Spinach market in Oceania

Earlier Report Observations

The volume of the fresh spinach market in Oceania contracted steadily from 10,587 t in 2018 to 8,209 t in 2023, a decline of over 20% across the six-year period. Domestic production mirrored this downward trend, falling from 10,698 t to 8,484 t over the same span.

In contrast, the market's value displayed notable fluctuations, reaching a peak of 64.1 million USD in 2019 before dropping to 46.5 million USD in 2022. A partial recovery to 51.1 million USD in 2023 indicates shifts in price levels or product mix occurred alongside the overall volume reduction.

Recent industry developments include the expansion of seed distribution partnerships, such as BASF's Nunhems® brand with TS&L Seed Company in Australia, to improve market access for growers. Innovation focused on disease-resistant and organic seed varieties, coupled with producer investments in refrigerated logistics and cold-chain improvements, aimed to enhance cultivation efficiency and product freshness. These moves aligned with rising health consciousness and growing consumer demand for fresh spinach.

Production spinach in Oceania

In kind, 2017-2020, t

Top producers of spinach, 2017-2020

World map of production of spinach, 2017-2020

Spinach production in Oceania has been declining for three consecutive years. In 2020, production reached 9 636 tons, marking a 7.8% decrease compared to the previous year. From 2017 to 2020, overall production fell by 11.5%, with a compound annual growth rate of 4.0%.

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

In value, 2017-2020, K $ US

In 2020, the value of spinach production in Oceania was 61 503 thousand US dollars, down 6.3% from the previous year. Between 2017 and 2020, production value decreased by 11.6%, with a compound annual growth rate of 4.0%. The lowest value was recorded in 2018 at 56 709 thousand US dollars. The largest decline occurred in 2018, falling by 18.5%, while the largest increase was in 2019, rising by 15.7%.

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

Exports spinach from Oceania

Exports in kind, t

Spinach exports from Oceania have declined for two consecutive years. In 2020, exports totaled 283.0 tons, a slight decrease of 0.7% from the previous year. From 2017 to 2020, exports increased by 44.4%, with a compound annual growth rate of 13.0%. The highest export volume was in 2018 at 316.6 tons. The largest decline occurred in 2019, dropping by 10.0%, while the largest increase was in 2018, rising by 61.6%.

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

From 2017 to 2020, Singapore, Malaysia, and Hong Kong were the core markets for spinach exports from Oceania in terms of volume. Singapore accounted for 26.7% of exports, Malaysia for 24.3%, and Hong Kong for 20.5%. Together, these three markets represented 71.5% 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

Spinach exports from Oceania have increased for three consecutive years. In 2020, export value reached 1 806 thousand US dollars, up 1.0% from 2019. Between 2017 and 2020, exports grew by 44.2%, equivalent to an annualized rate of 13.0%.

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

From 2017 to 2020, Singapore, Malaysia, and Hong Kong were the principal buyers of spinach from Oceania in value terms. Singapore accounted for 26.0% of export value, Malaysia for 20.1%, and Hong Kong for 18.4%. Collectively, these three markets made up 64.5% 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 spinach to Oceania

Imports in kind, t

Spinach imports into Oceania showed significant volatility during this period. Imports reached their lowest point in 2019 at 53.8 tons and peaked in 2018 at 206.1 tons, with a 3.8-fold difference between these years. In 2020, imports totaled 62.3 tons, a strong increase of 15.8% compared to 2019. The largest decline occurred in 2019, falling by 73.9%, while the largest increase was in 2018, rising by 168.2%.

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

From 2017 to 2020, the United States, China, and India were the main suppliers of spinach to Oceania in terms of volume. The United States accounted for 45.4% of imports, China for 5.8%, and India for 1.4%. Together, these three countries represented 52.5% of total import volume.

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

Spinach imports into Oceania have declined for two consecutive years. In 2020, import value was 1 806 thousand US dollars, down 4.7% from the previous year. From 2017 to 2020, imports decreased by 26.3%, with a compound annual growth rate of 9.7%. The highest import value was recorded in 2018 at 588 thousand US dollars. The largest decline occurred in 2019, falling by 53.3%, while the largest increase was in 2018, rising by 65.6%.

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

From 2017 to 2020, the United States, Spain, and China were consistently the main sources of spinach imports into Oceania in value terms. The United States accounted for 45.7% of import value, Spain for 2.3%, and China for 1.9%. Together, these three countries accounted for 49.8% 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