Australia and Oceania: Fermented Milk Products Market 2020

Fermented Milk Products Market Size in Australia and Oceania

The revenue of the fermented milk products market in Australia and Oceania amounted to $X in 2017, therefore, remained relatively stable against the previous year. The fermented milk products consumption continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2010, when market value increased by X% against the previous year. The level of fermented milk products consumption peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Fermented Milk Products Production in Australia and Oceania

The fermented milk products production amounted to X tons in 2017, standing approx. at the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2008, when the output figure increased by X% against the previous year. Over the period under review, the fermented milk products production reached its peak figure volume in 2017, and is expected to retain its growth in the near future.

Fermented Milk Products Exports in Australia and Oceania

In 2017, approx. X tons of curdled milk, cream, yogurt or acidified milk and other fermented products were exported in Australia and Oceania; rising by X% against the previous year. The fermented milk products exports continue to indicate a moderate reduction. The growth pace was the most rapid in 2017, with an increase of X% year-to-year. The volume of exports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, fermented milk products exports stood at $X in 2017. The fermented milk products exports continue to indicate a moderate setback. The level of exports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Fermented Milk Products Exports by Country in Australia and Oceania

New Zealand was the main exporting country with an export of about X tons, which recorded X% of total exports. It was distantly followed by Australia (X tons), creating X% share of total exports.

New Zealand was also the fastest growing in terms of the curdled milk, cream, yogurt or acidified milk and other fermented products exports, with a CAGR of -X% from 2007 to 2017. Australia (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of New Zealand and Australia increased by X% and X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) remains the largest fermented milk products supplier in Australia and Oceania, making up X% of global exports. The second position in the ranking was occupied by Australia ($X), with a X% share of global exports.

From 2007 to 2017, the average annual rate of growth in terms of value in New Zealand stood at -X%.

Fermented Milk Products Export Prices by Country in Australia and Oceania

In 2017, the fermented milk products export price in Australia and Oceania amounted to $X per ton, going up by X% against the previous year. The fermented milk products export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, when the export prices increased by X% year-to-year. The level of export price peaked of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Australia ($X per ton) and New Zealand ($X per ton), while New Zealand ($X per ton) and Australia ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Australia (+X% per year).

Fermented Milk Products Imports in Australia and Oceania

In 2017, the amount of curdled milk, cream, yogurt or acidified milk and other fermented products imported in Australia and Oceania stood at X tons, dropping by -X% against the previous year. The fermented milk products imports continue to indicate a moderate contraction. The growth pace was the most rapid in 2011, when it surged by X% y-o-y. The volume of imports peaked of X tons in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, fermented milk products imports totaled $X in 2017. The fermented milk products imports continue to indicate a relatively flat trend pattern. Over the period under review, the fermented milk products imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Fermented Milk Products Imports by Country in Australia and Oceania

Australia was the key importer of curdled milk, cream, yogurt or acidified milk and other fermented products in Australia and Oceania, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2017. Papua New Guinea (X tons) held the second position in the ranking, followed by New Zealand (X tons). All these countries together occupied approx. X% share of total imports. French Polynesia (X tons), Samoa (X tons), Palau (X tons) and Solomon Islands (X tons) held the mild share of total imports.

Australia experienced a relatively flat trend pattern of curdled milk, cream, yogurt or acidified milk and other fermented products imports. At the same time, Solomon Islands (+X%), Palau (+X%), Samoa (+X%) and French Polynesia (+X%) displayed positive paces of growth. Moreover, Solomon Islands emerged as the fastest growing importer in Australia and Oceania, with a CAGR of +X% from 2007-2017. By contrast, New Zealand (-X%) and Papua New Guinea (-X%) illustrated a downward trend over the same period. Papua New Guinea (X%), Australia (X%) and New Zealand (X%) significantly strengthened its position in terms of the global imports, while Solomon Islands and Samoa saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported curdled milk, cream, yogurt or acidified milk and other fermented products in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global imports. It was followed by Papua New Guinea, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Australia was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+X% per year) and Papua New Guinea (-X% per year).

Fermented Milk Products Import Prices by Country in Australia and Oceania

In 2017, the fermented milk products import price in Australia and Oceania amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008, when the import prices increased by X% year-to-year. Over the period under review, the import prices for curdled milk, cream, yogurt or acidified milk and other fermented products attained its maximum level in 2017, and is expected to retain its growth in the near future.

Import prices varied noticeably by the country of destination; the country with the highest import price was New Zealand ($X per ton), while Solomon Islands ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Papua New Guinea (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform