| Product Code: ETC020575 | Publication Date: Oct 2020 | Updated Date: Jan 2026 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In the Australia vegetable oils market, the import trend showed a growth rate of 4.85% from 2023 to 2024, with a compound annual growth rate (CAGR) of 4.26% for the period 2020-2024. This positive import momentum can be attributed to a consistent demand shift towards healthier cooking oils and stable market conditions.

The vegetable oils market in Australia is witnessing steady growth, driven by the increasing demand for healthier cooking oils and ingredients in the food industry. Vegetable oils, such as olive, sunflower, and canola oil, are preferred over animal fats due to their lower saturated fat content and perceived health benefits. Manufacturers are focusing on product innovation, packaging advancements, and sustainable sourcing practices to meet consumer expectations and regulatory requirements.
The versatility of vegetable oils in culinary applications, coupled with growing health consciousness, is driving their demand in Australia. These oils are used in cooking, baking, and salad dressings, offering a healthier alternative to traditional cooking oils.
Fluctuating prices of vegetable oil commodities, influenced by factors such as weather conditions, geopolitical tensions, and currency fluctuations, pose challenges to market players in terms of cost management and supply chain stability. Additionally, concerns over the environmental impact of vegetable oil production raise sustainability challenges for the industry.
Government policies in the vegetable oils market aim to ensure a stable supply of high-quality oils while promoting sustainability and environmental conservation. This includes measures to support domestic oilseed production, regulate imports to maintain market stability, and incentivize investment in technologies for oil extraction and refining that reduce environmental impact.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Vegetable oils Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Vegetable oils Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Vegetable oils Market - Industry Life Cycle |
3.4 Australia Vegetable oils Market - Porter's Five Forces |
3.5 Australia Vegetable oils Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Australia Vegetable oils Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Australia Vegetable oils Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of vegetable oils |
4.2.2 Growing demand for plant-based and natural products |
4.2.3 Rising adoption of vegetable oils in food processing industry for healthier products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Competition from other types of oils like olive oil and coconut oil |
4.3.3 Regulatory challenges related to labeling and health claims for vegetable oils |
5 Australia Vegetable oils Market Trends |
6 Australia Vegetable oils Market, By Types |
6.1 Australia Vegetable oils Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Australia Vegetable oils Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Australia Vegetable oils Market Revenues & Volume, By Palm Oil, 2021-2031F |
6.1.4 Australia Vegetable oils Market Revenues & Volume, By Soybean Oil, 2021-2031F |
6.1.5 Australia Vegetable oils Market Revenues & Volume, By Rapeseed Oil, 2021-2031F |
6.1.6 Australia Vegetable oils Market Revenues & Volume, By Sunflower Oil, 2021-2031F |
6.1.7 Australia Vegetable oils Market Revenues & Volume, By Olive Oil, 2021-2031F |
6.1.8 Australia Vegetable oils Market Revenues & Volume, By Others, 2021-2031F |
6.2 Australia Vegetable oils Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Australia Vegetable oils Market Revenues & Volume, By Food, 2021-2031F |
6.2.3 Australia Vegetable oils Market Revenues & Volume, By Feed, 2021-2031F |
6.2.4 Australia Vegetable oils Market Revenues & Volume, By Industrial, 2021-2031F |
7 Australia Vegetable oils Market Import-Export Trade Statistics |
7.1 Australia Vegetable oils Market Export to Major Countries |
7.2 Australia Vegetable oils Market Imports from Major Countries |
8 Australia Vegetable oils Market Key Performance Indicators |
8.1 Consumer adoption rate of vegetable oils in cooking and food products |
8.2 Number of new product launches containing vegetable oils |
8.3 Percentage of market share held by vegetable oils in the cooking oil segment |
8.4 Average price per unit of vegetable oils sold |
8.5 Growth rate of health-focused food companies using vegetable oils in their products |
9 Australia Vegetable oils Market - Opportunity Assessment |
9.1 Australia Vegetable oils Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Australia Vegetable oils Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Australia Vegetable oils Market - Competitive Landscape |
10.1 Australia Vegetable oils Market Revenue Share, By Companies, 2024 |
10.2 Australia Vegetable oils Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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