Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in New Zealand - 2023
Contents:
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in New Zealand (FOB) - 2022
- Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in New Zealand
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in New Zealand (FOB) - 2022
The average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $6,531 per ton in 2022, increasing by 60% against the previous year. In general, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($9,011 per ton), while the average price for exports to China ($4,795 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 Singapore (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in New Zealand
After three years of growth, overseas shipments of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s decreased by -41.3% to 307 tons in 2022. In general, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 21%. As a result, the exports attained the peak of 522 tons, and then shrank markedly in the following year.
In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s shrank to $2M in 2022. Over the period under review, exports showed a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year.
| Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 784 | 294 | 1,107 | 1,371 | 20.5% |
| Portugal | 15.1 | 73.2 | 137 | 201 | 137.0% |
| Malaysia | 82.6 | 37.4 | 13.2 | 114 | 11.3% |
| Germany | 42.1 | 9.0 | 44.9 | 112 | 38.6% |
| Spain | 259 | 212 | 43.8 | 57.5 | -39.4% |
| Singapore | 4.6 | 9.0 | 24.9 | 57.2 | 131.7% |
| China | 6.1 | 7.0 | 17.6 | 31.0 | 71.9% |
| Japan | 88.0 | 56.0 | 59.8 | 8.1 | -54.8% |
| South Africa | N/A | 346 | 234 | N/A | -32.4% |
| United Arab Emirates | 148 | 74.0 | 48.4 | N/A | -42.8% |
| Others | 838 | 359 | 396 | 51.2 | -60.6% |
| Total | 2,268 | 1,478 | 2,127 | 2,003 | -4.1% |
Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from New Zealand in 2022:
- Australia (200.8 tons)
- Portugal (39.6 tons)
- Malaysia (18.5 tons)
- Germany (15.8 tons)
- Spain (8.5 tons)
- Singapore (7.4 tons)
- China (6.5 tons)
- Japan (1.5 tons)
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