Australia and Oceania: Market for Tree, flower and other seeds, fruits and spores for sowing 2024

Market Size for Tree, flower and other seeds, fruits and spores for sowing in Australia and Oceania

The market for tree, flower and other seeds, fruits and spores for sowing in Australia and Oceania soared to $X in 2023, picking up by X% against the previous year. Over the period under review, consumption, however, enjoyed a significant expansion. The level of consumption peaked in 2023 and is expected to retain growth in the near future.

Production of Tree, flower and other seeds, fruits and spores for sowing in Australia and Oceania

In value terms, production of tree, flower and other seeds, fruits and spores for sowing rose slightly to $X in 2023 estimated in export price. Over the period under review, production showed a prominent expansion. The growth pace was the most rapid in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2023, production of growth remained at a lower figure.

Exports of Tree, flower and other seeds, fruits and spores for sowing

Exports in Australia and Oceania

In 2023, exports of tree, flower and other seeds, fruits and spores for sowing in Australia and Oceania expanded remarkably to X tons, picking up by X% against 2022 figures. In general, exports, however, saw a slight contraction. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2016; however, from 2017 to 2023, the exports remained at a lower figure.

In value terms, exports of tree, flower and other seeds, fruits and spores for sowing contracted to $X in 2023. Over the period under review, exports, however, continue to indicate a mild reduction. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, New Zealand (X tons) represented the major exporter of tree, flower and other seeds, fruits and spores for sowing, committing X% of total exports. It was distantly followed by Australia (X tons), mixing up a X% share of total exports.

New Zealand was also the fastest-growing in terms of the tree, flower and other seeds, fruits and spores for sowing exports, with a CAGR of X% from 2012 to 2023. Australia (X%) illustrated a downward trend over the same period. While the share of New Zealand (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Australia (X p.p.) displayed negative dynamics.

In value terms, New Zealand ($X) remains the largest tree, flower and other seeds, fruits and spores for sowing supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by Australia ($X), with a X% share of total exports.

In New Zealand, exports of tree, flower and other seeds, fruits and spores for sowing remained relatively stable over the period from 2012-2023.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2023, reducing by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

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

Imports of Tree, flower and other seeds, fruits and spores for sowing

Imports in Australia and Oceania

In 2023, purchases abroad of tree, flower and other seeds, fruits and spores for sowing was finally on the rise to reach X tons after three years of decline. Over the period under review, imports, however, continue to indicate a slight descent. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports of hit record highs at X tons in 2016; however, from 2017 to 2023, imports failed to regain momentum.

In value terms, imports of tree, flower and other seeds, fruits and spores for sowing surged to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia was the main importer of tree, flower and other seeds, fruits and spores for sowing in Australia and Oceania, with the volume of imports resulting at X tons, which was near X% of total imports in 2023. New Zealand (X tons) took the second position in the ranking, distantly followed by Papua New Guinea (X tons). All these countries together held near X% share of total imports.

Imports into Australia decreased at an average annual rate of X% from 2012 to 2023. At the same time, Papua New Guinea (X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. New Zealand experienced a relatively flat trend pattern. While the share of Papua New Guinea (X p.p.) and New Zealand (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Australia (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported tree, flower and other seeds, fruits and spores for sowing in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value in Australia amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Papua New Guinea (X% per year).

Import Prices by Country

In 2023, the import price in Australia and Oceania amounted to $X per ton, surging by X% against the previous year. Import price indicated a temperate expansion from 2012 to 2023: its price 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. Based on 2023 figures, import price for tree, flower and other seeds, fruits and spores for sowing increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, import prices hit record highs in 2023 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform