Australia and Oceania: Battered Fish Fillet Market 2024

Battered Fish Fillet Market Size in Australia and Oceania

The battered fish fillet market in Australia and Oceania contracted to $X in 2023, which is down by X% against the previous year. Overall, consumption saw a slight reduction. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Battered Fish Fillet Production in Australia and Oceania

In value terms, battered fish fillet production reduced modestly to $X in 2023 estimated in export price. Over the period under review, production showed a noticeable descent. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Battered Fish Fillet Exports

Exports in Australia and Oceania

In 2023, overseas shipments of fish fillets in batter or breadcrumbs decreased by X% to X tons, falling for the second year in a row after four years of growth. In general, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, battered fish fillet exports fell sharply to $X in 2023. Over the period under review, exports recorded a deep reduction. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, New Zealand (X tons) was the major exporter of fish fillets in batter or breadcrumbs, achieving X% of total exports. It was distantly followed by Papua New Guinea (X tons) and Australia (X tons), together making up a X% share of total exports. Fiji (X tons) followed a long way behind the leaders.

Exports from New Zealand decreased at an average annual rate of X% from 2012 to 2023. At the same time, Papua New Guinea (X%) and Fiji (X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2023. By contrast, Australia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Papua New Guinea increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) remains the largest battered fish fillet supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by Papua New Guinea ($X), with a X% share of total exports. It was followed by Australia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in New Zealand amounted to X%. In the other countries, the average annual rates were as follows: Papua New Guinea (X% per year) and Australia (X% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2023, jumping by X% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible slump. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the other leaders experienced a decline in the export price figures.

Battered Fish Fillet Imports

Imports in Australia and Oceania

In 2023, overseas purchases of fish fillets in batter or breadcrumbs decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of import peaked at X tons in 2022, and then fell remarkably in the following year.

In value terms, battered fish fillet imports contracted dramatically to $X in 2023. Total imports indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked at $X in 2022, and then contracted markedly in the following year.

Imports by Country

Australia represented the largest importing country with an import of around X tons, which recorded X% of total imports. It was distantly followed by New Zealand (X tons), creating a X% share of total imports. The following importers - Micronesia (X tons) and Tonga (X tons) - each accounted for a X% share of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of fish fillets in batter or breadcrumbs. At the same time, Micronesia (X%), New Zealand (X%) and Tonga (X%) displayed positive paces of growth. Moreover, Micronesia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of New Zealand and Micronesia increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported fish fillets in batter or breadcrumbs in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by Micronesia, with a X% share.

In Australia, battered fish fillet imports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Micronesia (X% per year).

Import Prices by Country

In 2023, the import price in Australia and Oceania amounted to $X per ton, declining by X% against the previous year. Import price indicated a measured increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, battered fish fillet import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per ton in 2022, and then reduced modestly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Australia ($X per ton), while Micronesia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform