What is the price of hake per kilogram/pound in Australia today?
The retail price range for Australia hake is between US$ 4.85 and US$ 14.55 per kilogram or between US$ 2.20 and US$ 6.60 per pound(lb). Click here to see today's exact prices of hake in Australia
The retail price range in Australian Dollar for hake is between AUD 7.30 and AUD 21.89 per kilogram or between AUD 3.31 and AUD 9.93 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia hake is between US$ 3.40 and US$ 10.19 per kilogram or between US$ 1.54 and US$ 4.62 per pound(lb).
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Australia Hake Export Prices - Historical, Trends and Prediction
The export price per kilogram of Hake from Australia has seen a steady decline over the last five years. In 2012, the price was 11.00 US dollars per kg, but by 2017, it had dropped to 3.17 US dollars per kg. Since then, the price has been on the rise, reaching 5.75 US dollars per kg in 2018 and 5.31 US dollars per kg in 2019. In 2020, the price rose again to 5.75 US dollars per kg, and in 2021, it increased to 6.57 US dollars per kg. The latest data shows that the export price per kilogram of Hake from Australia is 6.42 US dollars per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Hake from Australia will be 6.90 US dollars per kg in 2023 and 7.38 US dollars per kg in 2024.Australia Hake Import Prices - Historical, Trends and Prediction
The import price per kilogram of Hake into Australia over the last five years has been quite volatile. In 2012, the price was 11.00 US dollars per kg, which dropped to 4.35 US dollars per kg in 2014. This was followed by a sharp increase to 8.80 US dollars per kg in 2015. The price then dropped again to 4.88 US dollars per kg in 2016, before reaching its lowest point of 3.17 US dollars per kg in 2017. Since then, the price has been gradually increasing, reaching 5.75 US dollars per kg in 2018 and 5.31 US dollars per kg in 2019. The price then rose again to 5.75 US dollars per kg in 2020 and 6.57 US dollars per kg in 2021. The most recent data shows that the import price per kilogram of Hake into Australia is 6.42 US dollars per kg in 2022. Based on the current trend, it is likely that the import price per kilogram of Hake into Australia will continue to increase in the next two years. We predict that the import price per kilogram of Hake into Australia will be 6.75 US dollars per kg in 2023 and 7.00 US dollars per kg in 2024.Export values for Australia hake
The total values in export for hake in Australia were US$ 39, US$ 133, US$ 23 and US$ 207 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fish category in Australia: Live Ornamental Fish, Live Trout, Live Eels, Live Carp, Live Tuna, Live Fish, Trout, Salmon, Halibut Fish & Sole Fish.
See prices of hake in other countries across Oceania: Fiji hake, French Polynesia hake, Guam hake, Micronesia hake, New Caledonia hake, Papua New Guinea hake, Samoa hake, Solomon Islands hake, Tonga hake & Vanuatu hake.
Australia hake - Production, Exports, Imports, Seasons and HS Codes
The quantity of hake shipped by Australia in 2020 was 4 metric tons. In 2019 Australia exported 39 tonnes of hake. Across 2019 alone, the demand for Australia hake (fish category) has gone up, flactuating by 875 per cent compared to the year 2018. Between 2017 and 2019, hake's exports decreased by -7.14 pc bringing the country US$0.21m for the year 2019. Australia's hake exports are categorised as:
- Frozen hake "Merluccius spp., Urophycis spp." (HS code 030366)
- Frozen hake (Merluccius spp., Urophycis spp.) (HS code 030378)
- Frozen fillets of hake "Merluccius spp., Urophycis spp." (HS code 030474)
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Australia hake export values
In 2019, Australia shipped hake with a value of 0.21m USD, an improvement of 813.04% from 2018's total hake export of 0.023m USD. The yearly increase in value of Australia hake between 2017 to 2018 was -82.707%.
The annual/yearly change in the quantity of Australia's hake exports between 2017 and 2019 was -7.14% compared to a variation of 875% in the period between 2018 and 2019.
Australia's share of the world's total hake's exports in 2019 was less than 1%. The country holds number 11 in world exports of hake.
Export markets for Australia hake ( in '000$ )
Import/Export Trends
Australia is a net exporter of hake. The annual growth of Australia hake in value between 2015 to 2019 was 30%, per annum, while annual growth in quantity during the same period was 9%, per annum.
Australia brought in 4,376 tonnes of hake in 2019.