Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Australia - 2024
Contents:
- Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Australia (FOB) - 2022
- Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Australia (CIF) - 2022
- Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Australia
- Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Australia
Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Australia (FOB) - 2022
The average export price for fish; edible offal, other than shark fins, fish heads, tails and mawses stood at $5,957 per ton in 2022, growing by 12% against the previous year. In general, the export price, however, saw a perceptible downturn. The pace of growth appeared the most rapid in 2013 an increase of 85%. As a result, the export price attained the peak level of $14,688 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to -8.2% per year.
Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Australia (CIF) - 2022
In 2022, the average import price for fish; edible offal, other than shark fins, fish heads, tails and mawses amounted to $2,377 per ton, waning by -43.9% against the previous year. Over the period under review, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2013 an increase of 58%. The import price peaked at $7,365 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 Singapore ($14,892 per ton), while the price for the Philippines ($1,581 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Australia
In 2022, the amount of fish; edible offal, other than shark fins, fish heads, tails and mawses exported from Australia surged to 77 tons, increasing by 1,413% compared with 2021. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fish; edible offal, other than shark fins, fish heads, tails and mawses skyrocketed to $460K in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 20.3 | 10.1 | 25.3 | 460 | 183.0% |
| Others | 1.5 | 2.0 | 1.9 | N/A | 12.5% |
| Total | 21.8 | 12.2 | 27.2 | 460 | 176.3% |
Top Export Markets for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws from Australia in 2022:
- Hong Kong SAR (77.2 tons)
Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Australia
In 2022, approx. 101 tons of fish; edible offal, other than shark fins, fish heads, tails and mawses were imported into Australia; with an increase of 55% compared with the previous year. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 246%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of fish; edible offal, other than shark fins, fish heads, tails and mawses reduced to $241K in 2022. Overall, imports, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 215% against the previous year.
| Import of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 56.2 | 11.6 | 58.2 | 148 | 38.1% |
| Malaysia | 20.4 | 5.6 | 27.9 | 39.9 | 25.1% |
| Singapore | 76.3 | 26.1 | 67.1 | 35.6 | -22.4% |
| South Africa | 51.5 | 15.7 | 30.2 | N/A | -23.4% |
| Myanmar | 27.3 | 11.7 | 37.9 | N/A | 17.8% |
| Others | 47.6 | 17.3 | 56.4 | 17.1 | -28.9% |
| Total | 279 | 88.0 | 278 | 241 | -4.8% |
Top Suppliers of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws to Australia in 2022:
- Philippines (93.8 tons)
- Malaysia (3.4 tons)
- Singapore (2.4 tons)
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