Australia and Oceania: Yoghurt Market 2024

Yoghurt Market Size in Australia and Oceania

The yoghurt market in Australia and Oceania declined modestly to $X in 2022, remaining constant against the previous year. Overall, consumption showed a mild setback. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Yoghurt Production in Australia and Oceania

In value terms, yoghurt production reduced to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

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Yoghurt Exports

Exports in Australia and Oceania

In 2022, the amount of yoghurt exported in Australia and Oceania stood at X tons, approximately mirroring 2021 figures. The total export volume 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 in certain years. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; afterwards, it flattened through to 2022.

In value terms, yoghurt exports reduced to $X in 2022. Total exports indicated moderate growth 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, exports increased by X% against 2017 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then dropped slightly in the following year.

Exports by Country

Australia represented the key exporter of yoghurt in Australia and Oceania, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. It was distantly followed by New Zealand (X tons), committing an X% share of total exports.

Australia was also the fastest-growing in terms of the yoghurt exports, with a CAGR of X% from 2012 to 2022. 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 exports from 2012-2022, the share of New Zealand (X p.p.) displayed negative dynamics.

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

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, which is down by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, the export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably 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 stood at $X per ton.

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

Yoghurt Imports

Imports in Australia and Oceania

Yoghurt imports was estimated at X tons in 2022, growing by X% compared with 2021 figures. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by X%. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, yoghurt imports stood at $X in 2022. In general, imports, however, recorded a noticeable contraction. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Australia prevails in imports structure, resulting at X tons, which was near X% of total imports in 2022. It was distantly followed by Papua New Guinea (X tons) and French Polynesia (X tons), together constituting an X% share of total imports. New Zealand (X tons), Guam (X tons), New Caledonia (X tons), Tonga (X tons), Cook Islands (X tons) and Marshall Islands (X tons) took a relatively small share of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of yoghurt. At the same time, Marshall Islands (X%), French Polynesia (X%), Tonga (X%), Guam (X%) and Cook Islands (X%) displayed positive paces of growth. Moreover, Marshall Islands emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. Papua New Guinea experienced a relatively flat trend pattern. By contrast, New Caledonia (X%) and New Zealand (X%) illustrated a downward trend over the same period. While the share of Australia (X p.p.), French Polynesia (X p.p.), Guam (X p.p.), Tonga (X p.p.) and Marshall Islands (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of 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 ($X) constitutes the largest market for imported yoghurt in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by French Polynesia ($X), with a X% share of total imports. It was followed by New Zealand, with a X% share.

In Australia, yoghurt imports declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: French Polynesia (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, declining by X% against the previous year. In general, the import price showed a noticeable contraction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per ton), while Guam ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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