Australia - Vegetables (Preserved And Frozen) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Preserved and Frozen Vegetable in Australia - 2023
Contents:
- Price for Preserved and Frozen Vegetable in Australia (CIF) - 2023
- Price for Preserved and Frozen Vegetable in Australia (FOB) - 2023
- Imports of Preserved and Frozen Vegetable in Australia
- Exports of Preserved and Frozen Vegetable in Australia
Price for Preserved and Frozen Vegetable in Australia (CIF) - 2023
In September 2023, the average preserved and frozen vegetable import price amounted to $1,689 per ton, which is down by -2% against the previous month. Overall, the import price, however, saw a modest expansion. The most prominent rate of growth was recorded in January 2023 an increase of 12% month-to-month. As a result, import price attained the peak level of $1,778 per ton. From February 2023 to September 2023, the average 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 China ($3,577 per ton), while the price for New Zealand ($1,072 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 the United States (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Preserved and Frozen Vegetable in Australia (FOB) - 2023
The average preserved and frozen vegetable export price stood at $2,359 per ton in September 2023, dropping by -27.6% against the previous month. In general, export price indicated notable growth from September 2022 to September 2023: its price increased at an average monthly rate of +2.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, preserved and frozen vegetable export price decreased by -27.6% against August 2023 indices. The growth pace was the most rapid in October 2022 an increase of 53% month-to-month. The export price peaked at $3,792 per ton in January 2023; however, from February 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($10,388 per ton), while the average price for exports to New Zealand totaled $1,422 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vanuatu (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Preserved and Frozen Vegetable in Australia
In 2022, approx. 140K tons of vegetables (preserved, frozen) were imported into Australia; with an increase of 8.7% against the year before. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, preserved and frozen vegetable imports stood at $207M in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Preserved and Frozen Vegetable in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 36.7 | 35.1 | 43.6 | 61.3 | 18.6% |
| Netherlands | 19.8 | 29.5 | 38.8 | 50.1 | 36.3% |
| New Zealand | 43.5 | 39.0 | 35.1 | 33.7 | -8.2% |
| United States | 31.5 | 21.4 | 28.0 | 15.8 | -20.5% |
| China | 6.7 | 7.6 | 10.9 | 11.2 | 18.7% |
| Argentina | N/A | 0.3 | 3.7 | 4.0 | 265.1% |
| Canada | 0.1 | N/A | 0.9 | 3.7 | 233.2% |
| South Africa | 6.1 | 3.7 | 5.5 | 3.2 | -19.3% |
| Others | 15.8 | 16.3 | 17.6 | 24.0 | 15.0% |
| Total | 160 | 153 | 184 | 207 | 9.0% |
Top Suppliers of Preserved and Frozen Vegetable to Australia in 2022:
- Netherlands (43.4K tons)
- Belgium (36.3K tons)
- New Zealand (33.1K tons)
- United States (9.3K tons)
- Argentina (3.3K tons)
- China (3.0K tons)
- Canada (2.5K tons)
- South Africa (1.3K tons)
Exports of Preserved and Frozen Vegetable in Australia
In 2022, shipments abroad of vegetables (preserved, frozen) decreased by -17.8% to 12K 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 +4.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 31%. As a result, the exports attained the peak of 15K tons, and then shrank notably in the following year.
In value terms, preserved and frozen vegetable exports reduced to $27M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +36.9% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 31%. As a result, the exports attained the peak of $31M, and then contracted in the following year.
| Export of Preserved and Frozen Vegetable in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 11.3 | 11.8 | 18.1 | 13.1 | 5.1% |
| United States | 6.9 | 10.3 | 11.1 | 10.9 | 16.5% |
| Papua New Guinea | 0.2 | 0.2 | 0.2 | 0.6 | 44.2% |
| Vietnam | 0.3 | 0.4 | 0.4 | 0.6 | 26.0% |
| Singapore | N/A | 0.3 | N/A | 0.3 | 0.0% |
| Vanuatu | 0.1 | N/A | N/A | 0.3 | 44.2% |
| Others | 1.1 | 1.0 | 1.6 | 1.3 | 5.7% |
| Total | 19.8 | 24.0 | 31.5 | 27.1 | 11.0% |
Top Export Markets for Preserved and Frozen Vegetable from Australia in 2022:
- New Zealand (9.4K tons)
- United States (1.1K tons)
- Vietnam (0.5K tons)
- Papua New Guinea (0.4K tons)
- Singapore (0.2K tons)
- Vanuatu (0.2K tons)
This report provides an in-depth analysis of the market for preserved and frozen vegetable 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 475 - Vegetables, Preserved (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
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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 December 2022, the import price of frozen fruits and vegetables to Australia showed a relatively flat trend pattern, with Chile having the highest price and the Netherlands having the lowest. The main products of frozen fruits and vegetables imported into Australia were frozen potatoes, frozen vegetables other than potato and corn, and frozen fruit and nuts, with the highest price being frozen fruit and nuts, and the lowest being frozen potatoes. The main suppliers of frozen fruits and vegetables imports to Australia were Belgium, the Netherlands, and New Zealand, with France having the highest growth rate of import values.
1647
In value terms, preserved and frozen vegetables imports amounted to $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total imports value increased at an average annual rate ...
832
In value terms, vegetable preparations imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern remai...
1439
In value terms, vegetable materials and vegetable waste imports amounted to $X in 2016. Overall, it indicated a temperate growth from 2007 to 2016: the total imports value increased at an average a...
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In value terms, preserved and frozen vegetables exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the tren...
1246
In value terms, vegetable preparations exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
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In value terms, vegetable materials and vegetable waste exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicat...
1779
Belgium continued its dominance in the global trade of preserved and frozen vegetable. In 2014, Belgium exported X thousand tons of preserved and frozen vegetables totaling X million USD, X% under the previous year. Its primary trading partne
1776
In 2013, global production of frozen vegetables was estimated at X thousand tons, which was X thousand tons more than in 2012. There was an annual increase of X% in physical terms and X% in value terms over the period 2007-2013.
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