Price for Fruit, Edible; Durians, Fresh in Australia - 2023

Contents:

  1. Price for Fruit, Edible; Durians, Fresh in Australia (CIF) - 2023
  2. Price for Fruit, Edible; Durians, Fresh in Australia (FOB) - 2022
  3. Imports of Fruit, Edible; Durians, Fresh in Australia
  4. Exports of Fruit, Edible; Durians, Fresh in Australia

Price for Fruit, Edible; Durians, Fresh in Australia (CIF) - 2023

The average fruit, edible; durians, fresh import price stood at $17,148 per ton in July 2023, which is down by -10.8% against the previous month. In general, the import price, however, showed a mild increase. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 70% m-o-m. As a result, import price reached the peak level of $22,344 per ton. From December 2022 to July 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Malaysia ($32,931 per ton), while the price for Vietnam ($12,833 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fruit, Edible; Durians, Fresh in Australia (FOB) - 2022

In 2022, the average fruit, edible; durians, fresh export price amounted to $10,908 per ton, picking up by 55% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $11,560 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Christmas Island ($43,054 per ton), while the average price for exports to Singapore ($2,936 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 Malaysia (+17.5%).

Imports of Fruit, Edible; Durians, Fresh in Australia

After three years of growth, purchases abroad of fruit, edible; durians, freshes decreased by -44.9% to 185 tons in 2022. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 222% against the previous year. As a result, imports reached the peak of 336 tons, and then declined notably in the following year.

In value terms, fruit, edible; durians, fresh imports dropped remarkably to $2.3M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 111% against the previous year. As a result, imports attained the peak of $3.8M, and then fell dramatically in the following year.

Import of Fruit, Edible; Durians, Fresh in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand7921,3021,2361,77030.7%
Vietnam13359.911930331.6%
Malaysia15.0428214225146.6%
United States44.5N/AN/AN/A0%
OthersN/AN/A2,199N/A0%
Total9841,7903,7692,29932.7%

Top Suppliers of Fruit, Edible; Durians, Fresh to Australia in 2022:

  1. Thailand (96.1 tons)
  2. Vietnam (70.2 tons)
  3. Malaysia (18.6 tons)

Exports of Fruit, Edible; Durians, Fresh in Australia

Fruit, edible; durians, fresh exports from Australia surged to 740 kg in 2022, rising by 235% on the previous year. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 8,807%. As a result, the exports reached the peak of 29 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, fruit, edible; durians, fresh exports surged to $8.1K in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 10,777% against the previous year. As a result, the exports attained the peak of $162K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Fruit, Edible; Durians, Fresh in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Christmas IslandN/AN/AN/A5.00%
Cocos (Keeling) IslandsN/AN/AN/A1.60%
SingaporeN/AN/AN/A1.50%
Malaysia1.41611.5N/A3.5%
Others0.11.5N/AN/A1400.0%
Total1.51621.68.175.4%

Top Export Markets for Fruit, Edible; Durians, Fresh from Australia in 2022:

  1. Singapore (520.0 kg)
  2. Christmas Island (116.0 kg)
  3. Cocos (Keeling) Islands (104.0 kg)

Source: IndexBox Market Intelligence Platform

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