Australia and Oceania: Market for Starch other than Wheat, Corn or Potato 2022

Market Size for Starch other than Wheat, Corn or Potato in Australia and Oceania

In 2021, the market for starch other than wheat, corn or potato in Australia and Oceania increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Production of Starch other than Wheat, Corn or Potato in Australia and Oceania

In value terms, production of starch other than wheat, corn or potato contracted dramatically to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate prominent growth. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, production reached the peak level of $X. From 2016 to 2021, production of growth failed to regain momentum.

Production By Country in Australia and Oceania

The country with the largest volume of production of starch other than wheat, corn or potato was Papua New Guinea (X tons), comprising approx. X% of total volume. Moreover, production of starch other than wheat, corn or potato in Papua New Guinea exceeded the figures recorded by the second-largest producer, Australia (X tons), threefold.

In Papua New Guinea, production of starch other than wheat, corn or potato remained relatively stable over the period from 2012-2021.

Exports of Starch other than Wheat, Corn or Potato

Exports in Australia and Oceania

In 2021, after three years of decline, there was significant growth in overseas shipments of starch other than wheat, corn or potato, when their volume increased by X% to X tons. Overall, exports posted a measured expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of starch other than wheat, corn or potato skyrocketed to $X in 2021. Total exports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

New Zealand represented the largest exporting country with an export of about X tons, which finished at X% of total exports. It was distantly followed by Fiji (X tons) and Australia (X tons), together generating a X% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to starch other than wheat, corn or potato exports from New Zealand stood at +X%. At the same time, Fiji (+X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +X% from 2012-2021. By contrast, Australia (-X%) illustrated a downward trend over the same period. While the share of New Zealand (+X p.p.) and Fiji (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Australia (-X p.p.) displayed negative dynamics.

In value terms, New Zealand ($X) emerged as the largest starch other than wheat, corn or potato supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by Australia ($X), with a X% share of total exports.

In New Zealand, exports of starch other than wheat, corn or potato increased at an average annual rate of +X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Australia (-X% per year) and Fiji (+X% per year).

Export Prices by Country

In 2021, the rn or potato in Australia and Oceania amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price, however, showed a mild slump. The growth pace was the most rapid in 2014 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the the export prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Australia ($X per ton), while New Zealand ($X per ton) was amongst the lowest.

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

Imports of Starch other than Wheat, Corn or Potato

Imports in Australia and Oceania

In 2021, imports of starch other than wheat, corn or potato in Australia and Oceania skyrocketed to X tons, growing by X% against the year before. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of starch other than wheat, corn or potato soared to $X in 2021. Total imports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2019 indices. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Australia was the main importing country with an import of about X tons, which accounted for X% of total imports. It was distantly followed by New Zealand (X tons), achieving a X% share of total imports. The following importers - Fiji (X tons) and Papua New Guinea (X tons) - each resulted at a X% share of total imports.

Imports into Australia increased at an average annual rate of +X% from 2012 to 2021. At the same time, Papua New Guinea (+X%) and Fiji (+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 2012-2021. By contrast, New Zealand (-X%) illustrated a downward trend over the same period. Australia (+X p.p.) and Papua New Guinea (+X p.p.) significantly strengthened its position in terms of the total imports, while New Zealand saw its share reduced by -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported starch other than wheat, corn or potato in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by Fiji, with a X% share.

From 2012 to 2021, the average annual growth rate of value in Australia stood at +X%. In the other countries, the average annual rates were as follows: New Zealand (-X% per year) and Fiji (+X% per year).

Import Prices by Country

The rn or potato in Australia and Oceania stood at $X per ton in 2021, rising by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by the country of destination: 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 2021, the most notable rate of growth in terms of prices was attained by Australia (+X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :