Australia - Preserved Peas - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Peas Price in Australia - 2023
Contents:
- Preserved Peas Price in Australia (CIF) - 2023
- Preserved Peas Price in Australia (FOB) - 2022
- Preserved Peas Imports in Australia
- Preserved Peas Exports in Australia
Preserved Peas Price in Australia (CIF) - 2023
The average preserved peas import price stood at $3,738 per ton in September 2023, which is down by -8.8% against the previous month. Over the period under review, the import price saw a noticeable slump. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 67% against the previous month. The import price peaked at $5,317 per ton in September 2022; however, from October 2022 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Thailand ($5,082 per ton), while the price for Italy ($1,352 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Preserved Peas Price in Australia (FOB) - 2022
The average preserved peas export price stood at $3,124 per ton in 2022, increasing by 5.4% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 49% against the previous year. As a result, the export price reached the peak level of $4,612 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($30,528 per ton), while the average price for exports to Vanuatu ($1,705 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 (+43.7%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Peas Imports in Australia
After three years of growth, purchases abroad of preserved peas decreased by -30.5% to 3.2K tons in 2022. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 33%.
In value terms, preserved peas imports declined to $14M in 2022. The total import value increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year.
| Import of Preserved Peas in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 9.4 | 10.9 | 11.9 | 10.6 | 4.1% |
| Italy | 0.6 | 0.9 | 0.6 | 0.7 | 5.3% |
| China | 0.5 | 0.6 | 0.7 | 0.7 | 11.9% |
| France | 0.6 | 0.7 | 0.4 | 0.6 | 0.0% |
| United Kingdom | 0.4 | 0.4 | 0.5 | 0.5 | 7.7% |
| New Zealand | 0.3 | 0.2 | 0.2 | 0.4 | 10.1% |
| Belgium | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 0.3 | 0.4 | 0.4 | 0.4 | 10.1% |
| Total | 12.1 | 14.2 | 14.7 | 13.9 | 4.7% |
Top Suppliers of Preserved Peas to Australia in 2022:
- Thailand (1346.9 tons)
- Italy (653.0 tons)
- France (347.5 tons)
- United Kingdom (285.3 tons)
- New Zealand (221.2 tons)
- China (198.9 tons)
- Belgium (62.2 tons)
Preserved Peas Exports in Australia
In 2022, approx. 32 tons of preserved peas were exported from Australia; dropping by -77% on the previous year's figure. Over the period under review, exports showed a noticeable shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 439% against the previous year. As a result, the exports attained the peak of 138 tons, and then shrank significantly in the following year.
In value terms, preserved peas exports contracted markedly to $100K in 2022. Overall, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 329% against the previous year. As a result, the exports reached the peak of $410K, and then declined sharply in the following year.
| Export of Preserved Peas in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 126 | 90.4 | 402 | 84.2 | -12.6% |
| Papua New Guinea | N/A | N/A | N/A | 9.6 | 0% |
| Vanuatu | N/A | 0.5 | 0.4 | 1.0 | 41.4% |
| United Kingdom | 34.3 | N/A | N/A | N/A | 0% |
| Others | 3.0 | 4.6 | 8.1 | 4.7 | 16.1% |
| Total | 163 | 95.5 | 410 | 99.5 | -15.2% |
Top Export Markets for Preserved Peas from Australia in 2022:
- New Zealand (27.3 tons)
- Papua New Guinea (2.9 tons)
- Vanuatu (0.6 tons)
This report provides an in-depth analysis of the preserved peas 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 10391600 - Peas, preserved otherwise than by vinegar or acetic acid, e xcept prepared vegetable dishes
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
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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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In April 2023, the preserved peas price stood at $3,160 per ton (CIF, Australia), reducing by -22.3% against the previous month.
260
In September 2022, the canned vegetable price stood at $1,701 per ton (CIF, Australia), declining by -1.6% against the previous month.
359
In December 2022, the price of preserved asparagus (CIF, Australia) was relatively stable, at $3,486 per ton, compared to the previous month.
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In December 2022, the preserved olive price amounted to $3,037 per ton (CIF, Australia), shrinking by -9.8% against the previous month.
1338
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
1584
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
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Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
367
In April 2023, the preserved peas price stood at $3,160 per ton (CIF, Australia), reducing by -22.3% against the previous month.
260
In September 2022, the canned vegetable price stood at $1,701 per ton (CIF, Australia), declining by -1.6% against the previous month.
359
In December 2022, the price of preserved asparagus (CIF, Australia) was relatively stable, at $3,486 per ton, compared to the previous month.
