Australia - Dried Prunes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDried Prune Price in Australia - 2023
Contents:
- Dried Prune Price in Australia (CIF) - 2023
- Dried Prune Price in Australia (FOB) - 2022
- Dried Prune Imports in Australia
- Dried Prune Exports in Australia
Dried Prune Price in Australia (CIF) - 2023
In July 2023, the average dried prune import price amounted to $5,411 per ton, shrinking by -1.9% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 19% m-o-m. The import price peaked at $6,242 per ton in May 2023; however, from June 2023 to July 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was the United States ($5,831 per ton), while the price for Chile totaled $5,229 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Chile (+0.6%).
Dried Prune Price in Australia (FOB) - 2022
In 2022, the average dried prune export price amounted to $2,623 per ton, approximately mirroring the previous year. In general, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 193% against the previous year. As a result, the export price attained the peak level of $3,461 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($5,557 per ton), while the average price for exports to China stood at $2,455 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+76.5%), while the prices for the other major destinations experienced more modest paces of growth.
Dried Prune Imports in Australia
Dried prune imports into Australia expanded remarkably to 2.1K tons in 2022, picking up by 11% compared with the previous year. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 27%. As a result, imports attained the peak of 2.7K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, dried prune imports skyrocketed to $12M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Dried Prune in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 4.2 | 6.3 | 3.9 | 7.3 | 20.2% |
| United States | 3.2 | 2.3 | 3.0 | 4.0 | 7.7% |
| China | N/A | 0.4 | 0.8 | 1.0 | 58.1% |
| Others | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Total | 7.5 | 9.1 | 7.9 | 12.5 | 18.6% |
Top Suppliers of Dried Prune to Australia in 2022:
- Chile (1372.3 tons)
- United States (667.6 tons)
- China (58.6 tons)
Dried Prune Exports in Australia
In 2022, approx. 1.1K tons of dried prunes were exported from Australia; growing by 33% on the previous year's figure. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,022%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, dried prune exports skyrocketed to $2.8M in 2022. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 630%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Dried Prune in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 112 | 945 | 1,881 | 2,508 | 181.9% |
| New Zealand | 4.0 | 131 | 86.9 | 169 | 248.3% |
| Others | 57.1 | 190 | 109 | 133 | 32.6% |
| Total | 174 | 1,266 | 2,077 | 2,810 | 152.8% |
Top Export Markets for Dried Prune from Australia in 2022:
- China (1021.8 tons)
- New Zealand (30.4 tons)
This report provides an in-depth analysis of the dried prune 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:
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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In July 2023, the price of Dried Prune reached $5,411 per ton (CIF, Australia), showing a decline of -1.9% compared to the previous month.
1671
In 2019, global dried prune exports amounted to 178K tons. Chile was the largest exporter of dried prunes in the world, with the volume of exports reaching 69K tons, which was near 39% of total exports in 2019. Moldova emerged as the fastest-growing exporter exported in the world, with a CAGR of +14.7% from 2007-2019.
154
In July 2023, the price of Dried Prune reached $5,411 per ton (CIF, Australia), showing a decline of -1.9% compared to the previous month.
1671
In 2019, global dried prune exports amounted to 178K tons. Chile was the largest exporter of dried prunes in the world, with the volume of exports reaching 69K tons, which was near 39% of total exports in 2019. Moldova emerged as the fastest-growing exporter exported in the world, with a CAGR of +14.7% from 2007-2019.
