Australia and Oceania: Yoghurt Market 2024

Yoghurt Market Size in Australia and Oceania

The yoghurt market in Australia and Oceania rose modestly to $X in 2023, increasing by X% against the previous year. Overall, consumption, however, saw a deep downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Yoghurt Production in Australia and Oceania

In value terms, yoghurt production rose modestly to $X in 2023 estimated in export price. Overall, production, however, showed a abrupt curtailment. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Yoghurt Exports

Exports in Australia and Oceania

Yoghurt exports declined slightly to X tons in 2023, standing approx. at 2022. The total export volume 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 growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2020; afterwards, it flattened through to 2023.

In value terms, yoghurt exports rose slightly to $X in 2023. Total exports indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

Australia represented the key exporting country with an export of about X tons, which reached X% of total exports. It was distantly followed by New Zealand (X tons), mixing up a X% share of total exports.

Australia was also the fastest-growing in terms of the yoghurt exports, with a CAGR of X% from 2012 to 2023. New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Australia increased by X percentage points.

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

From 2012 to 2023, the average annual rate of growth in terms of value in Australia totaled X%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2023, rising by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the export price increased by X%. The level of export peaked at $X per ton in 2014; however, from 2015 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%).

Yoghurt Imports

Imports in Australia and Oceania

In 2023, the amount of yoghurt imported in Australia and Oceania dropped to X tons, with a decrease of X% against the previous year's figure. Overall, imports showed a slight reduction. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2023, imports remained at a lower figure.

In value terms, yoghurt imports contracted to $X in 2023. In general, imports continue to indicate a noticeable decrease. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

Australia prevails in imports structure, reaching X tons, which was near X% of total imports in 2023. It was distantly followed by French Polynesia (X tons) and Papua New Guinea (X tons), together generating a X% share of total imports. New Zealand (X tons), Guam (X tons), Tonga (X tons), New Caledonia (X tons), Samoa (X tons), Cook Islands (X tons) and Marshall Islands (X tons) held a minor share of total imports.

From 2012 to 2023, average annual rates of growth with regard to yoghurt imports into Australia stood at X%. At the same time, Marshall Islands (X%), Tonga (X%), French Polynesia (X%), Guam (X%), Samoa (X%) and Cook Islands (X%) displayed positive paces of growth. Moreover, Marshall Islands emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. Papua New Guinea experienced a relatively flat trend pattern. By contrast, New Caledonia (X%) and New Zealand (X%) illustrated a downward trend over the same period. French Polynesia (X p.p.), Tonga (X p.p.), Guam (X p.p.) and Marshall Islands (X p.p.) significantly strengthened its position in terms of the total imports, while New Caledonia and New Zealand saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported yoghurt in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by French Polynesia ($X), with a X% share of total imports. It was followed by New Zealand, with a X% share.

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: French Polynesia (X% per year) and New Zealand (X% per year).

Import Prices by Country

In 2023, the import price in Australia and Oceania amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform