Australia and Oceania: Market for Fresh Or Chilled Salmonoids Fillets 2025

Market Size for Fresh Or Chilled Salmonoids Fillets in Australia and Oceania

The market for fresh or chilled salmonoids fillets in Australia and Oceania rose to $X in 2022, growing by 2.9% against the previous year. The market value increased at an average annual rate of +4.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Fresh Or Chilled Salmonoids Fillets in Australia and Oceania

In value terms, fresh or chilled salmonoids fillets production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when the production volume increased by 39%. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Fresh Or Chilled Salmonoids Fillets

Exports in Australia and Oceania

In 2022, after two years of decline, there was significant growth in shipments abroad of fresh or chilled salmonoids fillets, when their volume increased by 465% to X tons. Overall, exports showed prominent growth. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, fresh or chilled salmonoids fillets exports soared to $X in 2022. In general, exports recorded a strong increase. The pace of growth appeared the most rapid in 2013 when exports increased by 170%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Australia dominates exports structure, accounting for X tons, which was approx. 96% of total exports in 2022. Fiji (X tons) followed a long way behind the leaders.

Exports from Australia increased at an average annual rate of +15.5% from 2012 to 2022. At the same time, Fiji (+113.5%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +113.5% from 2012-2022. From 2012 to 2022, the share of Fiji increased by +3.5 percentage points.

In value terms, Australia ($X) remains the largest fresh or chilled salmonoids fillets supplier in Australia and Oceania, comprising 93% of total exports. The second position in the ranking was held by Fiji ($X), with a 7.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia stood at +6.5%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, dropping by -79.2% against the previous year. In general, the export price showed a deep downturn. The pace of growth was the most pronounced in 2021 an increase of 96% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined significantly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Fiji ($X per ton), while Australia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Fiji (+24.2%).

Imports of Fresh Or Chilled Salmonoids Fillets

Imports in Australia and Oceania

In 2022, purchases abroad of fresh or chilled salmonoids fillets increased by 49% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports saw a tangible increase. The pace of growth was the most pronounced in 2013 when imports increased by 481%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, fresh or chilled salmonoids fillets imports skyrocketed to $X in 2022. Overall, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of 155% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Fiji represented the largest importing country with an import of around X tons, which recorded 59% of total imports. Marshall Islands (X kg) took the second position in the ranking, followed by Australia (X kg), Northern Mariana Islands (X kg), Papua New Guinea (X kg) and New Caledonia (X kg). All these countries together took near 33% share of total imports. Palau (X kg) took a relatively small share of total imports.

Imports into Fiji increased at an average annual rate of +3.5% from 2012 to 2022. At the same time, Marshall Islands (+28.7%), Papua New Guinea (+13.4%), Northern Mariana Islands (+9.7%), Australia (+6.8%), Palau (+4.5%) and New Caledonia (+2.0%) displayed positive paces of growth. Moreover, Marshall Islands emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +28.7% from 2012-2022. Marshall Islands (+11 p.p.), Papua New Guinea (+2.8 p.p.) and Northern Mariana Islands (+2.4 p.p.) significantly strengthened its position in terms of the total imports, while Fiji saw its share reduced by -2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Fiji ($X) constitutes the largest market for imported fresh or chilled salmonoids fillets in Australia and Oceania, comprising 67% of total imports. The second position in the ranking was taken by Papua New Guinea ($X), with a 9.6% share of total imports. It was followed by Australia, with a 6.6% share.

From 2012 to 2022, the average annual growth rate of value in Fiji totaled +6.4%. In the other countries, the average annual rates were as follows: Papua New Guinea (+24.6% per year) and Australia (+14.1% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, with an increase of 5.9% against the previous year. Import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of 87% against the previous year. Over the period under review, import prices hit record highs at $X 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 importing countries. In 2022, amid the top importers, the country with the highest price was Papua New Guinea ($X per ton), while Marshall Islands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Papua New Guinea (+9.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :