Australia and Oceania: Apple Juice Market 2024

Apple Juice Market Size in Australia and Oceania

The apple juice market in Australia and Oceania stood at $X in 2021, standing approx. at the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 7.1%. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Apple Juice Production in Australia and Oceania

In value terms, apple juice production totaled $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 11% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Apple Juice Exports

Exports in Australia and Oceania

In 2021, the amount of apple juice (single strength) exported in Australia and Oceania expanded remarkably to X tons, picking up by 5.1% compared with the previous year's figure. Overall, exports, however, showed a pronounced setback. The pace of growth was the most pronounced in 2016 when exports increased by 38%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, apple juice exports totaled $X in 2021. Over the period under review, exports, however, saw a mild decline. The pace of growth appeared the most rapid in 2019 when exports increased by 37%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Australia (X tons) represented the main exporter of apple juice (single strength), generating 66% of total exports. It was distantly followed by New Zealand (X tons), creating a 34% share of total exports.

From 2012 to 2021, the biggest increases were recorded for New Zealand (with a CAGR of +28.2%).

In value terms, the largest apple juice supplying countries in Australia and Oceania were Australia ($X) and New Zealand ($X).

New Zealand, with a CAGR of +25.1%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, surging by 8.2% against the previous year. Over the last nine years, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2019 when the export price increased by 18% against the previous year. Over the period under review, the export prices reached the peak figure in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+0.8%).

Apple Juice Imports

Imports in Australia and Oceania

Apple juice imports surged to X tons in 2021, with an increase of 18% against the previous year's figure. Over the period under review, imports, however, continue to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2017 with an increase of 67% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, apple juice imports surged to $X in 2021. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 75%. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

Australia was the main importing country with an import of about X tons, which accounted for 65% of total imports. New Caledonia (X tons) took the second position in the ranking, followed by New Zealand (X tons). All these countries together held approx. 29% share of total imports. The following importers - Vanuatu (X tons) and Papua New Guinea (X tons) - each recorded a 3.6% share of total imports.

Imports into Australia decreased at an average annual rate of -2.4% from 2012 to 2021. At the same time, New Caledonia (+9.7%) and Vanuatu (+9.1%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +9.7% from 2012-2021. By contrast, New Zealand (-6.7%) and Papua New Guinea (-12.3%) illustrated a downward trend over the same period. While the share of New Caledonia (+9.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Papua New Guinea (-2.8 p.p.) and New Zealand (-6.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported apple juice (single strength) in Australia and Oceania, comprising 72% of total imports. The second position in the ranking was held by New Zealand ($X), with a 15% share of total imports. It was followed by New Caledonia, with a 9.2% share.

From 2012 to 2021, the average annual growth rate of value in Australia stood at +4.3%. In the other countries, the average annual rates were as follows: New Zealand (-6.7% per year) and New Caledonia (+7.0% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, surging by 4.6% against the previous year. Import price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, apple juice import price increased by +65.4% against 2016 indices. The most prominent rate of growth was recorded in 2018 an increase of 36%. The level of import peaked in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+6.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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