Australia and Oceania: Lentil Market 2025

Lentil Market Size in Australia and Oceania

The lentil market in Australia and Oceania shrank modestly to $X in 2022, falling by -1.8% against the previous year. Over the period under review, consumption, however, enjoyed mild growth. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Lentil Production in Australia and Oceania

In value terms, lentil production soared to $X in 2022 estimated in export price. Over the period under review, production continues to indicate prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 122% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Australia (X tons) remains the largest lentil producing country in Australia and Oceania, comprising approx. 100% of total volume.

From 2012 to 2022, the average annual rate of growth in terms of volume in Australia amounted to +10.6%.

The average lentil yield soared to X tons per ha in 2022, rising by 36% on the previous year. Overall, the yield, however, recorded a relatively flat trend pattern. Over the period under review, the lentil yield attained the maximum level at X tons per ha in 2013; however, from 2014 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of lentils were harvested in Australia and Oceania; waning by -8.8% on the previous year's figure. Overall, the harvested area, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2017 when the harvested area increased by 184%. As a result, the harvested area attained the peak level of X ha. From 2018 to 2022, the growth of the lentil harvested area failed to regain momentum.

Lentil Exports

Exports in Australia and Oceania

In 2022, the amount of lentils exported in Australia and Oceania skyrocketed to X tons, picking up by 24% compared with 2021 figures. Overall, exports saw strong growth. The growth pace was the most rapid in 2017 with an increase of 205%. The volume of export peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, lentil exports soared to $X in 2022. Over the period under review, exports saw a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by 130%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

The shipments of the one major exporters of lentils, namely Australia, represented more than two-thirds of total export.

Australia was also the fastest-growing in terms of the lentils exports, with a CAGR of +10.7% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest lentil supplier in Australia and Oceania.

In Australia, lentil exports increased at an average annual rate of +13.8% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, picking up by 20% against the previous year. Export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lentil export price increased by +77.6% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the export price increased by 29% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +2.8% per year.

Lentil Imports

Imports in Australia and Oceania

In 2022, the amount of lentils imported in Australia and Oceania skyrocketed to X tons, growing by 26% compared with the previous year. Total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -23.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 35%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, lentil imports surged to $X in 2022. Total imports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.7% against 2020 indices. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of lentil imports in 2022 were New Zealand (X tons), Australia (X tons) and French Polynesia (X tons), together reaching 95% of total import. New Caledonia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by New Zealand (with a CAGR of +9.8%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, New Zealand ($X), Australia ($X) and French Polynesia ($X) were the countries with the highest levels of imports in 2022, together comprising 94% of total imports.

New Zealand, with a CAGR of +11.1%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, increasing by 16% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in New Caledonia ($X per ton) and Australia ($X per ton), while French Polynesia ($X per ton) and New Zealand ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+4.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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