Australia: Rye Market 2024

Rye Market Size in Australia

The Australian rye market was estimated at $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, saw a perceptible decrease. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Rye Production in Australia

In value terms, rye production expanded notably to $X in 2022 estimated in export price. In general, production, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of X%. Rye production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

In 2022, the average rye yield in Australia shrank modestly to X kg per ha, remaining relatively unchanged against 2021. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the average rye yield hit record highs at X kg per ha in 2017; however, from 2018 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of rye in Australia stood at X ha, approximately mirroring 2021. Overall, the harvested area, however, continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the harvested area dedicated to rye production attained the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

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Rye Exports

Exports from Australia

In 2022, exports of rye from Australia surged to X tons, growing by X% against 2021. In general, exports, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, rye exports surged to $X in 2022. Overall, exports, however, showed a abrupt setback. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Taiwan (Chinese) (X tons) was the main destination for rye exports from Australia, accounting for a X% share of total exports. Moreover, rye exports to Taiwan (Chinese) exceeded the volume sent to the second major destination, China (X tons), more than tenfold. Thailand (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Taiwan (Chinese) stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Thailand (X% per year).

In value terms, Taiwan (Chinese) ($X) remains the key foreign market for rye exports from Australia, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Taiwan (Chinese) totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Thailand (X% per year).

Export Prices by Country

The average rye export price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the export price showed a noticeable decline. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while the average price for exports to Taiwan (Chinese) ($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 New Zealand (X%), while the prices for the other major destinations experienced more modest paces of growth.

Rye Imports

Imports into Australia

Rye imports into Australia stood at X kg in 2014, flattening at the previous year's figure. Overall, imports continue to indicate a precipitous slump. The smallest decline of X% was in 2013. Imports peaked at X tons in 2012; however, from 2013 to 2014, imports remained at a lower figure.

In value terms, rye imports amounted to $X in 2014. Over the period under review, imports faced a sharp decrease. The smallest decline of X% was in 2013. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2014, imports failed to regain momentum.

Imports by Country

In 2014, Canada (X kg) was the main supplier of rye to Australia, with a approx. X% share of total imports.

From 2012 to 2014, the average annual rate of growth in terms of volume from Canada amounted to X%.

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

From 2012 to 2014, the average annual rate of growth in terms of value from Canada totaled X%.

Import Prices by Country

In 2014, the average rye import price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the import price recorded a abrupt contraction. The growth pace was the most rapid in 2013 a decrease of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2014, import prices remained at a lower figure.

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

From 2012 to 2014, the rate of growth in terms of prices for Canada amounted to X% per year.

Source: IndexBox Platform

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