Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Australia - 2024
Contents:
- Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Australia (FOB) - 2022
- Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Australia (CIF) - 2022
- Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Australia
- Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Australia
Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Australia (FOB) - 2022
In 2022, the average export price for vegetables, brassica; brussel sprouts, fresh or chilleds amounted to $4,841 per ton, picking up by 6.7% against the previous year. In general, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vegetables, brassica; brussel sprouts, fresh or chilleds increased by +92.9% against 2016 indices. The pace of growth appeared the most rapid in 2018 an increase of 27% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($7,711 per ton), while the average price for exports to Singapore ($4,161 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 Vietnam (+32.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Australia (CIF) - 2022
The average import price for vegetables, brassica; brussel sprouts, fresh or chilleds stood at $2,222 per ton in 2022, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.1%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 9.2%. The import price peaked at $2,222 per ton in 2021, and then shrank modestly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +4.1% per year.
Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Australia
In 2022, exports of vegetables, brassica; brussel sprouts, fresh or chilleds from Australia dropped to 315 tons, declining by -14.5% compared with the previous year's figure. Over the period under review, exports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 70%. As a result, the exports reached the peak of 369 tons, and then fell in the following year.
In value terms, exports of vegetables, brassica; brussel sprouts, fresh or chilleds contracted to $1.5M in 2022. In general, total exports indicated tangible growth from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 66%. As a result, the exports reached the peak of $1.7M, and then dropped in the following year.
| Export of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | N/A | 764 | 0% |
| Singapore | 227 | 240 | 563 | 227 | 0.0% |
| Hong Kong SAR | 255 | 308 | 394 | 149 | -16.4% |
| Japan | 382 | 80.6 | 219 | 113 | -33.4% |
| Vietnam | 0.9 | N/A | N/A | 56.9 | 298.4% |
| Thailand | 35.7 | 56.1 | 66.4 | 53.5 | 14.4% |
| Malaysia | 114 | 108 | 151 | 51.0 | -23.5% |
| Indonesia | 68.9 | 57.2 | 113 | 42.0 | -15.2% |
| United Arab Emirates | 71.8 | 33.6 | 6.8 | 0.2 | -85.9% |
| New Zealand | 78.9 | 41.7 | 28.0 | N/A | -40.4% |
| Others | 92.6 | 83.0 | 132 | 67.6 | -10.0% |
| Total | 1,326 | 1,008 | 1,672 | 1,525 | 4.8% |
Top Export Markets for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled from Australia in 2022:
- South Korea (166.8 tons)
- Singapore (54.6 tons)
- Japan (26.8 tons)
- Hong Kong SAR (20.7 tons)
- Malaysia (11.2 tons)
- Thailand (8.0 tons)
- Vietnam (7.4 tons)
- Indonesia (5.3 tons)
- United Arab Emirates (0.1 tons)
Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Australia
In 2022, approx. 25 tons of vegetables, brassica; brussel sprouts, fresh or chilleds were imported into Australia; approximately reflecting the previous year's figure. The total import volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 2.6%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of vegetables, brassica; brussel sprouts, fresh or chilleds stood at $57K in 2022. The total import value increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 12%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 8.9 | N/A | 56.3 | 56.6 | 85.3% |
| Portugal | N/A | 56.0 | N/A | N/A | 0% |
| New Zealand | 41.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 50.0 | 56.0 | 56.3 | 56.6 | 4.2% |
Top Suppliers of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled to Australia in 2022:
- Singapore (25.5 tons)
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