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Australia - Peaches And Nectarines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPeach and Nectarine Price in Australia - 2023
Contents:
- Peach and Nectarine Price in Australia (FOB) - 2022
- Peach and Nectarine Price in Australia (CIF) - 2023
- Peach and Nectarine Exports in Australia
- Peach and Nectarine Imports in Australia
Peach and Nectarine Price in Australia (FOB) - 2022
In 2022, the average peach and nectarine export price amounted to $3,223 per ton, reducing by -6.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 14% against the previous year. As a result, the export price reached the peak level of $3,448 per ton, and then reduced in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($4,962 per ton), while the average price for exports to Saudi Arabia ($2,045 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 Qatar (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Peach and Nectarine Price in Australia (CIF) - 2023
In September 2023, the average peach and nectarine import price amounted to $7,712 per ton, standing approximately at the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The import price peaked at $8,689 per ton in June 2023; however, from July 2023 to September 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From September 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to +0.6% per month.
Peach and Nectarine Exports in Australia
In 2022, approx. 11K tons of peaches and nectarines were exported from Australia; shrinking by -23.2% against 2021 figures. In general, exports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 1.7% against the previous year.
In value terms, peach and nectarine exports plummeted to $35M in 2022. Over the period under review, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 16% against the previous year. As a result, the exports reached the peak of $48M, and then declined markedly in the following year.
Export of Peach and Nectarine in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 23.5 | 21.9 | 28.0 | 21.3 | -3.2% |
Singapore | 4.0 | 3.5 | 3.8 | 2.8 | -11.2% |
Malaysia | 2.0 | 2.1 | 2.3 | 2.2 | 3.2% |
Canada | 1.7 | 2.4 | 2.0 | 1.5 | -4.1% |
Hong Kong SAR | 2.6 | 2.2 | 2.7 | 1.4 | -18.6% |
United Arab Emirates | 4.0 | 3.3 | 3.0 | 1.2 | -33.1% |
Qatar | 0.6 | 1.1 | 1.0 | 0.9 | 14.5% |
Taiwan (Chinese) | 0.1 | 0.4 | 1.4 | 0.5 | 71.0% |
Kuwait | 1.4 | 1.4 | 1.1 | 0.4 | -34.1% |
Saudi Arabia | 3.2 | 2.1 | 1.2 | 0.1 | -68.5% |
Others | 2.0 | 1.3 | 1.5 | 2.1 | 1.6% |
Total | 45.2 | 41.6 | 48.1 | 34.5 | -8.6% |
Top Export Markets for Peach and Nectarine from Australia in 2022:
- China (7016.3 tons)
- Singapore (867.3 tons)
- Malaysia (530.0 tons)
- United Arab Emirates (430.1 tons)
- Hong Kong SAR (419.6 tons)
- Canada (310.0 tons)
- Qatar (214.4 tons)
- Taiwan (Chinese) (188.8 tons)
- Kuwait (120.8 tons)
- Saudi Arabia (73.2 tons)
Peach and Nectarine Imports in Australia
Peach and nectarine imports into Australia reduced remarkably to 970 tons in 2022, shrinking by -43% against the previous year. Overall, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 15%.
In value terms, peach and nectarine imports declined dramatically to $7.2M in 2022. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, imports attained the peak of $12M, and then declined significantly in the following year.
Import of Peach and Nectarine in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 9.7 | 9.0 | 11.6 | 7.2 | -9.5% |
China | 0.1 | N/A | 0.1 | N/A | 0.0% |
Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
Total | 9.9 | 9.1 | 11.7 | 7.2 | -10.1% |
Top Suppliers of Peach and Nectarine to Australia in 2022:
- United States (970.5 tons)
This report provides an in-depth analysis of the peach and nectarine 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 534 - Peaches and nectarines
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.
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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
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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
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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
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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
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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
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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
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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
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