Australia and Oceania: Market for Smoked Fish Other than Salmon and Herring 2024

Market Size for Smoked Fish Other than Salmon and Herring in Australia and Oceania

The market for smoked fish other than salmon and herring in Australia and Oceania rose sharply to $X in 2022, growing by X% against the previous year. Overall, consumption enjoyed a resilient expansion. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Smoked Fish Other than Salmon and Herring in Australia and Oceania

In value terms, production of smoked fish other than salmon and herring rose markedly to $X in 2022 estimated in export price. Overall, production enjoyed buoyant growth. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a somewhat lower figure.

Exports of Smoked Fish Other than Salmon and Herring

Exports in Australia and Oceania

In 2022, shipments abroad of smoked fish other than salmon and herring was finally on the rise to reach X tons after three years of decline. Overall, exports, however, saw a precipitous curtailment. The pace of growth was the most pronounced in 2018 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of smoked fish other than salmon and herring rose rapidly to $X in 2022. In general, exports, however, faced a sharp contraction. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

New Zealand was the main exporter of smoked fish other than salmon and herring in Australia and Oceania, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. It was distantly followed by Australia (X tons), creating an X% share of total exports. New Caledonia (X kg), Fiji (X kg) and French Polynesia (X kg) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to smoked fish other than salmon and herring exports from New Zealand stood at X%. At the same time, New Caledonia (X%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, Australia (X%), French Polynesia (X%) and Fiji (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of New Zealand, Australia and New Caledonia 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, the largest smoked fish other than salmon and herring supplying countries in Australia and Oceania were New Zealand ($X), Australia ($X) and New Caledonia ($X), with a combined X% share of total exports.

New Caledonia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price continues to indicate tangible growth. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Caledonia ($X per ton), while New Zealand ($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 Caledonia (X%), while the other leaders experienced a decline in the export price figures.

Imports of Smoked Fish Other than Salmon and Herring

Imports in Australia and Oceania

In 2022, purchases abroad of smoked fish other than salmon and herring was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of smoked fish other than salmon and herring soared to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Australia prevails in herring structure, amounting to X tons, which was near X% of total imports in 2022. New Zealand (X tons) held a minor share of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of smoked fish other than salmon and herring. New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia increased by X percentage points.

In value terms, Australia ($X) constitutes the largest market for imported smoked fish other than salmon and herring in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports.

In Australia, imports of smoked fish other than salmon and herring increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Australia ($X per ton), while New Zealand totaled $X per ton.

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

Source: IndexBox Platform

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