Australia: Rye Market Overview 2021

Rye Market Size in Australia

The Australian rye market fell notably to $X in 2019, which is down by -X% against the previous year. Overall, consumption, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.

Rye Production in Australia

In value terms, rye production declined rapidly to $X in 2019 estimated in export prices. In general, production, however, showed a noticeable contraction. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.

The average yield of rye in Australia reached X kg per ha in 2019, increasing by X% against the year before. Overall, the yield, however, continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. The rye yield peaked at X tonnes per ha in 2007; however, from 2008 to 2019, the yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The rye harvested area in Australia rose modestly to X ha in 2019, surging by X% on the year before. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 when the harvested area increased by X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2009 to 2019, the growth of the rye harvested area remained at a lower figure.

Rye Exports

Exports from Australia

In 2019, approx. X tonnes of rye were exported from Australia; growing by X% compared with the previous year's figure. Overall, exports posted a buoyant expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, rye exports soared to $X in 2019. Over the period under review, exports enjoyed a moderate expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

South Africa (X tonnes) and Thailand (X tonnes) were the main destinations of rye exports from Australia.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Africa.

In value terms, Thailand ($X) and South Africa ($X) were the largest markets for rye exported from Australia worldwide.

South Africa recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2019, the average rye export price amounted to $X per tonne, falling by -X% against the previous year. In general, the export price continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2012; however, from 2013 to 2019, export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2019, the country with the highest price was Thailand ($X per tonne), while the average price for exports to South Africa amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Thailand.

Rye Imports

Imports into Australia

In 2019, supplies from abroad of rye decreased by -X% to X kg, falling for the second consecutive year after two years of growth. Overall, imports saw a abrupt decline. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, rye imports fell rapidly to $X in 2019. Over the period under review, imports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

Imports by Country

In 2018, the U.S. (X tonnes) was the main rye supplier to Australia, with a approx. X% share of total imports.

From 2007 to 2018, the average annual growth rate of volume from the U.S. stood at -X%.

In value terms, the U.S. ($X) constituted the largest supplier of rye to Australia.

From 2007 to 2018, the average annual growth rate of value from the U.S. totaled -X%.

Import Prices by Country

In 2018, the average rye import price amounted to $X per tonne, dropping by -X% against the previous year. In general, the import price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2015 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2016 to 2018, the growth in terms of the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the U.S..

From 2007 to 2018, the rate of growth in terms of prices for the U.S. amounted to -X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rye in the world?

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The countries with the highest volumes of rye consumption in 2019 were Germany (2.4M tonnes), Russia (1.7M tonnes) and Poland (1.6M tonnes), with a combined 52% share of global consumption. China, Denmark, the U.S., Spain, Belarus, Ukraine, Turkey and Austria lagged somewhat behind, together accounting for a further 36%.

What are the largest producers of rye in the world?

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The countries with the highest volumes of rye production in 2019 were Germany (2.2M tonnes), Poland (2.1M tonnes) and Russia (1.8M tonnes), with a combined 54% share of global production. These countries were followed by China, Denmark, Belarus, Spain, Ukraine, Turkey, Canada, Latvia, the U.S. and Austria, which together accounted for a further 36%.

What are the leading suppliers of rye to Australia?

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In value terms, the U.S. ($3.8K) constituted the largest supplier of rye to Australia.

What are the leading importers of rye from Australia?

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In value terms, the largest markets for rye exported from Australia were Thailand ($52K) and South Africa ($43K).

What is the average export price for rye in Australia?

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The average rye export price stood at $444 per tonne in 2019, waning by -29.4% against the previous year.

What is the average import price for rye in Australia?

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In 2018, the average rye import price amounted to $239 per tonne, dropping by -37.4% against the previous year.