Australia and Oceania: Tilapias Market 2022

Tilapias Market Size in Australia and Oceania

The tilapias market in Australia and Oceania was estimated at $X in 2021, picking up by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the market value increased by X%. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Tilapias Production in Australia and Oceania

In value terms, tilapias production dropped slightly to $X in 2021 estimated in export price. Overall, production recorded a mild setback. The growth pace was the most rapid in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Tilapias Exports

Exports in Australia and Oceania

In 2021, overseas shipments of tilapias decreased by -X% to X tons, falling for the third consecutive year after three years of growth. In general, exports recorded a mild decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, tilapias exports declined dramatically to $X in 2021. Over the period under review, exports recorded a abrupt setback. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Australia (X tons) was the main exporter of tilapias, creating X% of total exports. It was distantly followed by New Zealand (X tons) and Guam (X tons), together constituting a X% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to tilapias exports from Australia stood at -X%. At the same time, New Zealand (+X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +X% from 2012-2021. By contrast, Guam (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of New Zealand increased by +X percentage points. Australia (-X p.p.) and Guam (-X p.p.) saw their shares reduced.

In value terms, Australia ($X) remains the largest tilapias supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

In Australia, tilapias exports plunged by an average annual rate of -X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (+X% per year) and Guam (-X% per year).

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, shrinking by -X% against the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Guam ($X per ton), while New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+X%), while the other leaders experienced a decline in the export price figures.

Tilapias Imports

Imports in Australia and Oceania

In 2021, after two years of growth, there was significant decline in overseas purchases of tilapias, when their volume decreased by -X% to X tons. The total import volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then dropped in the following year.

In value terms, tilapias imports skyrocketed to $X in 2021. Total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2017 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Australia prevails in imports structure, accounting for X tons, which was near X% of total imports in 2021. Northern Mariana Islands (X tons) and Guam (X tons) followed a long way behind the leaders.

Australia was also the fastest-growing in terms of the tilapias imports, with a CAGR of +X% from 2012 to 2021. Northern Mariana Islands (-X%) and Guam (-X%) illustrated a downward trend over the same period. Australia (+X p.p.) significantly strengthened its position in terms of the total imports, while Guam and Northern Mariana Islands saw its share reduced by -X% and -X% from 2012 to 2021, respectively.

In value terms, Australia ($X) constitutes the largest market for imported tilapias in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by Northern Mariana Islands ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Australia stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Northern Mariana Islands (-X% per year) and Guam (-X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, surging by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2018 when the import price increased by X%. The level of import peaked in 2021 and is likely to continue growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Australia ($X per ton), while Guam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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