Australia and Oceania: Frozen Tilapias Market 2022

Frozen Tilapias Market Size in Australia and Oceania

The frozen tilapias market in Australia and Oceania soared to $X in 2020, picking up by X% against the previous year. The total consumption indicated a buoyant expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2017 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The level of consumption peaked in 2020 and is expected to retain growth in the immediate term.

Frozen Tilapias Production in Australia and Oceania

In value terms, frozen tilapias production stood at $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. from 2017 to 2020, production growth failed to regain the momentum.

Production By Country in Australia and Oceania

New Zealand (X tons) constituted the country with the largest volume of frozen tilapias production, comprising approx. X% of total volume.

From 2007 to 2020, the average annual rate of growth in terms of volume in New Zealand totaled +X%.

Frozen Tilapias Exports

Exports in Australia and Oceania

In 2020, shipments abroad of frozen tilapias decreased by -X% to X tons, falling for the second consecutive year after nine years of growth. Over the period under review, exports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, exports reached the peak of X tons. from 2019 to 2020, the growth exports remained at a lower figure.

In value terms, frozen tilapias exports fell rapidly to $X in 2020. In general, exports, however, continue to indicate a slight decrease. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, exports reached the peak of $X. from 2019 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Australia prevails in frozen tilapias exports structure, amounting to X tons, which was approx. X% of total exports in 2020. It was distantly followed by New Zealand (X tons), making up a X% share of total exports.

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

From 2007 to 2020, the average annual growth rate of value in Australia was relatively modest.

Export Prices by Country

The frozen tilapias export price in Australia and Oceania stood at $X per ton in 2020, approximately equating the previous year. Over the period under review, the export price, however, showed a drastic downturn. The level of export peaked at $X per ton in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was New Zealand ($X per ton), while Australia totaled $X per ton.

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

Frozen Tilapias Imports

Imports in Australia and Oceania

In 2020, frozen tilapias imports in Australia and Oceania soared to X tons, growing by X% compared with 2019. Total imports indicated a prominent increase 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 most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. The volume of import peaked in 2020 and is expected to retain growth in the immediate term.

In value terms, frozen tilapias imports surged to $X in 2020. Over the period under review, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The level of import peaked in 2020 and is expected to retain growth in the immediate term.

Imports by Country

In 2020, Australia (X tons) represented the major importer of frozen tilapias in Australia and Oceania, generating X% of total import.

Australia was also the fastest-growing in terms of the frozen tilapias imports, with a CAGR of +X% from 2007 to 2020. Australia (+X p.p.) significantly strengthened its position in terms of the total imports, 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 frozen tilapias in Australia and Oceania.

In Australia, frozen tilapias imports expanded at an average annual rate of +X% over the period from 2007-2020.

Import Prices by Country

In 2020, the frozen tilapias import price in Australia and Oceania amounted to $X per ton, dropping by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014 when the import price increased by X% y-o-y. As a result, import price attained the peak level of $X per ton. from 2015 to 2020, the growth in terms of the import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2007 to 2020, the rate of growth in terms of prices for Australia amounted to +X% per year.

Source: IndexBox Platform

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