Australia - Spinach - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSpinach Price in Australia - 2023
Contents:
- Spinach Price in Australia (FOB) - 2023
- Spinach Price in Australia (CIF) - 2022
- Spinach Exports in Australia
- Spinach Imports in Australia
Spinach Price in Australia (FOB) - 2023
The average spinach export price stood at $7,225 per ton in July 2023, approximately mirroring the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in August 2022 an increase of 37% m-o-m. Over the period under review, the average export prices attained the maximum at $8,962 per ton in October 2022; however, from November 2022 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($8,786 per ton), while the average price for exports to Malaysia ($5,447 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Spinach Price in Australia (CIF) - 2022
In 2022, the average spinach import price amounted to $1,222 per ton, remaining stable against the previous year. Overall, the import price saw a prominent expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 316% against the previous year. As a result, import price attained the peak level of $6,261 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +21.2% per year.
Spinach Exports in Australia
Spinach exports from Australia contracted notably to 240 tons in 2022, which is down by -29% on the previous year. In general, exports continue to indicate a mild decrease. The pace of growth was the most pronounced in 2021 when exports increased by 37%. As a result, the exports reached the peak of 339 tons, and then declined sharply in the following year.
In value terms, spinach exports dropped rapidly to $1.6M in 2022. Overall, exports showed a noticeable slump. The pace of growth appeared the most rapid in 2021 when exports increased by 29% against the previous year. As a result, the exports reached the peak of $2.3M, and then reduced rapidly in the following year.
| Export of Spinach in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 304 | 290 | 576 | 500 | 18.0% |
| Thailand | 306 | 300 | 275 | 376 | 7.1% |
| Singapore | 388 | 653 | 664 | 275 | -10.8% |
| Hong Kong SAR | 317 | 208 | 476 | 166 | -19.4% |
| Vietnam | N/A | 40.0 | 62.9 | 48.0 | 9.5% |
| Taiwan (Chinese) | 36.4 | 17.9 | 62.3 | 45.2 | 7.5% |
| United Arab Emirates | 77.7 | 52.4 | 44.7 | 23.2 | -33.2% |
| Indonesia | 89.2 | 58.6 | 35.5 | 11.8 | -49.0% |
| Others | 232 | 163 | 113 | 162 | -11.3% |
| Total | 1,751 | 1,783 | 2,309 | 1,608 | -2.8% |
Top Export Markets for Spinach from Australia in 2022:
- Malaysia (111.5 tons)
- Singapore (43.8 tons)
- Thailand (38.9 tons)
- Hong Kong SAR (21.8 tons)
- Taiwan (Chinese) (4.6 tons)
- United Arab Emirates (4.2 tons)
- Vietnam (4.1 tons)
- Indonesia (1.8 tons)
Spinach Imports in Australia
For the third year in a row, Australia recorded decline in purchases abroad of spinach, which decreased by 0% to 21 tons in 2022. In general, imports continue to indicate a mild setback. The smallest decline of -73.7% was in 2020.
In value terms, spinach imports totaled $25K in 2022. Overall, imports showed a deep contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 9.7% against the previous year. As a result, imports reached the peak of $36K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Spinach in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 29.6 | N/A | N/A | 25.4 | -5.0% |
| Spain | N/A | 33.9 | N/A | N/A | 0% |
| India | N/A | 1.6 | N/A | N/A | 0% |
| Others | 3.0 | 0.2 | N/A | N/A | -93.3% |
| Total | 32.6 | 35.7 | N/A | 25.4 | -8.0% |
Top Suppliers of Spinach to Australia in 2022:
- United States (20.8 tons)
This report provides an in-depth analysis of the spinach market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 373 - Spinach
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
1361
This report provides an in-depth analysis of the spinach market in Australia.
1722
This report provides an in-depth analysis of the pumpkin market in Australia.
596
This report provides an in-depth analysis of the artichoke market in Australia.
575
This report provides an in-depth analysis of the olive market in Australia.
1465
This report provides an in-depth analysis of the mushroom and truffle market in Australia.
566
This report provides an in-depth analysis of the maize market in Australia.
1169
This report provides an in-depth analysis of the eggplant market in Australia.
1289
This report provides an in-depth analysis of the asparagus market in Australia.
1144
This report provides an in-depth analysis of the chili and pepper market in Australia.
2908
This report provides an in-depth analysis of the global spinach market.
392
The price of Spinach in April 2023 amounted to $6,704 per ton (FOB, Australia), a decrease of -7.9% compared to the preceding month.
458
In May 2023, Mushroom And Truffle price was $2,381 per ton (CIF, Australia), showing a decrease of -8.6% compared to the previous month.
175
In January 2023, Maize experienced its most rapid growth pace, with a significant increase of 53% compared to the previous month. However, in terms of value, Maize exports saw a dramatic contraction, reaching only $625K in September 2023.
6317
Despite the pandemic, the global market for spinach continues to grow thanks to high demand from China. While the Chinese market is supplied domestically, the U.S., the UK and Mexico feature the most rapidly growing imports. Driven by the rising demand for food worldwide, the spinach market is projected to reach 42M tons by 2030. Spinach suppliers to Western countries are facing increasingly stringent requirements of providing produce safe from pesticides and other contaminants. The new potential was discovered to use this plant in the production process for energy-efficient batteries, which may elevate opportunities for investing in the market.
6498
Global spinach consumption amounted to X thousand tons in 2015, going up by +X% against the previous year level.
1718
Global spinach exports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
3131
Global spinach imports amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
2460
In 2015, the country with the largest volume of the spinach output was China (X thousand tons), accounting for X% of global production. The third position in this ranking was occupied by Japan with a share of X>
1691
The British company B.fresh, known for its healthy products and attention to customer service, has introduced a new juice, #greenglow, designed especially for those who are passionate about a healthy lifestyle and who enjoy green juices.
652
In 2020, global pumpkin imports reached $1.6B, the highest level over the past decade. The U.S. remains the largest importer of pumpkins, with a 37%-share of the total figure. Last year, Canada, the Netherlands and the UK saw the highest spikes in pumpkin purchases from abroad, while supplies to Japan have moderately reduced. In 2020, the average pumpkin import price rose by +20% compared to the previous year. Ukraine, Algeria and Italy constitute the countries with the highest per capita consumption. China, India and the U.S. feature as the largest consuming markets in 2020.
