Australia and Oceania: Rye Market 2024

Rye Market Size in Australia and Oceania

The rye market in Australia and Oceania expanded modestly to $X in 2022, surging by X% against the previous year. Overall, consumption, however, showed a noticeable downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Rye Production in Australia and Oceania

In value terms, rye production rose significantly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a deep setback. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Australia (X tons) constituted the country with the largest volume of rye production, comprising approx. X% of total volume.

From 2012 to 2022, the average annual rate of growth in terms of volume in Australia was relatively modest.

The average rye yield reduced modestly to X kg per ha in 2022, remaining constant against 2021. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of yield peaked at X kg per ha in 2017; however, from 2018 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, the total area harvested in terms of rye production in Australia and Oceania stood at X ha, approximately reflecting the previous year. In general, the harvested area, however, saw a pronounced setback. The pace of growth was the most pronounced in 2019 with an increase of X%. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Rye Exports

Exports in Australia and Oceania

In 2022, shipments abroad of rye increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, rye exports surged to $X in 2022. In general, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Australia (X tons), together resulting at X% of total export.

Australia was also the fastest-growing in terms of the rye exports, with a CAGR of X% from 2012 to 2022. Australia (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price, however, saw a mild decline. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the export prices failed to regain momentum.

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.

Rye Imports

Imports in Australia and Oceania

In 2022, imports of rye in Australia and Oceania surged to X tons, increasing by X% on 2021. Over the period under review, imports saw a strong increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, rye imports surged to $X in 2022. Overall, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, New Zealand (X tons) was the largest importer of rye, creating X% of total imports. New Caledonia (X tons) took the second position in the ranking, distantly followed by Papua New Guinea (X tons). All these countries together held approx. X% share of total imports. Samoa (X kg) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to rye imports into New Zealand stood at X%. At the same time, Papua New Guinea (X%) and New Caledonia (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 2012-2022. By contrast, Samoa (X%) illustrated a downward trend over the same period. New Zealand (X p.p.), New Caledonia (X p.p.) and Papua New Guinea (X p.p.) significantly strengthened its position in terms of the total imports, while Samoa saw its share reduced by X% from 2012 to 2022, respectively.

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

From 2012 to 2022, the average annual growth rate of value in New Zealand amounted to X%. In the other countries, the average annual rates were as follows: New Caledonia (X% per year) and Papua New Guinea (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price posted a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 New Zealand ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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