Australia: Garlic Market Overview 2020

Garlic Market Size in Australia

The revenue of the garlic market in Australia amounted to $X in 2018, dropping 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, the total market indicated temperate growth from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, garlic consumption decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. In that year, the garlic market attained its peak level of $X. From 2017 to 2018, the growth of the garlic market remained at a somewhat lower figure.

Garlic Exports

Exports from Australia

In 2018, the garlic exports from Australia totaled X tonnes, declining by -X% against the previous year. In general, garlic exports continue to indicate a moderate shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. In that year, garlic exports attained their peak of X tonnes. From 2017 to 2018, the growth of garlic exports failed to regain its momentum.

In value terms, garlic exports totaled $X in 2018. Over the period under review, garlic exports continue to indicate a slight increase. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Exports peaked at $X in 2013; however, from 2014 to 2018, exports remained at a lower figure.

Exports by Country

New Zealand (X tonnes) was the main destination for 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. Indonesia (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms 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 Indonesia (+X% per year).

In value terms, New Zealand ($X), the U.S. ($X) and Papua New Guinea ($X) constituted the largest markets for garlic exported from Australia worldwide, together comprising X% of total exports. These countries were followed by China, Indonesia, Solomon Islands and Vanuatu, which together accounted for a further X terms of the main countries of destination, Solomon Islands (+X% per year) experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average garlic export price stood at $X per tonne in 2018, jumping by X% against the previous year. Overall, the garlic export price continues to indicate perceptible growth. The growth pace was the most rapid in 2010 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2013; however, from 2014 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to New Zealand ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Garlic Imports

Imports into Australia

In 2018, the imports of garlic into Australia amounted to X tonnes, declining by -X% against the previous year. In general, garlic imports continue to indicate a slight shrinkage. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. In that year, garlic imports reached their peak of X tonnes. From 2017 to 2018, the growth of garlic imports remained at a somewhat lower figure.

In value terms, garlic imports totaled $X in 2018. In general, garlic imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. Imports peaked at $X in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, China (X tonnes) constituted the largest supplier of garlic to Australia, accounting for a X% share of total imports. Moreover, garlic imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tonnes), sixfold. Mexico (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Mexico (-X% per year).

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

From 2007 to 2018, the average annual rate of growth in terms of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Argentina (+X% per year).

Import Prices by Country

The average garlic import price stood at $X per tonne in 2018, going down by -X% against the previous year. Over the period under review, the garlic import price, however, continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2010 when the average import price increased by X% against the previous year. In that year, the average import prices for garlic attained their peak level of $X per tonne. From 2011 to 2018, the growth in terms of the average import prices for garlic failed to regain its momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Argentina ($X per tonne), while the price for Mexico ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform