Australia: Citrus Fruit Market 2024

Citrus Fruit Market Size in Australia

After two years of growth, the Australian citrus fruit market decreased by X% to $X in 2022. Over the period under review, consumption, however, saw a relatively flat trend pattern. Citrus fruit consumption peaked at $X in 2021, and then declined in the following year.

Citrus Fruit Production in Australia

In value terms, citrus fruit production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. Citrus fruit production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

In 2022, the average yield of citrus fruits in Australia shrank modestly to X tons per ha, remaining constant against the year before. In general, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. The citrus fruit yield peaked at X tons 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.

The citrus fruit harvested area in Australia reduced to X ha in 2022, waning by X% on the previous year's figure. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2016 when the harvested area increased by X%. The citrus fruit harvested area peaked at X ha in 2021, and then contracted in the following year.

Citrus Fruit Exports

Exports from Australia

In 2022, exports of citrus fruits from Australia reduced to X tons, waning by X% compared with the previous year's figure. Over the period under review, total exports indicated a perceptible 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 was the most pronounced in 2015 with an increase of X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, citrus fruit exports dropped sharply to $X in 2022. In general, total exports indicated measured 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 decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X tons), China (X tons) and Hong Kong SAR (X tons) were the main destinations of citrus fruit exports from Australia, together comprising X% of total exports. Thailand, Vietnam, the Philippines, Indonesia, Singapore, New Zealand, South Korea, Canada, Malaysia and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and Hong Kong SAR ($X) were the largest markets for citrus fruit exported from Australia worldwide, together accounting for X% of total exports. Vietnam, Thailand, the Philippines, Indonesia, Canada, South Korea, Singapore, New Zealand, Malaysia and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, the Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average citrus fruit export price amounted to $X per ton, waning by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Citrus Fruit Imports

Imports into Australia

In 2022, citrus fruit imports into Australia fell notably to X tons, which is down by X% on the year before. In general, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, citrus fruit imports contracted sharply to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of citrus fruit to Australia, accounting for a X% share of total imports. Moreover, citrus fruit imports from the United States exceeded the figures recorded by the second-largest supplier, Egypt (X tons), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Israel (X% per year).

In value terms, the United States ($X) constituted the largest supplier of citrus fruits to Australia, comprising X% of total imports. The second position in the ranking was taken by Egypt ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Israel (X% per year).

Import Prices by Country

In 2022, the average citrus fruit import price amounted to $X per ton, growing 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 2014 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Israel ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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