Australia: Poultry Market 2024

Poultry Market Size in Australia

The Australian poultry market expanded slightly to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Poultry Production in Australia

In value terms, poultry production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

In 2022, the average poultry yield in Australia totaled X kg per head, approximately reflecting the year before. Over the period under review, the yield recorded a relatively flat trend pattern. The poultry yield peaked in 2022 and is likely to continue growth in years to come.

The number of animals slaughtered for poultry production in Australia dropped slightly to X heads in 2022, therefore, remained relatively stable against 2021 figures. This number increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, this number attained the maximum level at X heads in 2021, and then shrank slightly in the following year.

Poultry Exports

Exports from Australia

In 2022, exports of poultry from Australia expanded markedly to X tons, growing by X% compared with the year before. Over the period under review, total exports indicated temperate growth 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 increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, poultry exports expanded sharply to $X in 2022. Overall, total exports 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, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Papua New Guinea (X tons), the Philippines (X tons) and Solomon Islands (X tons) were the main destinations of poultry exports from Australia, with a combined X% share of total exports. Vanuatu, South Africa, Kiribati, South Korea and Hong Kong SAR lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Papua New Guinea ($X), the Philippines ($X) and Solomon Islands ($X) were the largest markets for poultry exported from Australia worldwide, with a combined X% share of total exports. Vanuatu, Kiribati, Hong Kong SAR, South Africa and South Korea lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, South Korea, 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 poultry export price amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to South Africa ($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 Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry Imports

Imports into Australia

In 2022, imports of poultry into Australia reduced dramatically to X tons, waning by X% on 2021 figures. Over the period under review, imports showed a significant decline. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, poultry imports reduced dramatically to $X in 2022. In general, imports saw a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, New Zealand (X tons) was the main supplier of poultry to Australia, accounting for a X% share of total imports. It was followed by the United States (X kg), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from New Zealand totaled X%.

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

From 2012 to 2022, the average annual rate of growth in terms of value from New Zealand amounted to X%.

Import Prices by Country

The average poultry import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price, however, showed a abrupt slump. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the United States ($X per ton), while the price for New Zealand amounted to $X per ton.

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

Source: IndexBox Platform

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