New Zealand: Chili And Pepper Market 2024

Chili And Pepper Market Size in New Zealand

The New Zealand chili and pepper market fell significantly to $X in 2022, reducing by -52.3% against the previous year. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Chili And Pepper Production in New Zealand

In value terms, chili and pepper production reduced slightly to $X in 2022 estimated in export price. Overall, production, however, showed a pronounced shrinkage. The growth pace was the most rapid in 2014 when the production volume increased by 69%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

The average yield of chilies and peppers (green) in New Zealand skyrocketed to X tons per ha in 2022, with an increase of 41% on the year before. Over the period under review, the yield saw prominent growth. As a result, the yield attained the peak level and is likely to continue growth in the immediate term. 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 chilies and peppers (green) were harvested in New Zealand; therefore, remained relatively stable against 2021. In general, the harvested area saw a deep setback. The most prominent rate of growth was recorded in 2014 when the harvested area increased by 69%. As a result, the harvested area reached the peak level of X ha. From 2015 to 2022, the growth of the chili and pepper harvested area remained at a somewhat lower figure.

Chili And Pepper Exports

Exports from New Zealand

Chili and pepper exports from New Zealand skyrocketed to X tons in 2022, with an increase of 43% against the previous year's figure. Over the period under review, exports, however, continue to indicate a perceptible reduction. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, chili and pepper exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a abrupt contraction. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Japan (X tons) was the main destination for chili and pepper exports from New Zealand, accounting for a 67% share of total exports. Moreover, chili and pepper exports to Japan exceeded the volume sent to the second major destination, Australia (X tons), threefold. Fiji (X tons) ranked third in terms of total exports with a 3.3% share.

From 2012 to 2022, the average annual growth rate of volume to Japan stood at -5.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-2.8% per year) and Fiji (+13.0% per year).

In value terms, Japan ($X) remains the key foreign market for chilies and peppers (green) exports from New Zealand, comprising 66% of total exports. The second position in the ranking was held by Australia ($X), with a 25% share of total exports. It was followed by Fiji, with a 3.9% share.

From 2012 to 2022, the average annual growth rate of value to Japan totaled -6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-5.3% per year) and Fiji (+12.3% per year).

Export Prices by Country

In 2022, the average chili and pepper export price amounted to $X per ton, with a decrease of -5.4% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 21%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Fiji ($X per ton) and New Caledonia ($X per ton), while the average price for exports to Australia ($X per ton) and Japan ($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 Japan (-0.1%), while the prices for the other major destinations experienced a decline.

Chili And Pepper Imports

Imports into New Zealand

In 2022, chili and pepper imports into New Zealand dropped remarkably to X tons, waning by -53.4% compared with 2021 figures. In general, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2014 when imports increased by 64%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, chili and pepper imports contracted remarkably to $X in 2022. Overall, imports continue to indicate a deep slump. The growth pace was the most rapid in 2013 with an increase of 35% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Australia (X tons) and Fiji (X tons) were the main suppliers of chili and pepper imports to New Zealand, with a combined 83% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Australia (with a CAGR of +52.9%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Australia ($X) constituted the largest supplier of chilies and peppers (green) to New Zealand, comprising 45% of total imports. The second position in the ranking was taken by China ($X), with a 20% share of total imports. It was followed by Fiji, with a 17% share.

From 2012 to 2022, the average annual growth rate of value from Australia stood at +57.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-0.3% per year) and Fiji (-4.5% per year).

Import Prices by Country

The average chili and pepper import price stood at $X per ton in 2022, dropping by -26.6% against the previous year. Overall, the import price recorded a abrupt decline. The growth pace was the most rapid in 2013 an increase of 22% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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