Price for Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Australia - 2022
Contents:
- Price for Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Australia (FOB) - 2022
- Price for Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Australia (CIF) - 2022
- Exports of Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Australia
- Imports of Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Australia
Price for Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Australia (FOB) - 2022
The average export price for vegetables stood at $4,808 per ton in 2022, approximately mirroring the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vegetables increased by +3.9% against 2016 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 50%. Over the period under review, the average export prices attained the maximum at $7,762 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the Philippines.
From 2012 to 2022, the rate of growth in terms of prices for the Philippines amounted to +6.1% per year.
Price for Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Australia (CIF) - 2022
In 2022, the average import price for vegetables amounted to $1,920 per ton, approximately reflecting the previous year. Overall, the import price, however, continues to indicate a perceptible downturn. The import price peaked at $2,776 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Morocco.
From 2012 to 2022, the rate of growth in terms of prices for Morocco amounted to -3.6% per year.
Exports of Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Australia
For the fourth year in a row, Australia recorded growth in shipments abroad of vegetables, which increased by 15% to 10 tons in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.4% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of vegetables soared to $50K in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 16%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 32.2 | 37.3 | 43.3 | 50.3 | 16.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 32.2 | 37.3 | 43.3 | 50.3 | 16.0% |
Top Export Markets for Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from Australia in 2022:
- Philippines (10.5 tons)
Imports of Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Australia
In 2022, the amount of vegetables imported into Australia reduced notably to 9.7 tons, dropping by -17.2% compared with the previous year's figure. Over the period under review, imports continue to indicate a deep setback. The smallest decline of -17.2% was in 2020.
In value terms, imports of vegetables fell markedly to $19K in 2022. Overall, imports showed a drastic downturn. The smallest decline of -17.1% was in 2020.
| Import of Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 32.8 | 27.1 | 22.5 | 18.6 | -17.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 32.8 | 27.1 | 22.5 | 18.6 | -17.2% |
Top Suppliers of Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to Australia in 2022:
- Morocco (9.7 tons)
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