Australia and Oceania: Frozen Beef Carcase Market Overview 2020

Frozen Beef Carcase Market Size in Australia and Oceania

The revenue of the frozen beef carcase market in Australia and Oceania amounted to $X in 2017, increasing by X% against the previous year. The frozen beef carcase consumption continues to indicate a remarkable increase. The growth pace was the most rapid in 2016, when it surged by X% against the previous year. Over the period under review, the frozen beef carcase market attained its peak figure level in 2017, and is likely to continue its growth in the immediate term.

Frozen Beef Carcase Production in Australia and Oceania

In 2017, the amount of frozen carcases of beef and veal produced in Australia and Oceania totaled X tonnes, leveling off at the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008, with an increase of X% year-to-year. The volume of frozen beef carcase production peaked in 2017, and is likely to see steady growth in the near future.

Frozen Beef Carcase Exports in Australia and Oceania

In 2017, approx. X tonnes of frozen carcases of beef and veal were exported in Australia and Oceania; reducing by -X% against the previous year. The frozen beef carcase exports continue to indicate a slight growth. The growth pace was the most rapid in 2014, with an increase of X% y-o-y. The volume of exports peaked of X tonnes in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, frozen beef carcase exports totaled $X in 2017. The frozen beef carcase exports continue to indicate a remarkable increase. Over the period under review, the frozen beef carcase exports reached its maximum level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Frozen Beef Carcase Exports by Country in Australia and Oceania

Australia represented the major exporter of frozen carcases of beef and veal in Australia and Oceania, with the volume of exports accounting for X tonnes, which was approx. X% of total exports in 2017. It was distantly followed by New Zealand (X tonnes), constituting X% share of total exports.

Australia experienced a relatively flat trend pattern of frozen carcases of beef and veal exports. At the same time, New Zealand (+X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest growing exporter in Australia and Oceania, with a CAGR of +X% from 2007-2017. Australia (-X%) and New Zealand (-X%) significantly weakened 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, the largest frozen beef carcase markets worldwide were Australia ($X) and New Zealand ($X), together comprising X% of total exports.

New Zealand (+X% per year) experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade.

Frozen Beef Carcase Export Prices by Country in Australia and Oceania

In 2017, the frozen beef carcase export price in Australia and Oceania amounted to $X per tonne, growing by X% against the previous year. The export price indicated a strong growth from 2007 to 2017: its price increased 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 frozen beef carcase export price decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2011, an increase of X% year-to-year. Over the period under review, the export prices for frozen carcases of beef and veal reached its peak figure level of $X per tonne 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 ($X per tonne) and Australia ($X per tonne), while Australia ($X per tonne) and New Zealand ($X per tonne) 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).

Frozen Beef Carcase Imports in Australia and Oceania

In 2017, approx. X tonnes of frozen carcases of beef and veal were imported in Australia and Oceania; increasing by X% against the previous year. The frozen beef carcase imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, when it surged by X% against the previous year. Over the period under review, the frozen beef carcase imports reached its maximum volume of X tonnes in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, frozen beef carcase imports totaled $X in 2017. The total imports indicated a tangible expansion from 2007 to 2017: its value increased 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 frozen beef carcase imports increased by +X% against 2013 indices. The level of imports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Frozen Beef Carcase Imports by Country in Australia and Oceania

The countries with the highest levels of frozen beef carcase imports in 2017 were Papua New Guinea (X tonnes), New Zealand (X tonnes), French Polynesia (X tonnes) and Australia (X tonnes), together accounting for X% of total import. Tonga (X tonnes) took a X% share (based on tonnes) of total imports, which put it in second place, followed by Fiji (X%). New Caledonia (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Australia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Papua New Guinea ($X), New Zealand ($X) and French Polynesia ($X) were the countries with the highest levels of imports in 2017, together accounting for X% of total imports. These countries were followed by Australia, New Caledonia, Fiji and Tonga, which together accounted for a further X%.

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

Frozen Beef Carcase Import Prices by Country in Australia and Oceania

In 2017, the frozen beef carcase import price in Australia and Oceania amounted to $X per tonne, coming up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011, when the import prices increased by X% against the previous year. Over the period under review, the import prices for frozen carcases of beef and veal attained its maximum level of $X per tonne in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was New Caledonia ($X per tonne), while New Zealand ($X per tonne) 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