Not further prepared dried vegetables market in Oceania

Earlier Report Observations

Between 2018 and 2022, the volume of the not further prepared dried vegetables market in Oceania increased from 11 616 tons to 15 468 tons, reflecting steady growth in consumption. However, in 2023, the market volume contracted to 14 483 tons. In contrast, the market value rose consistently from $49.2 million in 2018 to $71.9 million in 2023, indicating a significant increase in average prices over the period.

The market dynamics in 2023 were influenced by global trends, including a shift in consumer preferences towards plant-based proteins and convenient, long-lasting food options, which sustained demand for dried vegetables. Simultaneously, rising packaging costs in the agri-food sector contributed to higher product prices, explaining the divergence between volume and value trends. In 2024, new European marketing regulations requiring origin labeling for prepared products came into effect, while global suppliers like Olam Group expanded their organic dehydrated vegetable offerings. These developments occurred alongside a rebound in imports to 16 995 tons and a decline in exports to 2 775 tons, suggesting ongoing adjustments in trade patterns.

Production not further prepared dried vegetables in Oceania

In kind, 2017-2020, t

Top producers of not further prepared dried vegetables, 2017-2020

World map of production of not further prepared dried vegetables, 2017-2020

In Oceania, production of not further prepared dried vegetables reached 1 698 tonnes in 2020, marking a 33.2% increase from the previous year. Over the 2017-2020 period, production grew by 34.7%, with a compound annual growth rate (CAGR) of 10.4%. The most significant decline occurred in 2019, when production fell by 4.3%.

Annual dynamics of production in Oceania in kind, 2017-2020, t

In value, 2017-2020, K $ US

The value of not further prepared dried vegetables produced in Oceania stood at 23 806 thousand US dollars in 2020, representing a sharp 60.7% rise compared to 2019. From 2017 to 2020, production value increased by 76.5%, corresponding to a CAGR of 20.9%. The largest drop was recorded in 2019, with a 19.4% decrease.

Annual dynamics of production in Oceania in value, 2017-2020, K $ US

Exports not further prepared dried vegetables from Oceania

Exports in kind, t

In 2020, Oceania exported 3 595 tonnes of not further prepared dried vegetables, showing a substantial 40.8% increase from 2019. However, over the 2017-2020 period, exports declined by 7.2%, with a CAGR of -2.5%. The lowest export volume was in 2019 at 2 554 tonnes, while the peak was in 2018 at 4 178 tonnes. The most significant decrease occurred in 2019, with a 38.9% drop.

Annual dynamics of product's exports from Oceania in kind, 2017-2020, t

From 2017 to 2020, the export market for not further prepared dried vegetables from Oceania was diverse. Japan accounted for 31.1% of exports in kind, followed by Asia, not elsewhere specified, at 9.2%, and China at 5.0%. Together, these three partners made up 45.3% of total exports, with the remaining 54.7% distributed among numerous other countries.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Oceania in kind, 2017-2020

Exports in value, K $ US

Oceania's exports of not further prepared dried vegetables were valued at 33 325 thousand US dollars in 2020, a 21.0% increase year-over-year. Over the 2017-2020 period, export value grew by 34.2%, with a CAGR of 10.3%. The largest decline was in 2019, with a 13.5% decrease, while the highest increase was in 2018, with a 28.2% rise.

Annual dynamics of product's exports from Oceania in value, 2017-2020, K $ US

Between 2017 and 2020, the main buyers of not further prepared dried vegetables from Oceania in value terms were Japan, with 29.8% of exports, the United States, with 22.3%, and Asia, not elsewhere specified, with 8.7%. These three markets together accounted for 60.8% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Oceania in value, 2017-2020

Imports not further prepared dried vegetables to Oceania

Imports in kind, t

Oceania's imports of not further prepared dried vegetables rose for the second consecutive year, reaching 16 878 tonnes in 2020, an 11.8% increase from the previous year. From 2017 to 2020, imports grew by 14.7%, equivalent to an annualized rate of 4.7%. The lowest import volume was in 2018 at 14 461 tonnes, and the largest decline occurred that same year, with a 1.7% decrease.

Annual dynamics of product's imports to Oceania in kind, 2017-2020, t

During the 2017-2020 period, the primary suppliers of not further prepared dried vegetables to Oceania in kind were China, with 57.6% of imports, the United States, with 13.3%, and India, with 7.3%. Together, these three countries comprised 78.2% of total imports.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Oceania in kind, 2017-2020

Imports in value, K $ US

Following a two-year decline, Oceania's imports of not further prepared dried vegetables increased in 2020, totaling 62 575 thousand US dollars, a modest 9.3% rise from the previous year. However, over the 2017-2020 period, import value decreased by 10.8%, corresponding to an annualized rate of -3.7%. The lowest value was recorded in 2019 at 57 265 thousand US dollars, and the largest drop was in 2018, with a 10.6% decrease.

Annual dynamics of product's imports to Oceania in value, 2017-2020, K $ US

From 2017 to 2020, the leading sources for imports of not further prepared dried vegetables to Oceania in value terms were China, accounting for 51.8% of imports, the United States, with 14.2%, and Turkey, with 6.0%. These three countries jointly represented 72.0% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Oceania in value, 2017-2020