Report Australia and Oceania - Herrings (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Australia and Oceania - Herrings (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights

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Australia and Oceania: Preserved Herring Market 2024

Preserved Herring Market Size in Australia and Oceania

The preserved herring market in Australia and Oceania expanded remarkably to $X in 2021, increasing by 9.5% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Preserved Herring Production in Australia and Oceania

In value terms, preserved herring production rose remarkably to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by 49%. The level of production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Preserved Herring Exports

Exports in Australia and Oceania

In 2021, overseas shipments of herrings (prepared or preserved) decreased by -5.9% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 4,846% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, preserved herring exports skyrocketed to $X in 2021. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 2,578%. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Australia (X tons) represented roughly 98% of total exports in 2021.

Australia was also the fastest-growing in terms of the herrings (prepared or preserved) exports, with a CAGR of +105.8% from 2012 to 2021. While the share of Australia (+93 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest preserved herring supplier in Australia and Oceania.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia amounted to +83.9%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, with an increase of 77% against the previous year. In general, the export price posted a perceptible increase. The most prominent rate of growth was recorded in 2018 when the export price increased by 88% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, 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 Australia.

From 2012 to 2021, the rate of growth in terms of prices for Australia amounted to -10.6% per year.

Preserved Herring Imports

Imports in Australia and Oceania

After two years of growth, overseas purchases of herrings (prepared or preserved) decreased by -8% to X tons in 2021. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2017 when imports increased by 15%. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, preserved herring imports dropped to $X in 2021. In general, imports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 32% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Australia dominates imports structure, finishing at X tons, which was approx. 93% of total imports in 2021. It was distantly followed by New Zealand (X tons), committing a 5.1% share of total imports.

Australia was also the fastest-growing in terms of the herrings (prepared or preserved) imports, with a CAGR of -5.5% from 2012 to 2021. New Zealand (-16.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Australia increased by +9.6 percentage points.

In value terms, Australia ($X) constitutes the largest market for imported herrings (prepared or preserved) in Australia and Oceania, comprising 92% of total imports. The second position in the ranking was held by New Zealand ($X), with a 6.9% share of total imports.

In Australia, preserved herring imports plunged by an average annual rate of -1.1% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, growing by 8.5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2016 an increase of 15% against the previous year. Over the period under review, import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+4.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Australia constituted the country with the largest volume of preserved herring consumption, comprising approx. 82% of total volume. Moreover, preserved herring consumption in Australia exceeded the figures recorded by the second-largest consumer, Papua New Guinea, sevenfold.
Australia constituted the country with the largest volume of preserved herring production, comprising approx. 82% of total volume. Moreover, preserved herring production in Australia exceeded the figures recorded by the second-largest producer, Papua New Guinea, sevenfold.
In value terms, Australia constitutes the largest market for imported herrings prepared or preserved) in Australia and Oceania, comprising 92% of total imports. The second position in the ranking was occupied by New Zealand, with a 6.5% share of total imports.
In 2021, the preserved herring export price in Australia and Oceania amounted to $2,852 per ton, which is down by -72.5% against the previous year.
The preserved herring import price in Australia and Oceania stood at $4,643 per ton in 2021, growing by 7.3% against the previous year.

This report provides an in-depth analysis of the preserved herring market in Australia and Oceania. 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:

  • Prodcom 10202520 - Prepared or preserved herrings, whole or in pieces (excluding minced products and prepared meals and dishes)

Country coverage:

  • Australia
  • Cook Islands
  • Fiji
  • French Polynesia
  • Kiribati
  • Marshall Islands
  • Micronesia
  • New Caledonia
  • New Zealand
  • Northern Mariana Islands
  • Palau
  • Papua New Guinea
  • Samoa
  • Solomon Islands
  • Tokelau
  • Tonga
  • Tuvalu
  • Vanuatu
  • Wallis and Futuna Islands
  • American Samoa
  • Nauru
  • Niue
  • Guam

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Australia and Oceania, split by region and country
  • Trade (exports and imports) in Australia and Oceania
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Australia
    • Cook Islands
    • Fiji
    • French Polynesia
    • Kiribati
    • Marshall Islands
    • Micronesia
    • New Caledonia
    • New Zealand
    • Northern Mariana Islands
    • Palau
    • Papua New Guinea
    • Samoa
    • Solomon Islands
    • Tokelau
    • Tonga
    • Tuvalu
    • Vanuatu
    • Wallis and Futuna Islands
    • American Samoa
    • Nauru
    • Niue
    • Guam
  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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