New Zealand: Beer Market 2024

Beer Market Size in New Zealand

The New Zealand beer market rose slightly to $X in 2022, surging by 2.3% against the previous year. The market value increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Beer Production in New Zealand

In value terms, beer production dropped to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 10% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Beer Exports

Exports from New Zealand

In 2022, overseas shipments of beer decreased by -18.2% to X tons, falling for the fourth consecutive year after two years of growth. Overall, exports recorded a abrupt contraction. The growth pace was the most rapid in 2018 when exports increased by 172%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, beer exports declined to $X in 2022. In general, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 13%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Australia (X tons) was the main destination for beer exports from New Zealand, accounting for a 67% share of total exports. Moreover, beer exports to Australia exceeded the volume sent to the second major destination, Cook Islands (X tons), eightfold. China (X tons) ranked third in terms of total exports with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia amounted to -9.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cook Islands (+2.6% per year) and China (+13.2% per year).

In value terms, Australia ($X) remains the key foreign market for beer exports from New Zealand, comprising 67% of total exports. The second position in the ranking was taken by Cook Islands ($X), with an 8.9% share of total exports. It was followed by China, with a 7.1% share.

From 2012 to 2022, the average annual growth rate of value to Australia stood at -7.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cook Islands (+2.7% per year) and China (+15.2% per year).

Export Prices by Country

In 2022, the average beer export price amounted to $X per ton, with an increase of 5.7% against the previous year. Overall, the export price recorded slight growth. The most prominent rate of growth was recorded in 2015 an increase of 182%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Cook Islands ($X per ton) and Australia ($X per ton), while the average price for exports to China ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to American Samoa (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Beer Imports

Imports into New Zealand

In 2022, the amount of beer imported into New Zealand expanded remarkably to X tons, growing by 6.2% compared with the year before. The total import volume increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of 18% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, beer imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Mexico (X tons) constituted the largest supplier of beer to New Zealand, accounting for a 51% share of total imports. Moreover, beer imports from Mexico exceeded the figures recorded by the second-largest supplier, Australia (X tons), threefold. The Netherlands (X tons) ranked third in terms of total imports with a 9.6% share.

From 2012 to 2022, the average annual growth rate of volume from Mexico stood at +7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-3.3% per year) and the Netherlands (+5.2% per year).

In value terms, Mexico ($X) constituted the largest supplier of beer to New Zealand, comprising 50% of total imports. The second position in the ranking was held by Australia ($X), with a 16% share of total imports. It was followed by the Netherlands, with a 9.8% share.

From 2012 to 2022, the average annual growth rate of value from Mexico totaled +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-1.6% per year) and the Netherlands (+5.9% per year).

Import Prices by Country

In 2022, the average beer import price amounted to $X per ton, growing by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($X per ton) and the Netherlands ($X per ton), while the price for Ireland ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :