Flour or powder of dried legumes market in Australia and New Zealand

Earlier Report Observations

The market for flour or powder of dried legumes in Australia and New Zealand saw a pronounced upward trend from 2018 to 2023, with market size escalating from $6.2 million to $12.6 million. Growth was particularly strong in 2020 and 2021, reaching a peak of $11.9 million, followed by a contraction in 2022 and a rebound to a new high in 2023.

Imports surged over the period, rising from $2.0 million in 2018 to $8.2 million in 2021, which substantially enlarged the total market volume. Domestic production, in contrast, fluctuated between $3.6 million and $5.2 million, without a clear directional trend, indicating that import growth was the primary component of market expansion.

Exports remained a smaller factor, increasing from $0.6 million in 2018 to $1.2 million in 2023. The net trade balance, driven by imports, supported the overall market growth, with the market size more than doubling over the six-year span.

Production flour or powder of dried legumes in Australia and New Zealand

In kind, 2018-2021, t

Top producers of flour or powder of dried legumes, 2018-2021

World map of production of flour or powder of dried legumes, 2018-2021

In 2021, Australia and New Zealand produced 2 196 tonnes of flour or powder from dried legumes. This represented a 24.2% decrease compared to the previous year. Looking at the period from 2018 to 2021, production fell by 31.3%, which translates to an average annual decline of 11.7%. The only year that saw growth was 2020, with a 7.8% increase.

Annual dynamics of production in Australia and New Zealand in kind, 2018-2021, t

In value, 2018-2021, K $ US

In 2021, the value of flour or powder from dried legumes produced in Australia and New Zealand was 4 067 thousand US dollars. This marked a 22.2% drop from 2020. Over the 2018-2021 period, production value decreased by 15.2%, averaging a 5.4% annual decline. The highest value was recorded in 2020 at 5 226 thousand US dollars, which also saw the largest increase of 9.3%.

Annual dynamics of production in Australia and New Zealand in value, 2018-2021, K $ US

Exports flour or powder of dried legumes from Australia and New Zealand

Exports in kind, t

Export volumes showed significant volatility during this period. In 2019, exports hit their lowest point at 113 tonnes, representing a 72.3% decline from the previous year. They then rebounded sharply in 2020 with a 204.4% increase. By 2021, Australia and New Zealand exported 205 tonnes of flour or powder from dried legumes, which was 40.2% lower than in 2020. Overall, from the peak in 2018 to the trough in 2019, exports changed by a factor of 3.6.

Annual dynamics of product's exports from Australia and New Zealand in kind, 2018-2021, t

Between 2018 and 2021, the United States, Egypt, and Canada were the main export markets for flour or powder from dried legumes from Australia and New Zealand. Together, these three countries accounted for 70.1% of total export volumes, with the United States leading at 45.9%, followed by Egypt at 12.8% and Canada at 11.4%.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Australia and New Zealand in kind, 2018-2021

Exports in value, K $ US

Export values experienced considerable fluctuations, reflecting a volatile market. In 2019, the value dropped to its lowest point at 201 thousand US dollars, a 67.2% decrease. This was followed by a strong recovery in 2020, reaching a peak of 619 thousand US dollars with a 208.6% increase. By 2021, exports were valued at 380 thousand US dollars, down 38.6% from the previous year. The difference between the 2019 trough and 2020 peak was a factor of 3.1.

Annual dynamics of product's exports from Australia and New Zealand in value, 2018-2021, K $ US

From 2018 to 2021, the United States, Canada, and the United Kingdom were the top three markets for Australian and New Zealand exports of flour or powder from dried legumes in value terms. Combined, they represented 70.6% of total export earnings.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Australia and New Zealand in value, 2018-2021

Imports flour or powder of dried legumes to Australia and New Zealand

Imports in kind, t

Imports of flour or powder from dried legumes into Australia and New Zealand grew for the third year in a row in 2021, reaching 10 912 tonnes. This was a substantial 31.2% increase compared to 2020. Over the 2018-2021 period, imports surged by 843.1%, averaging an annual growth rate of 111.3%.

Annual dynamics of product's imports to Australia and New Zealand in kind, 2018-2021, t

Between 2018 and 2021, India and China dominated as the source countries for imports of flour or powder from dried legumes into Australia and New Zealand. Together, they supplied 93.2% of total import volumes, with the remainder coming from other markets.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Australia and New Zealand in kind, 2018-2021

Imports in value, K $ US

The value of imports of flour or powder from dried legumes into Australia and New Zealand continued to rise in 2021, marking the third consecutive year of growth. Imports totaled 8 248 thousand US dollars, up 39.9% from the previous year. From 2018 to 2021, import value increased by 306.9%, with an average annual growth rate of 59.7%.

Annual dynamics of product's imports to Australia and New Zealand in value, 2018-2021, K $ US

During the 2018-2021 period, India and China together accounted for 84.4% of the total import value of flour or powder from dried legumes into Australia and New Zealand. Other countries contributed the remaining share, forming a more diversified but smaller portion of imports.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Australia and New Zealand in value, 2018-2021