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Australia - Food Preparations For Infants - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Australia - Food Preparations For Infants - Market Analysis, Forecast, Size, Trends And Insights

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Oct 3, 2023

Price of Baby Food in Australia Reaches New Record of $17.2 per kg After Two Months of Consecutive Increase

Australia Baby Food Export Price in July 2023

In July 2023, the baby food price stood at $17,215 per ton (FOB, Australia), increasing by 14% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in June 2023 when the average export price increased by 68% m-o-m. The export price peaked in July 2023.

Average prices varied somewhat for the major external markets. In July 2023, the country with the highest price was China ($19,874 per ton), while the average price for exports to the United States ($14,103 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.

Australia Baby Food Export Prices By Country (USD Per Ton)
COUNTRYExport Price of Baby Food in Australia (USD per ton)
Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023
China17,83314,24210,77517,20016,00016,27015,30616,32515,52916,5797,90919,06619,874
Vietnam12,46812,46412,59417,03016,81317,17616,87613,67015,06414,52814,99714,57214,238
United States12,43813,50012,0258,77513,66613,95913,42514,13216,17614,809N/A14,72014,103
Bangladesh6,2826,2296,2157,3477,1187,0206,9676,8436,9296,9426,9167,030N/A
Hong Kong13,52116,61217,06211,92020,90814,12213,63422,53414,83617,36817,6208,493N/A
Average15,11312,43711,08115,64415,14314,15814,92913,52013,49913,8848,96815,05017,215

Australia Baby Food Exports

In July 2023, the amount of food preparations for infants exported from Australia dropped to 989 tons, reducing by -12.6% against June 2023. Over the period under review, exports saw a deep slump. The most prominent rate of growth was recorded in March 2023 when exports increased by 121% month-to-month.

In value terms, baby food exports fell modestly to $17M (IndexBox estimates) in July 2023. In general, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in March 2023 when exports increased by 120% against the previous month.

Australia Baby Food Exports by Country

China (527 tons) was the main destination for baby food exports from Australia, accounting for a 53% share of total exports. Moreover, baby food exports to China exceeded the volume sent to the second major destination, Vietnam (209 tons), threefold. The third position in this ranking was taken by Thailand (84 tons), with an 8.5% share.

From July 2022 to July 2023, the average monthly rate of growth in terms of volume to China stood at -9.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Vietnam (-4.1% per month) and Thailand (+6.6% per month).

In value terms, China ($10M) remains the key foreign market for baby food exports from Australia, comprising 62% of total exports. The second position in the ranking was held by Vietnam ($3M), with a 17% share of total exports. It was followed by Thailand, with a 9.1% share.

From July 2022 to July 2023, the average monthly rate of growth in terms of value to China totaled -8.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Vietnam (-3.0% per month) and Thailand (+5.7% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the baby food market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 10861070 - Food preparations for infants, p.r.s. (excluding homogenised composite food preparations)

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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