New Zealand: Mixed Juices Market 2024

Mixed Juices Market Size in New Zealand

The New Zealand mixed juices market shrank markedly to $X in 2022, reducing by -20.8% against the previous year. Overall, consumption faced a abrupt slump. Mixed juices consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Mixed Juices Production in New Zealand

In value terms, mixed juices production dropped slightly to $X in 2022 estimated in export price. Overall, production showed a abrupt slump. The growth pace was the most rapid in 2015 when the production volume increased by 32%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Mixed Juices Exports

Exports from New Zealand

In 2022, shipments abroad of mixtures of fruit and vegetable juices increased by 55% to X tons, rising for the fourth consecutive year after two years of decline. Over the period under review, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 77%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, mixed juices exports surged to $X in 2022. Overall, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 110% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Australia (X tons) was the main destination for mixed juices exports from New Zealand, accounting for a 48% share of total exports. Moreover, mixed juices exports to Australia exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), threefold. China (X tons) ranked third in terms of total exports with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia totaled +17.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+37.3% per year) and China (+22.4% per year).

In value terms, Australia ($X) remains the key foreign market for mixtures of fruit and vegetable juices exports from New Zealand, comprising 38% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with an 18% share of total exports. It was followed by China, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia amounted to +7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+35.7% per year) and China (+21.5% per year).

Export Prices by Country

The average mixed juices export price stood at $X per ton in 2022, shrinking by -24% against the previous year. Over the period under review, the export price saw a pronounced reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 60%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to American Samoa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+5.7%), while the prices for the other major destinations experienced mixed trend patterns.

Mixed Juices Imports

Imports into New Zealand

In 2022, purchases abroad of mixtures of fruit and vegetable juices was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2014 with an increase of 20%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, mixed juices imports expanded significantly to $X in 2022. In general, imports, however, continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2018 with an increase of 41%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Australia (X tons) constituted the largest mixed juices supplier to New Zealand, accounting for a 85% share of total imports. Moreover, mixed juices imports from Australia exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), more than tenfold. The United States (X tons) ranked third in terms of total imports with a 1.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Australia stood at -3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+9.4% per year) and the United States (-17.5% per year).

In value terms, Australia ($X) constituted the largest supplier of mixtures of fruit and vegetable juices to New Zealand, comprising 73% of total imports. The second position in the ranking was held by the United States ($X), with an 8% share of total imports. It was followed by the United Arab Emirates, with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Australia amounted to -5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-18.3% per year) and the United Arab Emirates (+17.8% per year).

Import Prices by Country

In 2022, the average mixed juices import price amounted to $X per ton, waning by -9% against the previous year. In general, the import price recorded a pronounced setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 26%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, 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 the United States ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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