Australia and Oceania: Chili And Pepper Market 2024

Chili And Pepper Market Size in Australia and Oceania

The chili and pepper market in Australia and Oceania was estimated at $X in 2023, with an increase of X% against the previous year. The total consumption indicated a slight 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, consumption decreased by X% against 2021 indices. As a result, consumption reached the peak level of $X. From 2015 to 2023, the growth of the market failed to regain momentum.

Chili And Pepper Production in Australia and Oceania

In value terms, chili and pepper production expanded markedly to $X in 2023 estimated in export price. The total production indicated a mild expansion from 2012 to 2023: its value 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, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2023, production growth remained at a lower figure.

The country with the largest volume of chili and pepper production was Australia (X tons), accounting for X% of total volume. Moreover, chili and pepper production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (X tons), more than tenfold.

In Australia, chili and pepper production increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Fiji (X% per year).

In 2023, the average yield of chilies and peppers (green) in Australia and Oceania rose to X tons per ha, picking up by X% against the year before. The yield figure increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when the yield increased by X% against the previous year. Over the period under review, the chili and pepper yield hit record highs at X tons per ha in 2019; however, from 2020 to 2023, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the total area harvested in terms of chilies and peppers (green) production in Australia and Oceania fell modestly to X ha, waning by X% compared with 2022. The harvested area increased at an average annual rate of X% 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 2014 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to chili and pepper production reached the maximum at X ha in 2022, and then shrank slightly in the following year.

Chili And Pepper Exports

Exports in Australia and Oceania

In 2023, overseas shipments of chilies and peppers (green) were finally on the rise to reach X tons for the first time since 2020, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, chili and pepper exports expanded significantly to $X in 2023. In general, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

New Zealand represented the largest exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Australia (X tons), generating a X% share of total exports.

Exports from New Zealand decreased at an average annual rate of X% from 2012 to 2023. At the same time, Australia (X%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2023. Australia (X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, New Zealand ($X) remains the largest chili and pepper supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by Australia ($X), with a X% share of total exports.

In New Zealand, chili and pepper exports plunged by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Australia and Oceania amounted to $X per ton, reducing by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2023, the export prices remained at a somewhat lower figure.

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 totaled $X per ton.

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

Chili And Pepper Imports

Imports in Australia and Oceania

In 2023, imports of chilies and peppers (green) in Australia and Oceania dropped rapidly to X tons, reducing by X% against 2022. In general, imports recorded a abrupt slump. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, chili and pepper imports declined rapidly to $X in 2023. Overall, imports showed a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

Australia (X tons) and Fiji (X tons) represented roughly X% of total imports in 2023. New Zealand (X tons) took the next position in the ranking, followed by New Caledonia (X tons), French Polynesia (X tons) and Palau (X tons). All these countries together took near X% share of total imports. Marshall Islands (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 main 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, Fiji ($X), Australia ($X) and New Zealand ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports. New Caledonia, French Polynesia, Palau and Marshall Islands lagged somewhat behind, together accounting for a further X%.

Marshall Islands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Australia and Oceania amounted to $X per ton, shrinking by X% against the previous year. In general, the import price showed a slight reduction. The pace of growth appeared the most rapid in 2017 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Fiji ($X per ton), while Palau ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Fiji (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform