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Exports in Australia decreased to 44075 AUD Million in April from 45141 AUD Million in March of 2025. This dataset provides the latest reported value for - Australia Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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The price of Zinc in May 2023 was $2,957 per ton (FOB, Australia), experiencing a decrease of -6.7% compared to the previous month.
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The Department of Agriculture and Water Resources is currently redesigning its cost recovery arrangements for export certification services. The Cost Recovery Taskforce requested that ABARES analyse the effect of full cost recovery of the cost of export certification services on the competitiveness of Australian agricultural exports. The report: • estimates how full cost recovery affects the value of Australia's agricultural and fisheries exports • considers the farm-gate impact of exporters passing costs on to producers under a range of scenarios • investigates cost recovery arrangements in competitor countries for major export commodities. Key Issues
ABARES modelling and analysis indicates that full recovery of the department's export certification costs has a small impact on the value of agricultural exports - less than 1 per cent for each of the export commodities considered. • The largest reduction in value occurs in beef and sheep meat exports, which are estimated to decrease by 0.79 per cent and 0.54 per cent, respectively. Beef and sheep meat exports have the highest industry cost of export certification relative to the value of exports. ABARES modelling also indicates that export certification charges have a small impact on farm gate receipts. • Livestock producers' farm gate receipts are estimated to fall between 0.57 and 0.74 per cent. In dollar terms, the impacts range from about $1509 for a typical sheep farm to about $2440 for a typical sheep-beef farm. • Cropping and dairy producers' farm gate receipts are estimated to fall by up to 0.23 per cent. In dollar terms, the impacts range from about $648 for a typical dairy farm to $1884 for a typical wheat and other crops farm. • Horticulture farm receipts for macadamia, almond and orange producers are estimated to fall between 0.11 and 0.28 per cent, based on the average volume of product grown per farm. In dollar terms, the impacts range from $425 for a macadamia farmer and $2415 for an almond farmer, based on the average volume of product grown per farm. • Horticulture farm receipts for table grape producers are estimated to fall by 0.38 per cent ($1636) based on the average volume of product grown per farm. ABARES investigated the cost recovery arrangements of Canada, Chile, Germany, Ireland, the Netherlands, New Zealand, Poland, Thailand and the United States. • All these countries have arrangements in place to recover some or all of the costs of providing export certification services.
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The price of Carrot And Turnip in June 2023 remained stable at $609 per ton (FOB, Australia) compared to the previous month.
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Overview
The March edition of Agricultural commodities contains ABARES' latest outlook for Australia's key agricultural commodities to 2022-23. The report provides commodity production and export forecasts.
It also includes articles and boxes that cover: Farm performance - broadacre and dairy farms; Australia's competitiveness in the fresh produce export market; Changes to China's grain policy; The Peru FTA; Market diversity of Australian wine exports; and, Trends in Australian cotton and horticulture production.
Key Issues
Commodity production forecasts • The gross value of farm production is forecast to decline by 5 per cent to $59 billion in 2017-18, reflecting an assumed return to average seasonal conditions, before increasing by 3 per cent to $61 billion in 2018-19. ◦ The gross value of farm production nevertheless remains high. If realised, the forecast value of farm production in 2018-19 would be around 11 per cent higher than the average of $55 billion over the five years to 2016-17. ◦ The gross value of farm production is forecast to grow steadily over the outlook period to around $63 billion by 2022-23 (in 2017-18 dollars). Strong demand for livestock and some horticultural products, and improved productivity in cropping, are expected to support growth.
• The gross value of livestock production is forecast to increase by around 3 per cent to $29.6 billion in 2018-19, following a forecast increase of 2 per cent in 2017-18. ◦ The value of lamb, wool and dairy production is forecast to contribute strongly to growth in the value of livestock production in 2018-19 (as in 2017-18), driven by strong export demand (particularly from China). ◦ The value of beef and veal production is forecast to fall slightly, as a decline in export prices offsets an increase in the volume of beef produced. Despite the fall in price, returns are well above the historical average and supportive of farm profitability.
• The gross value of crop production is forecast to increase by 3 per cent to $31 billion in 2018-19, after a forecast decline of 11 per cent in 2017-18. ◦ The decline in 2017-18 follows record production of wheat, barley and canola in 2016-17 due to very favourable seasonal conditions during winter and spring. ◦ In 2018-19 the value of wheat, coarse grains and canola production is forecast to underpin growth in the value of total crop production. Wheat yields are assumed to improve (and to be around trend) following the frosts, above average temperatures and dry conditions during the winter of 2017. Area planted to coarse grains is forecast to increase due to strong global demand for feed and rotational constraints to planting pulses. Canola production is expected to increase as prices become comparatively favourable to the low coarse grain and falling pulse prices.
