New Zealand: Market for Fresh cheese (unripened or uncured cheese), including whey cheese and curd 2021

Market Size for Fresh cheese (unripened or uncured cheese), including whey cheese and curd in New Zealand

The New Zealand market for fresh cheese (unripened or uncured cheese), including whey cheese and curd reached $X in 2020, surging by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2010 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2020, consumption remained at a lower figure.

Production of Fresh cheese (unripened or uncured cheese), including whey cheese and curd in New Zealand

In value terms, production of fresh cheese (unripened or uncured cheese), including whey cheese and curd rose markedly to $X in 2020 estimated in export prices. Over the period under review, the total production indicated buoyant growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2008 when the production volume increased by X% y-o-y. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2020, production remained at a lower figure.

Exports of Fresh cheese (unripened or uncured cheese), including whey cheese and curd

Exports from New Zealand

In 2020, shipments abroad of fresh cheese (unripened or uncured cheese), including whey cheese and curd increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports recorded a pronounced expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Exports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd rose to $X in 2020. Overall, exports showed a buoyant expansion. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Exports peaked at $X in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

Exports by Country

China (X tons) was the main destination for exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd from New Zealand, with a X% share of total exports. Moreover, exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd to China exceeded the volume sent to the second major destination, Japan (X tons), twofold. South Korea (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and South Korea (+X% per year).

In value terms, China ($X) remains the key foreign market for fresh cheese (unripened or uncured cheese), including whey cheese and curd exports from New Zealand, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2007 to 2020, the average annual growth rate of value to China amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and South Korea (+X% per year).

Export Prices by Country

The average export price for fresh cheese (unripened or uncured cheese), including whey cheese and curd stood at $X per ton in 2020, waning by -X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. The export price peaked at $X per ton in 2014; however, from 2015 to 2020, export prices failed to regain the momentum.

Average prices varied noticeably for the major export markets. In 2020, the countries with the highest prices were China ($X per ton) and Thailand ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Japan, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fresh cheese (unripened or uncured cheese), including whey cheese and curd

Imports into New Zealand

In 2020, the amount of fresh cheese (unripened or uncured cheese), including whey cheese and curd imported into New Zealand declined rapidly to X tons, falling by -X% on the previous year's figure. In general, imports, however, recorded moderate growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2020, the growth of imports failed to regain the momentum.

In value terms, imports of fresh cheese (unripened or uncured cheese), including whey cheese and curd reduced notably to $X in 2020. Over the period under review, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. As a result, imports attained the peak of $X. From 2019 to 2020, the growth of imports remained at a somewhat lower figure.

Imports by Country

Australia (X tons), the U.S. (X tons) and India (X tons) were the main suppliers of imports of fresh cheese (unripened or uncured cheese), including whey cheese and curd to New Zealand, together accounting for X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the U.S. (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constituted the largest supplier of fresh cheese (unripened or uncured cheese), including whey cheese and curd to New Zealand, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Australia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and France (+X% per year).

Import Prices by Country

In 2020, the average import price for fresh cheese (unripened or uncured cheese), including whey cheese and curd amounted to $X per ton, rising by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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