New trade insights to benefit AU horticulture exporters
Compiled by market researchers Euromonitor International, the Horticulture Trade Intelligence reports capture insights for key fruit, nut and vegetable products in Australia from January to March 2017.
Hort Innovation chief executive John Lloyd said the information, which will continue to be released quarterly, is a useful tool for Australian exporters and those who aspire to trade.
“This trade performance data will give Australian growers the tools they need to gauge what is happening in markets around the world to identify potential market opportunities and, where necessary, adjust their farm operations and marketing accordingly,” he said.
In the first quarter of 2017 (Q1 2017), New Zealand, China and the US represented the key export destinations for Australian olives and olive oil, receiving over 80 per cent of export volume.
Italy, Spain and Greece were stiff competitors for Australian olive products in all its key export destinations.
Avocados saw a gain in export value of $108,000 in comparison to the same quarter in 2016 (Q1 2016).
Malaysia and Singapore remained the key export destinations for Australian avocados, representing 82 per cent of export volumes.
In vegetables, carrots and turnips accounted for the highest share in overall export volume in Q1 2017, showing a growth in value of 14 per cent and volume of 4 per cent in Q1 2017 from the previous year.
Almonds continue to dominate as Australia’s most exported commodity. In the Netherlands, imports of Australian almond tripled during the first quarter year on year from 2011–2016, reaching 2045 tonnes.
Valued at more than $11 million, almond exports to India rose by 80 per cent in Q1 2017 while exports to Spain recorded the highest growth at 218 per cent compared to Q1 2016.
The reports, which covers 10 different horticulture categories, are available here.
For more information:
Kelly Vorst-Parkes
Tel: +61 0447 304 255
Kelly.vorst-parkes@horticulture.com.au