Australia and Oceania: Maize Bran Market 2024

Maize Bran Market Size in Australia and Oceania

The maize bran market in Australia and Oceania expanded significantly to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Maize Bran Production in Australia and Oceania

In value terms, maize bran production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Maize Bran Exports

Exports in Australia and Oceania

In 2022, exports of maize bran in Australia and Oceania shrank markedly to X tons, dropping by X% on 2021. Over the period under review, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, maize bran exports expanded sharply to $X in 2022. In general, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

New Zealand represented the key exporter of maize bran in Australia and Oceania, with the volume of exports recording X tons, which was near X% of total exports in 2022. It was distantly followed by Australia (X tons), mixing up a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of X%).

In value terms, Australia ($X) and New Zealand ($X) were the countries with the highest levels of exports in 2022.

Australia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, increasing by X% against the previous year. Export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Maize Bran Imports

Imports in Australia and Oceania

In 2022, after two years of decline, there was significant growth in overseas purchases of maize bran, when their volume increased by X% to X tons. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, maize bran imports skyrocketed to $X in 2022. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Australia dominates imports structure, resulting at X tons, which was approx. X% of total imports in 2022. Papua New Guinea (X tons), New Zealand (X tons) and French Polynesia (X tons) held a little share of total imports.

Imports into Australia increased at an average annual rate of X% from 2012 to 2022. At the same time, Papua New Guinea (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, French Polynesia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia and Papua New Guinea increased by X and X percentage points, respectively.

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

In Australia, maize bran imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and French Polynesia (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, jumping by X% against the previous year. In general, the import price posted a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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