Australia and Oceania: Vegetable Market 2020

Vegetable Market Size in Australia and Oceania

The revenue of the vegetable market in Australia and Oceania amounted to $X in 2017, jumping by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. The level of vegetable consumption peaked in 2017, and is likely to continue its growth in the immediate term.

Vegetable Production in Australia and Oceania

The vegetable production totaled X tons in 2017, approximately reflecting the previous year. The vegetable production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, with an increase of X% year-to-year. In that year, the vegetable production attained their peak volume of X tons. From 2013 to 2017, growth of the vegetable production failed to regain its momentum. The general positive trend in terms of vegetable output was largely conditioned by a relatively flat trend pattern of the harvested area and a relatively flat trend pattern in yield figures.

Australia (X tons) remains the largest vegetable producing country in Australia and Oceania, comprising approx. X% of total production. Moreover, vegetable production in Australia exceeded the figures recorded by the world's second largest producer, New Zealand (X tons), threefold. The third position in this ranking was occupied by Papua New Guinea (X tons), with a X% share.

In Australia, vegetable production remained relatively stable over the period from 2007-2017. In the other countries, the average annual rates were as follows: New Zealand (-X% per year) and Papua New Guinea (+X% per year).

In 2017, average yield of vegetables in Australia and Oceania amounted to X ton per ha, declining by -X% against the previous year. The vegetable yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. In that year, the vegetable yield attained their peak level of X ton per ha. From 2009 to 2017, growth of the vegetable yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, the total area harvested in terms of vegetables production in Australia and Oceania amounted to X ha, rising by X% against the previous year. The vegetable harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, when harvested area increased by X% y-o-y. The figure of vegetable harvested area peaked of X ha in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Vegetable Exports in Australia and Oceania

The exports amounted to X tons in 2017, reducing by -X% against the previous year. The vegetable exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when exports increased by X% against the previous year. In that year, the vegetable exports attained their peak volume of X tons, and then declined slightly in the following year.

In value terms, vegetable exports stood at $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the vegetable exports reached its peak figure level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Vegetable Exports by Country in Australia and Oceania

The exports of the two major exporters of vegetables, namely New Zealand and Australia, represented more than two-thirds of total export.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Australia (+X% per year).

In value terms, Australia ($X) and New Zealand ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

In terms of the main exporting countries , Australia (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade.

Vegetable Export Prices by Country in Australia and Oceania

In 2017, the vegetable export price in Australia and Oceania amounted to $X per ton, rising by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011, an increase of X% year-to-year. In that year, the export prices for vegetables reached their peak level of $X per ton. From 2012 to 2017, growth of the export prices for vegetables stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Australia ($X per ton), while New Zealand ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Australia (+X% per year).

Vegetable Imports in Australia and Oceania

In 2017, imports of vegetables in Australia and Oceania totaled X tons, jumping by X% against the previous year. The vegetable imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when imports increased by X% against the previous year. Over the period under review, the vegetable imports attained its peak figure volume of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, vegetable imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the vegetable imports attained its peak figure level in 2017, and are likely to continue its growth in the near future.

Vegetable Imports by Country in Australia and Oceania

The countries with the highest levels of vegetable imports in 2017 were Fiji (X tons), Australia (X tons) and New Zealand (X tons), together finishing at X% of total import. Papua New Guinea (X tons) took a X% share (based on tons) of total imports, which put it in second place, followed by French Polynesia (X%) and New Caledonia (X%). Vanuatu (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vanuatu (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constitutes the largest market for imported vegetables in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global imports. It was followed by Fiji, with a X% share.

In Australia, vegetable imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: New Zealand (+X% per year) and Fiji (+X% per year).

Vegetable Import Prices by Country in Australia and Oceania

The vegetable import price in Australia and Oceania stood at $X per ton in 2017, coming up by X% against the previous year. The import price indicated a remarkable growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vegetable import price increased by +X% against 2007 indices. The pace of growth was the most pronounced in 2010, an increase of X% against the previous year. The level of import price peaked in 2017, and is expected to retain its growth in the near future.

Import prices varied noticeably by the country of destination; the country with the highest import price was Australia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Australia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform