Australia: Market for Frozen Vegetables other than Potato and Corn 2025

Market Size for Frozen Vegetables other than Potato and Corn in Australia

For the third consecutive year, the Australian market for frozen vegetables other than potato and corn recorded growth in sales value, which increased by 13% to $X in 2022. The market value increased at an average annual rate of +2.8% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Frozen Vegetables other than Potato and Corn

Exports from Australia

After two years of growth, overseas shipments of frozen vegetables other than potato and corn decreased by -31.1% to X tons in 2022. Overall, exports, however, showed buoyant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 76%. Over the period under review, the exports of hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of frozen vegetables other than potato and corn contracted to $X in 2022. Over the period under review, exports, however, recorded a prominent expansion. The growth pace was the most rapid in 2017 when exports increased by 101%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons), New Zealand (X tons) and Papua New Guinea (X tons) were the main destinations of exports of frozen vegetables other than potato and corn from Australia, together accounting for 79% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +48.4%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for frozen vegetables other than potato and corn exports from Australia, comprising 74% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 10% share of total exports. It was followed by the Philippines, with a 3.7% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +87.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+10.8% per year) and the Philippines (+31.1% per year).

Export Prices by Country

The average export price for frozen vegetables other than potato and corn stood at $X per ton in 2022, with an increase of 26% against the previous year. Over the period under review, the export price enjoyed a buoyant expansion. The growth pace was the most rapid in 2017 an increase of 60% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Mauritius ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+49.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Vegetables other than Potato and Corn

Imports into Australia

In 2022, purchases abroad of frozen vegetables other than potato and corn increased by 7.4% to X tons, rising for the third year in a row after four years of decline. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, imports of frozen vegetables other than potato and corn expanded notably to $X in 2022. Overall, total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.7% against 2015 indices. The growth pace was the most rapid in 2017 when imports increased by 21%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

New Zealand (X tons), China (X tons) and Belgium (X tons) were the main suppliers of imports of frozen vegetables other than potato and corn to Australia, with a combined 78% share of total imports. France, Spain, the Netherlands, India and the United States lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +48.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen vegetables other than potato and corn suppliers to Australia were China ($X), New Zealand ($X) and Belgium ($X), together comprising 70% of total imports. France, Spain, the Netherlands, India and the United States lagged somewhat behind, together accounting for a further 17%.

In terms of the main suppliers, Spain, with a CAGR of +44.3%, saw 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

In 2022, the average import price for frozen vegetables other than potato and corn amounted to $X per ton, growing by 4.6% against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for frozen vegetables other than potato and corn increased by +16.5% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 30% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for New Zealand ($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 Netherlands (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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