What is the price of millet per kilogram/pound in Australia today?
The retail price range for Australia millet is between US$ 0.96 and US$ 3.85 per kilogram or between US$ 0.44 and US$ 1.75 per pound(lb). Click here to see today's exact prices of millet in Australia
The retail price range in Australian Dollar for millet is between AUD 1.45 and AUD 5.79 per kilogram or between AUD 0.66 and AUD 2.63 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia millet is between US$ 0.67 and US$ 2.70 per kilogram or between US$ 0.31 and US$ 1.22 per pound(lb).
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Australia Millet Export Prices - Historical, Trends and Prediction
The export price per kilogram of Millet from Australia has seen a steady decline over the last five years. In 2017, the export price was 0.88 US $ per kg, which dropped to 0.07 US $ per kg in 2018. The price then rose to 1.11 US $ per kg in 2019, before dropping to 0.65 US $ per kg in 2020. The export price then increased to 0.95 US $ per kg in 2021 and 0.8 US $ per kg in 2022. Based on this trend, it is predicted that the export price of Millet from Australia will be 0.75 US $ per kg in 2023 and 0.6 US $ per kg in 2024.The millet exports from Australia are categorised as:
- Millet (excluding grain sorghum, and seed for sowing) (HS code 100829)
- Millet (excluding grain sorghum) (HS code 100820)
- Millet seed for sowing (excluding grain sorghum) (HS code 100821)
Australia Millet Import Prices - Historical, Trends and Prediction
The import price per kilogram of Millet into Australia over the last five years has been quite varied. In 2017, the price was 0.88 US dollars per kg, followed by a significant increase to 1.11 US dollars per kg in 2018. This was followed by a peak of 2.35 US dollars per kg in 2019, before dropping to 0.65 US dollars per kg in 2020. The price then rose again to 0.95 US dollars per kg in 2021, before dropping to 0.80 US dollars per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Millet into Australia in 2023 will be around 0.90 US dollars per kg, and in 2024 will be around 0.85 US dollars per kg.Export values for Australia millet
The total values in export for millet in Australia were US$ 1,361, US$ 815, US$ 736 and US$ 404 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Australia: Wheat, Rye, Barley, Oats, Maize, Rice, Sorghum, Buckwheet, Canary seed & Fonio.
See prices of millet in other countries across Oceania: Fiji millet, French Polynesia millet, Guam millet, Micronesia millet, New Caledonia millet, Papua New Guinea millet, Samoa millet, Solomon Islands millet, Tonga millet & Vanuatu millet.
Australia millet - Production, Exports, Imports, Seasons and HS Codes
The volume of millet sold by Australia in 2020 was 5,255 tons. In 2019 Australia exported 172 tonnes of millet. In 2019 alone, the interest in Australia millet (cereals/grains category) has gone down, changing by -74.174 per cent compared to the year 2018. Between 2017 and 2019, millet's exports reduced by -81.47 percent bringing the nation US$0.40m for the year 2019. Australia's millet exports are classified as:
- Millet (excluding grain sorghum) (HS code 100820)
- Millet seed for sowing (excluding grain sorghum) (HS code 100821)
- Millet (excluding grain sorghum, and seed for sowing) (HS code 100829)
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Australia millet export values
In 2019, Australia exported millet worth 0.40m USD, a decrease of -45.65% from 2018's total millet export of 0.736m USD. The yearly reduction in value of Australia millet between 2017 to 2018 was -9.693 per cent.
The yearly variation in the volume of Australia's millet exports between 2017 and 2019 was -81.47 pc in comparison to a variation of -74.174% in the period between 2018 and 2019.
Australia's stake of the world's total millet's exports in 2019 was less than 1%. The country is ranked number 35 in world exports of millet.
Export markets for Australia millet ( in '000$ )
Australia's top destinations for millet are Japan, New Zealand, United Kingdom (UK), South Africa and Thailand.
Import/Export Trends
Australia is a net importer of millet. The annual growth of Australia millet in value between 2015 to 2019 was 62%, per year, while annual growth in quantity was 63%, per annum.
Australia imported 3,422 tonnes of millet in 2019.
Production
The production of millet in Australia was 109,125 tonnes in 2019 and is projected to change by an average of 0.27%. The country had an estimated 107,442.00 hectares under millet cultivation.