New Zealand: Preserved Fish Fillet Market 2025

Preserved Fish Fillet Market Size in New Zealand

The New Zealand preserved fish fillet market amounted to $X in 2021, surging by 8.8% against the previous year. Overall, consumption recorded buoyant growth. Preserved fish fillet consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Preserved Fish Fillet Production in New Zealand

In value terms, preserved fish fillet production expanded significantly to $X in 2021 estimated in export price. Over the period under review, production enjoyed strong growth. The pace of growth was the most pronounced in 2013 when the production volume increased by 171% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Preserved Fish Fillet Exports

Exports from New Zealand

After three years of growth, overseas shipments of fish fillets (dried, salted or in brine, but not smoked) decreased by -24.2% to X kg in 2021. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of 265% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, preserved fish fillet exports soared to $X in 2021. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2014 with an increase of 584% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Taiwan (Chinese) (X kg), Hong Kong SAR (X kg) and South Korea (X kg) were the main destinations of preserved fish fillet exports from New Zealand, together accounting for 90% of total exports.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +105.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X) remains the key foreign market for fish fillets (dried, salted or in brine, but not smoked) exports from New Zealand, comprising 84% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with an 11% share of total exports. It was followed by South Korea, with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Hong Kong SAR amounted to +107.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+16.1% per year) and South Korea (+133.5% per year).

Export Prices by Country

In 2021, the average preserved fish fillet export price amounted to $X per ton, picking up by 62% against the previous year. In general, the export price enjoyed a strong increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 87% against the previous year. The export price 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 Hong Kong SAR ($X per ton), while the average price for exports to Samoa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Fish Fillet Imports

Imports into New Zealand

In 2021, imports of fish fillets (dried, salted or in brine, but not smoked) into New Zealand surged to X tons, growing by 289% against the year before. Overall, imports saw buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, preserved fish fillet imports skyrocketed to $X in 2021. Over the period under review, imports recorded a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Malaysia (X tons), Taiwan (Chinese) (X tons) and China (X tons) were the main suppliers of preserved fish fillet imports to New Zealand, together comprising 50% of total imports. These countries were followed by Fiji, Vietnam, Japan, Lithuania, South Korea, Sri Lanka and the Philippines, which together accounted for a further 34%.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +93.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X) constituted the largest supplier of fish fillets (dried, salted or in brine, but not smoked) to New Zealand, comprising 22% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with an 11% share of total imports. It was followed by Fiji, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from Malaysia amounted to +28.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (0.0% per year) and Fiji (+30.6% per year).

Import Prices by Country

The average preserved fish fillet import price stood at $X per ton in 2021, falling by -30.2% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 33% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell significantly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :