Wheat bran, sharps and residues market in Australia and New Zealand

Earlier Report Observations

The market volume for wheat bran, sharps and residues in Australia and New Zealand grew from 593 thousand tons in 2018 to 628 thousand tons in 2023. This overall increase included a notable decline to 542 thousand tons in 2020, followed by a consistent recovery over the subsequent three years.

In value terms, the market expanded more sharply, rising from 112 million US dollars to 156 million US dollars across the same period. The stronger growth in market value, especially evident in 2021 and 2022, indicates changes in average prices or the mix of products traded.

Production wheat bran, sharps and residues in Australia and New Zealand

In kind, 2018-2021, K t

Top producers of wheat bran, sharps and residues, 2018-2021

World map of production of wheat bran, sharps and residues, 2018-2021

Production of wheat bran, sharps and residues in Australia and New Zealand has declined for the second year in a row. In 2021, output reached 630.8 K t, marking a slight decrease of 1.7% compared to the previous year. Looking at the period from 2018 to 2021, production fell by 2.3%, which translates to an average annual decline of 0.8%. The highest production level was recorded in 2019 at 649.2 K t, with the largest year-on-year increase of 0.5% 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

In 2021, the value of wheat bran, sharps and residues production in Australia and New Zealand stood at 140.5 M $ US, representing a significant increase of 17.6% over the previous year. Over the four-year span from 2018 to 2021, production value grew by 21.1%, corresponding to a compound annual growth rate of 6.6%. The most notable drop occurred in 2020, with a decline of 7.4%.

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

Exports wheat bran, sharps and residues from Australia and New Zealand

Exports in kind, K t

The data shows irregular patterns, pointing to a volatile market environment. Exports from Australia and New Zealand hit their lowest point in 2019 at 39.0 K t, then surged to a peak of 115.0 K t in 2020—a 2.9-fold difference between these two years. In 2021, exports totaled 80.2 K t, which was 30.2% lower than in 2020. The sharpest decline was recorded in 2019 at 43.2%, while the largest increase occurred in 2020, jumping by 194.4%.

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

From 2018 to 2021, the export structure in volume terms was primarily influenced by Kuwait and Vietnam, which together accounted for 8.0% of total 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, K $ US

Market behavior during this period was marked by volatility. Export values reached their minimum in 2019 at 7 758 K $ US, then climbed to a peak of 21 394 K $ US in 2020—a 2.8-fold difference. In 2021, the export value for wheat bran, sharps and residues from Australia and New Zealand was 17 865 K $ US, showing a substantial decrease of 16.5% compared to 2020. The most significant drop occurred in 2019, falling by 37.2%, while the largest increase was in 2020, rising by 175.8%.

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

Throughout 2018–2021, Kuwait and Vietnam led the export structure in value terms, jointly holding an 8.4% share of total flows.

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 wheat bran, sharps and residues to Australia and New Zealand

Imports in kind, K t

Market performance during this period exhibited noticeable fluctuations. Imports hit their lowest point in 2019 at 1.3 K t, then peaked in 2018—a 12.4-fold difference between these years. In 2021, import volume for wheat bran, sharps and residues into Australia and New Zealand was 14.4 K t, down by 7.2% year-over-year. The largest decline occurred in 2019, plummeting by 91.9%, while the most dramatic increase was in 2020, soaring by 1 076.1%.

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

From 2018 to 2021, the import structure in volume terms remained highly diversified. Germany (15.4% of imports), Sri Lanka (6.7%), and Poland (5.7%) together accounted for just 27.8% of total flows, with a long tail of smaller markets making up the remaining 72.2%.

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, K $ US

Market performance during this period showed noticeable fluctuations. Import values reached their lowest point in 2019 at 1 264 K $ US, then peaked in 2021—a 6.8-fold difference. In 2021, import value for wheat bran, sharps and residues into Australia and New Zealand was 8 641 K $ US, up by 128.8% compared to the previous year. The largest decline occurred in 2019, dropping by 84.2%, while the biggest increase was in 2020, rising by 198.8%.

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

Throughout 2018–2021, Germany (41.7% of imports), Poland (15.4%), and Sri Lanka (4.3%) formed the core group in the import structure by value, together representing 61.3% of total 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