with the largest volume of fish fat and oil production, comprising approx. 80% of total volume. Moreover, fish fat and oil production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (7.1K tonnes), sevenfold.
What are the leading exporters of fish fats and oils in Australia and Oceania?
+
In value terms, Australia ($63M) emerged as the largest fish fat and oil supplier in Australia and Oceania, comprising 88% of total exports. The second position in the ranking was occupied by New Zealand ($8.7M), with a 12% share of total exports.
What are the leading importers of fish fats and oils in Australia and Oceania?
+
In value terms, Australia ($52M) constitutes the largest market for imported fish fats and oils in Australia and Oceania, comprising 75% of total imports. The second position in the ranking was occupied by New Zealand ($17M), with a 24% 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 $3,122 per tonne, surging by 13% against the previous year.
What is the average import price for fish fats and oils in Australia and Oceania?
+
The fish fat and oil import price in Australia and Oceania stood at $3,676 per tonne in 2020, growing by 14% 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 (Federated States of)
• 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 (Federated States of)
• 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 2025
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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