Frozen Strawberries Price in Australia - 2023
Contents:
- Frozen Strawberries Price in Australia (CIF) - 2023
- Frozen Strawberries Price in Australia (FOB) - 2022
- Frozen Strawberries Imports in Australia
- Frozen Strawberries Exports in Australia
Frozen Strawberries Price in Australia (CIF) - 2023
The average frozen strawberries import price stood at $2,229 per ton in July 2023, picking up by 1.8% against the previous month. Over the period under review, the import price, however, recorded a mild reduction. The growth pace was the most rapid in August 2022 when the average import price increased by 28% m-o-m. As a result, import price attained the peak level of $3,204 per ton. From September 2022 to July 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($5,449 per ton), while the price for China ($1,473 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Morocco (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Strawberries Price in Australia (FOB) - 2022
The average frozen strawberries export price stood at $3,331 per ton in 2022, dropping by -18.7% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 40% against the previous year. The export price peaked at $4,595 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brunei Darussalam ($6,924 per ton), while the average price for exports to China ($2,271 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 Indonesia (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Strawberries Imports in Australia
In 2022, the amount of frozen strawberrieses imported into Australia shrank to 5.4K tons, reducing by -7.7% compared with the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 18%. As a result, imports reached the peak of 5.9K tons, and then fell in the following year.
In value terms, frozen strawberries imports rose rapidly to $14M in 2022. The total import value increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Frozen Strawberries in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 4.3 | 5.3 | 6.7 | 6.5 | 14.8% |
| China | 5.0 | 2.7 | 4.9 | 3.4 | -12.1% |
| Morocco | 0.9 | 1.8 | 0.8 | 1.4 | 15.9% |
| Belgium | N/A | N/A | N/A | 1.2 | 0% |
| Egypt | 0.2 | 0.1 | 0.4 | 0.9 | 65.1% |
| United States | 0.2 | 0.3 | 0.3 | 0.4 | 26.0% |
| Others | 0.9 | 0.9 | 0.6 | 0.6 | -12.6% |
| Total | 11.4 | 11.1 | 13.7 | 14.4 | 8.1% |
Top Suppliers of Frozen Strawberries to Australia in 2022:
- China (1825.1 tons)
- Chile (1772.6 tons)
- Morocco (732.2 tons)
- Egypt (488.9 tons)
- Belgium (308.1 tons)
- United States (86.2 tons)
Frozen Strawberries Exports in Australia
For the third year in a row, Australia recorded decline in shipments abroad of frozen strawberrieses, which decreased by -52.8% to 25 tons in 2022. In general, exports saw a dramatic curtailment.
In value terms, frozen strawberries exports reduced markedly to $84K in 2022. Over the period under review, exports showed a precipitous setback. The smallest decline of -41.5% was in 2020.
| Export of Frozen Strawberries in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 43.7 | N/A | N/A | 38.6 | -4.1% |
| New Zealand | 237 | 243 | 159 | 20.2 | -56.0% |
| Philippines | 11.9 | 15.9 | 18.5 | 16.8 | 12.2% |
| Brunei Darussalam | N/A | N/A | N/A | 3.5 | 0% |
| Malaysia | 157 | 123 | N/A | N/A | -21.7% |
| Indonesia | 12.3 | 119 | 35.7 | N/A | 70.4% |
| Singapore | 402 | N/A | N/A | N/A | 0% |
| Others | 10.0 | 9.9 | 6.6 | 5.2 | -19.6% |
| Total | 874 | 511 | 220 | 84.2 | -54.2% |
Top Export Markets for Frozen Strawberries from Australia in 2022:
- China (17.0 tons)
- New Zealand (4.4 tons)
- Philippines (2.5 tons)
- Brunei Darussalam (0.5 tons)
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