Australia - Temporarily Preserved Vegetable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTemporarily Preserved Vegetable Price in Australia - 2023
Contents:
- Temporarily Preserved Vegetable Price in Australia (CIF) - 2023
- Temporarily Preserved Vegetable Price in Australia (FOB) - 2022
- Temporarily Preserved Vegetable Imports in Australia
- Temporarily Preserved Vegetable Exports in Australia
Temporarily Preserved Vegetable Price in Australia (CIF) - 2023
The average temporarily preserved vegetable import price stood at $2,257 per ton in September 2023, surging by 7% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 31% m-o-m. The import price peaked at $2,512 per ton in January 2023; however, from February 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($2,851 per ton), while the price for India ($828 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 Thailand (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Temporarily Preserved Vegetable Price in Australia (FOB) - 2022
In 2022, the average temporarily preserved vegetable export price amounted to $2,339 per ton, picking up by 3.5% against the previous year. Overall, the export price, however, recorded a perceptible descent. The growth pace was the most rapid in 2017 an increase of 276% against the previous year. As a result, the export price attained the peak level of $8,631 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($5,724 per ton), while the average price for exports to Cambodia ($1,249 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 Japan (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Temporarily Preserved Vegetable Imports in Australia
For the fourth year in a row, Australia recorded growth in supplies from abroad of vegetables (temporarily preserved), which increased by 5.1% to 9.2K tons in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.1% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 27% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, temporarily preserved vegetable imports soared to $22M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Temporarily Preserved Vegetable in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 7.4 | 8.8 | 10.7 | 13.6 | 22.5% |
| Spain | 1.9 | 1.6 | 1.3 | 2.1 | 3.4% |
| India | 0.8 | 0.9 | 1.0 | 1.3 | 17.6% |
| China | 0.4 | 0.2 | 1.7 | 1.0 | 35.7% |
| Italy | 0.7 | 0.6 | 1.1 | 0.9 | 8.7% |
| Egypt | 0.4 | 0.3 | 0.1 | 0.6 | 14.5% |
| Thailand | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| Turkey | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Others | 0.8 | 0.9 | 0.9 | 1.9 | 33.4% |
| Total | 12.6 | 13.4 | 16.9 | 22.0 | 20.4% |
Top Suppliers of Temporarily Preserved Vegetable to Australia in 2022:
- Greece (4.4K tons)
- India (1.4K tons)
- Spain (0.9K tons)
- Egypt (0.6K tons)
- China (0.5K tons)
- Italy (0.3K tons)
- Thailand (0.2K tons)
- Turkey (0.1K tons)
Temporarily Preserved Vegetable Exports in Australia
In 2022, overseas shipments of vegetables (temporarily preserved) increased by 72% to 42 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a deep setback.
In value terms, temporarily preserved vegetable exports soared to $99K in 2022. Overall, exports, however, faced a sharp decline.
| Export of Temporarily Preserved Vegetable in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 13.0 | 34.3 | 31.7 | 27.6 | 28.5% |
| New Zealand | 50.4 | 32.7 | 4.1 | 24.1 | -21.8% |
| Hong Kong SAR | N/A | N/A | N/A | 17.3 | 0% |
| Indonesia | 10.1 | N/A | 0.9 | 10.5 | 1.3% |
| Papua New Guinea | 31.3 | 9.5 | N/A | 8.8 | -34.5% |
| Cambodia | N/A | N/A | N/A | 6.2 | 0% |
| Singapore | 18.0 | 6.0 | 0.8 | 0.9 | -63.2% |
| Christmas Island | N/A | N/A | N/A | 0.8 | 0% |
| Japan | 21.0 | N/A | N/A | N/A | 0% |
| Vietnam | 27.0 | N/A | N/A | N/A | 0% |
| Lebanon | N/A | 15.8 | N/A | N/A | 0% |
| Oman | 12.8 | 9.7 | 4.4 | N/A | -41.4% |
| Others | 23.2 | 8.3 | 13.6 | 2.6 | -51.8% |
| Total | 207 | 116 | 55.5 | 99.0 | -21.8% |
Top Export Markets for Temporarily Preserved Vegetable from Australia in 2022:
- New Zealand (15.5 tons)
- Greece (10.7 tons)
- Cambodia (5.0 tons)
- Papua New Guinea (4.2 tons)
- Hong Kong SAR (3.0 tons)
- Indonesia (2.6 tons)
- Christmas Island (0.7 tons)
- Singapore (0.1 tons)
This report provides an in-depth analysis of the temporarily preserved vegetable 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 474 - Vegetables, Temporarily Preserved
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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