Australia and Oceania: Market for Processed cheese (excluding grated or powdered) 2021

Market Size for Processed cheese (excluding grated or powdered) in Australia and Oceania

In 2020, the market for processed cheese (excluding grated or powdered) in Australia and Oceania increased by X% to $X, rising for the second year in a row after six years of decline. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2008 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2020, consumption stood at a somewhat lower figure.

Production of Processed cheese (excluding grated or powdered) in Australia and Oceania

In value terms, production of processed cheese (excluding grated or powdered) rose slightly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2020, production failed to regain the momentum.

Production By Country in Australia and Oceania

The countries with the highest volumes of production of processed cheese (excluding grated or powdered) in 2020 were Australia (X tons), New Zealand (X tons) and Papua New Guinea (X tons), together accounting for X% of total production.

From 2007 to 2020, the most notable rate of growth in terms of production of processed cheese (excluding grated or powdered), amongst the leading producing countries, was attained by New Zealand, while production of processed cheese (excluding grated or powdered) for the other leaders experienced mixed trends in the production figures.

Exports of Processed cheese (excluding grated or powdered)

Exports in Australia and Oceania

After two years of growth, overseas shipments of processed cheese (excluding grated or powdered) decreased by -X% to X tons in 2020. In general, exports recorded a mild decline. The pace of growth appeared the most rapid in 2015 when exports increased by X% y-o-y. The volume of export peaked at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, exports of processed cheese (excluding grated or powdered) reduced to $X in 2020. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. The level of export peaked at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

New Zealand represented the largest exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Australia (X tons), generating a X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by New Zealand.

In value terms, New Zealand ($X) and Australia ($X) constituted the countries with the highest levels of exports in 2020, with a combined X% share of total exports.

Among the main exporting countries, New Zealand recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2020, the export price for processed cheese (excluding grated or powdered) in Australia and Oceania amounted to $X per ton, flattening at the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 an increase of X% against the previous year. The level of export peaked at $X per ton in 2011; however, from 2012 to 2020, export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by New Zealand.

Imports of Processed cheese (excluding grated or powdered)

Imports in Australia and Oceania

In 2020, purchases abroad of processed cheese (excluding grated or powdered) decreased by -X% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, imports, however, posted mild growth. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. As a result, imports reached the peak of X tons. From 2018 to 2020, the growth of imports remained at a somewhat lower figure.

In value terms, imports of processed cheese (excluding grated or powdered) reduced sharply to $X in 2020. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. As a result, imports attained the peak of $X. From 2018 to 2020, the growth of imports failed to regain the momentum.

Imports by Country

Australia represented the largest importing country with an import of about X tons, which finished at X% of total imports. New Zealand (X tons) held the second position in the ranking, followed by French Polynesia (X tons). All these countries together took approx. X% share of total imports. Fiji (X tons) and New Caledonia (X tons) held a minor share of total imports.

From 2007 to 2020, average annual rates of growth with regard to processed cheese (excluding grated or powdered) imports into Australia stood at +X%. At the same time, Fiji (+X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +X% from 2007-2020. New Caledonia and New Zealand experienced a relatively flat trend pattern. By contrast, French Polynesia (-X%) illustrated a downward trend over the same period. Australia (+X p.p.) and Fiji (+X p.p.) significantly strengthened its position in terms of the total imports, while French Polynesia and New Zealand saw its share reduced by -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported processed cheese (excluding grated or powdered) in Australia and Oceania, comprising X% of total imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total imports. It was followed by French Polynesia, with a X% share.

In Australia, imports of processed cheese (excluding grated or powdered) remained relatively stable over the period from 2007-2020. 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

The import price for processed cheese (excluding grated or powdered) in Australia and Oceania stood at $X per ton in 2020, shrinking by -X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2012 to 2020, the growth in terms of the import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was New Caledonia ($X per ton), while Australia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Fiji, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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