Australia and Oceania: Frozen Salmonoids Market 2022

Frozen Salmonoids Market Size in Australia and Oceania

In 2020, the frozen salmonoids market in Australia and Oceania increased by X% to $X, rising for the seventh year in a row after five years of decline. Overall, consumption continues to indicate resilient growth. The pace of growth was the most pronounced in 2008 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. from 2009 to 2020, the growth of the market remained at a somewhat lower figure.

Frozen Salmonoids Production in Australia and Oceania

In value terms, frozen salmonoids production dropped significantly to $X in 2018 estimated in export prices. Over the period under review, production faced a sharp contraction. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2009; however, from 2010 to 2018, production failed to regain the momentum.

Production By Country in Australia and Oceania

The country with the largest volume of frozen salmonoids production was New Zealand (X tons), accounting for X% of total volume.

From 2007 to 2018, the average annual rate of growth in terms of volume in New Zealand amounted to -X%.

Frozen Salmonoids Exports

Exports in Australia and Oceania

Frozen salmonoids exports reduced sharply to X tons in 2020, waning by -X% against the previous year. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2009; however, from 2010 to 2020, exports failed to regain the momentum.

In value terms, frozen salmonoids exports totaled $X in 2020. In general, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at $X in 2009; however, from 2010 to 2020, exports remained at a lower figure.

Exports by Country

Australia represented the main exporting country with an export of about X tons, which reached X% of total exports. It was distantly followed by New Zealand (X tons), creating an X% share of total exports.

Australia was also the fastest-growing in terms of the frozen salmonoids exports, with a CAGR of -X% from 2007 to 2020. New Zealand (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Australia increased by +X% percentage points, while New Zealand (-X p.p.) saw their share reduced.

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

In Australia, frozen salmonoids exports increased at an average annual rate of +X% over the period from 2007-2020.

Export Prices by Country

In 2020, the frozen salmonoids export price in Australia and Oceania amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price continues to indicate a notable increase. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

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

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

Frozen Salmonoids Imports

Imports in Australia and Oceania

In 2020, supplies from abroad of frozen salmonoids increased by X% to X tons, rising for the seventh year in a row after five years of decline. Overall, imports saw a buoyant increase. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. As a result, imports reached the peak of X tons. from 2009 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, frozen salmonoids imports expanded notably to $X in 2020. In general, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, imports attained the peak of $X. from 2009 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

American Samoa was the main importing country with an import of around X tons, which resulted at X% of total imports. It was distantly followed by Australia (X tons), committing a X% share of total imports. New Zealand (X tons), New Caledonia (X tons) and Palau (X tons) held a minor share of total imports.

From 2007 to 2020, the biggest increases were in New Caledonia, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen salmonoids importing markets in Australia and Oceania were American Samoa ($X), Australia ($X) and New Caledonia ($X), together comprising X% of total imports.

New Caledonia recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the frozen salmonoids import price in Australia and Oceania amounted to $X per ton, with a decrease of -X% against the previous year. Import price indicated a measured 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, frozen salmonoids import price decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was New Caledonia ($X per ton), while New Zealand ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by American Samoa, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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