Australia - Papayas - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Australia - Papayas - Market Analysis, Forecast, Size, Trends and Insights

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Papaya Price in Australia - 2023

Contents:

  1. Papaya Price in Australia (CIF) - 2022
  2. Papaya Price in Australia (FOB) - 2022
  3. Papaya Imports in Australia
  4. Papaya Exports in Australia

Papaya Price in Australia (CIF) - 2022

The average papaya import price stood at $5,038 per ton in 2022, surging by 36% against the previous year. In general, the import price recorded a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Fiji.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +14.9% per year.

Papaya Price in Australia (FOB) - 2022

In 2022, the average papaya export price amounted to $2,907 per ton, surging by 21% against the previous year. In general, export price indicated a pronounced increase from 2013 to 2022: its price increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, papaya export price increased by +7.5% against 2018 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by 40% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($3,964 per ton), while the average price for exports to Hong Kong SAR ($2,388 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.

Papaya Imports in Australia

In 2022, approx. 3.8 tons of papayas were imported into Australia; falling by -87.9% compared with the previous year. Over the period under review, imports showed a dramatic downturn. The smallest decline of -10.5% was in 2021.

In value terms, papaya imports dropped notably to $19K in 2022. Overall, imports showed a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 7.6% against the previous year.

Import of Papaya in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Fiji30310511519.1-60.2%
OthersN/A2.40.9N/A-62.5%
Total30310811619.1-60.2%

Top Suppliers of Papaya to Australia in 2022:

  1. Fiji (3.8 tons)

Papaya Exports in Australia

In 2022, the amount of papayas exported from Australia contracted sharply to 3.2 tons, shrinking by -71.2% against the year before. Overall, exports saw a dramatic shrinkage. The growth pace was the most rapid in 2021 when exports increased by 62% against the previous year.

In value terms, papaya exports reduced notably to $9.3K in 2022. In general, exports showed a significant curtailment. The growth pace was the most rapid in 2021 with an increase of 48% against the previous year. As a result, the exports attained the peak of $27K, and then fell dramatically in the following year.

Export of Papaya in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore7.07.51.63.3-22.2%
Hong Kong SAR0.41.80.72.276.5%
KuwaitN/AN/A2.01.9-5.0%
Brunei DarussalamN/A2.4N/A1.8-13.4%
New Zealand13.42.421.8N/A27.5%
United Arab EmiratesN/A3.20.4N/A-87.5%
Canada1.8N/AN/AN/A0%
Others0.80.70.2N/A-50.0%
Total23.418.026.69.3-26.5%

Top Export Markets for Papaya from Australia in 2022:

  1. Hong Kong SAR (920.0 kg)
  2. Singapore (836.0 kg)
  3. Brunei Darussalam (720.0 kg)
  4. Kuwait (700.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the papaya 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 600 - Papayas

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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