Australia and Oceania: Tomato Market 2024

Tomato Market Size in Australia and Oceania

The tomato market in Australia and Oceania stood at $X in 2023, surging by X% against the previous year. In general, consumption, however, saw a pronounced setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Tomato Production in Australia and Oceania

In value terms, tomato production rose slightly to $X in 2023 estimated in export price. In general, production, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Australia (X tons) remains the largest tomato producing country in Australia and Oceania, accounting for X% of total volume. Moreover, tomato production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (X tons), eightfold.

In Australia, tomato production plunged by an average annual rate of X% over the period from 2012-2023.

In 2023, the average tomato yield in Australia and Oceania dropped modestly to X tons per ha, remaining stable against 2022. The yield figure increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of yield peaked at X tons per ha in 2018; however, from 2019 to 2023, the yield stood 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, approx. X ha of tomatoes were harvested in Australia and Oceania; increasing by X% on the previous year's figure. Overall, the harvested area, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the harvested area dedicated to tomato production reached the maximum at X ha in 2012; however, from 2013 to 2023, the harvested area remained at a lower figure.

Tomato Exports

Exports in Australia and Oceania

In 2023, shipments abroad of tomatoes was finally on the rise to reach X tons for the first time since 2019, thus ending a three-year declining trend. Overall, exports, however, continue to indicate a abrupt contraction. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2023, the exports remained at a lower figure.

In value terms, tomato exports soared to $X in 2023. Over the period under review, exports, however, continue to indicate a perceptible decrease. 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

The shipments of the two major exporters of tomatoes, namely Australia and New Zealand, represented more than two-thirds of total export.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Australia (with a CAGR of X%).

In value terms, Australia ($X) and New Zealand ($X) appeared to be the countries with the highest levels of exports in 2023.

In terms of the main exporting countries, Australia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2023, the export price in Australia and Oceania amounted to $X per ton, with a decrease of X% against the previous year. Export price indicated perceptible growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, tomato export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2022, and then fell in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Tomato Imports

Imports in Australia and Oceania

In 2023, overseas purchases of tomatoes were finally on the rise to reach X tons after five years of decline. In general, imports, however, recorded a abrupt downturn. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

In value terms, tomato imports skyrocketed to $X in 2023. Overall, imports, however, continue to indicate a noticeable slump. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, imports attained the peak of $X. From 2018 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

New Zealand (X tons) and New Caledonia (X tons) were the key importers of tomatoes in 2023, finishing at approx. X% and X% of total imports, respectively. It was distantly followed by Fiji (X tons), mixing up a X% share of total imports. Marshall Islands (X tons), Vanuatu (X tons), French Polynesia (X tons) and Papua New Guinea (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Marshall Islands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest tomato importing markets in Australia and Oceania were New Zealand ($X), New Caledonia ($X) and Fiji ($X), together comprising X% of total imports. Marshall Islands, French Polynesia, Papua New Guinea and Vanuatu lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Marshall Islands, 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

The import price in Australia and Oceania stood at $X per ton in 2023, shrinking by X% against the previous year. Import price indicated temperate growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2022, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Fiji ($X per ton), while Vanuatu ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Vanuatu (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform