Insects; Live, Bees Price in Australia - 2023

Insects; Live, Bees Price in Australia (FOB) - 2022

In 2022, the average insects; live, bees export price amounted to $0.2 per unit, picking up by 2.6% against the previous year. Overall, the export price, however, saw a drastic downturn. Over the period under review, the average export prices attained the peak figure at $1.2 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -14.5% per year.

Insects; Live, Bees Exports in Australia

Insects; live, bees exports from Australia skyrocketed to 7.9M units in 2022, jumping by 212% compared with 2021. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, insects; live, bees exports soared to $1.7M in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.