The import of fresh berries to Australia has shown a generally upward trend from 2013 to 2023, with values rising from 62.947 million USD in 2013 to 91.494 million USD in 2023. The highest year-on-year increase occurred in 2016 at 20.71%, showcasing a strong recovery after a dip in 2015. By contrast, year-on-year growth from 2022 to 2023 was a modest 2.73%. The 5-year compound annual growth rate (CAGR) leading up to 2023 was 2.52%, indicating overall moderate growth. Looking ahead, forecasted data from 2024 to 2028 suggest an average annual growth rate of 1.86%, reaching 102.95 million USD by 2028.
Future trends to watch for:
- Potential impacts of trade policies on import levels.
- Changing consumer preferences towards healthier food options.
- Market fluctuations and disruptions in global supply chains.
