Australia and Oceania: Peach And Nectarine Market 2025

Peach And Nectarine Market Size in Australia and Oceania

In 2021, the peach and nectarine market in Australia and Oceania increased by 0.4% to $X, rising for the sixth consecutive year after three years of decline. In general, consumption, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2017 with an increase of 6.8% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Peach And Nectarine Production in Australia and Oceania

In value terms, peach and nectarine production contracted slightly to $X in 2021 estimated in export price. Overall, production, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2016 with an increase of 8.5% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Australia (X tons) remains the largest peach and nectarine producing country in Australia and Oceania, accounting for 100% of total volume.

In Australia, peach and nectarine production declined by an average annual rate of -1.9% over the period from 2012-2021.

The average peach and nectarine yield declined slightly to X tons per ha in 2021, remaining constant against 2020 figures. Overall, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the yield increased by 1.9% against the previous year. The level of yield peaked at X tons per ha in 2013; however, from 2014 to 2021, 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 2021, approx. X ha of peaches and nectarines were harvested in Australia and Oceania; growing by 3.6% against 2020. Over the period under review, the harvested area, however, continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2015 with an increase of 11%. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2021, the harvested area stood at a somewhat lower figure.

Peach And Nectarine Exports

Exports in Australia and Oceania

In 2021, approx. X tons of peaches and nectarines were exported in Australia and Oceania; with an increase of 2.2% on 2020. In general, exports posted strong growth. The pace of growth was the most pronounced in 2018 when exports increased by 32%. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, peach and nectarine exports surged to $X in 2021. Overall, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2018 when exports increased by 45%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

Australia (X tons) represented roughly 99% of total exports in 2021.

Australia was also the fastest-growing in terms of the peaches and nectarines exports, with a CAGR of +8.1% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

From 2012 to 2021, the average annual growth rate of value in Australia stood at +11.2%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, increasing by 14% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for Australia amounted to +2.9% per year.

Peach And Nectarine Imports

Imports in Australia and Oceania

For the third consecutive year, Australia and Oceania recorded decline in supplies from abroad of peaches and nectarines, which decreased by -5.2% to X tons in 2021. In general, imports, however, saw a pronounced increase. The most prominent rate of growth was recorded in 2013 with an increase of 122%. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, peach and nectarine imports surged to $X in 2021. Overall, imports, however, showed strong growth. The pace of growth was the most pronounced in 2013 with an increase of 207% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Australia prevails in imports structure, reaching X tons, which was near 83% of total imports in 2021. It was distantly followed by New Zealand (X tons), committing a 7.8% share of total imports. New Caledonia (X tons), Tonga (X tons) and French Polynesia (X tons) followed a long way behind the leaders.

Australia was also the fastest-growing in terms of the peaches and nectarines imports, with a CAGR of +76.1% from 2012 to 2021. At the same time, Tonga (+47.2%) and French Polynesia (+3.1%) displayed positive paces of growth. By contrast, New Caledonia (-9.8%) and New Zealand (-20.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Australia and Tonga increased by +82 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported peaches and nectarines in Australia and Oceania, comprising 92% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 3.6% share of total imports. It was followed by New Caledonia, with a 2.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia amounted to +85.9%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (-17.6% per year) and New Caledonia (-7.3% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, with an increase of 25% against the previous year. In general, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 when the import price increased by 60%. The level of import peaked in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Australia ($X per ton), while Tonga ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+5.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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