Commodity export forecasts • Export earnings from farm commodities are forecast to be $48.5 billion in 2018-19, slightly higher than the forecast $47 billion in 2017-18. • Export earnings for fisheries products are forecast to increase by 1 per cent in 2018-19 to $1.5 billion, after increasing by a forecast 5 per cent in 2017-18. • In 2018-19 export earnings are forecast to rise for canola (22 per cent), cotton (17 per cent), barley (12 per cent), lamb (9 per cent), wool (7 per cent), wheat (6 per cent), rock lobster (4 per cent) and live feeder/slaughter cattle (1 per cent). ◦ Forecast higher prices are a strong contributor to growth in export earnings. In Australian dollar terms, export prices of cotton (11 per cent), wheat (9 per cent), wool (4 per cent), barley (4 per cent), mutton (4 per cent), rock lobster (3 per cent), lamb (2 per cent) and cheese (1 per cent) are forecast to increase in 2018-19.
• Export earnings are forecast to decline in 2018-19 for chickpeas (54 per cent), sugar (11 per cent) and wine (2 per cent). Export earnings for beef and veal, cheese and mutton are forecast to be unchanged. ◦ The decline in export earnings for these commodities is driven by a fall in export prices. Prices for chickpeas (27 per cent), sugar (11 per cent) and wine (2 per cent) are forecast to fall due to increasing global supply and competition. Prices for beef and veal (3 per cent), live feeder/slaughter cattle (3 per cent) and canola (1 per cent) are also forecast to decline.
• In 2022-23 the value of farm exports is projected to be around $49.6 billion (in 2017-18 dollars), 8 per cent higher than the average of $46 billion over the five years to 2016-17 in real terms. ◦ The value of crop exports is projected to be $25.2 billion in 2022-23 (in 2017-18 dollars), 2.4 per cent higher than the average of $24.6 billion over the five years to 2016-17 in real terms. The value of livestock exports is projected to be $24.4 billion in 2022-23 (in 2017-18 dollars), 15 per cent higher than the average of $21 billion over the five years to 2016-17 in real terms.
Assumptions underlying this set of commodity forecasts
Forecasts of commodity production and exports are based on global and domestic demand and supply assumptions.
• On the demand side, stronger world economic growth will translate to higher per person incomes in most of Australia's export markets, supporting stronger demand. ◦ World economic growth is assumed to be 3.7 per cent in 2018 and 2019. From 2020 to 2023 economic growth is assumed to average 3.6 per cent. ◦ Economic growth in Australia is assumed to be 3 per cent in 2018-19 and over the medium term to 2022-23. ◦ The Australian dollar is assumed to average US76 cents in 2018-19, slightly lower than the forecast average of US78 cents in 2017-18. It is assumed to depreciate further to US74 cents in 2019-20 and remain at that level over the outlook period.
• On the supply side, agricultural production is assumed to be consistent with average seasonal conditions in Australia and globally. ◦ Seasonal conditions have significant implications for crop yields and livestock production cycles.
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ABARES latest outlook for Australia's key agricultural commodities in 2014-15, which updates the forecasts ABARES released in September 2014.
Commodity forecasts
• Earnings from farm exports are forecast to fall by 8.6 per cent in 2014-15 to around $37.6 billion. At this forecast level, export earnings in 2014-15 would be around 4 per cent above the average of $36.2 billion over the past decade to 2013-14 in real terms.
• The forecast fall in farm export earnings largely reflects expected falls in earnings from cotton (down 37 per cent), barley (36 per cent), canola (44 per cent), wheat (10 per cent) and dairy (20 per cent).
• Export earnings are forecast to increase for beef and veal (up 6 per cent), lamb (12 per cent), sugar (7 per cent), live feeder/slaughter cattle (5 per cent) and live sheep (62 per cent).
• Earnings from crop exports are forecast to fall by 15.2 per cent to $19.3 billion in 2014-15, following a decline of 1.4 per cent in the previous year.
• Export earnings from livestock and livestock products are forecast to fall slightly to $18.3 billion in 2014-15, following an increase of 22.6 per cent in the previous year.
• Export earnings from fisheries products are forecast to increase by 3.3 per cent in 2014-15 to around $1.3 billion, following an increase of 11 per cent in 2013-14.
• The index of unit export returns for Australian farm exports is forecast to decline by 1.8 per cent in 2014-15, following a rise of 7.4 per cent in 2013-14.
• Higher export prices are forecast for beef, sheep meat and wine in 2014-15, while export prices of wheat, barley, cotton and dairy products are forecast to decline.
• The gross value of farm production is forecast to fall by 5 per cent in 2014-15 to about $50.7 billion, following an estimated increase of 10 per cent to $53.4 billion in 2013-14.
• The volume index of farm production is forecast to decrease by 5.9 per cent in 2014-15, following an estimated rise of 5.5 per cent in 2013-14.
In the 2024 financial year, wine exports from Australia to the United Kingdom amounted to over *** million Australian dollars, making it the leading export destination for Australian wine. The value of wine exports to China, formerly the leading export destination for Australian wine, plummeted to around **** million Australian dollars in the 2023 financial year, a substantial change from 2019 figures, in which the export value was over ***********. In 2024, China ranked second, with an export value of around *** million Australian dollars.
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The most significant growth rate occurred in May 2023, with a month-to-month increase of 194% in exports. In terms of value, Coffee Substitutes exports experienced a significant decrease to $104K in October 2023.
