Report Update Nov 1, 2024

Australia - Frozen Eels - Market Analysis, Forecast, Size, Trends and Insights

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Australia: Frozen Eels Market 2022

Frozen Eels Market Size in Australia

The Australian frozen eels market totaled $X in 2019, flattening at the previous year. Over the period under review, consumption continues to indicate a dramatic descent. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2019, consumption failed to regain the momentum.

Frozen Eels Production in Australia

In value terms, frozen eels production soared to $X in 2020 estimated in export prices. In general, production, however, showed a abrupt curtailment. The growth pace was the most rapid in 2019 when the production volume increased by X% year-to-year. Over the period under review, production attained the maximum level at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

Frozen Eels Exports

Exports from Australia

In 2020, approx. X tons of frozen eels were exported from Australia; with an increase of X% on 2019 figures. In general, exports, however, saw a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Exports peaked at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, frozen eels exports expanded notably to $X in 2020. Overall, exports, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2017 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Finland (X tons) was the main destination for frozen eels exports from Australia, with a X% share of total exports. Moreover, frozen eels exports to Finland exceeded the volume sent to the second major destination, Maldives (X kg), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to Finland amounted to -X%.

In value terms, Finland ($X) remains the key foreign market for frozen eels exports from Australia, comprising X% of total exports. The second position in the ranking was occupied by Maldives ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Finland totaled -X%.

Export Prices by Country

In 2020, the average frozen eels export price amounted to $X per ton, falling by -X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X% year-to-year. As a result, export price reached the peak level of $X per ton. from 2015 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Maldives ($X per ton), while the average price for exports to Finland amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Maldives.

Frozen Eels Imports

Imports into Australia

For the third year in a row, Australia recorded decline in supplies from abroad of frozen eels, which decreased by -X% to X tons in 2020. Overall, imports showed a sharp reduction. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, frozen eels imports shrank sharply to $X in 2020. In general, imports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X kg) constituted the largest frozen eels supplier to Australia, with a X% share of total imports. Moreover, frozen eels imports from China exceeded the figures recorded by the second-largest supplier, New Zealand (X kg), twofold. The third position in this ranking was occupied by Vietnam (X kg), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (-X% per year) and Vietnam (-X% per year).

In value terms, the largest frozen eels suppliers to Australia were China ($X), Vietnam ($X) and South Korea ($X), together accounting for X% of total imports.

In terms of the main suppliers, Vietnam recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2020, the average frozen eels import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price saw noticeable growth. The pace of growth was the most pronounced in 2015 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per ton. from 2016 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was South Korea ($X per ton), while the price for New Zealand ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen eels in the world?

The countries with the highest volumes of frozen eels consumption in 2020 were China, India and the U.S., with a combined 61% share of global consumption. Denmark, Indonesia, New Zealand, Qatar, Hong Kong SAR, Vietnam, Bangladesh, Taiwan Chinese), Canada and Germany lagged somewhat behind, together comprising a further 29%.

What are the largest producers of frozen eels in the world?

Indonesia remains the largest frozen eels producing country worldwide, comprising approx. 42% of total volume. Moreover, frozen eels production in Indonesia exceeded the figures recorded by the second-largest producer, India, twofold. Malaysia ranked third in terms of total production with a 8.7% share.

What are the leading suppliers of frozen eels to Australia?

In value terms, China, Vietnam and South Korea constituted the largest frozen eels suppliers to Australia, with a combined 92% share of total imports.

What are the leading importers of frozen eels from Australia?

In value terms, Finland remains the key foreign market for frozen eels exports from Australia, comprising 92% of total exports. The second position in the ranking was occupied by Maldives, with a 7.5% share of total exports.

What is the average export price for frozen eels in Australia?

In 2020, the average frozen eels export price amounted to $11,973 per ton, reducing by -2.3% against the previous year.

What is the average import price for frozen eels in Australia?

The average frozen eels import price stood at $5,825 per ton in 2020, picking up by 13% against the previous year.

This report provides an in-depth analysis of the frozen eels 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

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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