Australia and Oceania: Market for Fresh Bread and Miscellaneous Bakery 2024

Market Size for Fresh Bread and Miscellaneous Bakery in Australia and Oceania

The market for fresh bread and miscellaneous bakery in Australia and Oceania amounted to $X in 2023, approximately equating the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2023, consumption stood at a somewhat lower figure.

Production of Fresh Bread and Miscellaneous Bakery in Australia and Oceania

In value terms, fresh bread and miscellaneous bakery production totaled $X in 2023 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2023, production stood at a somewhat lower figure.

Exports of Fresh Bread and Miscellaneous Bakery

Exports in Australia and Oceania

In 2023, shipments abroad of fresh bread and miscellaneous bakery decreased by X% to X tons, falling for the fifth year in a row after two years of growth. Over the period under review, exports, however, saw modest growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, fresh bread and miscellaneous bakery exports stood at $X in 2023. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

Australia (X tons) and New Zealand (X tons) represented roughly X% of total exports in 2023.

From 2012 to 2023, the biggest increases were recorded for Australia (with a CAGR of X%).

In value terms, New Zealand ($X) and Australia ($X) appeared to be the countries with the highest levels of exports in 2023.

New Zealand, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period under review, the export price, however, saw a mild curtailment. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Imports of Fresh Bread and Miscellaneous Bakery

Imports in Australia and Oceania

In 2023, after five years of growth, there was decline in supplies from abroad of fresh bread and miscellaneous bakery, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2022, and then dropped modestly in the following year.

In value terms, fresh bread and miscellaneous bakery imports fell slightly to $X in 2023. Total imports indicated a strong increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2022, and then declined modestly in the following year.

Imports by Country

In 2023, Australia (X tons) was the largest importer of fresh bread and miscellaneous bakery, creating X% of total imports. It was distantly followed by New Zealand (X tons), comprising a X% share of total imports. The following importers - French Polynesia (X tons), Papua New Guinea (X tons) and New Caledonia (X tons) - each accounted for a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to fresh bread and miscellaneous bakery imports into Australia stood at X%. At the same time, Papua New Guinea (X%), New Caledonia (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. French Polynesia experienced a relatively flat trend pattern. New Zealand (X p.p.) significantly weakened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported fresh bread and miscellaneous bakery in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports. It was followed by French Polynesia, with a X% share.

In Australia, fresh bread and miscellaneous bakery imports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and French Polynesia (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2023, shrinking by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2022, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform