New Zealand: Concentrated Apple Juice Market 2024

Concentrated Apple Juice Market Size in New Zealand

In 2021, after two years of decline, there was significant growth in the New Zealand concentrated apple juice market, when its value increased by 75% to $X. Over the period under review, consumption posted a prominent increase. Concentrated apple juice consumption peaked in 2021 and is expected to retain growth in years to come.

Concentrated Apple Juice Production in New Zealand

In value terms, concentrated apple juice production rose sharply to $X in 2021 estimated in export price. In general, production continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2015 with an increase of 9.5% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Concentrated Apple Juice Exports

Exports from New Zealand

After three years of growth, shipments abroad of concentrated apple juice decreased by -38.7% to X tons in 2021. Overall, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by 19%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, concentrated apple juice exports shrank significantly to $X in 2021. Over the period under review, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2019 with an increase of 11%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Japan (X tons), Australia (X tons) and China (X tons) were the main destinations of concentrated apple juice exports from New Zealand, with a combined 72% share of total exports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +51.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Japan ($X) and China ($X) constituted the largest markets for concentrated apple juice exported from New Zealand worldwide, with a combined 69% share of total exports.

Among the main countries of destination, China, with a CAGR of +60.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average concentrated apple juice export price stood at $X per ton in 2021, jumping by 27% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Apple Juice Imports

Imports into New Zealand

In 2021, overseas purchases of concentrated apple juice were finally on the rise to reach X tons after two years of decline. In general, imports, however, saw a abrupt descent. The growth pace was the most rapid in 2018 when imports increased by 257%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, concentrated apple juice imports skyrocketed to $X in 2021. Overall, imports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2018 when imports increased by 249%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest concentrated apple juice supplier to New Zealand, accounting for a 59% share of total imports. Moreover, concentrated apple juice imports from China exceeded the figures recorded by the second-largest supplier, Australia (X tons), threefold. The third position in this ranking was taken by Israel (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -13.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+34.8% per year) and Israel (-5.7% per year).

In value terms, the largest concentrated apple juice suppliers to New Zealand were China ($X), Australia ($X) and Israel ($X), with a combined 87% share of total imports. These countries were followed by Germany and Belgium, which together accounted for a further 11%.

In terms of the main suppliers, Germany, with a CAGR of +52.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average concentrated apple juice import price stood at $X per ton in 2021, picking up by 6.1% against the previous year. Over the period under review, the import price, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2015 an increase of 17% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+177.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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