Australia - Dairy Spreads - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingDairy Spread Price in Australia - 2023
Contents:
- Dairy Spread Price in Australia (FOB) - 2022
- Dairy Spread Price in Australia (CIF) - 2023
- Dairy Spread Exports in Australia
- Dairy Spread Imports in Australia
Dairy Spread Price in Australia (FOB) - 2022
The average dairy spread export price stood at $4,771 per ton in 2022, growing by 9.5% against the previous year. Over the period under review, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dairy spread export price increased by +18.3% against 2020 indices. The growth pace was the most rapid in 2017 when the average export price increased by 34%. Over the period under review, the average export prices hit record highs at $5,506 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($4,826 per ton), while the average price for exports to Cook Islands ($557 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 Russia (+49.0%), while the prices for the other major destinations experienced more modest paces of growth.
Dairy Spread Price in Australia (CIF) - 2023
The average dairy spread import price stood at $6,520 per ton in May 2023, which is down by -22.8% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 23% against the previous month. The import price peaked at $9,846 per ton in January 2023; however, from February 2023 to May 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Denmark ($9,424 per ton), while the price for India amounted to $5,956 per ton.
From June 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Denmark (+0.6%).
Dairy Spread Exports in Australia
After three years of growth, overseas shipments of dairy spreads decreased by -18.3% to 3.2K tons in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 550% against the previous year. As a result, the exports reached the peak of 3.9K tons, and then shrank rapidly in the following year.
In value terms, dairy spread exports declined to $15M in 2022. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 602% against the previous year. As a result, the exports reached the peak of $17M, and then dropped in the following year.
| Export of Dairy Spread in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 2.5 | 2.3 | 14.2 | 14.7 | 80.5% |
| Japan | N/A | N/A | 2.6 | 0.6 | -76.9% |
| Cook Islands | N/A | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.1 | 0.4 | 0.1 | -20.6% |
| Total | 2.6 | 2.4 | 17.2 | 15.4 | 80.9% |
Top Export Markets for Dairy Spread from Australia in 2022:
- South Korea (3036.7 tons)
- Japan (123.0 tons)
- Cook Islands (49.9 tons)
Dairy Spread Imports in Australia
In 2022, the amount of dairy spreads imported into Australia skyrocketed to 192 tons, increasing by 100% on 2021. In general, imports saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 156%. As a result, imports reached the peak of 195 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, dairy spread imports soared to $1.5M in 2022. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 183% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Dairy Spread in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | 449 | 535 | 729 | 27.4% |
| India | 474 | 813 | 267 | 703 | 14.0% |
| New Zealand | N/A | 13.9 | 4.5 | 83.0 | 144.4% |
| Netherlands | N/A | 105 | N/A | N/A | 0% |
| Others | 13.4 | N/A | 2.8 | 15.3 | 4.5% |
| Total | 488 | 1,381 | 809 | 1,530 | 46.4% |
Top Suppliers of Dairy Spread to Australia in 2022:
- India (98.5 tons)
- Denmark (82.1 tons)
- New Zealand (9.2 tons)
This report provides an in-depth analysis of the dairy spread 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 10513070 - Dairy spreads of a fat content by weight < .80 %
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- 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
-
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
-
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
441
This report provides an in-depth analysis of the dairy spread market in Australia.
698
This report provides an in-depth analysis of the butter and ghee market in Australia.
391
This report provides an in-depth analysis of the market for butter and dairy spreads in Australia.
1096
This report provides an in-depth analysis of the ghee market in Australia.
1132
This report provides an in-depth analysis of the butter market in Australia.
482
This report provides an in-depth analysis of the dairy produce market in Australia.
1009
This report provides an in-depth analysis of the global dairy spread market.
2090
This report provides an in-depth analysis of the global butter and ghee market.
905
This report provides an in-depth analysis of the global market for butter and dairy spreads.
2819
This report provides an in-depth analysis of the global ghee market.
207
Australia Dairy Spread Export Price in December 2022. In December 2022, the dairy spread price amounted to $2,516 per ton (FOB, Australia), with a decrease of -54% against the previous month. Australia's dairy spread exports reached 87 tons for the first time since July 2022, with Cook Islands (50 tons) and South Korea (37 tons) being the main destinations. The fall in prices can be attributed to lower demand from international markets and an oversupply of product, causing significant strain on the producers. Industry experts are calling for urgent government intervention to help the industry weather the storm and emerge stronger in the long run.
293
In August 2022, the dairy spread price stood at $4,796 per ton (FOB, Australia), growing by 7% against the previous month.
489
In September 2022, the butter and ghee price stood at $6,567 per ton (CIF, Australia), declining by -4% against the previous month.
852
In November 2022, the butter price stood at $5,416 per ton (CIF, Australia), dropping by -7.8% against the previous month.
7851
Global butter and ghee consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
2842
Global butter and ghee exports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
6334
Global butter and ghee imports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
6781
In 2015, the countries with the highest levels of butter and ghee production were Turkey (X thousand tons), Iran (X thousand tons), Syria (X thousand tons), together accounting for X% of total output.
1028
The global butter and ghee market fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015.
2784
The market of butter and ghee fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015. Over the last year, the market dropped by X% in value terms.
