New Zealand: Market for Dog And Cat Food 2024

Market Size for Dog And Cat Food in New Zealand

The New Zealand dog and cat food market dropped to $X in 2021, which is down by -4.9% against the previous year. In general, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +9.2% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2020, and then fell slightly in the following year.

Production of Dog And Cat Food in New Zealand

In value terms, dog and cat food production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of 31% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then declined in the following year.

Exports of Dog And Cat Food

Exports from New Zealand

In 2021, shipments abroad of dog and cat food increased by 33% to X tons, rising for the sixth year in a row after three years of decline. Over the period under review, exports showed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, dog and cat food exports soared to $X in 2021. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia (X tons), China (X tons) and the United States (X tons) were the main destinations of dog and cat food exports from New Zealand, with a combined 70% share of total exports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +101.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Australia ($X) appeared to be the largest markets for dog and cat food exported from New Zealand worldwide, with a combined 78% share of total exports.

China, with a CAGR of +136.2%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average dog and cat food export price stood at $X per ton in 2021, jumping by 44% against the previous year. In general, the export price continues to indicate a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Taiwan (Chinese) ($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 China (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dog And Cat Food

Imports into New Zealand

For the sixth year in a row, New Zealand recorded growth in overseas purchases of dog and cat food, which increased by 21% to X tons in 2021. The total import volume increased at an average annual rate of +4.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, dog and cat food imports surged to $X in 2021. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +8.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +92.4% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia (X tons), the United States (X tons) and Thailand (X tons) were the main suppliers of dog and cat food imports to New Zealand, with a combined 78% share of total imports. France, Canada and the Netherlands lagged somewhat behind, together comprising a further 17%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +15.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), the United States ($X) and Thailand ($X) appeared to be the largest dog and cat food suppliers to New Zealand, together accounting for 75% of total imports.

Among the main suppliers, Thailand, with a CAGR of +17.3%, 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 dog and cat food import price stood at $X per ton in 2021, jumping by 19% against the previous year. Over the last nine years, it increased at an average annual rate of +3.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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