Australia and Oceania: Cream Fresh Market 2024

Cream Fresh Market Size in Australia and Oceania

The cream fresh market in Australia and Oceania reached $X in 2022, increasing by X% against the previous year. The total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Cream Fresh Production in Australia and Oceania

In value terms, cream fresh production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

New Zealand (X tons) constituted the country with the largest volume of cream fresh production, comprising approx. X% of total volume. Moreover, cream fresh production in New Zealand exceeded the figures recorded by the second-largest producer, Australia (X tons), threefold.

In New Zealand, cream fresh production increased at an average annual rate of X% over the period from 2012-2022.

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Cream Fresh Exports

Exports in Australia and Oceania

In 2022, after three years of growth, there was significant decline in overseas shipments of cream fresh, when their volume decreased by X% to X tons. Over the period under review, exports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2021, and then reduced in the following year.

In value terms, cream fresh exports amounted to $X in 2022. Overall, exports, however, saw a significant increase. 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 reached the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

New Zealand represented the key exporting country with an export of about X tons, which reached X% of total exports. It was distantly followed by Australia (X tons), creating an X% share of total exports.

New Zealand was also the fastest-growing in terms of the cream fresh exports, with a CAGR of X% from 2012 to 2022. At the same time, Australia (X%) displayed positive paces of growth. From 2012 to 2022, the share of New Zealand increased by X percentage points.

In value terms, New Zealand ($X) remains the largest cream fresh supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by Australia ($X), with a X% share of total exports.

In New Zealand, cream fresh exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, with an increase of X% against the previous year. Export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cream fresh export price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: 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 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Cream Fresh Imports

Imports in Australia and Oceania

In 2022, approx. X tons of cream fresh were imported in Australia and Oceania; which is down by X% on the year before. Total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then shrank markedly in the following year.

In value terms, cream fresh imports surged to $X in 2022. Total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Australia (X tons) and Fiji (X tons) represented roughly X% of total imports in 2022. French Polynesia (X tons) ranks next in terms of the total imports with an X% share, followed by New Zealand (X%), New Caledonia (X%) and Papua New Guinea (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Papua New Guinea (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

In Australia, cream fresh imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: French Polynesia (X% per year) and New Caledonia (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Caledonia ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2022, 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

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