Australia - Preserved Sauerkraut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPreserved Sauerkraut Price in Australia - 2023
Contents:
- Preserved Sauerkraut Price in Australia (CIF) - 2023
- Preserved Sauerkraut Price in Australia (FOB) - 2023
- Preserved Sauerkraut Imports in Australia
- Preserved Sauerkraut Exports in Australia
Preserved Sauerkraut Price in Australia (CIF) - 2023
The average preserved sauerkraut import price stood at $1,695 per ton in September 2023, shrinking by -5.1% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 18% m-o-m. As a result, import price reached the peak level of $2,296 per ton. From February 2023 to September 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($4,607 per ton), while the price for Germany ($471 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 New Zealand (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Sauerkraut Price in Australia (FOB) - 2023
The average preserved sauerkraut export price stood at $2,837 per ton in September 2023, picking up by 33% against the previous month. In general, the export price, however, recorded a noticeable descent. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 412% m-o-m. As a result, the export price reached the peak level of $7,396 per ton. From December 2022 to September 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was the UK ($5,914 per ton), while the average price for exports to Japan ($2,403 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+9.7%), while the prices for the other major destinations experienced mixed trend patterns.
Preserved Sauerkraut Imports in Australia
Preserved sauerkraut imports into Australia stood at 51K tons in 2022, growing by 6.1% against 2021. Over the period under review, imports, however, saw a mild downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 12% against the previous year. As a result, imports attained the peak of 60K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, preserved sauerkraut imports rose markedly to $104M in 2022. The total import value increased at an average annual rate of +8.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 23%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Preserved Sauerkraut in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.3 | 25.0 | 23.9 | 25.3 | 27.2% |
| Italy | 15.2 | 18.6 | 14.7 | 19.1 | 7.9% |
| New Zealand | 18.5 | 14.6 | 13.7 | 10.3 | -17.7% |
| Thailand | 3.9 | 4.4 | 5.9 | 9.2 | 33.1% |
| Turkey | 3.8 | 4.6 | 4.8 | 6.2 | 17.7% |
| South Korea | 3.8 | 5.8 | 5.5 | 6.1 | 17.1% |
| Spain | 2.9 | 2.8 | 3.5 | 3.2 | 3.3% |
| Greece | 1.8 | 2.5 | 1.9 | 2.8 | 15.9% |
| India | 2.0 | 1.4 | 1.1 | 1.8 | -3.5% |
| Others | 17.2 | 20.3 | 16.8 | 19.8 | 4.8% |
| Total | 81.3 | 100 | 91.7 | 104 | 8.6% |
Top Suppliers of Preserved Sauerkraut to Australia in 2022:
- Italy (15.0K tons)
- China (8.8K tons)
- New Zealand (7.5K tons)
- Turkey (4.3K tons)
- Thailand (2.9K tons)
- South Korea (1.4K tons)
- Spain (1.3K tons)
- Greece (1.0K tons)
- India (0.8K tons)
Preserved Sauerkraut Exports in Australia
After three years of growth, shipments abroad of preserved sauerkraut decreased by -30.9% to 1.4K tons in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +6.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 64%.
In value terms, preserved sauerkraut exports fell markedly to $6.3M in 2022. In general, exports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 80% against the previous year.
| Export of Preserved Sauerkraut in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 2.7 | 2.5 | 3.8 | 3.9 | 13.0% |
| United States | 0.3 | 2.7 | 1.7 | 1.2 | 58.7% |
| Japan | 0.5 | 0.7 | 1.8 | 0.4 | -7.2% |
| Papua New Guinea | N/A | N/A | N/A | 0.1 | 0% |
| China | N/A | 0.4 | 0.4 | N/A | 0.0% |
| Others | 0.4 | 0.9 | 1.3 | 0.7 | 20.5% |
| Total | 4.0 | 7.2 | 9.1 | 6.3 | 16.3% |
Top Export Markets for Preserved Sauerkraut from Australia in 2022:
- New Zealand (1059.4 tons)
- Japan (101.5 tons)
- United States (80.2 tons)
- Papua New Guinea (25.4 tons)
- China (0.3 tons)
This report provides an in-depth analysis of the preserved sauerkraut 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 10391750 - Preserved sauerkraut (excluding prepared vegetable dishes and sauerkraut dried, frozen or preserved by vinegar or acetic acid)
- PRODCOM 10391750 -
- PRODCOM 10391760 -
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
- 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
354
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In September 2022, the canned vegetable price stood at $1,701 per ton (CIF, Australia), declining by -1.6% against the previous month.
372
In April 2023, the preserved peas price stood at $3,160 per ton (CIF, Australia), reducing by -22.3% against the previous month.
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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.
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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
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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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In September 2022, the canned vegetable price stood at $1,701 per ton (CIF, Australia), declining by -1.6% against the previous month.
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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.
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In December 2022, the price of preserved asparagus (CIF, Australia) was relatively stable, at $3,486 per ton, compared to the previous month.
