Australia - Frozen Fruits And Vegetables - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Frozen Fruits and Vegetables in Australia - 2023
Contents:
- Price for Frozen Fruits and Vegetables in Australia (CIF) - 2022
- Price for Frozen Fruits and Vegetables in Australia (FOB) - 2022
- Imports of Frozen Fruits and Vegetables in Australia
- Exports of Frozen Fruits and Vegetables in Australia
Price for Frozen Fruits and Vegetables in Australia (CIF) - 2022
In 2022, the average frozen fruits and vegetables import price amounted to $1,974 per ton, rising by 5.3% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen fruits and vegetables import price increased by +68.0% against 2015 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 17% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($4,439 per ton), while the price for the Netherlands ($1,188 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Fruits and Vegetables in Australia (FOB) - 2022
The average frozen fruits and vegetables export price stood at $2,294 per ton in 2022, surging by 2.1% against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen fruits and vegetables export price increased by +18.9% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 43%. The export price peaked in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($8,984 per ton), while the average price for exports to Vietnam ($1,227 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 (+25.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Frozen Fruits and Vegetables in Australia
In 2022, frozen fruits and vegetables imports into Australia rose remarkably to 290K tons, increasing by 7.6% on 2021. The total import volume increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen fruits and vegetables imports expanded sharply to $572M in 2022. The total import value increased at an average annual rate of +11.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Fruits and Vegetables in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 51.0 | 55.1 | 76.6 | 104 | 26.8% |
| New Zealand | 85.4 | 85.3 | 83.4 | 84.6 | -0.3% |
| Chile | 64.3 | 73.4 | 60.5 | 67.7 | 1.7% |
| China | 33.0 | 36.0 | 51.9 | 62.0 | 23.4% |
| Netherlands | 21.7 | 32.2 | 41.6 | 53.4 | 35.0% |
| United States | 54.6 | 44.8 | 48.7 | 40.5 | -9.5% |
| Vietnam | 14.0 | 24.4 | 23.1 | 27.9 | 25.8% |
| France | 5.2 | 5.8 | 7.1 | 10.5 | 26.4% |
| Others | 83.7 | 92.7 | 112 | 122 | 13.4% |
| Total | 413 | 450 | 505 | 572 | 11.5% |
Top Suppliers of Frozen Fruits and Vegetables to Australia in 2022:
- New Zealand (70.5K tons)
- Belgium (55.6K tons)
- Netherlands (44.9K tons)
- China (33.4K tons)
- Chile (15.2K tons)
- United States (14.7K tons)
- Vietnam (11.2K tons)
- France (7.0K tons)
Exports of Frozen Fruits and Vegetables in Australia
In 2022, shipments abroad of frozen fruits and vegetables decreased by -17.8% to 14K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25%. As a result, the exports reached the peak of 17K tons, and then dropped rapidly in the following year.
In value terms, frozen fruits and vegetables exports declined notably to $32M in 2022. The total export value increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 30%. As a result, the exports attained the peak of $38M, and then dropped rapidly in the following year.
| Export of Frozen Fruits and Vegetables in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 12.7 | 13.4 | 19.6 | 14.2 | 3.8% |
| United States | 7.6 | 10.7 | 11.7 | 11.5 | 14.8% |
| Papua New Guinea | 0.7 | 0.5 | 0.7 | 1.3 | 22.9% |
| Vietnam | 0.3 | 0.4 | 0.6 | 0.6 | 26.0% |
| Vanuatu | 0.1 | N/A | 0.1 | 0.4 | 58.7% |
| Others | 4.0 | 4.1 | 5.2 | 3.7 | -2.6% |
| Total | 25.4 | 29.1 | 37.7 | 31.7 | 7.7% |
Top Export Markets for Frozen Fruits and Vegetables from Australia in 2022:
- New Zealand (9.6K tons)
- United States (1.3K tons)
- Papua New Guinea (0.7K tons)
- Vietnam (0.5K tons)
- Vanuatu (0.3K tons)
This report provides an in-depth analysis of the market for frozen fruits and vegetables 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 447 - Sweet Corn, Frozen
- FCL 473 - Vegetables, Frozen
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
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