Australia and Oceania: Market for Glycosides And Vegetable Alkaloids 2024

Market Size for Glycosides And Vegetable Alkaloids in Australia and Oceania

The glycosides and vegetable alkaloids market in Australia and Oceania soared to $X in 2023, picking up by X% against the previous year. Over the period under review, consumption showed strong growth. The level of consumption peaked in 2023 and is likely to see steady growth in the near future.

Production of Glycosides And Vegetable Alkaloids in Australia and Oceania

In value terms, glycosides and vegetable alkaloids production rose modestly to $X in 2023 estimated in export price. Overall, production saw a strong expansion. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Exports of Glycosides And Vegetable Alkaloids

Exports in Australia and Oceania

In 2023, overseas shipments of glycosides and vegetable alkaloids decreased by X% to X tons, falling for the fourth year in a row after two years of growth. Over the period under review, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

In value terms, glycosides and vegetable alkaloids exports contracted to $X in 2023. Overall, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The level of export peaked at $X in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the two major exporters of glycosides and vegetable alkaloids, namely New Zealand and Australia, represented more than two-thirds of total export.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by New Zealand (with a CAGR of X%).

In value terms, Australia ($X) and New Zealand ($X) appeared to be the countries with the highest levels of exports in 2023.

In terms of the main exporting countries, New Zealand, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2023, the export price in Australia and Oceania amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2023, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%).

Imports of Glycosides And Vegetable Alkaloids

Imports in Australia and Oceania

In 2023, overseas purchases of glycosides and vegetable alkaloids were finally on the rise to reach X tons after three years of decline. In general, imports, however, showed a abrupt descent. The pace of growth was the most pronounced in 2018 when imports increased by X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, glycosides and vegetable alkaloids imports declined significantly to $X in 2023. Over the period under review, imports, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Australia (X tons) was the main importer of glycosides and vegetable alkaloids, achieving X% of total imports. New Zealand (X tons) ranks second in terms of the total imports with a X% share, followed by Fiji (X%).

Imports into Australia decreased at an average annual rate of X% from 2012 to 2023. At the same time, Fiji (X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. By contrast, New Zealand (X%) illustrated a downward trend over the same period. New Zealand (X p.p.) and Fiji (X p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Australia ($X) constitutes the largest market for imported glycosides and vegetable alkaloids in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value in Australia stood at X%. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Fiji (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2023, dropping by X% against the previous year. Overall, the import price saw a slight setback. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2023, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Fiji (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform