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Australia - Vegetables In Vinegar - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVinegar-Preserved Vegetable Price in Australia - 2023
Contents:
- Vinegar-Preserved Vegetable Price in Australia (CIF) - 2023
- Vinegar-Preserved Vegetable Price in Australia (FOB) - 2023
- Vinegar-Preserved Vegetable Imports in Australia
- Vinegar-Preserved Vegetable Exports in Australia
Vinegar-Preserved Vegetable Price in Australia (CIF) - 2023
The average vinegar-preserved vegetable import price stood at $1,664 per ton in August 2023, which is down by -9.2% against the previous month. Overall, the import price showed a mild downturn. The most prominent rate of growth was recorded in November 2022 an increase of 20% against the previous month. As a result, import price reached the peak level of $2,047 per ton. From December 2022 to August 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($2,277 per ton), while the price for Lebanon ($1,013 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Lebanon (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Vinegar-Preserved Vegetable Price in Australia (FOB) - 2023
The average vinegar-preserved vegetable export price stood at $2,857 per ton in August 2023, picking up by 68% against the previous month. In general, export price indicated a modest expansion from August 2022 to August 2023: its price increased at an average monthly rate of +1.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, vinegar-preserved vegetable export price increased by +67.7% against July 2023 indices. Over the period under review, the average export prices attained the peak figure at $3,832 per ton in December 2022; however, from January 2023 to August 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($3,622 per ton), while the average price for exports to Fiji ($1,839 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+37.5%), while the prices for the other major destinations experienced more modest paces of growth.
Vinegar-Preserved Vegetable Imports in Australia
For the fourth consecutive year, Australia recorded growth in supplies from abroad of vegetables in vinegar other than potatoes, which increased by 7.5% to 31K tons in 2022. The total import volume increased at an average annual rate of +8.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, vinegar-preserved vegetable imports soared to $57M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Vinegar-Preserved Vegetable in Australia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 10.9 | 12.8 | 14.7 | 18.6 | 19.5% |
Turkey | 6.0 | 4.8 | 7.0 | 8.2 | 11.0% |
China | 3.7 | 3.5 | 4.0 | 5.1 | 11.3% |
United States | 2.1 | 1.6 | 1.6 | 3.0 | 12.6% |
Italy | 1.5 | 1.9 | 1.8 | 2.2 | 13.6% |
Spain | 0.9 | 1.1 | 1.3 | 2.0 | 30.5% |
Mexico | 1.7 | 1.3 | 1.6 | 1.9 | 3.8% |
Poland | 1.0 | 1.6 | 2.0 | 1.9 | 23.9% |
Morocco | 1.6 | 1.1 | 1.2 | 1.5 | -2.1% |
Thailand | 0.9 | 1.0 | 1.2 | 1.4 | 15.9% |
Lebanon | 1.0 | 1.0 | 1.1 | 1.2 | 6.3% |
North Macedonia | 0.5 | 0.8 | 0.8 | 1.2 | 33.9% |
Sri Lanka | 0.6 | 0.7 | 0.7 | 0.9 | 14.5% |
Others | 5.9 | 7.5 | 8.3 | 8.0 | 10.7% |
Total | 38.4 | 40.5 | 47.2 | 56.8 | 13.9% |
Top Suppliers of Vinegar-Preserved Vegetable to Australia in 2022:
- India (11.8K tons)
- Turkey (5.8K tons)
- China (2.3K tons)
- United States (1.2K tons)
- Lebanon (1.1K tons)
- Poland (1.1K tons)
- Mexico (1.0K tons)
- Sri Lanka (0.7K tons)
- Morocco (0.6K tons)
- Thailand (0.6K tons)
- Italy (0.5K tons)
- North Macedonia (0.5K tons)
- Spain (0.5K tons)
Vinegar-Preserved Vegetable Exports in Australia
Vinegar-preserved vegetable exports from Australia fell sharply to 638 tons in 2022, waning by -27.6% against 2021. Overall, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 67%. As a result, the exports reached the peak of 882 tons, and then declined remarkably in the following year.
In value terms, vinegar-preserved vegetable exports reduced markedly to $1.5M in 2022. In general, exports continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year. As a result, the exports reached the peak of $1.9M, and then reduced rapidly in the following year.
Export of Vinegar-Preserved Vegetable in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 783 | 730 | 1,431 | 1,063 | 10.7% |
Philippines | 6.9 | 2.7 | 5.0 | 44.4 | 86.0% |
Malaysia | 105 | 28.4 | 6.1 | 42.9 | -25.8% |
Vanuatu | 2.7 | 3.1 | 5.1 | 41.8 | 149.2% |
Fiji | 9.7 | 17.1 | 9.0 | 30.5 | 46.5% |
Papua New Guinea | 3.4 | 4.2 | 15.0 | 27.5 | 100.7% |
Singapore | 9.0 | 8.4 | 68.4 | 25.2 | 40.9% |
Japan | 287 | 241 | 183 | 24.9 | -55.7% |
United Arab Emirates | 173 | 118 | 102 | 3.0 | -74.1% |
Others | 214 | 217 | 79.9 | 174 | -6.7% |
Total | 1,593 | 1,370 | 1,905 | 1,476 | -2.5% |
Top Export Markets for Vinegar-Preserved Vegetable from Australia in 2022:
- New Zealand (503.0 tons)
- Vanuatu (19.0 tons)
- Malaysia (18.5 tons)
- Fiji (18.4 tons)
- Philippines (17.5 tons)
- Singapore (11.8 tons)
- Papua New Guinea (9.6 tons)
- Japan (6.2 tons)
- United Arab Emirates (0.3 tons)
This report provides an in-depth analysis of the vinegar-preserved vegetable 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 471 - Vegetables in Vinegar
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
- 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 VOLUME AND VALUE
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
- 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
- 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
This report provides an in-depth analysis of the vinegar-preserved vegetable market in Australia.
This report provides an in-depth analysis of the global vinegar-preserved vegetable market.
This report provides an in-depth analysis of the vinegar-preserved vegetable market in Australia.
This report provides an in-depth analysis of the global vinegar-preserved vegetable market.
Explore the top import markets for vinegar-preserved vegetables in the world. Learn about the key countries driving the growth of this thriving industry.
Turkey continues to lead the way in the global trade of vegetables in vinegar. In 2014, Turkey exported X thousand tons of vegetables in vinegar totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it
In value terms, vegetables, fruits and nuts imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indica...
In value terms, prepared vegetables and fruits imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some n...
In value terms, vegetables, fruits and nuts exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern remained relatively...
In value terms, prepared vegetables and fruits exports totaled $X in 2016. Overall, it indicated a notable increase from 2007 to 2016: the total exports value decreased at an average annual rate of...
Explore the top import markets for vinegar-preserved vegetables in the world. Learn about the key countries driving the growth of this thriving industry.
Turkey continues to lead the way in the global trade of vegetables in vinegar. In 2014, Turkey exported X thousand tons of vegetables in vinegar totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it