Australia and Oceania: Fish Parts Market 2024

Fish Parts Market Size in Australia and Oceania

The fish parts market in Australia and Oceania declined to $X in 2022, waning by X% against the previous year. Overall, consumption, however, continues to indicate perceptible growth. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Fish Parts Production in Australia and Oceania

In value terms, fish parts production expanded significantly to $X in 2022 estimated in export price. In general, production, however, showed strong growth. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Fish Parts Exports

Exports in Australia and Oceania

In 2022, shipments abroad of fish heads, tails and maws increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, exports, however, showed a deep slump. The pace of growth appeared the most rapid in 2017 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, fish parts exports contracted modestly to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, New Zealand (X tons) represented the main exporter of fish heads, tails and maws, constituting X% of total exports. It was distantly followed by Papua New Guinea (X tons), constituting a X% share of total exports. Australia (X tons) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to fish parts exports from New Zealand stood at X%. At the same time, Australia (X%) and Papua New Guinea (X%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2022. While the share of Papua New Guinea (X p.p.) and Australia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of New Zealand (X p.p.) displayed negative dynamics.

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

In New Zealand, fish parts exports declined by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Papua New Guinea (X% per year) and Australia (X% per year).

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price, however, showed a prominent increase. The growth pace was the most rapid in 2019 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the other leaders experienced mixed trends in the export price figures.

Fish Parts Imports

Imports in Australia and Oceania

In 2022, purchases abroad of fish heads, tails and maws increased by X% to X tons, rising for the fourth year in a row after two years of decline. In general, imports, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, fish parts imports skyrocketed to $X in 2022. Total imports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia represented the main importing country with an import of around X tons, which finished at X% of total imports. New Zealand (X tons) held the second position in the ranking, followed by Papua New Guinea (X tons). All these countries together held approx. X% share of total imports. Samoa (X tons) followed a long way behind the leaders.

Imports into Australia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Samoa (X%) and Papua New Guinea (X%) displayed positive paces of growth. Moreover, Samoa emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. New Zealand experienced a relatively flat trend pattern. From 2012 to 2022, the share of Australia, Papua New Guinea, New Zealand and Samoa increased by X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported fish heads, tails and maws in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by Samoa, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Australia stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Samoa (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, rising by X% against the previous year. Overall, the import price showed buoyant growth. Over the period under review, import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Samoa (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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