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Australia - Vinegar - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Dec 21, 2023

Australia's October 2023 Imports of Vinegar Increase Modestly to $1.9M

Australia Vinegar Imports

In October 2023, purchases abroad of vinegar increased by 10% to 1K tons, rising for the third consecutive month after two months of decline. Over the period under review, imports recorded a mild expansion. The growth pace was the most rapid in December 2022 when imports increased by 103% m-o-m. As a result, imports attained the peak of 2.2K tons. From January 2023 to October 2023, the growth of imports failed to regain momentum.

In value terms, vinegar imports expanded sharply to $1.9M (IndexBox estimates) in October 2023. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when imports increased by 102% against the previous month. As a result, imports attained the peak of $4.6M. From January 2023 to October 2023, the growth of imports failed to regain momentum. Australia Vinegar Imports By Country (Thousand USD)

COUNTRY	Import Value of Vinegar in Australia (thousand USD)
COUNTRY	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023	May 2023	Jun 2023	Jul 2023	Aug 2023	Sep 2023	Oct 2023
Italy	803	939	985	865	524	715	981	926	843	768	652	653	1,103
Japan	267	401	2,923	298	286	664	362	316	281	159	221	253	278
China	262	150	196	181	121	165	172	189	202	163	224	191	196
France	43.5	40.0	55.0	139	32.3	32.8	29.7	45.2	39.6	62.7	147	110	53.6
Philippines	35.2	35.8	71.2	38.6	55.6	5.3	34.0	37.2	37.7	24.1	78.9	39.5	52.5
Portugal	N/A	45.5	50.5	50.3	49.8	N/A	51.1	48.5	47.9	52.7	N/A	N/A	50.7
New Zealand	87.3	135	46.3	44.2	48.2	45.3	32.7	32.9	43.8	76.3	123	36.8	13.6
Others	432	516	243	720	172	397	104	545	147	427	108	397	151
Total	1,929	2,262	4,569	2,336	1,289	2,024	1,766	2,141	1,642	1,732	1,555	1,681	1,898

Imports by Country

Italy (404 tons), Japan (282 tons) and China (119 tons) were the main suppliers of vinegar imports to Australia, together accounting for 78% of total imports.

From October 2022 to October 2023, the biggest increases were in Italy (with a CAGR of +3.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($1.1M) constituted the largest supplier of vinegar to Australia, comprising 58% of total imports. The second position in the ranking was held by Japan ($278K), with a 15% share of total imports. It was followed by China, with a 10% share.

From October 2022 to October 2023, the average monthly rate of growth in terms of value from Italy totaled +2.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: Japan (+0.3% per month) and China (-2.4% per month).

Import Prices by Country

In October 2023, the vinegar price stood at $1,849 per ton (CIF, Australia), rising by 2.3% against the previous month. Overall, the import price, however, recorded a slight decrease. The pace of growth appeared the most rapid in July 2023 an increase of 13% against the previous month. Over the period under review, average import prices attained the maximum at $2,262 per ton in October 2022; however, from November 2022 to October 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($2,729 per ton), while the price for Vietnam ($623 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Philippines (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the vinegar market 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:

Prodcom 10841130 - Vinegar and substitutes for vinegar made from wine
Prodcom 10841190 - Vinegar and substitutes for vinegar (excluding made from wine)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

Australia - Vinegar - Market Analysis, Forecast, Size, Trends And Insights

Australia's October 2023 Imports of Vinegar Increase Modestly to $1.9M

Australia Vinegar Imports

Imports by Country

Import Prices by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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