Australia - Dry Vegetable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Vegetable Price in Australia - 2023
Contents:
- Dry Vegetable Price in Australia (CIF) - 2023
- Dry Vegetable Price in Australia (FOB) - 2022
- Dry Vegetable Imports in Australia
- Dry Vegetable Exports in Australia
Dry Vegetable Price in Australia (CIF) - 2023
The average dry vegetable import price stood at $3,656 per ton in September 2023, reducing by -7.9% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 17% m-o-m. The import price peaked at $3,968 per ton in August 2023, and then reduced in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($8,805 per ton), while the price for China ($2,850 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Dry Vegetable Price in Australia (FOB) - 2022
The average dry vegetable export price stood at $22,581 per ton in 2022, with an increase of 53% against the previous year. Overall, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 155%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($95,996 per ton), while the average price for exports to Greece ($1,545 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 the United States (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.
Dry Vegetable Imports in Australia
Dry vegetable imports into Australia rose to 14K tons in 2022, with an increase of 3.6% against 2021. The total import volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 9.9% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, dry vegetable imports stood at $50M in 2022. The total import value increased at an average annual rate of +10.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Dry Vegetable in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.0 | 19.0 | 22.2 | 24.2 | 14.8% |
| United States | 7.0 | 7.1 | 6.0 | 6.5 | -2.4% |
| Turkey | 3.3 | 2.8 | 3.1 | 4.1 | 7.5% |
| New Zealand | 2.8 | 3.2 | 3.4 | 3.3 | 5.6% |
| India | 2.0 | 1.5 | 2.2 | 2.6 | 9.1% |
| Germany | 1.2 | 1.2 | 1.3 | 2.3 | 24.2% |
| Spain | 0.3 | 0.6 | 0.7 | 0.9 | 44.2% |
| Others | 4.7 | 4.2 | 5.1 | 6.0 | 8.5% |
| Total | 37.3 | 39.6 | 44.1 | 49.8 | 10.1% |
Top Suppliers of Dry Vegetable to Australia in 2022:
- China (8.6K tons)
- United States (1.3K tons)
- Turkey (1.0K tons)
- India (0.8K tons)
- New Zealand (0.5K tons)
- Germany (0.3K tons)
- Spain (0.2K tons)
Dry Vegetable Exports in Australia
In 2022, shipments abroad of dry vegetables decreased by -47.1% to 675 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a perceptible decline. The pace of growth appeared the most rapid in 2020 when exports increased by 33% against the previous year.
In value terms, dry vegetable exports contracted remarkably to $15M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 59%.
| Export of Dry Vegetable in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.0 | 10.9 | 14.3 | 11.0 | 22.4% |
| Japan | 1.1 | 1.2 | 0.8 | 1.1 | 0.0% |
| New Zealand | 0.3 | 1.0 | 1.2 | 0.9 | 44.2% |
| Singapore | 0.3 | 0.2 | 0.4 | 0.3 | 0.0% |
| United Kingdom | 0.7 | 0.9 | 0.7 | 0.3 | -24.6% |
| Malaysia | 0.4 | 0.8 | 0.9 | 0.3 | -9.1% |
| Greece | N/A | N/A | N/A | 0.1 | 0% |
| Hong Kong SAR | 0.3 | 0.2 | 0.1 | N/A | -42.3% |
| Others | 0.8 | 0.7 | 0.5 | 1.3 | 17.6% |
| Total | 10.0 | 15.9 | 18.9 | 15.2 | 15.0% |
Top Export Markets for Dry Vegetable from Australia in 2022:
- Japan (121.1 tons)
- New Zealand (119.6 tons)
- United States (114.2 tons)
- Singapore (59.9 tons)
- Greece (55.7 tons)
- United Kingdom (43.2 tons)
- Malaysia (37.3 tons)
- Hong Kong SAR (1.5 tons)
This report provides an in-depth analysis of the dry vegetable 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:
- FCL 469 - Vegetables, Dehydrated
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
-
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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