Australia and Oceania: Vegetable Market 2024

Vegetable Market Size in Australia and Oceania

The vegetable market in Australia and Oceania fell to $X in 2022, waning by X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Vegetable Production in Australia and Oceania

In value terms, vegetable production contracted slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

The country with the largest volume of vegetable production was Australia (X tons), comprising approx. X% of total volume. Moreover, vegetable production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume in Australia was relatively modest. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Papua New Guinea (X% per year).

The average vegetable yield was estimated at X tons per ha in 2022, remaining stable against 2021 figures. Over the period under review, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2014 to 2022, the growth of the vegetable yield remained 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 2022, the harvested area of vegetables in Australia and Oceania fell modestly to X ha, with a decrease of X% on the previous year's figure. In general, the harvested area recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the harvested area increased by X%. As a result, the harvested area reached the peak level of X ha, and then contracted in the following year.

Vegetable Exports

Exports in Australia and Oceania

In 2022, overseas shipments of vegetables decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, exports showed a mild contraction. The pace of growth was the most pronounced in 2019 when exports increased by X%. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, vegetable exports dropped notably to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

New Zealand (X tons) and Australia (X tons) represented roughly X% of total exports in 2022.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of X%).

In value terms, Australia ($X) and New Zealand ($X) constituted the countries with the highest levels of exports in 2022.

Australia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, increasing by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Vegetable Imports

Imports in Australia and Oceania

In 2022, after two years of decline, there was significant growth in supplies from abroad of vegetables, when their volume increased by X% to X tons. In general, imports, however, showed a relatively flat trend pattern. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, vegetable imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when imports increased by X%. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Fiji (X tons) and Australia (X tons) represented roughly X% of total imports in 2022. New Zealand (X tons) ranks next in terms of the total imports with a X% share, followed by Samoa (X%), French Polynesia (X%) and Papua New Guinea (X%). New Caledonia (X tons) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Samoa (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Fiji ($X) and New Zealand ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Fiji, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries 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 2022, remaining constant against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price attained the peak level of $X per ton, leveling off in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Samoa ($X per ton) was amongst the lowest.

From 2012 to 2022, 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.

Source: IndexBox Platform

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