Australia and Oceania: Tomato Market 2024

Tomato Market Size in Australia and Oceania

The tomato market in Australia and Oceania totaled $X in 2023, with an increase of X% against the previous year. In general, consumption, however, saw a pronounced slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Tomato Production in Australia and Oceania

In value terms, tomato production amounted to $X in 2023 estimated in export price. In general, production, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

The country with the largest volume of tomato production was Australia (X tons), comprising approx. X% of total volume. Moreover, tomato production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (X tons), eightfold.

From 2012 to 2023, the average annual growth rate of volume in Australia stood at X%.

The average tomato yield reduced to X tons per ha in 2023, standing approx. at 2022. The yield figure increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X%. The level of yield peaked at X tons per ha in 2018; however, from 2019 to 2023, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The tomato harvested area expanded to X ha in 2023, picking up by X% against the previous year's figure. Overall, the harvested area, however, showed a pronounced downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2023, the harvested area remained at a lower figure.

Tomato Exports

Exports in Australia and Oceania

In 2023, shipments abroad of tomatoes increased by X% to X tons for the first time since 2019, thus ending a three-year declining trend. In general, exports, however, recorded a abrupt decrease. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

In value terms, tomato exports soared to $X in 2023. Overall, exports, however, saw a pronounced contraction. The level of export peaked at $X in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X tons) and New Zealand (X tons) represented roughly X% of total exports in 2023.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Australia (with a CAGR of X%).

In value terms, the largest tomato supplying countries in Australia and Oceania were Australia ($X) and New Zealand ($X).

Among the main exporting countries, Australia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2023, the export price in Australia and Oceania amounted to $X per ton, shrinking by X% against the previous year. Export price indicated a notable increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, tomato export price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of export peaked at $X per ton in 2022, and then shrank in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Tomato Imports

Imports in Australia and Oceania

In 2023, after five years of decline, there was significant growth in overseas purchases of tomatoes, when their volume increased by X% to X tons. Overall, imports, however, showed a deep reduction. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2023, imports remained at a lower figure.

In value terms, tomato imports skyrocketed to $X in 2023. In general, imports, however, showed a noticeable curtailment. The growth pace was the most rapid in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2023, the growth of imports failed to regain momentum.

Imports by Country

New Zealand (X tons) and New Caledonia (X tons) represented the major importers of tomatoes in 2023, accounting for approx. X% and X% of total imports, respectively. It was distantly followed by Fiji (X tons), constituting a X% share of total imports. Marshall Islands (X tons), Vanuatu (X tons), French Polynesia (X tons) and Papua New Guinea (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Marshall Islands (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), New Caledonia ($X) and Fiji ($X) constituted the countries with the highest levels of imports in 2023, together comprising X% of total imports. Marshall Islands, French Polynesia, Papua New Guinea and Vanuatu lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Marshall Islands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Australia and Oceania amounted to $X per ton, shrinking by X% against the previous year. Import price indicated a temperate expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2022, and then dropped in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Fiji ($X per ton), while Vanuatu ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Fiji (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform