Preserved Tomato Market Overview in Australia and Oceania
In value terms, preserved tomato production shrank to $ in estimated in export prices. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in 2018; however, from 2019 to , production stood at a somewhat lower figure.
Australia ( tonnes) constituted the country with the largest volume of preserved tomato production, comprising approx. % of total volume. Moreover, preserved tomato production in Australia exceeded the figures recorded by the second-largest producer, Papua New Guinea ( tonnes), fourfold.
In Australia, preserved tomato production remained relatively stable over the period from 2007-. The remaining producing countries recorded the following average annual rates of production growth: Papua New Guinea (+% per year) and New Zealand (-% per year).
The value of the preserved tomato market in Australia and Oceania surged to $ in , with an increase of % 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). The total consumption indicated measured growth from 2007 to : its value increased at an average annual rate of +% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2016 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
From 2007 to , the average annual rate of growth in terms of volume in Australia totaled +%. The remaining consuming countries recorded the following average annual rates of consumption growth: New Zealand (+% per year) and Papua New Guinea (+% per year).
In value terms, Australia ($) led the market, alone. The second position in the ranking was occupied by Papua New Guinea ($).
From 2007 to , the average annual rate of growth in terms of value in Australia totaled +%. The remaining consuming countries recorded the following average annual rates of market growth: Papua New Guinea (+% per year) and New Zealand (+% per year).
The countries with the highest levels of preserved tomato per capita consumption in were Australia ( kg per person), New Zealand ( kg per person) and Papua New Guinea ( kg per person).
From 2007 to , the most notable rate of growth in terms of preserved tomato per capita consumption, amongst the leading consuming countries, was attained by Australia, while preserved tomato per capita consumption for the other leaders experienced a decline in the per capita consumption figures.