Australia and Oceania: Non-Wheat Flour Market 2024

Non-Wheat Flour Market Size in Australia and Oceania

The non-wheat flour market in Australia and Oceania shrank slightly to $X in 2023, with a decrease of X% against the previous year. In general, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2017; however, from 2018 to 2023, consumption stood at a somewhat lower figure.

Non-Wheat Flour Production in Australia and Oceania

In value terms, non-wheat flour production reduced to $X in 2023 estimated in export price. Overall, production continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2023, production failed to regain momentum.

Non-Wheat Flour Exports

Exports in Australia and Oceania

In 2023, after four years of growth, there was significant decline in overseas shipments of non-wheat flours, when their volume decreased by X% to X tons. Overall, exports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2022, and then dropped markedly in the following year.

In value terms, non-wheat flour exports declined to $X in 2023. In general, exports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2022, and then dropped in the following year.

Exports by Country

In 2023, Australia (X tons) was the largest exporter of non-wheat flours, achieving X% of total exports. It was distantly followed by New Zealand (X tons), making up a X% share of total exports.

Australia was also the fastest-growing in terms of the non-wheat flours exports, with a CAGR of X% from 2012 to 2023. New Zealand experienced a relatively flat trend pattern. Australia (X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by X% from 2012 to 2023, respectively.

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

From 2012 to 2023, the average annual rate of growth in terms of value in Australia totaled X%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2023, growing by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The level of export peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Non-Wheat Flour Imports

Imports in Australia and Oceania

Non-wheat flour imports rose remarkably to X tons in 2023, increasing by X% on the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The volume of import peaked in 2023 and is expected to retain growth in years to come.

In value terms, non-wheat flour imports rose modestly to $X in 2023. In general, imports posted resilient growth. The pace of growth was the most pronounced in 2022 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2023 and are likely to see steady growth in the near future.

Imports by Country

Australia was the largest importer of non-wheat flours in Australia and Oceania, with the volume of imports accounting for X tons, which was near X% of total imports in 2023. It was distantly followed by New Zealand (X tons), creating a X% share of total imports. The following importers - Papua New Guinea (X tons) and Fiji (X tons) - each recorded a X% share of total imports.

Imports into Australia increased at an average annual rate of X% from 2012 to 2023. At the same time, Papua New Guinea (X%), New Zealand (X%) and Fiji (X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. While the share of New Zealand (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Australia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2023, 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 Fiji (X% per year).

Import Prices by Country

In 2023, the import price in Australia and Oceania amounted to $X per ton, shrinking by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2022 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Australia ($X per ton) and Fiji ($X per ton), while Papua New Guinea ($X per ton) and New Zealand ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform