Australia and Oceania: Market for Malt Extract And Food Preparations Of Flour, Meal, And Starch 2024

Market Size for Malt Extract And Food Preparations Of Flour, Meal, And Starch in Australia and Oceania

In 2022, the market for malt extract and food preparations of flour, meal, and starches in Australia and Oceania increased by X% to $X, rising for the sixth year in a row after two years of decline. In general, consumption saw a prominent expansion. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the immediate term.

Production of Malt Extract And Food Preparations Of Flour, Meal, And Starch in Australia and Oceania

In value terms, production of malt extract and food preparations of flour, meal, and starches expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X; afterwards, it flattened through to 2022.

Exports of Malt Extract And Food Preparations Of Flour, Meal, And Starch

Exports in Australia and Oceania

In 2022, exports of malt extract and food preparations of flour, meal, and starches in Australia and Oceania dropped to X tons, shrinking by X% on 2021 figures. Over the period under review, exports saw a pronounced contraction. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports of hit record highs at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of malt extract and food preparations of flour, meal, and starches declined to $X in 2022. Overall, exports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand represented the major exporting country with an export of about X tons, which amounted to X% of total exports. It was distantly followed by Australia (X tons), comprising a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by New Zealand (with a CAGR of X%).

In value terms, the largest malt extract and food preparations of flour, meal, and starch supplying countries in Australia and Oceania were New Zealand ($X) and Australia ($X).

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

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, falling by X% against the previous year. Export price indicated mild 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. The most prominent rate of growth was recorded in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2021, and then shrank in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Imports of Malt Extract And Food Preparations Of Flour, Meal, And Starch

Imports in Australia and Oceania

In 2022, overseas purchases of malt extract and food preparations of flour, meal, and starches decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Total imports indicated a temperate increase 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 pace of growth was the most pronounced in 2018 when imports increased by X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of malt extract and food preparations of flour, meal, and starches dropped slightly to $X in 2022. Total imports indicated a modest expansion 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 2019 indices. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then shrank modestly in the following year.

Imports by Country

Australia was the major importing country with an import of about X tons, which finished at X% of total imports. It was distantly followed by New Zealand (X tons), committing a X% share of total imports. Papua New Guinea (X tons), French Polynesia (X tons) and Fiji (X tons) followed a long way behind the leaders.

Australia was also the fastest-growing in terms of the malt extract and food preparations of flour, meal, and starches imports, with a CAGR of X% from 2012 to 2022. At the same time, French Polynesia (X%) and Fiji (X%) displayed positive paces of growth. By contrast, Papua New Guinea (X%) and New Zealand (X%) illustrated a downward trend over the same period. Australia (X p.p.) significantly strengthened its position in terms of the total imports, while Papua New Guinea and New Zealand saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported malt extract and food preparations of flour, meal, and starches in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with an X% share of total imports. It was followed by French Polynesia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Australia totaled X%. 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

In 2022, the import price in Australia and Oceania amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Papua New Guinea (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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