Export

Australian September wheat exports up 56pc from August: ABS

Liz Wells, November 19, 2019

AUSTRALIA exported 920,203 tonnes of wheat in September, up 56 per cent from 591,496t shipped in August, according to the latest data from the Australian Bureau of Statistics (ABS).

A 2017 AEGIC baking workshop in The Philippines. Photo: AEGIC

Bulk shipments in September show a surge in sales to Indonesia, Japan, Malaysia and Vietnam.

While no wheat was shipped to Yemen in August, the destination took 91,000t in September, and this also contributed to the month-on-month increase.

In the boxed market, China was the biggest customer by far, and its buying helped to temper the drop in sales to most major customers.

Market Check head of strategy Nick Crundall said September wheat exports bucked the trend of steadily declining export volumes in the back end of the 2018-19 season.

“Versus the five-year average, September is generally the smallest export month in the post-harvest period, whereas this was the biggest month we’ve seen since May,” he said.

“This was a result of some  of our key offshore consumers stepping up to take some volume and exporters being keen to get rid of old-crop, as there was an inverse to new-crop.”

Vietnam topped the charts in terms of September wheat-export volume, with Indonesia a close second as they buyer of the most Australian wheat it has purchased since December 2018.

“This data finalises the 2018/19 season, and it’ll be the first time in 16 years Indonesia hasn’t been our biggest export home, with The Philippines taking out first place.”

In the container market, ABS figures show volumes have been fairly stable throughout this year, with September tonnage just shy of 100,000t. The big swinger was 46k going to China, which was the second consecutive month of strong relative container exports.

In August and September, China has taken more boxed wheat than in all the other months of the season combined.

“This is an encouraging development, despite the fact we’ve only exported a fraction of our five-year average in 2018/19.”

BULK July Aug Sep Tonnes
Bahrain 3400 0 27500 30900
China 0 0 780 780
Fiji 30000 14000 0 44000
India 0 0 104 104
Indonesia 55500 83055 128425 266980
Japan 81624 49265 83695 214584
Kuwait 45459 44975 38300 128734
Malaysia 28999 30500 47662 107162
Myanmar 0 22000 0 22000
New Zealand 30110 0 73462 103572
Papua New Guinea 0 33985 19580 53565
Philippines 51218 61796 66189 179203
Singapore 18700 0 16500 35200
South Korea 63250 91100 55930 210280
Sri Lanka 27500 0 0 27500
Thailand 0 0 37504 37504
United Arab Emirates 5500 0 0 5500
Vietnam 89220 54130 135680 279030
Yemen 113300 0 91000 204300
TOTAL 643780 484806 822312 1950898

Table 1: ABS data for Australia’s bulk wheat exports in July, August and September 2019.

BOXED July Aug Sep Tonnes
China 22319 41437 45967 109722
Egypt 1023 502 1954 3479
Fiji 2225 3718 3414 9357
French Polynesia 200 0 125 325
India 485 0 0 485
Indonesia 2009 578 0 2587
Japan 705 712 858 2275
Jordan 256 0 0 256
Malaysia 11328 8633 7585 27546
Myanmar 4441 7636 7326 19404
New Caledonia 827 1527 1398 3752
New Zealand 3102 5632 3926 12660
Papua New Guinea 0 1050 2001 3050
Philippines 6030 9169 7179 22379
Saudi Arabia 750 505 1030 2285
Singapore 0 1011 518 1528
Solomon Islands 250 2503 1251 4005
South Korea 459 0 0 459
Sri Lanka 0 0 774 774
Taiwan 4636 706 2499 7841
Tanzania 0 510 0 510
Thailand 9630 9603 4034 23267
UAE 110 0 0 110
United Kingdom 305 0 0 305
Vietnam 17367 11257 6052 34675
TOTAL 88455 106690 97891 293036

Table 2: ABS data for Australia’s boxed wheat exports in July, August and September 2019.

 

 

 

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