Price for Wilkings and Smilar Citrus Hybrid in Australia - 2023

Contents:

  1. Price for Wilkings and Smilar Citrus Hybrid in Australia (FOB) - 2022
  2. Price for Wilkings and Smilar Citrus Hybrid in Australia (CIF) - 2022
  3. Exports of Wilkings and Smilar Citrus Hybrid in Australia
  4. Imports of Wilkings and Smilar Citrus Hybrid in Australia

Price for Wilkings and Smilar Citrus Hybrid in Australia (FOB) - 2022

The average export price for fruit, edible stood at $1,657 per ton in 2022, growing by 8.6% against the previous year. Over the last five years, it increased at an average annual rate of +5.8%. The most prominent rate of growth was recorded in 2018 an increase of 17%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($3,074 per ton), while the average price for exports to Taiwan (Chinese) ($1,378 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wilkings and Smilar Citrus Hybrid in Australia (CIF) - 2022

The average import price for fruit, edible stood at $1,454 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 29%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2017 to 2022, the rate of growth in terms of prices for Spain amounted to +9.2% per year.

Exports of Wilkings and Smilar Citrus Hybrid in Australia

For the third year in a row, Australia recorded decline in overseas shipments of fruit, edible, which decreased by -22.4% to 918 tons in 2022. Over the period under review, exports recorded a sharp decline.

In value terms, wilkings and smilar citrus hybrid exports contracted markedly to $1.5M in 2022. Overall, exports saw a dramatic decrease.

Export of Wilkings and Smilar Citrus Hybrid in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3,5322,2821,094925-36.0%
Japan899937385326-28.7%
Taiwan (Chinese)933354167141-46.7%
China34624.889.775.8-39.7%
New Zealand18111426.724.9-48.4%
Others39113142.727.9-58.5%
Total6,2813,8431,8051,521-37.7%

Top Export Markets for Wilkings and Smilar Citrus Hybrid from Australia in 2022:

  1. United States (584.0 tons)
  2. Japan (175.0 tons)
  3. Taiwan (Chinese) (102.4 tons)
  4. China (28.4 tons)
  5. New Zealand (16.0 tons)

Imports of Wilkings and Smilar Citrus Hybrid in Australia

In 2022, purchases abroad of fruit, edible decreased by 0% to 3.9 tons, falling for the second year in a row after two years of growth. In general, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 16% against the previous year. As a result, imports attained the peak of 7.8 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wilkings and smilar citrus hybrid imports stood at $5.6K in 2022. Overall, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2020 when imports increased by 34%. As a result, imports attained the peak of $11K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Wilkings and Smilar Citrus Hybrid in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.40.2N/A5.6-12.6%
United StatesN/A11.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total8.411.2N/A5.6-12.6%

Top Suppliers of Wilkings and Smilar Citrus Hybrid to Australia in 2022:

  1. China (3.9 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Wilkings And Smilar Citrus Hybrid - Australia