Mandarins Price in Australia - 2023
Contents:
- Mandarins Price in Australia (FOB) - 2022
- Mandarins Price in Australia (CIF) - 2022
- Mandarins Exports in Australia
- Mandarins Imports in Australia
Mandarins Price in Australia (FOB) - 2022
The average mandarins export price stood at $1,569 per ton in 2022, shrinking by -10.8% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 8.3%. The export price peaked at $1,760 per ton in 2021, and then reduced in the following year.
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 Indonesia ($2,077 per ton), while the average price for exports to Vietnam ($949 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Mandarins Price in Australia (CIF) - 2022
In 2022, the average mandarins import price amounted to $2,816 per ton, therefore, remained relatively stable against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2020 an increase of 33% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2,992 per ton), while the price for Israel ($1,544 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+19.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Mandarins Exports in Australia
Mandarins exports from Australia contracted to 73K tons in 2022, waning by -6.8% compared with the previous year. Over the period under review, exports continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2021 when exports increased by 34%.
In value terms, mandarins exports reduced rapidly to $114M in 2022. In general, exports recorded a deep reduction. The growth pace was the most rapid in 2021 with an increase of 41%.
| Export of Mandarins in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 51.0 | 26.4 | 26.8 | 31.9 | -14.5% |
| Thailand | 14.3 | 12.8 | 16.3 | 17.4 | 6.8% |
| Hong Kong SAR | 26.9 | 14.4 | 7.6 | 14.7 | -18.2% |
| Philippines | 8.7 | 5.1 | 8.4 | 9.0 | 1.1% |
| Indonesia | 7.0 | 5.4 | 8.3 | 8.8 | 7.9% |
| New Zealand | 5.6 | 5.5 | 5.7 | 6.0 | 2.3% |
| Japan | 5.1 | 7.5 | 4.1 | 5.2 | 0.6% |
| Vietnam | 2.2 | 2.8 | 3.5 | 3.7 | 18.9% |
| United Arab Emirates | 4.0 | 2.8 | 3.4 | 3.6 | -3.5% |
| United States | 4.0 | 3.6 | 1.5 | 2.7 | -12.3% |
| Singapore | 2.1 | 1.5 | 2.2 | 2.3 | 3.1% |
| Others | 9.1 | 9.6 | 49.5 | 8.8 | -1.1% |
| Total | 140 | 97.4 | 137 | 114 | -6.6% |
Top Export Markets for Mandarins from Australia in 2022:
- China (15.7K tons)
- Thailand (10.4K tons)
- Philippines (8.8K tons)
- Hong Kong SAR (7.5K tons)
- New Zealand (4.8K tons)
- Indonesia (4.2K tons)
- Vietnam (3.9K tons)
- United Arab Emirates (3.5K tons)
- Japan (3.4K tons)
- Singapore (1.8K tons)
- United States (1.7K tons)
Mandarins Imports in Australia
For the third year in a row, Australia recorded decline in purchases abroad of fruit, edible, which decreased by -5.5% to 3K tons in 2022. In general, imports showed a abrupt decline.
In value terms, mandarins imports contracted slightly to $8.4M in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 16%. As a result, imports reached the peak of $9.9M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Mandarins in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.3 | 8.8 | 7.1 | 6.7 | -2.8% |
| New Zealand | 0.1 | 0.7 | 1.5 | 1.2 | 128.9% |
| Israel | 1.1 | 0.3 | 0.3 | 0.5 | -23.1% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 8.6 | 9.9 | 8.8 | 8.4 | -0.8% |
Top Suppliers of Mandarins to Australia in 2022:
- United States (2250.6 tons)
- New Zealand (427.8 tons)
- Israel (303.4 tons)
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