Aussie table grape exports dip but values remain, says Rabobank report

Published 2024년 11월 7일

Tridge summary

In 2024, Australian table grape exports declined by 19% due to reduced demand from China, now a net exporter, alongside India. Despite lower volumes, export values rose by 7% to $4.49/kg, with increased imports from Indonesia and South Korea, but decreased exports to Vietnam and Thailand. The removal of varietal restrictions for Japan is expected to boost future exports. Domestic consumption in Australia grew by over 10%. Global grape trade faced challenges from adverse weather, but recovery is anticipated next season. Efforts to improve market access and traceability for Australian grapes are supported by government funding. Additionally, industries affected by extreme weather and other challenges are showing signs of recovery, with orchard renovations and new proprietary varieties expected to boost exports in the coming years.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The shine may be coming off one of horticulture's stellar export performers with research suggesting Australian table grape export volumes experienced a decline this season. Rabobank's Table Grape Update 2024, released in September, says exports of table grapes were down 19 per cent for the 2024 season. One of the main reasons given is due to lower demand from China, which it says has been consistently decreasing its imports. In fact, China is growing more table grapes than ever before with China and India becoming more significant in global table grape trade, transitioning from net importers to net exporters, according to the Rabobank report. Their joint export volumes increased by 183 per cent over 10 seasons, accounting for 19pc of global exports in 2023/24. Report co-author, RaboResearch analyst Pia Piggott said volumes to China were down by 29 per cent year-on-year. Exports also recorded significant declines to Vietnam (down 49pc) and Thailand (down by 38pc). "Indonesia ...

Source: Farmweekly