Frozen vegetables market in Australia and New Zealand

Earlier Report Observations

The market volume for frozen vegetables in Australia and New Zealand showed considerable fluctuation between 2018 and 2023. Starting at 160 000 tons in 2018, physical consumption declined over the next two years to a low of 126 800 tons in 2020. A strong rebound followed in 2021, bringing the market to 157 700 tons, before another contraction in 2022 to 136 000 tons. The period concluded with a sharp expansion in 2023, with volume reaching a peak of 185 800 tons.

Measured in value, the market followed a different path. After dropping to 177 million USD in 2019, the market's monetary size grew steadily from 2020 to 2023, finishing at 285.1 million USD. This indicates that average prices or the value mix of products increased, particularly in years like 2020 and 2022 when physical volume fell.

Production frozen vegetables in Australia and New Zealand

In kind, 2018-2021, K t

Top producers of frozen vegetables, 2018-2021

World map of production of frozen vegetables, 2018-2021

Frozen vegetable production in Australia and New Zealand has increased for the second year in a row. In 2021, production reached 146.8 thousand tonnes, marking a 13.0% rise compared to 2020. Looking at the period from 2018 to 2021, overall production decreased by 5.4%, which translates to an average annual decline of 1.8%. The lowest production level was recorded in 2019 at 126.8 thousand tonnes, with the largest year-on-year drop of 18.2% also occurring that year.

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

In value, 2018-2021, M $ US

Frozen vegetable production in Australia and New Zealand has grown for the second consecutive year. In 2021, the output was valued at 189.4 million US dollars, representing a 15.6% increase from the previous year. Over the 2018-2021 period, production value decreased by 3.3%, with a compound annual growth rate of -1.1%. The lowest value was recorded in 2019 at 155.1 million US dollars, accompanied by the steepest decline of 20.8% that same year.

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

Exports frozen vegetables from Australia and New Zealand

Exports in kind, t

Exports of frozen vegetables from Australia and New Zealand have risen for the third year running. In 2021, export volumes reached 83 860 tonnes, showing a strong gain of 11.9% from the year before. From 2018 to 2021, exports increased by 15.6%, equating to an annualized growth rate of 5.0%.

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

Between 2018 and 2021, frozen vegetable exports from Australia and New Zealand were relatively evenly distributed among trading partners. China accounted for 24.6% of export volumes, Japan for 12.8%, and 'Asia, not elsewhere specified' for 2.9%. Together, these three destinations made up just 40.3% of total export flows.

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, M $ US

Exports of frozen vegetables from Australia and New Zealand have increased for the second consecutive year. In 2021, export value reached 108.2 million US dollars, representing a 14.5% rise compared to the previous year. Over the 2018-2021 period, exports grew by 18.2%, with an annualized rate of 5.7%. The lowest value was recorded in 2019 at 91.0 million US dollars, when exports saw their largest decline of 0.5%.

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

From 2018 to 2021, the geographical structure of frozen vegetable exports in value terms was highly diversified. China accounted for 19.7% of export value, Japan for 17.2%, and Kuwait for 3.3%. Combined, these three countries represented only 40.2% of total flows, while the remaining 59.8% was spread across numerous smaller partner countries.

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 frozen vegetables to Australia and New Zealand

Imports in kind, t

In 2021, Australia and New Zealand imported 94 715 tonnes of frozen vegetables, indicating a sharp increase of 32.0% from the previous year. Over the 2018-2021 period, imports rose by 22.4%, equating to an annualized growth rate of 7.0%. The lowest import volume was recorded in 2020 at 71 777 tonnes, which also saw the largest decline of 15.9%.

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

Between 2018 and 2021, frozen vegetable imports to Australia and New Zealand were scattered across multiple sources. China accounted for 26.6% of import volumes, Belgium for 17.1%, and Spain for 3.8%. Together, these three countries made up just 47.5% of total import flows, with no single partner emerging as clearly dominant.

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, M $ US

Frozen vegetable imports to Australia and New Zealand have grown for the second year in a row. In 2021, import value stood at 140.4 million US dollars, showing a moderate increase of 9.6% compared to 2020. Over the 2018-2021 period, imports increased by 16.5%, with a compound annual growth rate of 5.2%. The lowest value was recorded in 2019 at 113.0 million US dollars, when imports declined by 6.2%. The largest increase occurred in 2020, with a rise of 13.4%.

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

Throughout 2018-2021, frozen vegetable imports to Australia and New Zealand in value terms were not concentrated on a few key markets. China accounted for 24.3% of import value, Belgium for 15.3%, and Spain for 3.7%. Combined, these three countries represented only 43.3% of total import flows.

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