Australia - Fructose And Fructose Syrup - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFructose Price in Australia - 2023
Contents:
- Fructose Price in Australia (CIF) - 2023
- Fructose Price in Australia (FOB) - 2022
- Fructose Imports in Australia
- Fructose Exports in Australia
Fructose Price in Australia (CIF) - 2023
In July 2023, the average fructose import price amounted to $1,478 per ton, growing by 11% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 16% m-o-m. The import price peaked at $1,534 per ton in January 2023; afterwards, it flattened through to July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($9,134 per ton), while the price for China ($941 per ton) was amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Fructose Price in Australia (FOB) - 2022
The average fructose export price stood at $1,141 per ton in 2022, rising by 60% against the previous year. In general, the export price, however, continues to indicate a noticeable curtailment. The export price peaked at $1,539 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were New Zealand ($1,189 per ton) and China ($1,084 per ton), while the average price for exports to Brazil ($1,017 per ton) and Thailand ($1,051 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Fructose Imports in Australia
In 2022, fructose imports into Australia dropped to 23K tons, which is down by -6.7% compared with the previous year. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 15% against the previous year. As a result, imports attained the peak of 25K tons, and then fell in the following year.
In value terms, fructose imports rose slightly to $35M in 2022. The total import value increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Fructose in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.8 | 8.8 | 12.2 | 13.2 | 19.2% |
| United States | 3.9 | 3.0 | 3.2 | 3.5 | -3.5% |
| Malaysia | 1.1 | 1.2 | 2.0 | 2.6 | 33.2% |
| Thailand | 1.9 | 2.1 | 2.5 | 2.3 | 6.6% |
| Taiwan (Chinese) | 1.3 | 1.1 | 1.7 | 2.1 | 17.3% |
| South Korea | 2.9 | 1.7 | 1.5 | 1.8 | -14.7% |
| Indonesia | 1.5 | 1.8 | 2.5 | 1.6 | 2.2% |
| Pakistan | 1.6 | 1.4 | 1.4 | 1.4 | -4.4% |
| Turkey | 0.5 | 0.7 | 0.9 | 1.3 | 37.5% |
| France | 0.6 | 1.3 | 1.3 | 1.0 | 18.6% |
| Others | 5.2 | 4.0 | 4.9 | 4.6 | -4.0% |
| Total | 28.4 | 27.1 | 34.1 | 35.5 | 7.7% |
Top Suppliers of Fructose to Australia in 2022:
- China (11.3K tons)
- United States (2.1K tons)
- Malaysia (1.7K tons)
- Thailand (1.4K tons)
- Pakistan (1.1K tons)
- Taiwan (Chinese) (1.1K tons)
- Turkey (1.0K tons)
- Indonesia (0.7K tons)
- South Korea (0.6K tons)
- France (0.5K tons)
Fructose Exports in Australia
After three years of growth, shipments abroad of fructose and fructose syrup decreased by -68.5% to 8.6K tons in 2022. Over the period under review, exports recorded a sharp slump. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. As a result, the exports attained the peak of 27K tons, and then reduced sharply in the following year.
In value terms, fructose exports declined sharply to $9.8M in 2022. In general, exports showed a dramatic decline. The smallest decline of -2.2% was in 2021.
| Export of Fructose in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.7 | 3.2 | 4.9 | 3.4 | 8.0% |
| New Zealand | 8.0 | 6.2 | 2.6 | 2.3 | -34.0% |
| Indonesia | 1.7 | 1.6 | 1.6 | 1.1 | -13.5% |
| Argentina | 1.8 | 2.1 | 2.4 | 0.7 | -27.0% |
| United States | 3.3 | 3.1 | 3.2 | 0.5 | -46.7% |
| Brazil | N/A | 0.5 | 1.7 | 0.4 | -10.6% |
| Thailand | 0.4 | 0.4 | 0.5 | 0.2 | -20.6% |
| Ireland | 0.8 | 0.6 | 0.3 | N/A | -38.8% |
| Others | 1.9 | 2.2 | 2.2 | 1.3 | -11.9% |
| Total | 20.6 | 19.9 | 19.5 | 9.8 | -21.9% |
Top Export Markets for Fructose from Australia in 2022:
- China (3.1K tons)
- New Zealand (1.9K tons)
- Indonesia (1.0K tons)
- Argentina (0.6K tons)
- United States (0.5K tons)
- Brazil (0.4K tons)
- Thailand (0.2K tons)
This report provides an in-depth analysis of the fructose 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 10621320 - Chemically pure fructose in solid form, fructose and fructose syrup, containing in the dry state > .50 % of fructose, i soglucose excluding with added flavouring or colouring matter
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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