Australia and Oceania: Maltodextrine Market 2024

Maltodextrine Market Size in Australia and Oceania

After three years of growth, the maltodextrine market in Australia and Oceania decreased by -21.1% to $X in 2021. In general, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2020, and then shrank rapidly in the following year.

Maltodextrine Production in Australia and Oceania

In value terms, maltodextrine production contracted slightly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 8.6% against the previous year. The level of production peaked at $X in 2020, and then fell slightly in the following year.

Maltodextrine Exports

Exports in Australia and Oceania

In 2021, overseas shipments of maltodextrine and maltodextine syrup increased by 47% to X tons, rising for the third year in a row after two years of decline. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 281%. The volume of export peaked in 2021 and is likely to see steady growth in the near future.

In value terms, maltodextrine exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2014 with an increase of 112% against the previous year. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Australia prevails in exports structure, amounting to X tons, which was approx. 95% of total exports in 2021. It was distantly followed by New Zealand (X tons), making up a 4.6% share of total exports.

Australia was also the fastest-growing in terms of the maltodextrine and maltodextine syrup exports, with a CAGR of +35.4% from 2012 to 2021. At the same time, New Zealand (+8.9%) displayed positive paces of growth. While the share of Australia (+21 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of New Zealand (-20.8 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest maltodextrine supplier in Australia and Oceania, comprising 80% of total exports. The second position in the ranking was held by New Zealand ($X), with a 20% share of total exports.

In Australia, maltodextrine exports expanded at an average annual rate of +24.3% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, falling by -21.7% against the previous year. In general, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of 26%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+0.5%).

Maltodextrine Imports

Imports in Australia and Oceania

In 2021, the amount of maltodextrine and maltodextine syrup imported in Australia and Oceania reduced modestly to X tons, waning by -4.6% compared with 2020 figures. Total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -7.5% against 2018 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 24%. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, maltodextrine imports contracted to $X in 2021. In general, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 37%. Over the period under review, imports reached the maximum at $X in 2020, and then contracted in the following year.

Imports by Country

Australia represented the largest importer of maltodextrine and maltodextine syrup in Australia and Oceania, with the volume of imports amounting to X tons, which was near 71% of total imports in 2021. It was distantly followed by New Zealand (X tons), achieving a 27% share of total imports. Fiji (X tons) took a little share of total imports.

Imports into Australia increased at an average annual rate of +6.4% from 2012 to 2021. At the same time, Fiji (+15.4%) and New Zealand (+10.7%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +15.4% from 2012-2021. From 2012 to 2021, the share of New Zealand increased by +6.9 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X), New Zealand ($X) and Fiji ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 99% of total imports.

Among the main importing countries, New Zealand, with a CAGR of +17.2%, recorded the highest growth rate of 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, which is down by -6.9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.4%. The pace of growth was the most pronounced in 2018 an increase of 16% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2020, and then contracted in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+5.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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