Australia and Oceania: Peach And Nectarine Market 2024

Peach And Nectarine Market Size in Australia and Oceania

The peach and nectarine market in Australia and Oceania stood at $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, showed a noticeable setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Peach And Nectarine Production in Australia and Oceania

In value terms, peach and nectarine production amounted to $X in 2022 estimated in export price. In general, production saw a mild decrease. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The country with the largest volume of peach and nectarine production was Australia (X tons), accounting for X% of total volume.

In Australia, peach and nectarine production declined by an average annual rate of X% over the period from 2012-2022.

In 2022, the average peach and nectarine yield in Australia and Oceania amounted to X tons per ha, approximately reflecting the year before. Over the period under review, the yield, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the yield increased by X%. The level of yield peaked at X tons per ha in 2013; however, from 2014 to 2022, the yield remained at a 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 peaches and nectarines were harvested in Australia and Oceania; which is down by X% compared with 2021 figures. Over the period under review, the harvested area recorded a perceptible reduction. The pace of growth appeared the most rapid in 2015 when the harvested area increased by X%. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

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Peach And Nectarine Exports

Exports in Australia and Oceania

In 2022, approx. X tons of peaches and nectarines were exported in Australia and Oceania; with a decrease of X% on 2021 figures. Total exports indicated a moderate 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. Based on 2022 figures, exports decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, peach and nectarine exports shrank significantly to $X in 2022. In general, exports, however, showed a prominent increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then dropped markedly in the following year.

Exports by Country

The shipments of the one major exporters of peaches and nectarines, namely Australia, represented more than two-thirds of total export.

Australia was also the fastest-growing in terms of the peaches and nectarines exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

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

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, waning by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2021, and then fell in the following year.

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.

Peach And Nectarine Imports

Imports in Australia and Oceania

For the fourth consecutive year, Australia and Oceania recorded decline in purchases abroad of peaches and nectarines, which decreased by X% to X tons in 2022. Over the period under review, imports continue to indicate a pronounced setback. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, peach and nectarine imports reduced markedly to $X in 2022. In general, imports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Australia was the key importer of peaches and nectarines in Australia and Oceania, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2022. It was distantly followed by New Caledonia (X tons) and New Zealand (X tons), together constituting a X% share of total imports. French Polynesia (X tons) took a minor share of total imports.

Australia was also the fastest-growing in terms of the peaches and nectarines imports, with a CAGR of X% from 2012 to 2022. New Caledonia (X%), French Polynesia (X%) and New Zealand (X%) illustrated a downward trend over the same period. While the share of Australia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of New Caledonia (X p.p.) and New Zealand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Australia stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: New Caledonia (X% per year) and New Zealand (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, stabilizing at the previous year. In general, the import price, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in 2017 when the import price increased by X%. The level of import peaked at $X per ton in 2021, and then reduced in the following year.

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 ($X per ton), while New Caledonia ($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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