Australia and Oceania: Chili And Pepper Market 2024

Chili And Pepper Market Size in Australia and Oceania

In 2023, the chili and pepper market in Australia and Oceania decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. The total consumption indicated a mild increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2022, and then plummeted in the following year.

Chili And Pepper Production in Australia and Oceania

In value terms, chili and pepper production dropped notably to $X in 2023 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2022, and then fell sharply in the following year.

Australia (X tons) remains the largest chili and pepper producing country in Australia and Oceania, comprising approx. X% of total volume. Moreover, chili and pepper production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (X tons), sixfold.

In Australia, chili and pepper production expanded at an average annual rate of X% over the period from 2012-2023. The remaining producing countries recorded the following average annual rates of production growth: New Zealand (X% per year) and Fiji (X% per year).

In 2023, the average chili and pepper yield in Australia and Oceania reduced slightly to X tons per ha, remaining stable against 2022 figures. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of yield peaked at X tons per ha in 2019; however, from 2020 to 2023, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The chili and pepper harvested area contracted modestly to X ha in 2023, declining by X% on 2022 figures. The harvested area increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the harvested area dedicated to chili and pepper production attained the peak figure at X ha in 2022, and then reduced in the following year.

Chili And Pepper Exports

Exports in Australia and Oceania

In 2023, overseas shipments of chilies and peppers (green) were finally on the rise to reach X tons after two years of decline. Overall, exports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, chili and pepper exports rose markedly to $X in 2023. Over the period under review, exports, however, continue to indicate a abrupt slump. The growth pace was the most rapid in 2020 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, New Zealand (X tons) represented the major exporter of chilies and peppers (green), mixing up X% of total exports. It was distantly followed by Australia (X tons), constituting a X% share of total exports.

Exports from New Zealand decreased at an average annual rate of X% from 2012 to 2023. At the same time, Australia (X%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2023. While the share of Australia (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of New Zealand (X p.p.) displayed negative dynamics.

In value terms, New Zealand ($X) remains the largest chili and pepper supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by Australia ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in New Zealand amounted to X%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2023, waning by X% against the previous year. Overall, the export price recorded a mild decline. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%).

Chili And Pepper Imports

Imports in Australia and Oceania

In 2023, overseas purchases of chilies and peppers (green) decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. Overall, imports showed a deep downturn. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, chili and pepper imports reduced dramatically to $X in 2023. Over the period under review, imports showed a deep slump. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Australia (X tons) and Fiji (X tons) represented the major importers of chilies and peppers (green) in 2023, accounting for approx. X% and X% of total imports, respectively. It was distantly followed by French Polynesia (X tons), New Zealand (X tons) and Palau (X tons), together committing a X% share of total imports. New Caledonia (X tons) and Samoa (X tons) held a relatively small share of total imports.

From 2012 to 2023, the biggest increases were recorded for Fiji (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest chili and pepper importing markets in Australia and Oceania were Fiji ($X), Australia ($X) and New Zealand ($X), with a combined X% share of total imports.

In terms of the main importing countries, Fiji, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Australia and Oceania amounted to $X per ton, reducing by X% against the previous year. Overall, the import price recorded a slight contraction. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Fiji ($X per ton), while Palau ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Fiji (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform