New Zealand: Asparagus Market 2025

Asparagus Market Size in New Zealand

The New Zealand asparagus market fell to $X in 2022, dropping by -7.4% against the previous year. Over the period under review, consumption showed a abrupt decline. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Asparagus Production in New Zealand

In value terms, asparagus production shrank to $X in 2022 estimated in export price. Overall, production showed a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of 57% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average asparagus yield in New Zealand fell slightly to X tons per ha, remaining stable against the year before. In general, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the yield increased by 0.9%. As a result, the yield attained the peak level of X tons per ha. From 2014 to 2022, the growth of the average asparagus yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of asparagus were harvested in New Zealand; approximately mirroring 2021. In general, the harvested area recorded a pronounced decrease. The growth pace was the most rapid in 2017 when the harvested area increased by 24%. The asparagus harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Asparagus Exports

Exports from New Zealand

In 2022, shipments abroad of asparagus was finally on the rise to reach X tons for the first time since 2015, thus ending a six-year declining trend. Over the period under review, exports, however, continue to indicate a sharp slump. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, asparagus exports surged to $X in 2022. In general, exports, however, recorded a dramatic curtailment. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X tons) was the main destination for asparagus exports from New Zealand, accounting for a 66% share of total exports. Moreover, asparagus exports to Singapore exceeded the volume sent to the second major destination, Japan (X tons), fourfold. The third position in this ranking was held by Cook Islands (X tons), with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore amounted to +55.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-33.8% per year) and Cook Islands (+6.4% per year).

In value terms, Singapore ($X) emerged as the key foreign market for asparagus exports from New Zealand, comprising 47% of total exports. The second position in the ranking was taken by Japan ($X), with a 21% share of total exports. It was followed by French Polynesia, with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore stood at +48.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-35.8% per year) and French Polynesia (-4.4% per year).

Export Prices by Country

The average asparagus export price stood at $X per ton in 2022, waning by -15.8% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of 72%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was French Polynesia ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to French Polynesia (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.

Asparagus Imports

Imports into New Zealand

In 2022, asparagus imports into New Zealand reduced dramatically to X tons, which is down by -77.7% compared with the year before. Over the period under review, imports faced a abrupt slump. The pace of growth appeared the most rapid in 2014 when imports increased by 631% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, asparagus imports reduced rapidly to $X in 2022. Overall, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2014 when imports increased by 577% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) was the main supplier of asparagus to New Zealand, with a 97% share of total imports. Moreover, asparagus imports from the United States exceeded the figures recorded by the second-largest supplier, Fiji (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at -9.9%.

In value terms, the United States ($X) constituted the largest supplier of asparagus to New Zealand, comprising 98% of total imports. The second position in the ranking was taken by Fiji ($X), with a 1.8% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States totaled -4.5%.

Import Prices by Country

The average asparagus import price stood at $X per ton in 2022, growing by 79% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Fiji totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.0%).

Source: IndexBox Platform

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