Australia - Garlic - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGarlic Price in Australia - 2023
Contents:
- Garlic Price in Australia (CIF) - 2023
- Garlic Price in Australia (FOB) - 2022
- Garlic Imports in Australia
- Garlic Exports in Australia
Garlic Price in Australia (CIF) - 2023
The average garlic import price stood at $2,450 per ton in July 2023, which is down by -1.7% against the previous month. Overall, import price indicated a moderate increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, garlic import price increased by +54.9% against April 2023 indices. The pace of growth was the most pronounced in June 2023 an increase of 26% m-o-m. As a result, import price attained the peak level of $2,493 per ton, and then declined in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Mexico ($4,596 per ton), while the price for Argentina ($1,529 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Egypt (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Garlic Price in Australia (FOB) - 2022
In 2022, the average garlic export price amounted to $2,754 per ton, shrinking by -11.9% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 63% against the previous year. The export price peaked at $3,404 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Nauru ($3,813 per ton), while the average price for exports to New Zealand ($2,307 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 (+27.0%), while the prices for the other major destinations experienced more modest paces of growth.
Garlic Imports in Australia
For the fourth consecutive year, Australia recorded growth in overseas purchases of garlic, which increased by 3.8% to 15K tons in 2022. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, garlic imports declined to $28M in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 9.4% against the previous year. As a result, imports reached the peak of $31M, and then dropped in the following year.
| Import of Garlic in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.3 | 16.9 | 20.2 | 19.8 | 2.7% |
| Mexico | 2.3 | 3.4 | 2.9 | 3.4 | 13.9% |
| Spain | 3.3 | 3.5 | 4.0 | 2.4 | -10.1% |
| Argentina | 1.3 | 1.5 | 1.8 | 1.3 | 0.0% |
| Egypt | 0.8 | 1.6 | 0.4 | 0.5 | -14.5% |
| Others | 0.9 | 1.3 | 1.6 | 1.1 | 6.9% |
| Total | 27.0 | 28.2 | 30.9 | 28.4 | 1.7% |
Top Suppliers of Garlic to Australia in 2022:
- China (12.0K tons)
- Mexico (0.8K tons)
- Spain (0.7K tons)
- Argentina (0.6K tons)
- Egypt (0.2K tons)
Garlic Exports in Australia
In 2022, overseas shipments of garlic decreased by -3.8% to 75 tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 26%. As a result, the exports attained the peak of 90 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, garlic exports reduced dramatically to $207K in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -32.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 73%. As a result, the exports attained the peak of $305K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Garlic in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Solomon Islands | 22.0 | 18.7 | 33.1 | 95.4 | 63.1% |
| Papua New Guinea | 124 | 116 | 104 | 80.2 | -13.5% |
| Vanuatu | 7.7 | 10.9 | 28.4 | 12.4 | 17.2% |
| Nauru | 7.6 | 6.3 | 5.3 | 6.0 | -7.6% |
| Kiribati | 3.5 | 3.7 | 7.5 | 4.4 | 7.9% |
| New Zealand | N/A | 81.9 | 2.2 | 3.0 | -80.9% |
| China | N/A | 49.8 | 45.9 | N/A | -7.8% |
| French Polynesia | 9.6 | 0.3 | 2.1 | N/A | -53.2% |
| Others | 2.8 | 17.9 | 16.1 | 5.7 | 26.7% |
| Total | 177 | 305 | 244 | 207 | 5.4% |
Top Export Markets for Garlic from Australia in 2022:
- Solomon Islands (35.4 tons)
- Papua New Guinea (28.8 tons)
- Vanuatu (4.9 tons)
- Kiribati (1.7 tons)
- Nauru (1.6 tons)
- New Zealand (1.3 tons)
This report provides an in-depth analysis of the garlic 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 406 - Garlic
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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