Report Update Nov 1, 2024

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

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Australia: Frozen Salmonoids Market 2022

Frozen Salmonoids Market Size in Australia

The Australian frozen salmonoids market soared to $X in 2020, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Frozen Salmonoids Exports

Exports from Australia

In 2020, after two years of growth, there was significant decline in overseas shipments of frozen salmonoids, when their volume decreased by -X% to X tons. In general, exports saw a pronounced contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at X tons in 2019, and then dropped notably in the following year.

In value terms, frozen salmonoids exports stood at $X in 2020. Over the period under review, exports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2012 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

Exports by Country

Hong Kong SAR (X tons) was the main destination for frozen salmonoids exports from Australia, accounting for a X% share of total exports. Moreover, frozen salmonoids exports to Hong Kong SAR exceeded the volume sent to the second major destination, Papua New Guinea (X tons), threefold. The third position in this ranking was occupied by Malaysia (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Hong Kong SAR amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (+X% per year) and Malaysia (+X% per year).

In value terms, Malaysia ($X), Hong Kong SAR ($X) and Papua New Guinea ($X) appeared to be the largest markets for frozen salmonoids exported from Australia worldwide, together accounting for X% of total exports.

Among the main countries of destination, Papua New Guinea (+X% per year) saw the highest rates of growth with regard to 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 2020, the average frozen salmonoids export price amounted to $X per ton, picking up by X% against the previous year. In general, export price indicated strong growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 an increase of X% against the previous year. The export price peaked in 2020 and is expected to retain growth in years to come.

Prices varied noticeably by the country of destination; the country with the highest price was Singapore ($X per ton), while the average price for exports to Tonga ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Salmonoids Imports

Imports into Australia

In 2020, purchases abroad of frozen salmonoids increased by X% to X tons, rising for the fourth consecutive year after three years of decline. Over the period under review, imports recorded resilient growth. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Over the period under review, imports attained the maximum in 2020 and are likely to see steady growth in years to come.

In value terms, frozen salmonoids imports skyrocketed to $X in 2020. Overall, imports showed buoyant growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked in 2020 and are likely to see steady growth in years to come.

Imports by Country

In 2020, Vietnam (X tons) was the main supplier of frozen salmonoids to Australia, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Vietnam stood at +X%.

In value terms, Vietnam ($X) constituted the largest supplier of frozen salmonoids to Australia.

From 2007 to 2020, the average annual rate of growth in terms of value from Vietnam amounted to +X%.

Import Prices by Country

The average frozen salmonoids import price stood at $X per ton in 2020, shrinking by -X% against the previous year. Overall, the import price showed a slight downturn. The pace of growth was the most pronounced in 2013 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 2014 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Vietnam.

From 2007 to 2020, the rate of growth in terms of prices for Vietnam amounted to +X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of frozen salmonoids consumption in 2020 were the U.S., India and Pakistan, with a combined 55% share of global consumption. These countries were followed by Togo, Guinea-Bissau, Mali, Thailand, Saudi Arabia, Myanmar, Cameroon, Mauritania, Canada and Bangladesh, which together accounted for a further 36%.

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

The countries with the highest volumes of frozen salmonoids production in 2020 were the U.S., India and Mauritania, with a combined 61% share of global production.

What are the leading suppliers of frozen salmonoids to Australia?

In value terms, Vietnam constituted the largest supplier of frozen salmonoids to Australia.

What are the leading importers of frozen salmonoids from Australia?

In value terms, the largest markets for frozen salmonoids exported from Australia were Malaysia, Hong Kong SAR and Papua New Guinea, with a combined 85% share of total exports.

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

The average frozen salmonoids export price stood at $8,283 per ton in 2020, with an increase of 91% against the previous year.

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

In 2020, the average frozen salmonoids import price amounted to $3,096 per ton, which is down by -6.7% against the previous year.

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