Australia - Food Preparations For Infants - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBaby Food Price in Australia - 2023
Contents:
- Baby Food Price in Australia (FOB) - 2023
- Baby Food Price in Australia (CIF) - 2023
- Baby Food Exports in Australia
- Baby Food Imports in Australia
Baby Food Price in Australia (FOB) - 2023
The average baby food export price stood at $15,969 per ton in August 2023, shrinking by -8.5% against the previous month. Over the period from September 2022 to August 2023, it increased at an average monthly rate of +3.4%. The pace of growth was the most pronounced in June 2023 when the average export price increased by 53% month-to-month. Over the period under review, the average export prices hit record highs at $17,451 per ton in July 2023, and then shrank in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was China ($18,838 per ton), while the average price for exports to New Zealand ($8,118 per ton) was amongst the lowest.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Baby Food Price in Australia (CIF) - 2023
The average baby food import price stood at $9,134 per ton in August 2023, surging by 12% against the previous month. Over the period from September 2022 to August 2023, it increased at an average monthly rate of +2.8%. The pace of growth was the most pronounced in May 2023 an increase of 35% against the previous month. Over the period under review, average import prices attained the maximum in August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($18,665 per ton), while the price for Germany ($7,661 per ton) was amongst the lowest.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Baby Food Exports in Australia
In 2022, baby food exports from Australia fell slightly to 22K tons, with a decrease of -1.9% on 2021. In general, exports showed a precipitous slump.
In value terms, baby food exports totaled $325M in 2022. Over the period under review, exports faced a dramatic descent.
| Export of Baby Food in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 533 | 297 | 220 | 217 | -25.9% |
| Vietnam | 15.5 | 31.5 | 42.4 | 39.2 | 36.2% |
| United States | N/A | N/A | N/A | 13.4 | 0% |
| Hong Kong SAR | 59.5 | 40.5 | 11.8 | 9.9 | -45.0% |
| Bangladesh | 3.0 | 1.5 | 6.2 | 7.8 | 37.5% |
| Taiwan (Chinese) | 29.5 | 16.0 | 7.2 | 7.0 | -38.1% |
| Singapore | 1.4 | 1.3 | 4.1 | 5.8 | 60.6% |
| South Korea | 4.0 | 12.4 | 2.5 | 4.9 | 7.0% |
| New Zealand | 1.4 | 2.5 | 3.1 | 3.3 | 33.1% |
| Others | 4.6 | 9.9 | 15.4 | 16.1 | 51.8% |
| Total | 652 | 413 | 313 | 325 | -20.7% |
Top Export Markets for Baby Food from Australia in 2022:
- China (13.6K tons)
- Vietnam (2.4K tons)
- Bangladesh (1.2K tons)
- United States (1.0K tons)
- Taiwan (Chinese) (0.8K tons)
- Hong Kong SAR (0.6K tons)
- Singapore (0.5K tons)
- New Zealand (0.5K tons)
- South Korea (0.4K tons)
Baby Food Imports in Australia
After two years of decline, purchases abroad of food preparations for infants increased by 18% to 21K tons in 2022. Overall, imports, however, continue to indicate a deep contraction.
In value terms, baby food imports skyrocketed to $154M in 2022. Over the period under review, imports, however, continue to indicate a deep contraction.
| Import of Baby Food in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 212 | 198 | 80.3 | 101 | -21.9% |
| Netherlands | 14.8 | 44.0 | 12.6 | 20.4 | 11.3% |
| Switzerland | 2.2 | 7.0 | 15.1 | 11.1 | 71.5% |
| Mexico | 9.7 | 17.3 | 7.6 | 8.4 | -4.7% |
| France | 15.0 | 12.6 | 5.9 | 4.4 | -33.6% |
| Germany | 5.9 | 4.7 | 1.8 | 4.0 | -12.2% |
| Others | 2.5 | 7.6 | 3.2 | 5.2 | 27.7% |
| Total | 263 | 292 | 126 | 154 | -16.3% |
Top Suppliers of Baby Food to Australia in 2022:
- New Zealand (14.9K tons)
- Netherlands (1.7K tons)
- Switzerland (1.4K tons)
- Mexico (0.9K tons)
- France (0.8K tons)
- Germany (0.3K tons)
This report provides an in-depth analysis of the baby food 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 10861070 - Food preparations for infants, p.r.s. (excluding homogenised composite food preparations)
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
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The price of Baby Food in July 2023 was $17,215 per ton (FOB, Australia), showing a 14% increase compared to the previous month.
419
In August 2022, the malt extract and food preparations of flour, meal, and starch price stood at $4,558 per ton (FOB, Australia), jumping by 20% against the previous month.
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Explore the top import markets for baby food and the key statistics of these markets. Know about the countries with the highest import values for baby food, such as China, Saudi Arabia, the United States, and more.
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The price of Baby Food in July 2023 was $17,215 per ton (FOB, Australia), showing a 14% increase compared to the previous month.
419
In August 2022, the malt extract and food preparations of flour, meal, and starch price stood at $4,558 per ton (FOB, Australia), jumping by 20% against the previous month.
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Explore the top import markets for baby food and the key statistics of these markets. Know about the countries with the highest import values for baby food, such as China, Saudi Arabia, the United States, and more.
