Live Fish Price in Australia - 2023
Contents:
- Live Fish Price in Australia (FOB) - 2022
- Live Fish Price in Australia (CIF) - 2022
- Live Fish Exports in Australia
- Live Fish Imports in Australia
Live Fish Price in Australia (FOB) - 2022
The average live fish export price stood at $31,949 per ton in 2022, surging by 8.1% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 60% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($89,783 per ton), while the average price for exports to Japan ($10,653 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 Iran (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.
Live Fish Price in Australia (CIF) - 2022
The average live fish import price stood at $51,254 per ton in 2022, with an increase of 43% against the previous year. In general, the import price enjoyed a buoyant increase. The growth pace was the most rapid in 2018 an increase of 211% against the previous year. The import price peaked at $58,641 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 Thailand ($90,616 per ton), while the price for Kenya ($2,525 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+29.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Live Fish Exports in Australia
In 2022, the amount of live fish exported from Australia fell sharply to 325 tons, waning by -42.5% against 2021. In general, exports recorded a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 7.6% against the previous year.
In value terms, live fish exports dropped dramatically to $10M in 2022. Over the period under review, exports saw a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 0.2% against the previous year.
| Export of Live Fish in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 12.2 | 9.9 | 8.6 | 3.2 | -36.0% |
| Iran | 1.9 | 2.2 | 0.8 | 3.0 | 16.4% |
| United States | 1.5 | 0.6 | 1.5 | 1.8 | 6.3% |
| Saudi Arabia | 0.6 | N/A | 0.3 | 0.5 | -5.9% |
| United Arab Emirates | 0.1 | 0.1 | 0.2 | 0.5 | 71.0% |
| Taiwan (Chinese) | 0.7 | 0.4 | 0.7 | 0.4 | -17.0% |
| South Korea | 0.4 | 0.2 | 0.7 | 0.3 | -9.1% |
| Japan | 0.3 | 0.2 | 0.3 | 0.1 | -30.7% |
| China | 1.0 | 2.6 | 3.4 | N/A | 84.4% |
| Others | 1.0 | 0.4 | 0.3 | 0.5 | -20.6% |
| Total | 19.7 | 16.7 | 16.7 | 10.4 | -19.2% |
Top Export Markets for Live Fish from Australia in 2022:
- Hong Kong SAR (116.4 tons)
- United States (68.6 tons)
- Iran (33.9 tons)
- South Korea (22.6 tons)
- Saudi Arabia (15.9 tons)
- Taiwan (Chinese) (14.4 tons)
- United Arab Emirates (14.1 tons)
- Japan (12.7 tons)
- China (0.1 tons)
Live Fish Imports in Australia
In 2022, after three years of growth, there was significant decline in purchases abroad of live fish, when their volume decreased by -34.8% to 133 tons. In general, imports, however, saw a strong expansion. The growth pace was the most rapid in 2020 with an increase of 74%.
In value terms, live fish imports declined to $6.8M in 2022. The total import value increased at an average annual rate of +12.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 36%.
| Import of Live Fish in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1,512 | 2,522 | 2,325 | 2,372 | 16.2% |
| Singapore | 1,185 | 1,719 | 2,238 | 2,146 | 21.9% |
| Sri Lanka | 391 | 398 | 819 | 737 | 23.5% |
| Thailand | 502 | 614 | 594 | 667 | 9.9% |
| Malaysia | 477 | 869 | 773 | 513 | 2.5% |
| China | 371 | 208 | 224 | 106 | -34.1% |
| United States | 221 | 154 | 64.5 | 67.8 | -32.6% |
| Kenya | 1.0 | N/A | 18.1 | 8.7 | 105.7% |
| Myanmar | N/A | N/A | 128 | N/A | 0% |
| Others | 167 | 87.1 | 143 | 224 | 10.3% |
| Total | 4,827 | 6,571 | 7,327 | 6,842 | 12.3% |
Top Suppliers of Live Fish to Australia in 2022:
- Indonesia (59.2 tons)
- Singapore (27.2 tons)
- Sri Lanka (10.0 tons)
- Malaysia (9.5 tons)
- Thailand (7.4 tons)
- China (7.1 tons)
- Kenya (3.5 tons)
- United States (2.2 tons)
47
This report provides an in-depth analysis of the freshwater fish market in Australia.
256
This report provides an in-depth analysis of the cathode-ray oscilloscope market in Australia.
307
This report provides an in-depth analysis of the electronic electricity measurer market in Australia.
121
This report provides an in-depth analysis of the market for instruments for measuring electrical quantities in Australia.
142
This report provides an in-depth analysis of the global freshwater fish market.
446
Global Cathode-Ray Oscilloscope Market Report 2018. This report provides an in-depth analysis of the global cathode-ray oscilloscope market.
362
Global Electronic Electricity Measurer Market Report 2018. This report provides an in-depth analysis of the global electronic electricity measurer market.
227
This report provides an in-depth analysis of the global market for instruments for measuring electrical quantities.
47
This report provides an in-depth analysis of the freshwater fish market in Australia.
142
This report provides an in-depth analysis of the global freshwater fish market.
Nothing found. Please try again.
