Australia and Oceania: Tapioca And Substitutes Market 2024

Tapioca And Substitutes Market Size in Australia and Oceania

In 2022, the tapioca and substitutes market in Australia and Oceania decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. Over the period under review, consumption, however, saw a resilient expansion. As a result, consumption attained the peak level of $X, and then shrank rapidly in the following year.

Tapioca And Substitutes Production in Australia and Oceania

In value terms, tapioca and substitutes production skyrocketed to $X in 2022 estimated in export price. Overall, production saw a significant increase. The growth pace was the most rapid in 2020 with an increase of X%. The level of production peaked in 2022 and is expected to retain growth in years to come.

Tapioca And Substitutes Exports

Exports in Australia and Oceania

In 2022, after two years of decline, there was significant growth in shipments abroad of tapioca and substitutes, when their volume increased by X% to X tons. In general, exports, however, saw a pronounced setback. The growth pace was the most rapid in 2019 with an increase of X%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, tapioca and substitutes exports soared to $X in 2022. Over the period under review, exports, however, continue to indicate a perceptible descent. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia was the key exporter of tapioca and substitutes in Australia and Oceania, with the volume of exports recording X tons, which was near X% of total exports in 2022. New Zealand (X tons) ranks second in terms of the total exports with a X% share, followed by Fiji (X%).

Exports from Australia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Fiji (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of New Zealand and Fiji increased by X and X percentage points, respectively.

In value terms, Australia ($X), New Zealand ($X) and Fiji ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Fiji, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

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. Over the period under review, the export price, however, recorded a slight contraction. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia ($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 Zealand (X%), while the other leaders experienced a decline in the export price figures.

Tapioca And Substitutes Imports

Imports in Australia and Oceania

After three years of growth, overseas purchases of tapioca and substitutes decreased by X% to X tons in 2022. Total imports indicated a measured 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. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then shrank notably in the following year.

In value terms, tapioca and substitutes imports dropped notably to $X in 2022. In general, imports, however, showed a prominent increase. 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 contracted remarkably in the following year.

Imports by Country

Australia dominates imports structure, amounting to X tons, which was approx. X% of total imports in 2022. It was distantly followed by New Zealand (X tons), making up a X% share of total imports.

Australia was also the fastest-growing in terms of the tapioca and substitutes imports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia increased by X percentage points.

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

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

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the import price, however, enjoyed resilient growth. The growth pace was the most rapid in 2018 an increase of X%. The level of import peaked at $X per ton in 2021, and then fell 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 New Zealand ($X per ton), while Australia totaled $X per ton.

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

Source: IndexBox Platform

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