Australia - Mustard Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMustard Seed Price in Australia - 2023
Contents:
- Mustard Seed Price in Australia (FOB) - 2022
- Mustard Seed Price in Australia (CIF) - 2022
- Mustard Seed Exports in Australia
- Mustard Seed Imports in Australia
Mustard Seed Price in Australia (FOB) - 2022
The average mustard seed export price stood at $809 per ton in 2022, falling by -17.7% against the previous year. Overall, the export price showed a noticeable slump. The pace of growth appeared the most rapid in 2019 when the average export price increased by 139%. Over the period under review, the average export prices attained the maximum at $1,773 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($858 per ton), while the average price for exports to Bangladesh stood at $800 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+10.5%).
Mustard Seed Price in Australia (CIF) - 2022
In 2022, the average mustard seed import price amounted to $1,434 per ton, with an increase of 12% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2021 an increase of 17% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ukraine ($2,487 per ton), while the price for Canada ($1,218 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+51.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Mustard Seed Exports in Australia
For the fourth year in a row, Australia recorded growth in overseas shipments of mustard seed, which increased by 523% to 13K tons in 2022. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 54,224% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, mustard seed exports soared to $11M in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 78,904% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Mustard Seed in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | N/A | 0.2 | 1.6 | 10.3 | 617.6% |
| Canada | N/A | N/A | N/A | 0.4 | 0% |
| Others | N/A | 0.9 | 0.5 | 0.2 | -52.9% |
| Total | N/A | 1.1 | 2.1 | 10.8 | 213.3% |
Top Export Markets for Mustard Seed from Australia in 2022:
- Bangladesh (12.9K tons)
- Canada (0.4K tons)
Mustard Seed Imports in Australia
Mustard seed imports into Australia surged to 2.5K tons in 2022, growing by 88% against 2021 figures. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, mustard seed imports surged to $3.5M in 2022. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Mustard Seed in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1,039 | 841 | 1,118 | 1,889 | 22.1% |
| United States | 194 | 255 | 229 | 557 | 42.1% |
| Ukraine | N/A | 60.8 | 43.5 | 540 | 198.0% |
| India | 154 | 213 | 273 | 538 | 51.7% |
| Others | 20.1 | 18.9 | 12.5 | 6.6 | -31.0% |
| Total | 1,407 | 1,390 | 1,676 | 3,530 | 35.9% |
Top Suppliers of Mustard Seed to Australia in 2022:
- Canada (1550.5 tons)
- United States (357.0 tons)
- India (335.3 tons)
- Ukraine (217.0 tons)
This report provides an in-depth analysis of the mustard seed market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 292 - Mustard seed
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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