Australia and Oceania: Walnut Market 2024

Walnut Market Size in Australia and Oceania

The walnut market in Australia and Oceania shrank significantly to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption showed a pronounced curtailment. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Walnut Production in Australia and Oceania

In value terms, walnut production fell to $X in 2022 estimated in export price. The total production indicated a notable 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Australia (X tons) constituted the country with the largest volume of walnut production, accounting for X% of total volume. Moreover, walnut production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (X tons), sevenfold.

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

In 2022, the average yield of walnuts in Australia and Oceania declined modestly to X kg per ha, remaining relatively unchanged against the year before. Overall, the yield saw a pronounced slump. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, the yield attained the peak level of X kg per ha. From 2018 to 2022, the growth of the walnut 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 walnut harvested area in Australia and Oceania contracted to X ha, remaining relatively unchanged against the year before. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the harvested area increased by X%. The level of harvested area peaked at X ha in 2014; however, from 2015 to 2022, the harvested area stood at a somewhat lower figure.

Walnut Exports

Exports in Australia and Oceania

In 2022, approx. X tons of walnuts were exported in Australia and Oceania; with an increase of X% against the previous year. Over the period under review, exports recorded a mild increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, walnut exports contracted to $X in 2022. Overall, exports, however, recorded a noticeable downturn. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Australia (X tons) represented roughly X% of total exports in 2022.

Australia experienced a relatively flat trend pattern with regard to volume of exports of walnuts. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest walnut 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, reducing by X% against the previous year. Overall, the export price showed a pronounced slump. The pace of growth was the most pronounced in 2018 an increase of X%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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.

Walnut Imports

Imports in Australia and Oceania

In 2022, imports of walnuts in Australia and Oceania skyrocketed to X tons, with an increase of X% compared with the previous year. In general, imports recorded a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, walnut imports skyrocketed to $X in 2022. Overall, imports showed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia dominates imports structure, reaching X tons, which was near X% of total imports in 2022. New Caledonia (X tons) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to walnut imports into Australia stood at X%. At the same time, New Caledonia (X%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

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

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

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, rising by X% against the previous year. Import price indicated a tangible expansion 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. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably 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 totaled $X per ton.

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

Source: IndexBox Platform

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