New Zealand: Pork Market 2025

Pork Market Size in New Zealand

After two years of growth, the New Zealand pork market decreased by -14.8% to $X in 2022. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2021, and then declined in the following year.

Pork Production in New Zealand

In value terms, pork production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible slump. The pace of growth appeared the most rapid in 2017 with an increase of 30%. Pork production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The average yield of pork in New Zealand reached X kg per head in 2022, almost unchanged from 2021. Over the period under review, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 27% against the previous year. As a result, the yield reached the peak level of X kg per head. From 2019 to 2022, the growth of the average pork yield failed to regain momentum.

In 2022, number of animals slaughtered for pork production in New Zealand stood at X heads, flattening at the previous year's figure. Overall, the number of producing animals, however, continues to indicate a slight descent. The pace of growth was the most pronounced in 2019 when the number of producing animals increased by 18% against the previous year. Over the period under review, this number reached the maximum level at X heads in 2012; however, from 2013 to 2022, producing animals failed to regain momentum.

Pork Exports

Exports from New Zealand

In 2022, exports of pork from New Zealand surged to X tons, jumping by 126% on the previous year's figure. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, pork exports surged to $X in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Papua New Guinea (X tons), Fiji (X tons) and Spain (X tons) were the main destinations of pork exports from New Zealand, with a combined 80% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Papua New Guinea (with a CAGR of +214.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Fiji ($X) emerged as the key foreign market for pork exports from New Zealand, comprising 46% of total exports. The second position in the ranking was taken by Papua New Guinea ($X), with a 20% share of total exports. It was followed by Spain, with a 14% share.

From 2012 to 2022, the average annual growth rate of value to Fiji totaled +57.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (+152.1% per year) and Spain (+25.5% per year).

Export Prices by Country

In 2022, the average pork export price amounted to $X per ton, increasing by 12% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Fiji ($X per ton), while the average price for exports to Samoa ($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 Finland (+31.2%), while the prices for the other major destinations experienced mixed trend patterns.

Pork Imports

Imports into New Zealand

Pork imports into New Zealand fell notably to X tons in 2022, declining by -15.4% on 2021 figures. The total import volume increased at an average annual rate of +3.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. As a result, imports attained the peak of X tons, and then declined notably in the following year.

In value terms, pork imports declined rapidly to $X in 2022. Overall, total imports indicated a notable increase from 2012 to 2022: its value 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. The pace of growth was the most pronounced in 2021 with an increase of 25%. As a result, imports attained the peak of $X, and then declined dramatically in the following year.

Imports by Country

Spain (X tons), Germany (X tons) and Finland (X tons) were the main suppliers of pork imports to New Zealand, with a combined 57% share of total imports. Canada, Poland, Sweden, the United States, Denmark, Australia and Belgium lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +57.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest pork suppliers to New Zealand were Spain ($X), Germany ($X) and Finland ($X), together comprising 58% of total imports. Poland, Canada, the United States, Sweden, Denmark, Australia and Belgium lagged somewhat behind, together accounting for a further 39%.

In terms of the main suppliers, Poland, with a CAGR of +65.5%, saw 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 pork import price stood at $X per ton in 2022, dropping by -7.5% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 23% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained 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 Poland (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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