Australia - Malt Extract And Food Preparations Of Flour, Meal, And Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Malt Extract and Food Preparations of Flour, Meal, and Starch in Australia - 2024
Contents:
- Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Australia (FOB) - 2024
- Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Australia (CIF) - 2024
- Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Australia
- Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Australia
Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Australia (FOB) - 2024
In January 2024, the average export price for malt extract and food preparations of flour, meal, and starches amounted to $3,316 per ton, which is down by -25.9% against the previous month. Overall, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in February 2023 an increase of 29% m-o-m. As a result, the export price reached the peak level of $8,731 per ton. From March 2023 to January 2024, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was China ($12,469 per ton), while the average price for exports to the United Arab Emirates ($2,124 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+9.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Australia (CIF) - 2024
In January 2024, the average import price for malt extract and food preparations of flour, meal, and starches amounted to $2,391 per ton, shrinking by -33% against the previous month. In general, the import price continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in November 2023 an increase of 19% month-to-month. Over the period under review, average import prices hit record highs at $3,729 per ton in February 2023; however, from March 2023 to January 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($8,338 per ton), while the price for Thailand ($777 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Germany (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Australia
In 2022, the amount of malt extract and food preparations of flour, meal, and starches exported from Australia contracted notably to 36K tons, which is down by -26.6% compared with 2021 figures. Overall, exports showed a significant curtailment. The smallest decline of -15.5% was in 2021.
In value terms, exports of malt extract and food preparations of flour, meal, and starches contracted remarkably to $180M in 2022. In general, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 2.8% against the previous year. As a result, the exports attained the peak of $350M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
Export of Malt Extract and Food Preparations of Flour, Meal, and Starch in Australia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 180 | 208 | 142 | 61.1 | -30.2% |
United Arab Emirates | 0.2 | 2.0 | 1.2 | 33.0 | 448.5% |
Indonesia | 36.5 | 38.4 | 49.6 | 19.8 | -18.4% |
Vietnam | 9.8 | 15.4 | 14.7 | 17.5 | 21.3% |
New Zealand | 12.9 | 17.5 | 9.4 | 10.1 | -7.8% |
Papua New Guinea | 4.8 | 6.0 | 7.3 | 8.0 | 18.6% |
Philippines | 13.1 | 4.9 | 8.1 | 7.6 | -16.6% |
Malaysia | 14.7 | 18.1 | 10.6 | 6.9 | -22.3% |
Singapore | 4.4 | 3.3 | 6.3 | 1.6 | -28.6% |
Hong Kong SAR | 16.2 | 8.2 | 8.8 | 0.4 | -70.9% |
Nigeria | 32.4 | 7.9 | 0.1 | 0.1 | -85.4% |
Others | 16.0 | 20.5 | 21.1 | 14.3 | -3.7% |
Total | 341 | 350 | 280 | 180 | -19.2% |
Top Export Markets for Malt Extract and Food Preparations of Flour, Meal, and Starch from Australia in 2022:
- United Arab Emirates (10.9K tons)
- Indonesia (5.0K tons)
- China (4.3K tons)
- Philippines (3.0K tons)
- New Zealand (2.5K tons)
- Malaysia (2.2K tons)
- Papua New Guinea (2.0K tons)
- Vietnam (1.2K tons)
- Singapore (0.3K tons)
- Hong Kong SAR (0.1K tons)
Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Australia
After three years of growth, purchases abroad of malt extract and food preparations of flour, meal, and starches decreased by -8.3% to 29K tons in 2022. The total import volume increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 29% against the previous year. As a result, imports attained the peak of 31K tons, and then dropped in the following year.
In value terms, imports of malt extract and food preparations of flour, meal, and starches dropped to $91M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. As a result, imports attained the peak of $105M, and then reduced in the following year.
Import of Malt Extract and Food Preparations of Flour, Meal, and Starch in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 1.9 | 7.6 | 10.0 | 12.4 | 86.9% |
Thailand | 5.7 | 7.1 | 7.7 | 10.2 | 21.4% |
Germany | 11.5 | 16.2 | 20.6 | 9.8 | -5.2% |
Belgium | 4.6 | 5.6 | 7.3 | 8.9 | 24.6% |
United States | 7.8 | 6.6 | 7.4 | 8.6 | 3.3% |
Italy | 3.1 | 3.4 | 6.1 | 7.7 | 35.4% |
New Zealand | 6.7 | 7.9 | 9.8 | 6.2 | -2.6% |
Japan | 0.2 | 0.1 | 0.3 | 5.9 | 209.0% |
Malaysia | 1.2 | 1.3 | 5.1 | 5.4 | 65.1% |
China | 3.2 | 2.9 | 5.9 | 3.9 | 6.8% |
United Kingdom | 5.1 | 5.6 | 6.4 | 3.7 | -10.1% |
Singapore | 10.7 | 3.1 | 0.8 | N/A | -72.7% |
Others | 7.7 | 8.2 | 17.2 | 7.8 | 0.4% |
Total | 69.5 | 75.6 | 105 | 90.5 | 9.2% |
Top Suppliers of Malt Extract and Food Preparations of Flour, Meal, and Starch to Australia in 2022:
- Thailand (5.8K tons)
- Denmark (4.0K tons)
- United States (2.4K tons)
- Japan (2.4K tons)
- Belgium (2.2K tons)
- Italy (2.1K tons)
- Malaysia (2.0K tons)
- China (1.7K tons)
- New Zealand (1.4K tons)
- Germany (1.4K tons)
- United Kingdom (0.9K tons)
This report provides an in-depth analysis of the market for malt extract and food preparations of flour, meal, and starch in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 50 - Malt Extract
- FCL 115 - Food Preparations of Flour, Meal or Malt Extract
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In August 2022, the malt extract and food preparations of flour, meal, and starch price stood at $4,558 per ton (FOB, Australia), jumping by 20% against the previous month.
The price of Baby Food in July 2023 was $17,215 per ton (FOB, Australia), showing a 14% increase compared to the previous month.
Explore the top import markets for baby food and the key statistics of these markets. Know about the countries with the highest import values for baby food, such as China, Saudi Arabia, the United States, and more.
In August 2022, the malt extract and food preparations of flour, meal, and starch price stood at $4,558 per ton (FOB, Australia), jumping by 20% against the previous month.
The price of Baby Food in July 2023 was $17,215 per ton (FOB, Australia), showing a 14% increase compared to the previous month.
Explore the top import markets for baby food and the key statistics of these markets. Know about the countries with the highest import values for baby food, such as China, Saudi Arabia, the United States, and more.