Markets

Australia’s August wheat exports drop 3pc

Liz Wells, October 7, 2022

NSW Minister for Regional Transport and Roads Sam Farraway and NSW Ports CEO Marika Calfas at Port Kembla, one of NSW’s two bulk grain ports. Photo: NSW Ports

AUSTRALIA exported 2,515,031 tonnes of wheat in August, down 3 per cent from the 2,583,590t shipped in July, according to the latest data from the Australian Bureau of Statistics (ABS).

In the boxed market, Vietnam on 51,365t was the biggest buyer, followed by Taiwan on 37,720t and Malaysia on 28,802t.

In the bulk market, the largest-volume destination was Indonesia on 419,220t followed by The Philippines on 411,496t and China on 298,810t.

The China figure is less than half that of the previous month, and is likely a reflection of Black Sea wheat hitting the market.

According to Lachstock Consulting’s Australian Export Vessels Lineup summary released October 5, the September bulk-shipment figure is likely to dip below 2 million tonnes (Mt) in both September and October.

Volume is expected to surge in November on new-crop availability.

While big carry-outs in New South Wales and Western Australia are the buffer for wheat exporters should rain delay harvest, stocks in South Australia especially are low, and will kick once its harvest gets under way in earnest next month, weather permitting.

 

BOXED June July Aug Tonnes
China 1587 4838 8294 14719
Fiji 0 0 599 599
French Polynesia 248 0 0 248
Hong Kong 269 274 275 818
Indonesia 66337 6282 24950 97569
Japan 771 0 0 771
Malaysia 13995 20916 28802 63712
Myanmar 745 2913 1629 5287
New Caledonia 3040 3242 2733 9015
New Zealand 3019 1957 2737 7713
Papua New Guinea 653 1222 250 2125
Philippines 12397 4679 8554 25630
Singapore 770 1725 0 2495
Solomon Islands 1644 1504 1518 4666
South Korea 7580 2877 1883 12340
Taiwan 31076 37371 37720 106168
Thailand 22122 25331 26138 73592
UK 925 486 977 2388
Vietnam 42389 35788 51365 129542
DURUM
China 1006 0 1004 2010
Malaysia 0 1 0 1
Taiwan 4 525 0 529
TOTAL 210577 151930 199427 561935

Table 1: Australian containerised wheat and durum exports for June, July and August 2022. Source: ABS

BULK June July Aug Tonnes
Bahrain 24461 0 0 24461
Bangladesh 50000 0 0 50000
Burundi 4000 0 0 4000
China 661409 687468 298810 1647687
Egypt 60500 0 0 60500
Fiji 28380 0 11000 39380
Indonesia 251867 381416 419220 1052503
Iran 66002 0 0 66002
Iraq 33000 10939 18055 61995
Japan 71200 104291 106886 282377
Kenya 129294 39500 30493 199287
Kuwait 44000 0 88987 132987
Malaysia 26889 87980 50700 165569
Mauritius 40850 0 0 40850
Mozambique 50680 0 0 50680
Myanmar 24 0 0 24
New Zealand 11344 69132 67954 148430
Oman 66000 31440 30346 127786
Papua New Guinea 26070 0 48557 74627
Philippines 186672 303817 411496 901985
Rwanda 5419 1000 0 6419
Singapore 0 0 16500 16500
South Africa 102802 55000 47635 205437
South Korea 137500 168569 171380 477449
Sudan 33000 32999 59549 125549
Taiwan 757 500 0 1257
Tanzania 16 0 0 16
Thailand 62777 44465 56988 164230
Uganda 14500 14500 26507 55507
Vietnam 174932 344892 270600 790424
Yemen 135616 53752 29150 218518
DURUM
Italy 0 0 54790 54790
TOTAL 2499960 2431660 2315604 7247223

Table 2: Australian bulk wheat and durum exports for June, July and August 2022. Source: ABS

 

Grain Central: Get our free news straight to your inbox – Click here

 

HAVE YOUR SAY

Your email address will not be published.

Your comment will not appear until it has been moderated.
Contributions that contravene our Comments Policy will not be published.

Comments

Get Grain Central's news headlines emailed to you -
FREE!