Australia and Oceania: Broken Rice Market 2020

Broken Rice Exports

Exports in Australia and Oceania

The exports amounted to X tons in 2018, rising by X% against the previous year. Over the period under review, broken rice exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, broken rice exports attained their peak figure at X tons in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

In value terms, broken rice exports stood at $X in 2018. In general, broken rice exports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, broken rice exports reached their peak figure at $X in 2012; however, from 2013 to 2018, exports remained at a lower figure.

Exports by Country

Australia dominates broken rice exports structure, recording X tons, which was approx. X% of total exports in 2018. Vanuatu (X tons) held the second position in the ranking, followed by Papua New Guinea (X tons). All these countries together occupied near X% share of total exports.

Exports from Australia increased at an average annual rate of +X% from 2007 to 2018. At the same time, Vanuatu (+X%) and Papua New Guinea (+X%) displayed positive paces of growth. Moreover, Vanuatu emerged as the fastest-growing exporter in Australia and Oceania, with a CAGR of +X% from 2007-2018. From 2007 to 2018, the share of Australia, Vanuatu and Papua New Guinea increased by +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest broken rice supplier in Australia and Oceania, comprising X% of total broken rice exports. The second position in the ranking was occupied by Papua New Guinea ($X), with a X% share of total exports.

In Australia, broken rice exports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Papua New Guinea (+X% per year) and Vanuatu (+X% per year).

Export Prices by Country

The broken rice export price in Australia and Oceania stood at $X per ton in 2018, dropping by -X% against the previous year. The export price indicated a noticeable increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2009 an increase of X% y-o-y. The level of export price peaked at $X per ton in 2010; however, from 2011 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Papua New Guinea ($X per ton), while Vanuatu ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Papua New Guinea, while the other leaders experienced more modest paces of growth.

Broken Rice Imports

Imports in Australia and Oceania

The imports stood at X tons in 2018, surging by X% against the previous year. The total imports indicated buoyant growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, broken rice imports increased by +X% against 2014 indices. The growth pace was the most rapid in 2016 when imports increased by X% y-o-y. The volume of imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, broken rice imports amounted to $X in 2018. The total imports indicated a remarkable increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, broken rice imports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. The level of imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, Papua New Guinea (X tons) represented the main importer of broken rice, making up X% of total imports. Micronesia (Federated States of) (X tons) held the second position in the ranking, followed by Australia (X tons), Solomon Islands (X tons), Samoa (X tons) and Kiribati (X tons). All these countries together occupied approx. X% share of total imports. Fiji (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Solomon Islands (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest broken rice importing markets in Australia and Oceania were Papua New Guinea ($X), Micronesia (Federated States of) ($X) and Australia ($X), with a combined X% share of total imports. These countries were followed by Samoa, Solomon Islands, Kiribati and Fiji, which together accounted for a further X the main importing countries, Solomon Islands (+X% per year) recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the broken rice import price in Australia and Oceania amounted to $X per ton, going down by -X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the import price increased by X% year-to-year. Over the period under review, the import prices for broken rice attained their peak figure at $X per ton in 2012; however, from 2013 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Micronesia (Federated States of) ($X per ton), while Kiribati ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Micronesia (Federated States of), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform