Millet market in Australia

Earlier Report Observations

The Australian millet market volume experienced significant fluctuations between 2018 and 2023. It reached a peak of 40 150 t in 2019, followed by a three-year decline to a low of 33 834 t in 2022, before recovering to 37 459 t in 2023.

Domestic production remained stable throughout this period, ranging from 36 657 t to 37 045 t annually. The market's volatility was primarily driven by substantial year-to-year changes in import and export volumes, while local output showed little variation.

Production millet in Australia

In kind, 2018-2021, t

Top producers of millet, 2018-2021

World map of production of millet, 2018-2021

Australia's millet production in 2021 reached 37 046 tonnes, showing minimal change from the previous year. The largest decline occurred in 2019 at 0.0%, while the most significant increase was recorded in 2020 at 0.4%.

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

Exports millet from Australia

Exports in kind, t

Millet exports from Australia experienced notable fluctuations during this period. The minimum value was recorded in 2019 at 158 tonnes, while exports peaked in 2020 at 4 122 tonnes, representing a 26-fold difference between these years. In 2021, exports amounted to 2 425 tonnes, marking a sharp year-over-year decline of 41.2%. The largest decrease occurred in 2019 at 76.3%, while the most substantial increase was recorded in 2020 at 2 511.8%.

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

From 2018 to 2021, Japan, Indonesia, and Thailand remained Australia's primary markets for millet exports in volume terms, accounting for 23.1%, 17.2%, and 15.7% of total exports respectively. Together, these three countries represented 56.0% of Australia's total millet export flows.

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

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

Exports in value, K $ US

Australia's millet export values showed considerable volatility during the observed period. The minimum value was recorded in 2019 at 375 thousand US dollars, while exports reached their peak in 2020 at 2 751 thousand US dollars, representing a 7.3-fold difference between these years. In 2021, export values stood at 2 389 thousand US dollars, showing a robust decline of 13.2% compared to the previous year. The largest decrease occurred in 2019 at 49.1%, while the most significant increase was recorded in 2020 at 634.1%.

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

Between 2018 and 2021, Japan, Belgium, and New Zealand emerged as Australia's three main markets for millet exports in value terms, collectively absorbing 57.9% of total export revenues.

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

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

Imports millet to Australia

Imports in kind, t

Australia's millet imports showed an unstable trend throughout this timeframe. The minimum value was recorded in 2021 at 460 tonnes, while imports peaked in 2020 at 4 819 tonnes, representing a 10.5-fold difference between these years. The 2021 import volume of 460 tonnes marked a substantial decrease of 90.5% compared to the previous year. The largest increase occurred in 2019 at 387.5%.

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

From 2018 to 2021, the United States, India, and China stood out as Australia's primary sources for millet imports in volume terms, accounting for 37.6%, 17.9%, and 11.4% of total imports respectively. Together, these three countries represented 66.9% of Australia's total millet import flows.

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

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

Imports in value, K $ US

Australia's millet import values demonstrated significant volatility during the observed period. The minimum value was recorded in 2018, while imports reached their peak in 2020 at 3 299 thousand US dollars, representing a 6.2-fold difference between these years. In 2021, import values stood at 631 thousand US dollars, showing an abrupt decrease of 80.9% compared to the previous year. The largest increase occurred in 2019 at 332.0%.

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

Throughout 2018 to 2021, the United States, China, and India formed the core of Australia's millet imports in value terms, accounting for 33.4%, 24.7%, and 14.3% of total import values respectively. Together, these three countries represented 72.4% of Australia's total millet import expenditures.

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

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