Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in New Zealand - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in New Zealand (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in New Zealand (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in New Zealand
  4. Exports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in New Zealand

Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in New Zealand (CIF) - 2022

The average import price for fish fillets; frozen, toothfish (dissostichus spp.)s stood at $52,193 per ton in 2022, growing by 3% against the previous year. Overall, the import price saw a modest increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2013 to 2022, the rate of growth in terms of prices for Australia amounted to +1.6% per year.

Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in New Zealand (FOB) - 2022

The average export price for fish fillets; frozen, toothfish (dissostichus spp.)s stood at $30,289 per ton in 2022, reducing by -7.8% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 39% against the previous year. The export price peaked at $40,256 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($54,405 per ton), while the average price for exports to Australia ($22,805 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in New Zealand

In 2022, the amount of fish fillets; frozen, toothfish (dissostichus spp.)s imported into New Zealand reduced sharply to 274 kg, declining by -33.3% compared with 2021. In general, imports faced a precipitous decrease.

In value terms, imports of fish fillets; frozen, toothfish (dissostichus spp.)s plummeted to $14K in 2022. Overall, imports recorded a dramatic curtailment.

Import of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in New Zealand (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Australia20.814.3-31.3%
OthersN/AN/A0%
Total20.814.3-31.3%

Top Suppliers of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) to New Zealand in 2022:

  1. Australia (274.0 kg)

Exports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in New Zealand

In 2022, exports of fish fillets; frozen, toothfish (dissostichus spp.)s from New Zealand shrank to 546 kg, with a decrease of -6.7% compared with the previous year. Over the period under review, exports recorded a sharp contraction. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year.

In value terms, exports of fish fillets; frozen, toothfish (dissostichus spp.)s fell to $17K in 2022. Overall, exports faced a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 39%.

Export of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States38.16.19.89.3-37.5%
Australia29.24.05.05.3-43.4%
Singapore4.11.91.02.0-21.3%
Hong Kong SARN/A1.83.5N/A94.4%
China39.4N/AN/AN/A0%
Vietnam24.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total13613.919.216.5-50.5%

Top Export Markets for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) from New Zealand in 2022:

  1. United States (278.0 kg)
  2. Australia (231.0 kg)
  3. Singapore (37.0 kg)

Source: IndexBox Market Intelligence Platform

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