What is the price of shark fins per kilogram/pound in Australia today?
The retail price range for Australia shark fins is between US$ 16.34 and US$ 23.07 per kilogram or between US$ 7.41 and US$ 10.46 per pound(lb). Click here to see today's exact prices of shark fins in Australia
The retail price range in Australian Dollar for shark fins is between AUD 24.58 and AUD 34.70 per kilogram or between AUD 11.15 and AUD 15.74 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia shark fins is between US$ 11.44 and US$ 16.15 per kilogram or between US$ 5.19 and US$ 7.32 per pound(lb).
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Australia Shark Fins Export Prices - Historical, Trends and Prediction
The export price per kilogram of Shark Fins from Australia over the last five years has seen a significant decrease. In 2014, the price was 89.00 US dollars per kg, but by 2018, it had dropped to 3.21 US dollars per kg. The price then increased slightly in 2019 to 2.82 US dollars per kg, before rising again in 2020 to 4.99 US dollars per kg. The price then increased further in 2021 to 11.32 US dollars per kg, before dropping again in 2022 to 8.12 US dollars per kg. Based on this data, it is likely that the export price per kilogram of Shark Fins from Australia will remain around 8.12 US dollars per kg in 2023 and 2024.Australia Shark Fins Import Prices - Historical, Trends and Prediction
The import price per kilogram of Shark Fins into Australia has seen a significant decrease over the last five years. In 2014, the price was 89.00 US dollars per kg, but by 2018, it had dropped to 3.21 US dollars per kg. This trend has continued into 2019 and 2020, with the price dropping to 2.82 US dollars per kg and 4.99 US dollars per kg respectively. However, 2021 saw a slight increase to 11.32 US dollars per kg, followed by a decrease to 8.12 US dollars per kg in 2022. Based on this trend, it is likely that the import price per kilogram of Shark Fins into Australia will remain relatively stable in 2023 and 2024, with an estimated price of 8.12 US dollars per kg and 7.71 US dollars per kg respectively.Export values for Australia shark fins
The total values in export for shark fins in Australia were US$ 238, US$ 401, US$ 417 and US$ 648 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 shark fins in other countries across Oceania: Fiji shark fins, French Polynesia shark fins, Guam shark fins, Micronesia shark fins, New Caledonia shark fins, Papua New Guinea shark fins, Samoa shark fins, Solomon Islands shark fins, Tonga shark fins & Vanuatu shark fins.
Australia shark fins - Production, Exports, Imports, Seasons and HS Codes
The quantity of shark fins sold by Australia in 2020 was 556 metric tonnes. In 2019 Australia exported 230 tonnes of shark fins. Through 2019 alone, the demand for Australia shark fins (fish category) has gone up, changing by 76.923 percent compared to the year 2018. Between 2017 and 2019, shark fins' exports grew by 557.14% netting the country US$0.65m for the year 2019. Australia's shark fins exports are categorised as:
- Frozen fish fins, heads, tails, maws and other edible fish offal (excl. livers, roes, milt and shark fins) (HS code 030399)
- Prepared or preserved shark fins, whole or in pieces (excl. minced) (HS code 160418)
- Frozen shark fins (HS code 030392)
- Shark fins, smoked, dried, salted or in brine (HS code 030571)
- Fresh or chilled shark fins (HS code 030292)
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Australia shark fins export values
In 2019, Australia sold shark fins costing 0.65m USD, an increment of 55.88% from 2018's total shark fins export of 0.417m USD. The annual change in value of Australia shark fins between 2017 to 2018 was 3.99 percent.
The yearly variation in the quantity of Australia's shark fins exports between 2017 and 2019 was 557.14 per cent compared to a variation of 76.923% in the period between 2018 and 2019.
Export markets for Australia shark fins ( in '000$ )
Australia purchased 149 tonnes of shark fins in 2019.