Our industry experts in Australia and New Zealand provide analysi...
Our industry experts in Australia and New Zealand provide analysis, specialist knowledge and essential market data unavailable elsewhere, to build the most accurate understanding of current trends and future prospects.
In 2022, construction grappled with rising interest rates and living costs, affecting residential, industrial and commercial sectors. Government commitments to infrastructure drove demand. Despite cost surges, solid demand allowed passing expenses to…
The global agriculture industry recorded moderate positive growth in 2022, mainly driven by high commodity prices and global food inflation. Climate change, natural disasters, rising labour shortages, geopolitical tensions, rising protectionism and…
The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in New Zealand covers production and consumption trends in agricultural commodities, energy…
The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in Australia covers production and consumption trends in agricultural commodities, energy…
New Zealand's population growth is expected to continue, driven by rising immigration and life expectancy. An aging population brings challenges, with an increased old-age dependency ratio predicted. The housing market is seeing declining property…
Value sales of premium and luxury cars remained fairly static at AUD11.3 billion in 2023, owing mainly to the challenges across the macroeconomic and geopolitical landscape. The shortage of new luxury cars available was a bottleneck for the industry.…
Chobani has seen success in the Australian market – set to rank first in flavoured yoghurt with a share of just over 9% in 2023. The brand has been operating in the Australian market since 2017, and finally launched in New Zealand in 2022. Being a…
In 2022, Chobani from Bead Foods Pty Ltd launched a no added sugar yoghurt range, to meet the rising demand for healthier options. Yoghurt is considered a healthy food, containing nutritional benefits such as protein, calcium, and probiotics.…
Private label lines from Foodstuffs and Woolworths have been performing well across multiple dairy categories. Their cheaper price point makes them an appealing choice for customers at a time when household budgets are limited. This has been no…
Plant-based milk has been growing steadily in Australia, maintaining both value and volume growth, when its dairy counterparts have struggled to grow in terms of the latter measure. In a more recent development, the growth of oat milk has also been…
Personal luxury retail value sales rose by 9% in 2023 to reach AUD8.6 billion, supporting growth recorded by leading brand providers, such as Louis Vuitton Australia Pty Ltd and L’Oréal Australia Pty Ltd. 2023 value sales growth was boosted by…
Sales of coffee whiteners are low, and these products are losing favour amongst some consumers, who are moving to alternatives. During the pandemic, more consumers started to make higher quality coffee at home, moving away from instant to using…
Sales of chilled dairy desserts have been declining in volume terms, with consumers making their preferences clear about which types of food they want to purchase. Currently, such desserts are facing strong competition from snacks categories that…
Retail value sales of luxury goods in Australia increased by 5% in 2023 in current terms, amounting to AUD24.3 billion. The post-lockdown period saw a prevailing emphasis on recovery and a resurgence of customary consumer habits, encompassing…
Despite the disruption from the pandemic over the last three years, fine wine/champagne and spirits managed to post steady growth in Australia throughout this period, due to the strong demand for retail products to be enjoyed at home during the…
Tourism levels in Australia showed signs of recovery in 2023, despite the macroeconomic backdrop of high inflation and rising food and fuel costs triggered by the war in Ukraine. This represented an improvement on 2021 and 2022, when restrictions…
The dairy industry is one of the largest producers of carbon emissions in the world, so the onus is on this industry to be amongst the leaders in terms of climate action. To combat the impact of dairy farming on the environment, Fonterra and Nestlé…
The full-fat fresh milk category has seen consistent growth in the last decade, and in 2023 is expected to account for over 70% of overall sales of fresh milk in Australia. Prior to this return to growth, skimmed (fat-free) milk was trending upwards,…
The dairy industry has faced some difficult challenges and obstacles during 2023, with the headlines being inflation and supply issues. Global inflation has been at high levels, and although the Australia/New Zealand region had slightly lower…
The dairy industry has been faced with a combination of challenges throughout 2023, impacting its overall output and performance. Headlining the difficulties has been the high rate of inflation for dairy products. According to the ABS Consumer Price…