Report Update Apr 1, 2024

Australia - Fresh or Chilled Anchovies - Market Analysis, Forecast, Size, Trends and Insights

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Australia: Market for Fresh Or Chilled Anchovies 2024

Market Size for Fresh Or Chilled Anchovies in Australia

The Australian fresh or chilled anchovies market reduced to $X in 2022, shrinking by X% against the previous year. Overall, consumption, however, enjoyed a significant expansion. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Fresh Or Chilled Anchovies in Australia

In value terms, fresh or chilled anchovies production totaled $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. Over the period under review, production hit record highs in 2022 and is expected to retain growth in the near future.

Exports of Fresh Or Chilled Anchovies

Exports from Australia

In 2022, the amount of fresh or chilled anchovieses exported from Australia fell rapidly to X kg, declining by X% compared with the year before. In general, exports, however, showed a significant increase. The exports peaked at X kg in 2021, and then fell markedly in the following year.

In value terms, fresh or chilled anchovies exports dropped remarkably to $X in 2022. Overall, exports, however, showed a significant increase. The exports peaked at $X in 2021, and then declined sharply in the following year.

Exports by Country

New Zealand (X kg) was the main destination for fresh or chilled anchovies exports from Australia, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to New Zealand stood at X%.

In value terms, New Zealand ($X) also remains the key foreign market for fresh or chilled anchovieses exports from Australia.

From 2012 to 2022, the average annual rate of growth in terms of value to New Zealand totaled X%.

Export Prices by Country

In 2022, the average fresh or chilled anchovies export price amounted to $X per ton, flattening at the previous year. Overall, the export price, however, showed a dramatic slump. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for New Zealand.

From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to X% per year.

Imports of Fresh Or Chilled Anchovies

Imports into Australia

In 2022, the amount of fresh or chilled anchovieses imported into Australia dropped to X tons, shrinking by X% against the previous year. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, fresh or chilled anchovies imports fell to $X in 2022. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of fresh or chilled anchovies to Australia, with a X% share of total imports. Moreover, fresh or chilled anchovies imports from the United States exceeded the figures recorded by the second-largest supplier, South Korea (X tons), threefold. The third position in this ranking was held by Myanmar (X kg), with a X% share.

From 2015 to 2022, the average annual growth rate of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Myanmar (X% per year).

In value terms, South Korea ($X), the United States ($X) and Spain ($X) constituted the largest fresh or chilled anchovies suppliers to Australia, together accounting for X% of total imports. Italy, India and Myanmar lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Myanmar, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average fresh or chilled anchovies import price stood at $X per ton in 2022, flattening at the previous year. Overall, the import price, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Myanmar ($X per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fresh or chilled anchovies in the world?

Oman remains the largest fresh or chilled anchovies consuming country worldwide, accounting for 48% of total volume. Moreover, fresh or chilled anchovies consumption in Oman exceeded the figures recorded by the second-largest consumer, Ecuador, fourfold. Portugal ranked third in terms of total consumption with a 5.8% share.

What are the largest producers of fresh or chilled anchovies in the world?

Oman constituted the country with the largest volume of fresh or chilled anchovies production, comprising approx. 46% of total volume. Moreover, fresh or chilled anchovies production in Oman exceeded the figures recorded by the second-largest producer, Peru, threefold. Portugal ranked third in terms of total production with a 9.4% share.

What are the leading suppliers of fresh or chilled anchovies to Australia?

In value terms, the largest fresh or chilled anchovies suppliers to Australia were South Korea, the United States and Spain, together comprising 81% of total imports. Italy, India and Myanmar lagged somewhat behind, together accounting for a further 9.8%.

What are the leading importers of fresh or chilled anchovies from Australia?

In value terms, New Zealand remains the key foreign market for fresh or chilled anchovieses exports from Australia.

What is the average export price for fresh or chilled anchovies in Australia?

The average fresh or chilled anchovies export price stood at $12,263 per ton in 2022, remaining constant against the previous year.

What is the average import price for fresh or chilled anchovies in Australia?

The average fresh or chilled anchovies import price stood at $13,020 per ton in 2022, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the market for fresh or chilled anchovies in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Australia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Australia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023