New Zealand: Market for Non-Citrus Fruits Not Elsewhere Classified 2024

Market Size for Non-Citrus Fruits Not Elsewhere Classified in New Zealand

The New Zealand market for non-citrus fruits not elsewhere classified reached $X in 2022, remaining constant against the previous year. In general, the total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.6% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Non-Citrus Fruits Not Elsewhere Classified in New Zealand

In value terms, non-citrus fruits not elsewhere classified production rose slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.7% against 2020 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by 38%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Non-Citrus Fruits Not Elsewhere Classified

Exports from New Zealand

For the third year in a row, New Zealand recorded growth in overseas shipments of non-citrus fruits not elsewhere classified, which increased by 18% to X tons in 2022. In general, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 89%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-citrus fruits not elsewhere classified exports surged to $X in 2022. Over the period under review, exports showed prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by 81% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The United States (X tons), Japan (X tons) and Australia (X tons) were the main destinations of non-citrus fruits not elsewhere classified exports from New Zealand, with a combined 78% share of total exports. Taiwan (Chinese), Singapore and French Polynesia lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Taiwan (Chinese) (with a CAGR of +57.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-citrus fruits not elsewhere classified exported from New Zealand were Australia ($X), Japan ($X) and the United States ($X), with a combined 76% share of total exports. Taiwan (Chinese), Singapore and French Polynesia lagged somewhat behind, together comprising a further 18%.

In terms of the main countries of destination, Taiwan (Chinese), with a CAGR of +61.8%, 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 export price for non-citrus fruits not elsewhere classified stood at $X per ton in 2022, jumping by 33% against the previous year. Over the period under review, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to the United States ($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 Australia (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Citrus Fruits Not Elsewhere Classified

Imports into New Zealand

In 2022, purchases abroad of non-citrus fruits not elsewhere classified decreased by -8.8% to X tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.2% against 2020 indices. The pace of growth appeared the most rapid in 2014 when imports increased by 59% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, non-citrus fruits not elsewhere classified imports contracted to $X in 2022. In general, imports, however, saw strong growth. The pace of growth appeared the most rapid in 2014 when imports increased by 71% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

The United States (X tons), Thailand (X tons) and Vietnam (X tons) were the main suppliers of non-citrus fruits not elsewhere classified imports to New Zealand, together accounting for 71% of total imports. Australia, India, Fiji and Tonga lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Tonga (with a CAGR of +92.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Thailand ($X) and the United States ($X) constituted the largest non-citrus fruits not elsewhere classified suppliers to New Zealand, with a combined 74% share of total imports. India, Vietnam, Fiji and Tonga lagged somewhat behind, together comprising a further 24%.

Tonga, with a CAGR of +93.5%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for non-citrus fruits not elsewhere classified amounted to $X per ton, with an increase of 3.8% against the previous year. Overall, the import price enjoyed buoyant growth. The growth pace was the most rapid in 2021 an increase of 49% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Tonga ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform