Australia: Frozen Poultry Liver Market 2024

Frozen Poultry Liver Market Size in Australia

The Australian frozen poultry liver market amounted to $X in 2022, remaining constant against the previous year. Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -27.1% against 2018 indices. Frozen poultry liver consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Frozen Poultry Liver Production in Australia

In value terms, frozen poultry liver production reached $X in 2022 estimated in export price. In general, the total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +8.9% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 31%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Frozen Poultry Liver Exports

Exports from Australia

In 2022, approx. X tons of frozen poultry livers and offal were exported from Australia; growing by 2.2% on the previous year's figure. In general, total exports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 45%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, frozen poultry liver exports reached $X in 2022. Over the period under review, total exports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +118.4% against 2015 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Papua New Guinea (X tons), the Philippines (X tons) and Solomon Islands (X tons) were the main destinations of frozen poultry liver exports from Australia, together comprising 73% of total exports. Vanuatu, South Africa, Kiribati, South Korea and Hong Kong SAR lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of +56.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen poultry liver exported from Australia were Papua New Guinea ($X), the Philippines ($X) and Solomon Islands ($X), with a combined 70% share of total exports. Vanuatu, Kiribati, South Africa, South Korea and Hong Kong SAR lagged somewhat behind, together accounting for a further 20%.

In terms of the main countries of destination, South Korea, with a CAGR of +39.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average frozen poultry liver export price amounted to $X per ton, rising by 5.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2020 when the average export price increased by 12%. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Poultry Liver Imports

Imports into Australia

In 2022, purchases abroad of frozen poultry livers and offal was finally on the rise to reach X tons after three years of decline. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2018 when imports increased by 6,980% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, frozen poultry liver imports soared to $X in 2022. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2018 with an increase of 6,477%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, New Zealand (X tons) was the main frozen poultry liver supplier to Australia, with a 98% share of total imports. It was followed by France (X tons), with a 2.3% share of total imports.

From 2017 to 2022, the average annual growth rate of volume from New Zealand amounted to +34.1%.

In value terms, New Zealand ($X) constituted the largest supplier of frozen poultry livers and offal to Australia, comprising 95% of total imports. The second position in the ranking was held by France ($X), with a 4.8% share of total imports.

From 2017 to 2022, the average annual growth rate of value from New Zealand amounted to +29.6%.

Import Prices by Country

The average frozen poultry liver import price stood at $X per ton in 2022, surging by 63% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for New Zealand stood at $X per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by France (+28.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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