Australia and Oceania: Non-Wheat Groats Market 2024

Non-Wheat Groats Market Size in Australia and Oceania

In 2021, the non-wheat groats market in Australia and Oceania increased by 12% to $X for the first time since 2015, thus ending a five-year declining trend. In general, consumption, however, recorded a abrupt setback. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Non-Wheat Groats Production in Australia and Oceania

In value terms, non-wheat groats production reached $X in 2021 estimated in export price. Overall, production, however, continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2015 when the production volume increased by 21% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Non-Wheat Groats Exports

Exports in Australia and Oceania

In 2021, shipments abroad of groats and meal of cereals (excluding wheat) increased by 35% to X tons, rising for the second year in a row after five years of decline. Total exports indicated slight growth from 2012 to 2021: its volume increased at an average annual rate of +1.7% 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 +119.1% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 63% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, non-wheat groats exports skyrocketed to $X in 2021. Overall, exports showed a noticeable increase. The pace of growth was the most pronounced in 2014 with an increase of 144%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia represented the key exporter of groats and meal of cereals (excluding wheat) in Australia and Oceania, with the volume of exports amounting to X tons, which was near 73% of total exports in 2021. It was distantly followed by New Zealand (X tons), constituting a 27% share of total exports.

Australia was also the fastest-growing in terms of the groats and meal of cereals (excluding wheat) exports, with a CAGR of +6.3% from 2012 to 2021. New Zealand (-5.1%) illustrated a downward trend over the same period. Australia (+24 p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by -23.5% from 2012 to 2021, respectively.

In value terms, Australia ($X) remains the largest non-wheat groats supplier in Australia and Oceania, comprising 78% of total exports. The second position in the ranking was held by New Zealand ($X), with a 22% share of total exports.

In Australia, non-wheat groats exports increased at an average annual rate of +8.1% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, growing by 10% against the previous year. Over the period under review, the export price showed a mild increase. The most prominent rate of growth was recorded in 2014 an increase of 74% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+1.7%).

Non-Wheat Groats Imports

Imports in Australia and Oceania

In 2021, overseas purchases of groats and meal of cereals (excluding wheat) increased by 8.9% to X tons, rising for the second year in a row after three years of decline. The total import volume increased at an average annual rate of +2.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of 35%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, non-wheat groats imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.0% 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 2016 with an increase of 35%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Australia (X tons), Fiji (X tons) and Papua New Guinea (X tons) represented roughly 90% of total imports in 2021. It was distantly followed by New Zealand (X tons), comprising a 7.1% share of total imports. New Caledonia (X tons) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Fiji (with a CAGR of +10.1%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Fiji ($X), Papua New Guinea ($X) and Australia ($X) constituted the countries with the highest levels of imports in 2021, with a combined 88% share of total imports.

In terms of the main importing countries, Fiji, with a CAGR of +9.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, rising by 15% against the previous year. In general, the import price saw a modest increase. The most prominent rate of growth was recorded in 2013 when the import price increased by 15% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Papua New Guinea (+5.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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