Price for Vegetables; Seed Potatoes, Fresh or Chilled in Australia - 2024

Contents:

  1. Price for Vegetables; Seed Potatoes, Fresh or Chilled in Australia (FOB) - 2022
  2. Price for Vegetables; Seed Potatoes, Fresh or Chilled in Australia (CIF) - 2022
  3. Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Australia
  4. Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Australia

Price for Vegetables; Seed Potatoes, Fresh or Chilled in Australia (FOB) - 2022

In 2022, the average export price for vegetables; seed potatoes, fresh or chilleds amounted to $898 per ton, remaining relatively unchanged against the previous year. Overall, the export price saw a mild descent. The growth pace was the most rapid in 2017 when the average export price increased by 13%. Over the period under review, the average export prices reached the maximum at $1,035 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($1,312 per ton), while the average price for exports to Indonesia ($808 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 Taiwan (Chinese) (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Vegetables; Seed Potatoes, Fresh or Chilled in Australia (CIF) - 2022

In 2022, the average import price for vegetables; seed potatoes, fresh or chilleds amounted to $3,510 per ton, therefore, remained relatively stable against the previous year. In general, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2013 an increase of 44%. Over the period under review, average import prices reached the maximum at $52,733 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($105,713 per ton), while the price for the Netherlands ($420 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-3.5%), while the prices for the other major suppliers experienced a decline.

Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Australia

Exports of vegetables; seed potatoes, fresh or chilleds from Australia contracted significantly to 4.3K tons in 2022, with a decrease of -25.3% compared with the previous year. Over the period under review, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year.

In value terms, exports of vegetables; seed potatoes, fresh or chilleds dropped rapidly to $3.8M in 2022. In general, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 28% against the previous year. As a result, the exports attained the peak of $5.2M, and then reduced rapidly in the following year.

Export of Vegetables; Seed Potatoes, Fresh or Chilled in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand2,2211,0281,6841,396-14.3%
Indonesia9671,0251,130708-9.9%
Mauritius758462676653-4.8%
Vietnam5336676005772.7%
Hong Kong SAR40.461.034.318766.7%
Taiwan (Chinese)N/A389607168-34.3%
Singapore8.526.436.766.998.9%
Qatar2481486.719.0-57.5%
Others30224840842.7-47.9%
Total5,0784,0545,1823,818-9.1%

Top Export Markets for Vegetables; Seed Potatoes, Fresh or Chilled from Australia in 2022:

  1. Thailand (1572.0 tons)
  2. Indonesia (876.0 tons)
  3. Mauritius (700.0 tons)
  4. Vietnam (689.5 tons)
  5. Taiwan (Chinese) (162.4 tons)
  6. Hong Kong SAR (142.5 tons)
  7. Singapore (68.6 tons)
  8. Qatar (3.3 tons)

Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Australia

In 2022, approx. 8.1 tons of vegetables; seed potatoes, fresh or chilleds were imported into Australia; leveling off at the previous year's figure. Overall, imports recorded a dramatic slump. The smallest decline of 99.9% was in 2021.

In value terms, imports of vegetables; seed potatoes, fresh or chilleds totaled $29K in 2022. Over the period under review, imports continue to indicate a sharp descent. The smallest decline of 99.9% was in 2021.

Import of Vegetables; Seed Potatoes, Fresh or Chilled in Australia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
South Africa29.8N/A23.6-11.0%
NetherlandsN/AN/A2.90%
United States4.1N/A1.7-35.6%
India3.1N/AN/A0%
Others20.1N/A0.4-85.9%
Total57.1N/A28.5-29.4%

Top Suppliers of Vegetables; Seed Potatoes, Fresh or Chilled to Australia in 2022:

  1. Netherlands (6.8 tons)
  2. United States (1.1 tons)
  3. South Africa (0.2 tons)

Source: IndexBox Market Intelligence Platform

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