Australia - Garlic - Market Analysis, Forecast, Size, Trends and Insights

Australia: Garlic Market Overview 2019

Garlic Market Size in Australia

The revenue of the garlic market in Australia amounted to $X in 2017, shrinking by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, garlic consumption continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2010, with an increase of X% year-to-year. Over the period under review, the garlic market attained its maximum level of $X in 2016, and then declined slightly in the following year.

Garlic Exports

Exports from Australia

In 2017, garlic exports from Australia amounted to X tonnes, growing by X% against the previous year. In general, garlic exports continue to indicate a mild deduction. The most prominent rate of growth was recorded in 2013, when it surged by X% year-to-year. The exports peaked of X tonnes in 2010; however, from 2011 to 2017, it failed to regain its momentum.

In value terms, garlic exports stood at $X in 2017. Overall, garlic exports continue to indicate a mild growth. Over the period under review, the garlic exports reached its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Exports by Country

New Zealand (X tonnes) was the main destination of garlic exports from Australia, with a X% share of total exports. Moreover, garlic exports to New Zealand exceeded the volume sent to the second major destination, Papua New Guinea (X tonnes), fourfold. China (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2017, the average annual growth rate of volume to New Zealand stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (+X% per year) and China (+X% per year).

In value terms, New Zealand ($X) remains the key foreign market for garlic exports from Australia, making up X% of total garlic exports. The second position in the ranking was occupied by Papua New Guinea ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2007 to 2017, the average annual growth rate of value to New Zealand amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (+X% per year) and China (+X% per year).

Export Prices by Country

In 2017, the average garlic export price amounted to $X per tonne, declining by -X% against the previous year. Overall, garlic export price continues to indicate a significant increase. The pace of growth appeared the most rapid in 2010, when the average export price increased by X% against the previous year. The export price peaked of $X per tonne in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of origin; the country with the highest export price was China ($X per tonne), while average price for exports to New Zealand ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to China (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Garlic Imports

Imports into Australia

In 2017, imports of garlic into Australia stood at X tonnes, waning by -X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The growth pace was the most rapid in 2016, when imports increased by X% against the previous year. In that year, the garlic imports attained their peak volume of X tonnes, and then declined slightly in the following year.

In value terms, garlic imports totaled $X in 2017. Overall, garlic imports continue to indicate a remarkable increase. The imports peaked of $X in 2016, and then declined slightly in the following year.

Imports by Country

In 2017, China (X tonnes) constituted the largest supplier of garlic to Australia, with a X% share of total imports. Moreover, garlic imports from China exceeded the figures recorded by the second largest supplier, Spain (X tonnes), eightfold. The third position in this ranking was occupied by Argentina (X tonnes), with a X% share.

From 2007 to 2017, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Argentina (+X% per year).

In value terms, China ($X) constituted the largest supplier of garlic to Australia, making up X% of total garlic imports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2007 to 2017, the average annual growth rate of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+X% per year) and Spain (+X% per year).

Import Prices by Country

In 2017, the average garlic import price amounted to $X per tonne, falling by -X% against the previous year. Overall, garlic import price continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2010, an increase of X% y-o-y. In that year, the average import prices for garlic reached their peak level of $X per tonne. From 2011 to 2017, growth of the average import prices for garlic failed to regain its momentum.

Import prices varied noticeably by the country of origin; the country with the highest import price was Mexico ($X per tonne), while price for China ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Egypt (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform