Australia and Oceania: Grapefruit Market 2024

Grapefruit Market Size in Australia and Oceania

The grapefruit market in Australia and Oceania fell to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption saw a mild contraction. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Grapefruit Production in Australia and Oceania

In value terms, grapefruit production fell slightly to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

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

From 2012 to 2022, the average annual rate of growth in terms of volume in Australia stood at X%. The remaining producing countries recorded the following average annual rates of production growth: New Zealand (X% per year) and French Polynesia (X% per year).

In 2022, the average grapefruit yield in Australia and Oceania reached X tons per ha, therefore, remained relatively stable against 2021 figures. Over the period under review, the yield, however, showed a mild descent. The pace of growth was the most pronounced in 2017 when the yield increased by X%. Over the period under review, the grapefruit yield hit record highs at X tons per ha in 2012; however, from 2013 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of grapefruits were harvested in Australia and Oceania; remaining stable against the previous year. Overall, the harvested area, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2017 to 2022, the growth of the grapefruit harvested area remained at a lower figure.

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Grapefruit Exports

Exports in Australia and Oceania

In 2022, shipments abroad of grapefruits decreased by X% to X tons, falling for the second consecutive year after six years of growth. Over the period under review, exports, however, enjoyed a moderate increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, grapefruit exports dropped sharply to $X in 2022. In general, exports, however, showed a measured expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Australia (X tons) represented roughly X% of total exports in 2022.

Australia was also the fastest-growing in terms of the grapefruits exports, with a CAGR of X% from 2012 to 2022. While the share of Australia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest grapefruit supplier in Australia and Oceania.

In Australia, grapefruit 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, which is down by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to X% per year.

Grapefruit Imports

Imports in Australia and Oceania

In 2022, approx. X tons of grapefruits were imported in Australia and Oceania; falling by X% compared with 2021. In general, imports showed a perceptible slump. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, grapefruit imports shrank remarkably to $X in 2022. Total imports indicated measured 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then declined notably in the following year.

Imports by Country

In 2022, Australia (X tons) was the key importer of grapefruits, committing X% of total imports. It was distantly followed by New Zealand (X tons), making up a X% share of total imports. The following importers - New Caledonia (X tons) and Palau (X tons) - each resulted at a X% share of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of grapefruits. At the same time, New Caledonia (X%) and Palau (X%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in Australia amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (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, picking up by X% against the previous year. Import price indicated a moderate increase 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, grapefruit import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 Australia ($X per ton), while Palau ($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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