Australia: Chick Peas Market 2024

Chick Peas Market Size in Australia

The Australian chick peas market rose to $X in 2023, growing by X% against the previous year. Over the period under review, consumption enjoyed a prominent expansion. As a result, consumption attained the peak level of $X. From 2019 to 2023, the growth of the market failed to regain momentum.

Chick Peas Production in Australia

In value terms, chick peas production skyrocketed to $X in 2023 estimated in export price. Over the period under review, production, however, showed a pronounced curtailment. The growth pace was the most rapid in 2021 when the production volume increased by X%. Chick peas production peaked at $X in 2016; however, from 2017 to 2023, production remained at a lower figure.

The average yield of chick peas in Australia rose significantly to X tons per ha in 2023, picking up by X% on the previous year's figure. Over the period under review, the yield recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2016 to 2023, the growth of the average chick peas yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the chick peas harvested area in Australia reduced to X ha, stabilizing at the year before. Overall, the harvested area, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the harvested area attained the peak level of X ha. From 2017 to 2023, the growth of the chick peas harvested area failed to regain momentum.

Chick Peas Exports

Exports from Australia

Chick peas exports from Australia surged to X tons in 2023, rising by X% against 2022. In general, exports, however, saw a pronounced contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

In value terms, chick peas exports rose markedly to $X in 2023. Overall, exports, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Pakistan (X tons), Bangladesh (X tons) and the United Arab Emirates (X tons) were the main destinations of chick peas exports from Australia, with a combined X% share of total exports. Nepal, the United States, Canada, the UK and India lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for the United States (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chick peas exported from Australia were Pakistan ($X), Bangladesh ($X) and the United Arab Emirates ($X), together accounting for X% of total exports. Nepal, Canada, the United States, the UK and India lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, the United States, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average chick peas export price amounted to $X per ton, reducing by X% against the previous year. Overall, the export price recorded a mild shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked at $X per ton in 2017; however, from 2018 to 2023, 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 Canada ($X per ton), while the average price for exports to Nepal ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (X%), while the prices for the other major destinations experienced a decline.

Chick Peas Imports

Imports into Australia

In 2023, overseas purchases of chick peas increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, showed a slight setback. The pace of growth was the most pronounced in 2022 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2023, imports failed to regain momentum.

In value terms, chick peas imports skyrocketed to $X in 2023. In general, total imports indicated a notable 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, imports increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked in 2023 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2023, India (X tons) constituted the largest chick peas supplier to Australia, with a X% share of total imports. Moreover, chick peas imports from India exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. The third position in this ranking was taken by Iran (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from India was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Iran (X% per year).

In value terms, India ($X) constituted the largest supplier of chick peas to Australia, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by Iran, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Iran (X% per year).

Import Prices by Country

In 2023, the average chick peas import price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price, however, enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2021; however, from 2022 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform