Australia: Rye Market Overview 2020

Rye Market Size in Australia

The revenue of the rye market in Australia amounted to $X in 2018, jumping by X% against the previous year. Over the period under review, the total market indicated buoyant growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 when the market value increased by X% year-to-year. Rye consumption peaked at $X in 2012; however, from 2013 to 2018, consumption failed to regain its momentum.

Rye Production in Australia

In value terms, rye production totaled $X in 2018 estimated in export prices. Overall, the total output indicated a remarkable expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when production volume increased by X% against the previous year. Rye production peaked at $X in 2012; however, from 2013 to 2018, production failed to regain its momentum.

In 2018, the average rye yield in Australia totaled X kg per ha, surging by X% against the previous year. The yield figure increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations over the period under review. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Rye yield peaked in 2018 and is likely to continue its growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Rye harvested area in Australia totaled X ha in 2018, remaining relatively unchanged against the previous year. Over the period under review, the total harvested area indicated slight growth from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, rye harvested area decreased by -X% against 2012 indices. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. In that year, the rye harvested area reached its peak level of X ha. From 2009 to 2018, the growth of the rye harvested area remained at a lower figure.

Rye Exports

Exports from Australia

Rye exports from Australia amounted to X tonnes in 2018, going down by -X% against the previous year. In general, rye exports continue to indicate a drastic reduction. The pace of growth was the most pronounced in 2013 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, rye exports amounted to $X in 2018. In general, rye exports continue to indicate a drastic reduction. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Over the period under review, rye exports reached their peak figure at $X in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Taiwan, Chinese (X tonnes) was the main destination for rye exports from Australia, with a X% share of total exports. Moreover, rye exports to Taiwan, Chinese exceeded the volume sent to the second major destination, Indonesia (X tonnes), threefold. Thailand (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 Taiwan, Chinese amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+X% per year) and Thailand (+X% per year).

In value terms, the largest markets for rye exported from Australia were Thailand ($X), Taiwan, Chinese ($X) and Indonesia ($X), with a combined X% share of total exports.

Taiwan, Chinese experienced the highest growth rate of exports, among the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average rye export price stood at $X per tonne in 2018, going up by X% against the previous year. Over the period under review, the rye export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for rye reached their maximum at $X per tonne in 2012; however, from 2013 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 Thailand ($X per tonne), while the average price for exports to South Korea ($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 Thailand, while the prices for the other major destinations experienced more modest paces of growth.

Rye Imports

Imports into Australia

In 2018, the rye imports into Australia stood at X tonnes, coming down by -X% against the previous year. In general, rye imports continue to indicate a deep decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, rye imports attained their maximum at X tonnes in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, rye imports totaled $X in 2018. Over the period under review, rye imports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Imports peaked at $X in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

Imports by Country

The U.S. (X tonnes) and Canada (X tonnes) were the main suppliers of rye imports to Australia, together accounting for X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the U.S..

In value terms, the largest rye suppliers to Australia were the U.S. ($X) and Canada ($X), together comprising X% of total imports.

The U.S. experienced the highest growth rate of imports, in terms of the main suppliers over the last eleven years.

Import Prices by Country

The average rye import price stood at $X per tonne in 2018, coming down by -X% against the previous year. Over the period under review, the rye import price continues to indicate a significant downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% year-to-year. In that year, the average import prices for rye attained their peak level of $X per tonne, and then declined slightly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2018, the country with the highest price was Canada ($X per tonne), while the price for the U.S. stood at $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Canada.

Source: IndexBox AI Platform