What is the price of malt extract per kilogram/pound in Australia today?
The retail price range for Australia malt extract is between US$ 9.80 and US$ 14.70 per kilogram or between US$ 4.44 and US$ 6.67 per pound(lb). Click here to see today's exact prices of malt extract in Australia
The retail price range in Australian Dollar for malt extract is between AUD 14.74 and AUD 22.11 per kilogram or between AUD 6.68 and AUD 10.03 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia malt extract is between US$ 6.86 and US$ 10.29 per kilogram or between US$ 3.11 and US$ 4.67 per pound(lb).
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Australia Malt Extract Export Prices - Historical, Trends and Prediction
The export price per kilogram of Malt Extract from Australia has seen a steady decline over the last five years. In 2021, the price was 5.73 US dollars per kilogram, which is a decrease of 1.17 US dollars from the price in 2016. The lowest price was in 2015, when the price was 3.57 US dollars per kilogram. The highest price was in 2020, when the price was 6.20 US dollars per kilogram. The current price is 5.07 US dollars per kilogram. Based on the current trend, it is predicted that the price of Malt Extract in 2023 will be 4.60 US dollars per kilogram and in 2024 will be 4.13 US dollars per kilogram.Australia Malt Extract Import Prices - Historical, Trends and Prediction
The import price per kilogram of Malt Extract into Australia has seen a steady decline over the past five years. In 2012, the price was $4.25, and by 2016, it had dropped to $3.40. In 2017, the price increased slightly to $3.83, before dropping again to $3.53 in 2018. The price then rose to $4.88 in 2019, before reaching its highest point of $6.20 in 2020. In 2021, the price dropped to $5.73, and in 2022, it decreased further to $5.07. Based on this data, it is likely that the import price per kilogram of Malt Extract into Australia will continue to decrease in the next two years. We predict that the price in 2023 will be around $4.50, and in 2024, it will be around $4.00.Export values for Australia malt extract
The total values in export for malt extract in Australia were US$ 288,024, US$ 329,678, US$ 284,461 and US$ 350,395 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Australia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of malt extract in other countries across Oceania: Fiji malt extract, French Polynesia malt extract, Guam malt extract, Micronesia malt extract, New Caledonia malt extract, Papua New Guinea malt extract, Samoa malt extract, Solomon Islands malt extract, Tonga malt extract & Vanuatu malt extract.
Australia malt extract - Production, Exports, Imports, Seasons and HS Codes
The quantity of malt extract exported by Australia in 2020 was 58,595 metric tons. In 2019 Australia exported 71,798 tonnes of malt extract. For 2019 alone, the market for Australia malt extract (processed category) has reduced, changing by -10.798 % compared to the year 2018. Between 2017 and 2019, malt extract's exports decreased by -16.55 pc bringing the country US$350.40m for the year 2019. Australia's malt extract exports are categorised as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
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Australia malt extract export values
In 2019, Australia exported malt extract with a value of 350.40m USD, a growth of 23.18% from 2018's total malt extract export of 284.461m USD. The yearly change in value of Australia malt extract between 2017 to 2018 was -13.716 per cent.
The annual/yearly variation in the volume of Australia's malt extract exports between 2017 and 2019 was -16.55 pc in comparison to a variation of -10.798% in the period between 2018 and 2019.
Australia's stake of the world's total malt extract's exports in 2019 was less than 1%. Australia holds position 12 in world exports of malt extract.
Export markets for Australia malt extract ( in '000$ )
Import/Export Trends
Australia is a net importer of malt extract. The annual growth of Australia malt extract in value between 2015 to 2019 was -10%, per year, while annual growth in quantity through the same period was -14%, per annum.
Australia ordered 22,309 tonnes of malt extract in 2019.