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Australia's mining and energy export earnings are expected to drop by 6% this financial year, primarily due to lower prices for key commodities like iron ore.
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Animal Feed imports reached a peak of 111K tons in 2020 but saw a decrease in momentum from 2021 to 2023, with imports falling to $190M in value terms.
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From 2018 to 2024, the exports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides did not see a significant increase in growth. However, in terms of value, these exports rose notably to $58M in 2024.
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Spodumene concentrate (lithium ore) has become by far the dominant product in the industry over recent years. Spodumene concentrate is still mainly exported to China for further processing, but major mining firms have started using it domestically to refine lithium hydroxide. Given lithium's importance for battery manufacturing, many downstream buyers stockpiled lithium, prompting a spike in world prices. Skyrocketing spodumene concentrate prices fuelled revenue and profitability growth over the two years through 2022-23. This historic price surge prompted miners to boost output and capitalise on favourable market conditions, causing a wave of lithium supply to flood the market, which led to an oversupply issue. Due to the supply surge, prices started to normalise during 2023 and have plummeted over the two years through 2024-25. Softer lithium prices have prompted aggressive cost-cutting initiatives. Some producers, like Mineral Resources, are scaling back their production targets and investment strategies to maintain profitability, while some smaller miners have suspended operations entirely. Although prices have receded and are set to remain weak in 2024-25, they remain well above 2019-20 levels. Higher prices coupled with an overall climb in domestic production are why revenue is anticipated to have soared at an annualised 18.1% over the five years through 2024-25, to $5.4 billion, including a 52.3% plummet in 2024-25. Exports are expected to generate more than 80% of revenue in 2024-25, a share that has soared over the past decade as lithium concentrates dominate the market. Even so, mining firms will increasingly transfer products to domestic refining to produce lithium hydroxide over the coming years. This will mostly be performed by vertically integrated mining companies, with the value estimated as an intra-company transaction. This trend will cut into lithium export revenue, as lithium hydroxide exports are accounted for in the Gold and Other Non-ferrous Metal Processing industry. Domestic refining initiatives and growing non-lithium projects are poised to constrain lithium exports over the coming years. Recent price volatility and weak market conditions have halted newer projects, as demonstrated by the closure and paused expansions at the Tianqi Kwinana facility in January 2025. New non-lithium projects like the Paradise South operation and the Mardie Salt and Potash Project will support export revenue, limiting revenue declines attributable to the low lithium prices. Revenue is forecast to weaken at an annualised 0.4% over the five years through 2029-30, to $5.3 billion.
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Natural gas fell to 3.01 USD/MMBtu on July 31, 2025, down 1.25% from the previous day. Over the past month, Natural gas's price has fallen 11.95%, but it is still 52.78% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on July of 2025.
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The global portable buffet and drop-in ranges and drop-in ranges market was valued at US$ 868.2 million in 2023 and is projected to exhibit a CAGR of 6.5% from 2023 to 2033. By the end of the said forecast period, a valuation of US$ 1,629.7 million is expected.
Data Points | Key Statistics |
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Estimated Base Year Value (2022) | US$ 815.2 Million |
Expected Market Value (2023) | US$ 868.2 Million |
Anticipated Forecast Value (2033) | US$ 1,629.7 Million |
Projected Growth Rate (2023 to 2033) | 6.5% CAGR |
Report Scope
Report Attribute | Details |
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Market Value in 2023 | US$ 868.2 Million |
Market Value in 2033 | US$ 1,629.7 Million |
Growth Rate | CAGR of 6.50% from 2023 to 2033 |
Base Year for Estimation | 2023 |
Historical Data | 2018 to 2033 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in US$ Billion and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered |
|
Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
|
Customization | Available Upon Request |
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Credit report of H J Hides Skins Australia P L 9 11 Plummer Road Laverton North contains unique and detailed export import market intelligence with it's phone, email, Linkedin and details of each import and export shipment like product, quantity, price, buyer, supplier names, country and date of shipment.
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Urea imports peaked at 3.7M tons before decreasing in the subsequent year. The value of urea imports drastically fell to $1.2B in 2023.
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In June 2023, the price of Chick Peas was $74.9 per ton (FOB, Australia), experiencing a decrease of -84.7% compared to the previous month.
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Grape Must exports peaked at 374K litres in 2013 but saw a decline from 2014 to 2023, with exports remaining at a lower figure. In value terms, Grape Must exports rapidly declined to $816K in 2023.
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Tin Ore exports reached a peak of 20K tons in 2021 but declined in the following years. The value of tin ores and concentrates exports also dropped significantly to $217M in 2023.
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During the period analyzed, Cane Molasses exports reached a peak of 594K tons in 2017. However, from 2018 to 2024, the exports consistently remained at a lower level. In terms of value, Cane Molasses exports sharply decreased to $50M in 2024.
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Exports in Australia decreased to 44075 AUD Million in April from 45141 AUD Million in March of 2025. This dataset provides the latest reported value for - Australia Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.