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AU: Celery exports increase according to new data

Zoom in font  Zoom out font Published: 2016-03-28  Views: 8
Core Tip: Australian celery exports have risen by more than 172 per cent in three years, according to Global Trade Atlas and Australian Bureau of Statistics data obtained by AusVeg.
Australian celery exports have risen by more than 172 per cent in three years, according to Global Trade Atlas and Australian Bureau of Statistics data obtained by AusVeg.

The figures cover the period 2011-12 to 2014-15.

AUSVEG Economist Andrew Kruup said the rise in the value of celery exports could be partly attributed to the weaker Australian dollar that made imports of the Australian vegetable commodity more attractive to overseas buyers, as well as increased interest in key export markets.

“The export market for Australian fresh celery is experiencing a strong upward trend over the past four years, with an increase in value by over $1.66 million since 2011-12,” Mr Kruup said.

“This large-scale export growth can be partly attributed to the 12.58 per cent decline in the value of the Australian dollar over the same period.”

Malaysia and Singapore are Australia’s largest export markets for fresh celery, holding a combined 84.87 per cent share of exports for 2014-15.

Projections published recently by ABARES show overall vegetable exports will continue to grow by a further $126 million until 2020-21.

“The future outlook for the Australian vegetable industry looks positive,” Mr Kruup said.

“Expanding export markets and reducing on-farm costs are important ways to ensure our industry remains economically viable against global competitors.”
 
 
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