Australia: Carob Market 2025

Carob Market Size in Australia

The Australian carob market surged to $X in 2022, increasing by 121% against the previous year. Overall, consumption continues to indicate buoyant growth. Carob consumption peaked in 2022 and is expected to retain growth in years to come.

Carob Production in Australia

In value terms, carob production totaled less than $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume decreased by 99.9% against the previous year. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

In 2022, the average carob yield in Australia was estimated at less than X kg per ha, almost unchanged from 2021. Over the period under review, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The carob harvested area in Australia stood at less than X ha in 2022, stabilizing at the previous year's figure. In general, the harvested area recorded a relatively flat trend pattern.

Carob Exports

Exports from Australia

In 2022, approx. X tons of carob were exported from Australia; increasing by 90% on 2021. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 862%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, carob exports soared to $X in 2022. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by 573% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

Exports by Country

The United States (X tons) and Spain (X tons) were the main destinations of carob exports from Australia.

From 2013 to 2022, the biggest increases were recorded for the United States (with a CAGR of +15.4%).

In value terms, Spain ($X) emerged as the key foreign market for carob exports from Australia, comprising 72% of total exports. The second position in the ranking was held by the United States ($X), with a 28% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of value to Spain amounted to +65.3%.

Export Prices by Country

The average carob export price stood at $X per ton in 2022, surging by 81% against the previous year. Overall, the export price showed notable growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to the United States totaled $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+62.4%), while the prices for the other major destinations experienced mixed trend patterns.

Carob Imports

Imports into Australia

In 2022, approx. X tons of carob were imported into Australia; with an increase of 45% against 2021 figures. Over the period under review, imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2013 with an increase of 135%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, carob imports dropped dramatically to $X in 2022. Overall, imports saw a strong expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 107% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest carob supplier to Australia, accounting for a 61% share of total imports. Moreover, carob imports from Spain exceeded the figures recorded by the second-largest supplier, Lebanon (X tons), twofold. Italy (X tons) ranked third in terms of total imports with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to +28.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Lebanon (+6.3% per year) and Italy (-3.2% per year).

In value terms, the largest carob suppliers to Australia were Spain ($X), Lebanon ($X) and Italy ($X), together accounting for 68% of total imports. Turkey, the United States, Peru and the Netherlands lagged somewhat behind, together accounting for a further 32%.

Among the main suppliers, the United States, with a CAGR of +47.4%, recorded the highest growth rate of 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 average carob import price stood at $X per ton in 2022, with a decrease of -48.8% against the previous year. Over the period under review, the import price showed a abrupt slump. The pace of growth was the most pronounced in 2021 when the average import price increased by 67%. As a result, import price attained the peak level of $X per ton, and then fell remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+38.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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