Australia - Frozen Fruits And Vegetables - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAustralia Sets New Record with Frozen Fruits and Vegetables Prices Reaching $2,086 per Ton
Australia Frozen Fruits And Vegetables Import Price in December 2022
In December 2022, the frozen fruits and vegetables price amounted to $2,086 per ton (CIF, Australia), growing by 4.8% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 an increase of 9.9% m-o-m. The import price peaked in December 2022.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Chile ($4,694 per ton), while the price for the Netherlands ($1,293 per ton) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Chile (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Australia Frozen Fruits And Vegetables Import Prices by Type
There were significant differences in the average prices amongst the major supplied products. In December 2022, the product with the highest price was frozen fruit and nuts ($4,188 per ton), while the price for frozen potatoes ($1,402 per ton) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by frozen potato (+1.3%), while the prices for the other products experienced more modest paces of growth.
Australia Frozen Fruits And Vegetables Imports
In December 2022, the amount of frozen fruits and vegetables imported into Australia dropped modestly to 26K tons, waning by -3.6% against November 2022 figures. The total import volume increased at an average monthly rate of +1.2% over the period from January 2022 to December 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain months. The growth pace was the most rapid in May 2022 when imports increased by 21% against the previous month. Imports peaked at 27K tons in September 2022; however, from October 2022 to December 2022, imports failed to regain momentum.
In value terms, frozen fruits and vegetables imports amounted to $54M (IndexBox estimates) in December 2022. The total import value increased at an average monthly rate of +1.9% from January 2022 to December 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in March 2022 with an increase of 16% against the previous month. Over the period under review, imports attained the maximum in December 2022.
Australia Frozen Fruits And Vegetables Imports by Type
Frozen potatoes (11K tons), frozen vegetables other than potato and corn (8.7K tons) and frozen fruit and nuts (5K tons) were the main products of frozen fruits and vegetables imports to Australia, with a combined 97% share of total imports. Frozen sweet corn lagged somewhat behind, comprising a further 3.1%.
From January 2022 to December 2022, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by frozen potato (with a CAGR of +2.3%), while imports for the other products experienced more modest paces of growth.
In value terms, frozen fruit and nuts ($21M), frozen potatoes ($16M) and frozen vegetables other than potato and corn ($16M) appeared to be the most imported types of frozen fruits and vegetables in Australia, with a combined 98% share of total imports. Frozen sweet corn lagged somewhat behind, accounting for a further 2.4%.
Australia Frozen Fruits And Vegetables Imports by Country
Belgium (5.1K tons), the Netherlands (4.8K tons) and New Zealand (4.5K tons) were the main suppliers of frozen fruits and vegetables imports to Australia, with a combined 56% share of total imports. China, the United States, France, Vietnam, Chile, Canada, Spain and Mexico lagged somewhat behind, together accounting for a further 37%.
From January 2022 to December 2022, the biggest increases were in France (with a CAGR of +13.5%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Belgium ($9.7M), the Netherlands ($6.2M) and New Zealand ($5.9M) were the largest frozen fruits and vegetables suppliers to Australia, together comprising 41% of total imports. China, Chile, the United States, Canada, Vietnam, Mexico, France and Spain lagged somewhat behind, together comprising a further 46%.
Among the main suppliers, France, with a CAGR of +13.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Factors Affecting Frozen Fruit And Vegetable Prices
According to recent data, frozen fruits and vegetables are hitting record highs. Experts speculate that the high prices are due to a number of factors, including a shortage of supply caused by extreme weather events, increased demand by consumers looking for healthy food options during the pandemic, and rising transportation costs.
As a result of these factors, many Australian retailers have been forced to raise their prices to accommodate the increased cost of bringing frozen fruits and vegetables to market. This has put a strain on many families' budgets, particularly those on a fixed income or with limited resources.
This report provides an in-depth analysis of the market for frozen fruits and vegetables in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 447 - Sweet Corn, Frozen
- FCL 473 - Vegetables, Frozen
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
