Australia and Oceania: Breakfast Cereal Market 2022

Breakfast Cereal Market Size in Australia and Oceania

In 2021, the breakfast cereal market in Australia and Oceania decreased by -X% to $X, falling for the fourth consecutive year after two years of growth. Overall, consumption continues to indicate a perceptible decline. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Breakfast Cereal Production in Australia and Oceania

In value terms, breakfast cereal production totaled $X in 2021 estimated in export price. In general, production, however, showed a noticeable decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Breakfast Cereal Exports

Exports in Australia and Oceania

In 2021, approx. X tons of breakfast cereals were exported in Australia and Oceania; growing by X% against the previous year. Total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, breakfast cereal exports surged to $X in 2021. Total exports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Australia was the key exporting country with an export of around X tons, which accounted for X% of total exports. It was distantly followed by New Zealand (X tons), committing a X% share of total exports.

Australia was also the fastest-growing in terms of the breakfast cereals exports, with a CAGR of +X% from 2012 to 2021. New Zealand experienced a relatively flat trend pattern. Australia (+X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by -X% from 2012 to 2021, respectively.

In value terms, Australia ($X) remains the largest breakfast cereal supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia totaled +X%.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, shrinking by -X% against the previous year. Over the period under review, the export price showed a perceptible decline. The most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was New Zealand ($X per ton), while Australia totaled $X per ton.

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

Breakfast Cereal Imports

Imports in Australia and Oceania

In 2021, supplies from abroad of breakfast cereals decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2020, and then shrank in the following year.

In value terms, breakfast cereal imports amounted to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

Imports by Country

Australia represented the key importer of breakfast cereals in Australia and Oceania, with the volume of imports recording X tons, which was approx. X% of total imports in 2021. It was distantly followed by New Zealand (X tons), committing a X% share of total imports. Fiji (X tons) held a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to breakfast cereal imports into Australia stood at +X%. At the same time, Fiji (+X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +X% from 2012-2021. New Zealand experienced a relatively flat trend pattern. percentage points. New Zealand (-X p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported breakfast cereals in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (-X% per year) and Fiji (+X% per year).

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, surging by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was New Zealand ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Fiji (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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