Australia: Market for Roots and Tubers, nes 2022

Market Size for Roots and Tubers, nes in Australia

The Australian roots and tubers, nes market stood at $X in 2020, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, posted buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Roots and tubers, nes consumption peaked in 2020 and is expected to retain growth in years to come.

Exports of Roots and Tubers, nes

Exports from Australia

Roots and tubers, nes exports from Australia surged to X tons in 2020, rising by X% compared with 2019 figures. In general, exports recorded a measured expansion. The growth pace was the most rapid in 2018 when exports increased by X% year-to-year. Exports peaked in 2020 and are expected to retain growth in the near future.

In value terms, roots and tubers, nes exports reached $X in 2020. Over the period under review, exports recorded a buoyant expansion. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure in 2020 and are likely to continue growth in the immediate term.

Exports by Country

Malaysia (X kg), Singapore (X kg) and New Caledonia (X kg) were the main destinations of roots and tubers, nes exports from Australia, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in New Caledonia, while shipments for the other leaders experienced a decline.

In value terms, Singapore ($X), New Caledonia ($X) and Malaysia ($X) constituted the largest markets for roots and tubers, nes exported from Australia worldwide, together comprising X% of total exports.

New Caledonia recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average roots and tubers, nes export price stood at $X per ton in 2020, with a decrease of -X% against the previous year. Over the period under review, the export price, however, continues to indicate a remarkable increase. The growth pace was the most rapid in 2014 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per ton. from 2015 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was New Caledonia ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Roots and Tubers, nes

Imports into Australia

In 2020, the amount of roots and tubers, nes imported into Australia contracted slightly to X tons, shrinking by -X% on 2019 figures. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by X% year-to-year. Imports peaked at X tons in 2017; however, from 2018 to 2020, imports remained at a lower figure.

In value terms, roots and tubers, nes imports rose notably to $X in 2020. In general, imports, however, posted prominent growth. The growth pace was the most rapid in 2019 with an increase of X% year-to-year. Imports peaked in 2020 and are expected to retain growth in the near future.

Imports by Country

In 2020, Fiji (X tons) constituted the largest roots and tubers, nes supplier to Australia, with a X% share of total imports. Moreover, roots and tubers, nes imports from Fiji exceeded the figures recorded by the second-largest supplier, Tonga (X tons), threefold. The third position in this ranking was occupied by Vietnam (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Fiji stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Tonga (+X% per year) and Vietnam (+X% per year).

In value terms, Fiji ($X) constituted the largest supplier of roots and tubers, nes to Australia, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Fiji amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Vietnam (+X% per year).

Import Prices by Country

In 2020, the average roots and tubers, nes import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price continues to indicate prominent growth. The growth pace was the most rapid in 2018 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the maximum in 2020 and is likely to see gradual growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Fiji ($X per ton), while the price for Tonga ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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