Australia Retail Foods 2022
Health, wellness, and the environment continue to be key purchasing factors for Australian consumers. Portion sizes are increasingly important as consumers want quality over quantity, and they expect packaging to be informative and environmentally responsible. The value of Australian consumer oriented and fish, and seafood imports totaled US$13.6 billion in 2021. The U.S. accounted for US$1.3 billion or 10 percent of Australia’s total food related imports. Despite the effects of COVID-19, Australia’s economy has been recovering relatively quickly, and GDP growth had already returned to pre-COVID levels. The market remains an excellent opportunity for U.S. exporters.