Australia: Potato Market 2025

Potato Market Size in Australia

In 2021, the Australian potato market increased by 1.7% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 7.8% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Potato Production in Australia

In value terms, potato production reached $X in 2021 estimated in export price. Overall, production, however, saw a noticeable curtailment. The pace of growth appeared the most rapid in 2017 when the production volume increased by 10%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

In 2021, the average potato yield in Australia contracted modestly to X tons per ha, with a decrease of -2.7% on the previous year's figure. Over the period under review, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 5.3% against the previous year. Over the period under review, the average potato yield attained the peak level at X tons per ha in 2016; however, from 2017 to 2021, the yield stood 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 2021, the potato harvested area in Australia rose remarkably to X ha, with an increase of 9.9% against 2020. Over the period under review, the harvested area, however, continues to indicate a mild downturn. The potato harvested area peaked at X ha in 2012; however, from 2013 to 2021, the harvested area remained at a lower figure.

Potato Exports

Exports from Australia

In 2021, the amount of potatoes exported from Australia rose rapidly to X tons, increasing by 9.1% on the previous year's figure. Over the period under review, total exports indicated modest growth from 2012 to 2021: its volume increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -4.4% against 2019 indices. The pace of growth appeared the most rapid in 2016 when exports increased by 81%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, potato exports expanded markedly to $X in 2021. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by 63%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

South Korea (X tons), the Philippines (X tons) and Indonesia (X tons) were the main destinations of potato exports from Australia, with a combined 61% share of total exports.

From 2012 to 2021, the biggest increases were in the Philippines (with a CAGR of +277.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for potato exported from Australia were South Korea ($X), the Philippines ($X) and Singapore ($X), together comprising 45% of total exports.

In terms of the main countries of destination, the Philippines, with a CAGR of +231.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average potato export price stood at $X per ton in 2021, picking up by 4.2% against the previous year. Over the period under review, the export price, however, saw a mild curtailment. The pace of growth was the most pronounced in 2020 when the average export price increased by 13% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Potato Imports

Imports into Australia

Potato imports into Australia soared to X tons in 2021, with an increase of 272% compared with 2020. Overall, imports enjoyed a remarkable increase. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, potato imports soared to $X in 2021. In general, imports posted a buoyant increase. The pace of growth was the most pronounced in 2019 with an increase of 257%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) was the main supplier of potato to Australia, accounting for a 90% share of total imports. Moreover, potato imports from the United States exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold. The third position in this ranking was held by New Zealand (X tons), with a 2.7% share.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at +22.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+3.5% per year) and New Zealand (-19.6% per year).

In value terms, the United States ($X) constituted the largest supplier of potato to Australia, comprising 72% of total imports. The second position in the ranking was taken by the UK ($X), with a 20% share of total imports. It was followed by India, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value from the United States stood at +32.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+34.5% per year) and India (+10.6% per year).

Import Prices by Country

In 2021, the average potato import price amounted to $X per ton, falling by -9.4% against the previous year. In general, the import price, however, continues to indicate a mild expansion. The pace of growth appeared the most rapid in 2013 an increase of 70%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+65.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :