Report Update Nov 1, 2024

Australia - Frozen Atlantic Halibut - Market Analysis, Forecast, Size, Trends and Insights

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Australia: Frozen Atlantic Halibut Market 2022

Frozen Atlantic Halibut Market Size in Australia

In 2020, after two years of growth, there was significant decline in the Australian frozen atlantic halibut market, when its value decreased by -X% to $X. Over the period under review, consumption, however, saw strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Frozen atlantic halibut consumption peaked at $X in 2019, and then fell markedly in the following year.

Frozen Atlantic Halibut Exports

Exports from Australia

Frozen atlantic halibut exports from Australia amounted to X kg in 2020, approximately mirroring the year before. In general, exports continue to indicate a relatively flat trend pattern. Over the period under review, exports attained the maximum at X tons in 2013; however, from 2014 to 2020, exports remained at a lower figure.

In value terms, frozen atlantic halibut exports totaled $X in 2020. Overall, exports showed a relatively flat trend pattern. Exports peaked at $X in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

Exports by Country

Egypt (X tons) was the main destination for frozen atlantic halibut exports from Australia, accounting for a approx. X% share of total exports.

From 2007 to 2013, the average annual rate of growth in terms of volume to Egypt was relatively modest.

From 2007 to 2013, the average annual rate of growth in terms of value to Egypt was relatively modest.

Export Prices by Country

In 2013, the average frozen atlantic halibut export price amounted to $X per ton, remaining stable against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, average export prices reached the maximum in 2013 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Egypt.

From 2007 to 2013, the rate of growth in terms of prices for Egypt amounted to X% per year.

Frozen Atlantic Halibut Imports

Imports into Australia

In 2020, overseas purchases of frozen atlantic halibut decreased by -X% to X tons for the first time since 2017, thus ending a two-year rising trend. Over the period under review, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2019, and then contracted sharply in the following year.

In value terms, frozen atlantic halibut imports dropped significantly to $X in 2020. Overall, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. Imports peaked at $X in 2019, and then dropped notably in the following year.

Imports by Country

In 2020, Taiwan (Chinese) (X tons) was the main supplier of frozen atlantic halibut to Australia, with a X% share of total imports. Moreover, frozen atlantic halibut imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume from Taiwan (Chinese) stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+X% per year) and Japan (X% per year).

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of frozen atlantic halibut to Australia, comprising X% of total imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Taiwan (Chinese) amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Indonesia (+X% per year).

Import Prices by Country

In 2020, the average frozen atlantic halibut import price amounted to $X per ton, increasing by X% against the previous year. In general, the import price continues to indicate resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen atlantic halibut in the world?

The countries with the highest volumes of frozen atlantic halibut consumption in 2020 were China, Denmark and Japan, together accounting for 74% of global consumption.

What are the largest producers of frozen atlantic halibut in the world?

Denmark remains the largest frozen atlantic halibut producing country worldwide, accounting for 42% of total volume. Moreover, frozen atlantic halibut production in Denmark exceeded the figures recorded by the second-largest producer, Canada, twofold. The third position in this ranking was occupied by Norway, with a 13% share.

What are the leading suppliers of frozen atlantic halibut to Australia?

In value terms, Taiwan Chinese) constituted the largest supplier of frozen atlantic halibut to Australia, comprising 92% of total imports. The second position in the ranking was occupied by Japan, with a 6.5% share of total imports.

What is the average export price for frozen atlantic halibut in Australia?

In 2013, the average frozen atlantic halibut export price amounted to $1,264 per ton, stabilizing at the previous year.

What is the average import price for frozen atlantic halibut in Australia?

The average frozen atlantic halibut import price stood at $13,159 per ton in 2020, growing by 55% against the previous year.

This report provides an in-depth analysis of the frozen atlantic halibut market in Australia. 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 2025.

Product coverage:

Country coverage:

Australia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Australia
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:

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

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023