Australia - Vegetable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVegetable Price in Australia - 2023
Contents:
- Vegetable Price in Australia (FOB) - 2022
- Vegetable Price in Australia (CIF) - 2022
- Vegetable Exports in Australia
- Vegetable Imports in Australia
Vegetable Price in Australia (FOB) - 2022
In 2022, the average vegetable export price amounted to $845 per ton, with a decrease of -2.8% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 12%. The export price peaked at $936 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($1,573 per ton), while the average price for exports to the Philippines ($463 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 Hong Kong SAR (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Vegetable Price in Australia (CIF) - 2022
The average vegetable import price stood at $2,477 per ton in 2022, which is down by -12.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2017 an increase of 17%. Over the period under review, average import prices attained the peak figure at $2,822 per ton in 2021, and then shrank in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($6,294 per ton), while the price for China ($1,551 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Vegetable Exports in Australia
In 2022, the amount of vegetables exported from Australia contracted to 193K tons, waning by -13.5% against 2021 figures. In general, exports recorded a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 2.1% against the previous year.
In value terms, vegetable exports reduced rapidly to $163M in 2022. Overall, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 4.6% against the previous year.
| Export of Vegetable in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 33.4 | 34.7 | 31.9 | 29.2 | -4.4% |
| United Arab Emirates | 25.6 | 26.3 | 27.6 | 22.5 | -4.2% |
| Malaysia | 17.6 | 18.4 | 20.3 | 15.9 | -3.3% |
| Thailand | 10.3 | 7.1 | 10.7 | 12.7 | 7.2% |
| South Korea | 8.7 | 6.7 | 9.2 | 11.5 | 9.7% |
| Hong Kong SAR | 13.8 | 14.3 | 13.7 | 11.4 | -6.2% |
| Saudi Arabia | 12.5 | 12.5 | 11.8 | 9.6 | -8.4% |
| Taiwan (Chinese) | 6.5 | 6.1 | 6.8 | 7.2 | 3.5% |
| Japan | 17.5 | 13.1 | 6.1 | 6.0 | -30.0% |
| Qatar | 7.6 | 8.3 | 6.3 | 5.7 | -9.1% |
| Philippines | 2.5 | 3.2 | 3.9 | 3.7 | 14.0% |
| Indonesia | 3.6 | 4.2 | 4.1 | 2.7 | -9.1% |
| Kuwait | 3.2 | 3.1 | 2.4 | 1.6 | -20.6% |
| Others | 37.6 | 27.5 | 39.3 | 23.6 | -14.4% |
| Total | 200 | 185 | 194 | 163 | -6.6% |
Top Export Markets for Vegetable from Australia in 2022:
- United Arab Emirates (33.3K tons)
- Singapore (22.9K tons)
- Malaysia (20.2K tons)
- South Korea (19.9K tons)
- Thailand (19.4K tons)
- Saudi Arabia (14.6K tons)
- Qatar (8.5K tons)
- Taiwan (Chinese) (7.9K tons)
- Philippines (7.9K tons)
- Hong Kong SAR (7.2K tons)
- Japan (4.7K tons)
- Indonesia (4.5K tons)
- Kuwait (2.4K tons)
Vegetable Imports in Australia
In 2022, after two years of decline, there was significant growth in overseas purchases of vegetables, when their volume increased by 21% to 31K tons. Over the period under review, imports, however, recorded a mild curtailment.
In value terms, vegetable imports rose remarkably to $76M in 2022. In general, imports, however, recorded a relatively flat trend pattern.
| Import of Vegetable in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 24.6 | 21.6 | 24.8 | 27.5 | 3.8% |
| Mexico | 24.4 | 21.8 | 22.1 | 22.3 | -3.0% |
| South Korea | 8.4 | 8.4 | 9.5 | 10.7 | 8.4% |
| New Zealand | 4.4 | 4.0 | 3.1 | 4.0 | -3.1% |
| United States | 0.9 | 0.8 | 0.8 | 2.5 | 40.6% |
| Spain | 3.5 | 3.6 | 4.1 | 2.4 | -11.8% |
| Netherlands | 1.1 | 0.8 | 1.0 | 1.2 | 2.9% |
| Others | 10.1 | 8.0 | 6.5 | 5.6 | -17.8% |
| Total | 77.4 | 69.0 | 71.9 | 76.3 | -0.5% |
Top Suppliers of Vegetable to Australia in 2022:
- China (17.8K tons)
- South Korea (3.6K tons)
- Mexico (3.5K tons)
- United States (1.3K tons)
- New Zealand (1.2K tons)
- Netherlands (0.7K tons)
- Spain (0.7K tons)
This report provides an in-depth analysis of the 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 116 - Potatoes
- FCL 388 - Tomatoes, fresh
- FCL 402 - Onions, shallots (green)
- FCL 403 - Onions, dry
- FCL 406 - Garlic
- FCL 407 - Leeks and other alliaceous vegetables
- FCL 393 - Cauliflowers and broccoli
- FCL 372 - Lettuce and chicory
- FCL 426 - Carrot
- FCL 397 - Cucumbers and gherkins
- FCL 417 - Peas, green
- FCL 414 - Beans, green
- FCL 423 - String Beans
- FCL 367 - Asparagus
- FCL 399 - Eggplants
- FCL 401 - Chillies and peppers (green)
- FCL 373 - Spinach
- FCL 260 - Olives
- FCL 394 - Pumpkins, squash and gourds
- FCL 463 - Vegetables, Fresh n.e.s.
- FCL 446 - Green Corn (Maize)
- FCL 430 - Okra
- FCL 394 - Pumpkins, squash and gourds
- FCL 378 - Cassava leaves
- FCL 366 - Artichokes
- FCL 260 - Olives
- FCL 358 - Cabbages
- FCL 449 - Mushrooms
- FCL 366 - Artichokes
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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