Australian Organic Connect | Issue 6 | Winter 2021

Page 6

Organic

MARKET REPORT’S ROARING SUCCESS STORY

Australian Organic Limited’s (AOL) Australian Organic Market Report 2021 has revealed an opportunityladen and growth filled future for organic producers, with the industry predicted to develop into an AUD $3.9 billion sector in the next five years. AOL Chief Executive Officer, Niki Ford, said this year’s report, which has adopted a more robust research methodology in collaboration with the University of Melbourne and research partners Euromonitor International, Mobium Group and NielsenIQ, showcased not only the industry’s resilience during the global pandemic, but its potential to secure increasing market share. “The Australian organic industry already contributes more than $2 billion to the national economy annually, and has continued to thrive during the past two years despite unprecedented natural disasters and COVID-19,” Ms Ford said. “As an industry, we are prospering and making a growing contribution to the value of farm gate production, which the broader agricultural sector is working towards being $100 billion by 2030.” Ms Ford said off-shore organic markets were continuing to build momentum and the global value of sales had leapt by more than 13%. “For exporters, the future is looking bright as high growth rates for organic were seen in key markets such as North America (16%) and Western Europe

(9%), and even in developing regions such as Asia Pacific (12%),” she said. “If you look at just the US market alone, which remained our biggest trading nation in 2020, forecasts predict the value of organic retail sales will reach AUD $31.6 billion by 2025.” But Australian organic producers are not the only ones stepping up to meet rising global demand. The Australian Organic Market Report 2021 showed there were 3.1 million recorded organic producers throughout the world – a significant increase from 200,000 in 1999. However, Ms Ford said she was confident the Australian industry was ideally positioned to capture

Australian Organic Export Market

62

Australian organic exporters continued to successfully reach 62 international markets during 2020

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NEWS AUSTRALIAN ORGANIC CONNECT

USA

The USA remained Australia’s top trading nation, accounting for 33% of total exports in 2020

North America, Asia & Oceania Were the top three regions for Australian organic exports in terms of total export tonnage in 2020


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