Australia - Walnuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWalnut Price in Australia - 2023
Contents:
- Walnut Price in Australia (FOB) - 2022
- Walnut Price in Australia (CIF) - 2022
- Walnut Exports in Australia
- Walnut Imports in Australia
Walnut Price in Australia (FOB) - 2022
In 2022, the average walnut export price amounted to $2,064 per ton, with a decrease of -17.9% against the previous year. In general, the export price recorded a noticeable descent. The growth pace was the most rapid in 2018 when the average export price increased by 39% against the previous year. Over the period under review, the average export prices attained the peak figure at $4,368 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($5,606 per ton), while the average price for exports to Turkey ($1,268 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 (+15.9%), while the prices for the other major destinations experienced mixed trend patterns.
Walnut Price in Australia (CIF) - 2022
In 2022, the average walnut import price amounted to $7,808 per ton, increasing by 104% against the previous year. Over the period under review, the import price saw a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($8,813 per ton), while the price for Chile amounted to $6,926 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+30.9%).
Walnut Exports in Australia
In 2022, approx. 4.9K tons of walnuts were exported from Australia; growing by 13% against the year before. The total export volume increased at an average annual rate of +14.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 36% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, walnut exports dropped to $10M in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 16% against the previous year. As a result, the exports attained the peak of $12M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Walnut in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1.5 | 2.6 | 2.2 | 3.0 | 26.0% |
| Turkey | N/A | 1.8 | 2.9 | 2.5 | 17.9% |
| Italy | 3.7 | 4.4 | 3.5 | 2.2 | -15.9% |
| Germany | 1.7 | 2.2 | 2.2 | 1.3 | -8.6% |
| United Arab Emirates | N/A | N/A | N/A | 0.5 | 0% |
| India | 1.9 | 0.3 | N/A | 0.1 | -62.5% |
| Spain | 1.2 | 0.2 | 0.1 | N/A | -71.1% |
| Others | 0.1 | 0.1 | N/A | 0.4 | 58.7% |
| Total | 10.1 | 11.7 | 10.9 | 10.1 | 0.0% |
Top Export Markets for Walnut from Australia in 2022:
- Turkey (1998.4 tons)
- Belgium (1204.0 tons)
- Italy (822.0 tons)
- Germany (458.9 tons)
- United Arab Emirates (257.0 tons)
- India (38.4 tons)
Walnut Imports in Australia
Walnut imports into Australia skyrocketed to 175 tons in 2022, increasing by 1,057% on the year before. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, walnut imports surged to $1.4M in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Walnut in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | N/A | N/A | 724 | 0% |
| Chile | 12.3 | 27.1 | 30.2 | 639 | 273.1% |
| China | N/A | 1.6 | 27.7 | 6.6 | 103.1% |
| United States | 77.5 | 2.8 | N/A | N/A | -96.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 89.9 | 31.6 | 57.9 | 1,369 | 147.9% |
Top Suppliers of Walnut to Australia in 2022:
- Chile (92.2 tons)
- Vietnam (82.2 tons)
- China (1.0 tons)
This report provides an in-depth analysis of the walnut 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 222 - Walnuts
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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