Australia and Oceania: Poultry Market 2024

Poultry Market Size in Australia and Oceania

The poultry market in Australia and Oceania expanded slightly to $X in 2022, rising by X% against the previous year. Over the period under review, consumption, however, recorded a modest expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Poultry Production in Australia and Oceania

In value terms, poultry production amounted to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X; afterwards, it flattened through to 2022.

The country with the largest volume of poultry production was Australia (X tons), comprising approx. X% of total volume. Moreover, poultry production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (X tons), sixfold.

In Australia, poultry production increased at an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: New Zealand (X% per year) and Fiji (X% per year).

The average poultry yield fell to X kg per head in 2022, therefore, remained relatively stable against 2021 figures. Over the period under review, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of yield peaked at X kg per head in 2019; afterwards, it flattened through to 2022.

In 2022, the number of animals slaughtered for poultry production in Australia and Oceania reduced slightly to X heads, remaining constant against the previous year's figure. This number increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2017 when the number of producing animals increased by X%. Over the period under review, this number hit record highs at X heads in 2021, and then dropped slightly in the following year.

Poultry Exports

Exports in Australia and Oceania

In 2022, overseas shipments of poultry increased by X% to X tons, rising for the second year in a row after three years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, poultry exports expanded remarkably to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Australia represented the major exporter of poultry in Australia and Oceania, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by New Zealand (X tons), achieving an X% share of total exports.

Australia was also the fastest-growing in terms of the poultry exports, with a CAGR of X% from 2012 to 2022. At the same time, New Zealand (X%) displayed positive paces of growth. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in Australia stood at X%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, surging by X% against the previous year. In general, the export price, however, showed a mild shrinkage. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Poultry Imports

Imports in Australia and Oceania

In 2022, imports of poultry in Australia and Oceania expanded sharply to X tons, growing by X% against 2021. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, poultry imports surged to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the five major importers of poultry, namely Papua New Guinea, French Polynesia, Samoa, New Caledonia and Tonga, represented more than two-thirds of total import. Fiji (X tons), Micronesia (X tons), Solomon Islands (X tons), Vanuatu (X tons), Marshall Islands (X tons), Kiribati (X tons) and Wallis and Futuna Islands (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Kiribati (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, French Polynesia ($X), New Caledonia ($X) and Papua New Guinea ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Samoa, Tonga, Solomon Islands, Vanuatu, Fiji, Micronesia, Kiribati, Marshall Islands and Wallis and Futuna Islands lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Kiribati, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the import price in Australia and Oceania amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, saw a mild curtailment. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was French Polynesia ($X per ton), while Tonga ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Caledonia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :