Persimmon Market Overview in Australia
In value terms, persimmon production contracted to $ in 2019 estimated in export prices. The total output value increased at an average annual rate of +% from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2018 with an increase of % against the previous year. As a result, production reached the peak level of $, and then contracted in the following year.
The average yield of persimmons in Australia reduced modestly to tonnes per ha in 2019, standing approx. at 2018 figures. In general, the yield saw a slight contraction. The growth pace was the most rapid in 2014 when the yield increased by % y-o-y. The persimmon yield peaked at tonnes per ha in 2007; however, from 2008 to 2019, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The persimmon harvested area in Australia reached ha in 2019, approximately mirroring the year before. The harvested area increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2012 when the harvested area increased by % year-to-year. The persimmon harvested area peaked in 2019 and is likely to see steady growth in the immediate term.
The revenue of the persimmon market in Australia expanded slightly to $ in 2019, picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated measured growth from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of % year-to-year. Over the period under review, the market reached the peak level at $ in 2014; however, from 2015 to 2019, consumption failed to regain the momentum.