Australia and Oceania: Market for Frozen, Dried And Smoked Fish 2024

Market Size for Frozen, Dried And Smoked Fish in Australia and Oceania

The market for frozen, dried and smoked fish in Australia and Oceania was estimated at $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Frozen, Dried And Smoked Fish in Australia and Oceania

In value terms, frozen, dried and smoked fish production declined modestly to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

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Exports of Frozen, Dried And Smoked Fish

Exports in Australia and Oceania

In 2022, the amount of frozen, dried and smoked fish exported in Australia and Oceania reduced to X tons, shrinking by X% compared with 2021 figures. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, frozen, dried and smoked fish exports reduced to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, New Zealand (X tons), Micronesia (X tons) and Papua New Guinea (X tons) represented the main exporter of frozen, dried and smoked fish in Australia and Oceania, mixing up X% of total export. It was distantly followed by Fiji (X tons), achieving a X% share of total exports. Australia (X tons) and Solomon Islands (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Micronesia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

From 2012 to 2022, the average annual growth rate of value in New Zealand totaled X%. In the other countries, the average annual rates were as follows: Australia (X% per year) and Papua New Guinea (X% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while Solomon Islands ($X per ton) was amongst the lowest.

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

Imports of Frozen, Dried And Smoked Fish

Imports in Australia and Oceania

Frozen, dried and smoked fish imports was estimated at X tons in 2022, growing by X% against 2021. Overall, imports, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, frozen, dried and smoked fish imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Australia represented the largest importer of frozen, dried and smoked fish in Australia and Oceania, with the volume of imports finishing at X tons, which was near X% of total imports in 2022. It was distantly followed by Papua New Guinea (X tons), American Samoa (X tons), Fiji (X tons) and New Zealand (X tons), together constituting a X% share of total imports. The following importers - Solomon Islands (X tons) and Marshall Islands (X tons) - together made up X% of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of frozen, dried and smoked fish. At the same time, Solomon Islands (X%), Marshall Islands (X%) and Papua New Guinea (X%) displayed positive paces of growth. Moreover, Solomon Islands emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, New Zealand (X%), American Samoa (X%) and Fiji (X%) illustrated a downward trend over the same period. While the share of Australia (X p.p.), Papua New Guinea (X p.p.), Solomon Islands (X p.p.) and Marshall Islands (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of American Samoa (X p.p.) and Fiji (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Australia, frozen, dried and smoked fish imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and American Samoa (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. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform

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