Australia and Oceania: Buttermilk Market 2020

Buttermilk Market Size in Australia and Oceania

The revenue of the buttermilk market in Australia and Oceania amounted to $X in 2017, approximately reflecting the previous year. The buttermilk consumption continues to indicate a prominent growth. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. Over the period under review, the buttermilk market reached its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Buttermilk Production in Australia and Oceania

In 2017, approx. X tons of buttermilk were produced in Australia and Oceania; flattening at the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2008, when the output figure increased by X% against the previous year. Over the period under review, the buttermilk production reached its peak figure volume in 2017, and is expected to retain its growth in the near future.

Buttermilk Exports in Australia and Oceania

In 2017, approx. X tons of buttermilk were exported in Australia and Oceania; picking up by X% against the previous year. The buttermilk exports continue to indicate a noticeable curtailment. The growth pace was the most rapid in 2017, when it surged by X% against the previous year. Over the period under review, the buttermilk exports attained its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, buttermilk exports amounted to $X in 2017. The buttermilk exports continue to indicate a drastic deduction. Over the period under review, the buttermilk exports reached its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Buttermilk Exports by Country in Australia and Oceania

New Zealand dominates buttermilk exports structure, finishing at X tons, which was near X% of total exports in 2017. It was distantly followed by Australia (X tons), generating X% share of total exports.

New Zealand was also the fastest growing in terms of the buttermilk exports, with a CAGR of -X% from 2007 to 2017. Australia (-X%) illustrated a downward trend over the same period. Australia (X%) and New Zealand (X%) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) remains the largest buttermilk supplier in Australia and Oceania, making up X% of global exports. The second position in the ranking was occupied by Australia ($X), with a X% share of global exports.

In New Zealand, buttermilk exports plunged by an average annual rate of -X% over the period from 2007-2017.

Buttermilk Export Prices by Country in Australia and Oceania

In 2017, the buttermilk export price in Australia and Oceania amounted to $X per ton, growing by X% against the previous year. The buttermilk export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, when it surged by X% y-o-y. Over the period under review, the export prices for buttermilk attained its peak figure level of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in New Zealand ($X per ton) and Australia ($X per ton), while Australia ($X per ton) and New Zealand ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Australia (+X% per year).

Buttermilk Imports in Australia and Oceania

In 2017, the amount of buttermilk imported in Australia and Oceania stood at X tons, going down by -X% against the previous year. The buttermilk imports continue to indicate a mild deduction. The most prominent rate of growth was recorded in 2012, when imports increased by X% year-to-year. The volume of imports peaked of X tons in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, buttermilk imports amounted to $X in 2017. The total imports indicated a slight growth from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the buttermilk imports decreased by -X% against 2014 indices. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Buttermilk Imports by Country in Australia and Oceania

In 2017, Australia (X tons) was the key importer for buttermilk, achieving X% of total imports. Papua New Guinea (X tons) ranks second in terms of the global imports with a X% share, followed by New Zealand (X%). French Polynesia (X tons), Solomon Islands (X tons), Fiji (X tons) and Palau (X tons) held the mild share of total imports.

Australia experienced a relatively flat trend pattern of buttermilk imports. At the same time, Solomon Islands (+X%), New Zealand (+X%), Palau (+X%), French Polynesia (+X%) and Fiji (+X%) displayed positive paces of growth. Moreover, Solomon Islands emerged as the fastest growing importer in Australia and Oceania, with a CAGR of +X% from 2007-2017. By contrast, Papua New Guinea (-X%) illustrated a downward trend over the same period. While the share of Papua New Guinea (X%) increased significantly in terms of the global imports from 2007-2017, the share of French Polynesia (-X%), Solomon Islands (-X%) and New Zealand (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest buttermilk markets worldwide were Australia ($X), New Zealand ($X) and Papua New Guinea ($X), together accounting for X% of total imports. These countries were followed by French Polynesia, Palau, Solomon Islands and Fiji, which together accounted for a further X%.

Among the main importing countries , Solomon Islands (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Buttermilk Import Prices by Country in Australia and Oceania

The buttermilk import price in Australia and Oceania stood at $X per ton in 2017, going up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014, when the import prices increased by X% year-to-year. The level of import price peaked in 2017, and is expected to retain its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was New Zealand ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Papua New Guinea (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform