Australia and Oceania: Sausage Market 2024

Sausage Market Size in Australia and Oceania

In 2021, the sausage market in Australia and Oceania increased by 1% to $X for the first time since 2016, thus ending a four-year declining trend. In general, consumption, however, continues to indicate a perceptible decrease. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Sausage Production in Australia and Oceania

In value terms, sausage production amounted to $X in 2021 estimated in export price. In general, production, however, continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2015 when the production volume increased by 28% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Sausage Exports

Exports in Australia and Oceania

In 2021, overseas shipments of sausages and similar products of meat increased by 37% to X tons, rising for the third year in a row after three years of decline. Over the period under review, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, sausage exports surged to $X in 2021. In general, exports, however, recorded a noticeable reduction. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Australia (X tons) represented the largest exporter of sausages and similar products of meat, making up 72% of total exports. It was distantly followed by New Zealand (X tons), achieving a 27% share of total exports.

Australia was also the fastest-growing in terms of the sausages and similar products of meat exports, with a CAGR of +1.6% from 2012 to 2021. New Zealand (-4.3%) illustrated a downward trend over the same period. Australia (+12 p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by -11.9% from 2012 to 2021, respectively.

In value terms, Australia ($X) remains the largest sausage supplier in Australia and Oceania, comprising 78% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 22% share of total exports.

In Australia, sausage exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, with a decrease of -6.6% against the previous year. In general, the export price continues to indicate a mild decrease. The growth pace was the most rapid in 2014 when the export price increased by 20%. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by Australia (-1.3%).

Sausage Imports

Imports in Australia and Oceania

Sausage imports soared to X tons in 2021, rising by 18% against the previous year. Total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 25% against the previous year. The volume of import peaked in 2021 and is likely to see steady growth in the immediate term.

In value terms, sausage imports skyrocketed to $X in 2021. Total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +18.4% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 17% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

The purchases of the three major importers of sausages and similar products of meat, namely Australia, Samoa and New Caledonia, represented more than third of total import. French Polynesia (X tons) took an 8.2% share (based on physical terms) of total imports, which put it in second place, followed by Tonga (8.1%), Solomon Islands (7.6%) and New Zealand (5.5%). Vanuatu (X tons), Papua New Guinea (X tons), American Samoa (X tons), Marshall Islands (X tons), Kiribati (X tons) and Micronesia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for American Samoa (with a CAGR of +54.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), New Zealand ($X) and French Polynesia ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 52% of total imports. New Caledonia, Samoa, Solomon Islands, Tonga, Papua New Guinea, Vanuatu, Marshall Islands, Kiribati, Micronesia and American Samoa lagged somewhat behind, together accounting for a further 43%.

In terms of the main importing countries, American Samoa, with a CAGR of +46.9%, recorded the highest rates of growth with regard to 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, approximately reflecting the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 13% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Marshall Islands (+4.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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