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Australia - Citrus Fruit - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Australia - Citrus Fruit - Market Analysis, Forecast, Size, Trends and Insights

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Jan 22, 2024

Australian Citrus Fruit Exports Plummet to $1.2M in November 2023

Australia Citrus Fruit Exports

In November 2023, shipments abroad of citrus fruits decreased by -96.1% to 889 tons, falling for the third consecutive month after five months of growth. In general, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in May 2023 when exports increased by 975% month-to-month.

In value terms, citrus fruit exports shrank significantly to $1.2M (IndexBox estimates) in November 2023. Overall, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in May 2023 with an increase of 1,008% m-o-m.Australia Citrus Fruit Exports By Country (Million USD)

COUNTRYExport Value of Citrus Fruit in Australia (million USD)
Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 2023
Taiwan (Chinese)N/AN/AN/AN/AN/AN/A0.72.11.80.70.90.3< 0.1
Singapore0.60.40.20.1< 0.1< 0.10.41.12.22.02.51.2< 0.1
Philippines0.5< 0.1N/AN/AN/AN/A1.72.62.82.82.10.7< 0.1
India< 0.1N/AN/AN/AN/AN/AN/A0.41.51.91.10.4N/A
United StatesN/AN/AN/AN/AN/AN/AN/A1.44.76.01.90.3N/A
China< 0.1N/AN/AN/AN/AN/A0.711.017.418.39.41.0N/A
South KoreaN/AN/AN/AN/AN/AN/AN/A2.14.95.57.01.1N/A
Others8.41.80.80.50.50.86.827.143.150.742.921.81.1
Total9.72.21.00.60.60.910.247.878.388.167.826.81.2

Exports by Country

Taiwan (Chinese) (59 tons) was the main destination for citrus fruit exports from Australia, with a 6.7% share of total exports. Moreover, citrus fruit exports to Taiwan (Chinese) exceeded the volume sent to the second major destination, Singapore (12 tons), fivefold.

From November 2022 to November 2023, the average monthly rate of growth in terms of volume to Taiwan (Chinese) amounted to -31.7%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Singapore (-29.2% per month) and the Philippines (-43.0% per month).

In value terms, Taiwan (Chinese) ($71K) emerged as the key foreign market for citrus fruit exports from Australia, comprising 5.7% of total exports. The second position in the ranking was taken by Singapore ($27K), with a 2.2% share of total exports.

From November 2022 to November 2023, the average monthly rate of growth in terms of value to Taiwan (Chinese) amounted to -31.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Singapore (-22.8% per month) and the Philippines (-39.3% per month).

Exports by Type

Tangerines, mandarins, clementines, satsumas (762 tons) was the largest type of citrus fruit exported from Australia, accounting for a 86% share of total exports. Moreover, tangerines, mandarins, clementines, satsumas exceeded the volume of the second product type, grapefruits (127 tons), sixfold.

From November 2022 to November 2023, the average monthly rate of growth in terms of the volume of export of tangerines, mandarins, clementines, satsumas amounted to +1.2%. With regard to the other exported products, the following average monthly rates of growth were recorded: grapefruits (+8.9% per month) and citrus fruits not elsewhere classified (-11.1% per month).

In value terms, tangerines, mandarins, clementines, satsumas ($1.1M) emerged as the largest type of citrus fruit exported from Australia, comprising 86% of total exports. The second position in the ranking was held by grapefruits ($159K), with a 13% share of total exports.

From November 2022 to November 2023, the average monthly growth rate of the export volume of tangerines, mandarins, clementines, satsumas totaled +3.4%. With regard to the other exported products, the following average monthly rates of growth were recorded: grapefruits (+10.3% per month) and citrus fruits not elsewhere classified (-2.2% per month).

Export Prices by Country

In November 2023, the citrus fruit price stood at $1,387 per ton (FOB, Australia), increasing by 19% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.4%. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 21% month-to-month. Over the period under review, the average export prices attained the peak figure in November 2023.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Hong Kong ($2,428 per ton), while the average price for exports to Malaysia ($1,076 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the citrus fruit 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:

  • FCL 507 - Grapefruit and pomelo
  • FCL 497 - Lemons and limes
  • FCL 490 - Oranges
  • FCL 495 - Tangerines, mandarins, clementines, satsumas
  • FCL 512 - Citrus fruit nes

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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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, HARVESTED AREA AND YIELD

  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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023

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