Markets

Australia exports 2.69Mt wheat in July

Liz Wells September 12, 2023

Loading wheat at CBH Group’s Kwinana terminal in WA which has contributed to what is shaping up to be a record year for wheat exports in 2022-23. Photo: CBH Group

AUSTRALIA exported 2,687,824 tonnes of wheat in July, according to the latest export data from the Australian Bureau of Statistics.

This is up 5 percent from 2,558,940t shipped in June, and up 4pc from 2,589,743t exported in July 2022.

The three largest destinations for containerised wheat exports in July 2023 were China on 25,730t, Taiwan on 20,139t and Thailand on 17,130t.

On bulk exports, Indonesia on 625,998t, China on 602,643t and The Philippines on 446,327t were the three largest-volume destinations.

The most recent Lachstock Supply and Demand Report – Wheat issued August 31, Lachstock Consulting estimates Australia’s wheat exports since 1 October 22 at at 25.45 million tonnes (Mt), compared with 20.73Mt over the 2021-22 period.

“If we add the volume that is currently on the stem and allow for some extra vessels to be added in September, we are on track for a record export program of 31.4Mt, easily surpassing last year’s record of 27.6Mt,” the report said.

Lachstock is now forecasting new-crop wheat production at just under 26Mt, while ABARES on Sep 5 cut its forecast to 25.4Mt, down 800,000t from its initial June estimate.

“By the end of the current marketing year, it is estimated that Western Australia will have exported around 12.91Mt, beating last year’s record by 2.86Mt, which is an impressive improvement in export capacity.

“South Australia will have also exported a record volume by the end of September, estimated at 5.98Mt, beating their previous best set in 2016-17 by nearly 1Mt.

“At 5.12Mt, Victoria will have also exported a record volume, up 10pc from last year’s high.

“Volumes out of NSW will be lower than previous years, and Queensland will be just below last year’s record.”

BOXED May June July Tonnes
China 99187 27906 25730 152824
Fiji 0 0 131 131
Hong Kong 273 0 503 776
India 0 1452 1487 2939
Indonesia 16784 15299 11187 43270
Japan 0 0 41 41
Kenya 0 0 288 288
Malaysia 17470 14180 16243 47893
Myanmar 2013 2516 998 5527
New Caledonia 1006 1253 2325 4584
New Zealand 1478 1758 1755 4991
Papua New Guinea 403 340 401 1144
Philippines 39303 13985 13764 67053
Saudi Arabia 378 0 749 1127
Singapore 26400 0 1000 27400
Solomon Islands 747 2750 2736 6234
South Korea 552 552 500 1604
Sri Lanka 0 0 245 245
Taiwan 29097 22550 20139 71786
Tanzania 149 0 9 158
Thailand 26503 16442 17130 60074
UAE 0 288 341 629
UK 2062 1200 1490 4751
Vietnam 15328 18098 8896 42323
TOTAL 279133 140570 128087 547791

Table 1: Australian containerised wheat exports for May, June and July 2023. Source: ABS

BULK May June July Tonnes
Bahrain 0 0 27500 27500
China 690097 104281 602643 1397021
Egypt 0 30508 2450 32958
Fiji 33000 0 37434 70434
India 13640 500 0 14140
Indonesia 390658 493227 625998 1509883
Iraq 104940 265000 105000 474940
Japan 112433 149902 28374 290710
Kuwait 42626 0 74997 117623
Malaysia 44000 73825 27070 144895
Myanmar 28025 50165 36455 114645
New Zealand 70395 47135 75730 193261
Oman 11000 0 0 11000
Papua New Guinea 28500 0 45179 73679
Philippines 194189 193500 446327 834016
South Africa 48691 114220 0 162911
South Korea 369931 134000 187575 691506
Taiwan 302 0 0 302
Thailand 171340 363332 40317 574989
UAE 21879 0 64518 86397
Vietnam 410621 291200 132171 833992
Yemen 187700 107574 0 295274
DURUM
Tunisia 27500 0 0 27500
Vietnam 27500 0 0 27500
TOTAL 3028968 2418370 2559737 8007076

Table 2: Australian bulk wheat exports for May, June and July 2023. Source: ABS

 

 

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