In 2023, the nuts import volume in Australia stood at 47.0 thousand metric tons. The forecast data for subsequent years indicate a gradual increase, with volumes expected to reach 48.0 thousand metric tons in 2024, 49.0 thousand metric tons in 2025, 49.0 thousand metric tons in 2026, 49.0 thousand metric tons in 2027, and finally 50.0 thousand metric tons in 2028.
Year-on-Year Variation (YoY%) for the Immediate Two Years:
- 2023-2024: +2.1%
- 2024-2025: +2.1%
Compound Annual Growth Rate (CAGR) over the Five-Year Forecast Period:
- 2023-2028: +1.2%
Throughout these years, the volume of nuts imports is projected to experience a steady, albeit modest, growth. The overall CAGR of 1.2% suggests a consistent pattern of incremental increase.
Future Trends to Watch:
- Potential impact of domestic production changes on import volumes.
- Shifts in consumer preferences towards health-conscious and specialty nuts.
- Trade policies and tariffs influencing import costs and volumes.
- Supply chain developments and their effect on import logistics and timelines.