New Zealand: Market for Nuts (Prepared Or Preserved) 2025

Market Size for Nuts (Prepared Or Preserved) in New Zealand

In 2021, the New Zealand nuts (prepared or preserved) market increased by 8.5% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption showed prominent growth. Nuts (prepared or preserved) consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Nuts (Prepared Or Preserved) in New Zealand

In value terms, nuts (prepared or preserved) production expanded notably to $X in 2021 estimated in export price. Over the period under review, production showed resilient growth. The pace of growth was the most pronounced in 2014 when the production volume increased by 371% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Nuts (Prepared Or Preserved)

Exports from New Zealand

In 2021, nuts (prepared or preserved) exports from New Zealand surged to X tons, with an increase of 127% on the previous year's figure. Over the period under review, exports enjoyed a strong expansion. The growth pace was the most rapid in 2017 with an increase of 195%. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, nuts (prepared or preserved) exports soared to $X in 2021. Overall, exports enjoyed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia (X tons) was the main destination for nuts (prepared or preserved) exports from New Zealand, accounting for a 67% share of total exports. Moreover, nuts (prepared or preserved) exports to Australia exceeded the volume sent to the second major destination, the United States (X tons), sixfold. The third position in this ranking was held by Singapore (X tons), with a 9.2% share.

From 2012 to 2021, the average annual growth rate of volume to Australia amounted to +15.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+26.0% per year) and Singapore (+133.4% per year).

In value terms, Australia ($X) remains the key foreign market for nuts (prepared or preserved) exports from New Zealand, comprising 65% of total exports. The second position in the ranking was taken by Singapore ($X), with a 12% share of total exports. It was followed by the United States, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value to Australia amounted to +16.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+130.7% per year) and the United States (+12.1% per year).

Export Prices by Country

In 2021, the average nuts (prepared or preserved) export price amounted to $X per ton, rising by 2.7% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 72% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Singapore ($X per ton), while the average price for exports to Seychelles ($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 Fiji (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Nuts (Prepared Or Preserved)

Imports into New Zealand

In 2021, supplies from abroad of nuts (prepared or preserved) increased by 13% to X tons, rising for the fifth consecutive year after two years of decline. Overall, total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +6.2% 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 +50.8% against 2016 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 17%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, nuts (prepared or preserved) imports rose markedly to $X in 2021. Over the period under review, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +7.4% 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 +90.3% against 2012 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 17%. Over the period under review, imports attained the peak figure in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

The United States (X tons), Australia (X tons) and China (X tons) were the main suppliers of nuts (prepared or preserved) imports to New Zealand, together accounting for 68% of total imports. These countries were followed by Vietnam, Hungary and Turkey, which together accounted for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +35.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), the United States ($X) and China ($X) appeared to be the largest nuts (prepared or preserved) suppliers to New Zealand, together comprising 76% of total imports. Vietnam, Turkey and Hungary lagged somewhat behind, together comprising a further 15%.

Vietnam, with a CAGR of +23.4%, saw 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 2021, the average nuts (prepared or preserved) import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2015 an increase of 19%. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Australia ($X per ton), while the price for Hungary ($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 United States (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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