Australia and Oceania: Market for Fresh Or Chilled Salmonoids Fillets 2024

Market Size for Fresh Or Chilled Salmonoids Fillets in Australia and Oceania

The market for fresh or chilled salmonoids fillets in Australia and Oceania totaled $X in 2022, surging by X% against the previous year. The total consumption indicated tangible growth 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. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Fresh Or Chilled Salmonoids Fillets in Australia and Oceania

In value terms, fresh or chilled salmonoids fillets production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

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Exports of Fresh Or Chilled Salmonoids Fillets

Exports in Australia and Oceania

In 2022, overseas shipments of fresh or chilled salmonoids fillets increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a prominent increase. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, fresh or chilled salmonoids fillets exports surged to $X in 2022. Over the period under review, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Australia prevails in exports structure, finishing at X tons, which was near X% of total exports in 2022. Fiji (X tons) followed a long way behind the leaders.

Exports from Australia increased at an average annual rate of X% from 2012 to 2022. At the same time, Fiji (X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2022. While the share of Fiji (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Australia (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest fresh or chilled salmonoids fillets supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by Fiji ($X), with a X% share of total exports.

In Australia, fresh or chilled salmonoids fillets exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, declining by X% against the previous year. Overall, the export price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then fell markedly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Fiji ($X per ton), while Australia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Fiji (X%).

Imports of Fresh Or Chilled Salmonoids Fillets

Imports in Australia and Oceania

In 2022, overseas purchases of fresh or chilled salmonoids fillets increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports continue to indicate pronounced growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, fresh or chilled salmonoids fillets imports soared to $X in 2022. In general, imports saw strong growth. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Fiji was the key importing country with an import of about X tons, which accounted for X% of total imports. Marshall Islands (X kg) took the second position in the ranking, followed by Australia (X kg), Northern Mariana Islands (X kg), Papua New Guinea (X kg) and Palau (X kg). All these countries together held approx. X% share of total imports. New Caledonia (X kg) held a minor share of total imports.

Imports into Fiji increased at an average annual rate of X% from 2012 to 2022. At the same time, Marshall Islands (X%), Papua New Guinea (X%), Northern Mariana Islands (X%), Australia (X%), Palau (X%) and New Caledonia (X%) displayed positive paces of growth. Moreover, Marshall Islands emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Marshall Islands, Papua New Guinea and Northern Mariana Islands increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Fiji ($X) constitutes the largest market for imported fresh or chilled salmonoids fillets in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by Papua New Guinea ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

In Fiji, fresh or chilled salmonoids fillets imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Papua New Guinea (X% per year) and Australia (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, rising by X% against the previous year. Import price indicated slight growth from 2012 to 2022: its price 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. Based on 2022 figures, fresh or chilled salmonoids fillets import price decreased by X% against 2019 indices. The growth pace was the most rapid in 2014 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Papua New Guinea ($X per ton), while Marshall Islands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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