Peaches and nectarines market in Oceania

Earlier Report Observations

Between 2018 and 2020, the peaches and nectarines market in Oceania showed initial growth, with volume rising to 73 744 t in 2019. This period was influenced by a 50% surge in export value from Australia, which helped stimulate production activity. However, the market volume declined to 69 906 t in 2020.

A recovery followed in 2021, with market volume reaching 74 130 t. This coincided with the broader adoption of digital sales platforms for fresh fruit, as evidenced by significant e-commerce growth in key markets, improving product distribution and accessibility. The subsequent year saw a drop to 71 826 t in 2022, attributed to global supply chain disruptions and the lingering effects of the COVID-19 pandemic on supply and demand patterns.

In 2023, the market contracted sharply to 49 105 t. This was accompanied by continued export growth from Australia, facilitated by advances in temperature-controlled logistics, which diverted product overseas. Concurrently, a rising consumer focus on health and organic products began to influence consumption trends within the region.

Production peaches and nectarines in Oceania

In kind, 2017-2020, t

Top producers of peaches and nectarines, 2017-2020

World map of production of peaches and nectarines, 2017-2020

In 2019, Oceania's production of peaches and nectarines reached its peak at 87 099 tonnes, marking a 5.5% increase from the previous year. However, in 2020, production declined to 81 519 tonnes, representing a modest 6.4% decrease compared to 2019.

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

In value, 2017-2020, M $ US

Oceania's peaches and nectarines production value has grown for the second consecutive year. In 2018, the value hit its lowest point at 230.1 million US dollars, with a slight 0.2% decline from 2017. The following year, 2019, saw the largest increase of 5.4%, pushing the value higher. By 2020, production value reached 245.9 million US dollars, up 1.4% from 2019. Over the period from 2017 to 2020, overall production value increased by 6.7%, translating to a compound annual growth rate of 2.2%.

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

Exports peaches and nectarines from Oceania

Exports in kind, t

After two years of growth, exports of peaches and nectarines from Oceania declined in 2020. In 2018, exports surged by 44.9%, the largest increase during the period. The peak was reached in 2019 at 16 337 tonnes, but by 2020, exports dropped to 13 868 tonnes, a 15.1% decrease from the previous year. From 2017 to 2020, total exports increased by 46.7%, with a compound annual growth rate of 13.6%.

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

Between 2017 and 2020, China, the United Arab Emirates, and Singapore formed the main cluster of markets for Oceania's peaches and nectarines exports in volume terms. China accounted for 40.6% of exports, followed by the United Arab Emirates at 11.6%, and Singapore at 9.9%. Together, these three markets represented 62.1% of total export flows.

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

Following two years of growth, peaches and nectarines exports from Oceania declined in 2020. In 2018, exports saw the largest increase of 44.9%. The highest value was recorded in 2019 at 45 499 thousand US dollars, but by 2020, exports fell to 41 826 thousand US dollars, down 8.1% from the previous year. From 2017 to 2020, total exports increased by 58.7%, equating to a 16.6% annualized growth rate.

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

From 2017 to 2020, China, the United Arab Emirates, and Singapore remained the key destinations for Oceania's peaches and nectarines exports in value terms. China held a 44.0% share, the United Arab Emirates accounted for 10.1%, and Singapore made up 10.0%. Collectively, these three markets captured 64.0% 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 peaches and nectarines to Oceania

Imports in kind, t

Imports of peaches and nectarines into Oceania declined for the second consecutive year in 2020. In 2018, imports peaked at 3 170 tonnes, with a 9.7% increase from 2017. By 2020, import volume dropped to 2 255 tonnes, a 24.4% reduction compared to 2019. Over the period from 2017 to 2020, total imports decreased by 21.9%, with a compound annual decline rate of 7.9%.

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

From 2017 to 2020, the United States was the primary and nearly exclusive source for peaches and nectarines imports into Oceania in volume terms, accounting for 91.5% of total import flows.

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

Imports of peaches and nectarines into Oceania fell for the second year in a row in 2020. In 2018, imports reached their highest value at 15 911 thousand US dollars, with a 36.0% increase from 2017. The following year, 2019, saw the largest decline of 25.3%. By 2020, imports were recorded at 10 719 thousand US dollars, down 9.9% from 2019. From 2017 to 2020, total imports decreased by 8.4%, with a compound annual decline rate of 2.9%.

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

Throughout 2017 to 2020, the United States remained the almost exclusive supplier of peaches and nectarines to Oceania in value terms, holding a 95.3% share of total imports.

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

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