New Zealand: Frozen Boiled Potatoes Market 2022

Frozen Boiled Potatoes Market Size in New Zealand

The New Zealand frozen boiled potatoes market expanded significantly to $X in 2020, increasing 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 indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Frozen Boiled Potatoes Production in New Zealand

In value terms, frozen boiled potatoes production expanded remarkably to $X in 2020 estimated in export prices. Overall, the total production indicated perceptible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Over the period under review, production hit record highs in 2020 and is likely to see steady growth in the near future.

Frozen Boiled Potatoes Exports

Exports from New Zealand

In 2020, frozen boiled potatoes exports from New Zealand fell to X tons, waning by -X% compared with the previous year. Overall, exports, however, continue to indicate a noticeable expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, exports reached the peak of X tons, and then dropped in the following year.

In value terms, frozen boiled potatoes exports rose to $X in 2020. Over the period under review, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure in 2020 and are likely to see gradual growth in years to come.

Exports by Country

Thailand (X tons), Indonesia (X tons) and Samoa (X tons) were the main destinations of frozen boiled potatoes exports from New Zealand, together comprising X% of total exports. These countries were followed by Papua New Guinea, American Samoa, Tonga and Marshall Islands, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Marshall Islands (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen boiled potatoes exported from New Zealand were Thailand ($X), Indonesia ($X) and Samoa ($X), together accounting for X% of total exports. Papua New Guinea, American Samoa, Marshall Islands and Tonga lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Marshall Islands (+X% per year) recorded the highest growth rate of 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

In 2020, the average frozen boiled potatoes export price amounted to $X per ton, increasing by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Marshall Islands ($X per ton), while the average price for exports to Indonesia ($X per ton) was amongst the lowest.

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

Frozen Boiled Potatoes Imports

Imports into New Zealand

Frozen boiled potatoes imports into New Zealand contracted significantly to X tons in 2020, reducing by -X% against the year before. In general, imports, however, showed a modest increase. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Imports peaked at X tons in 2011; however, from 2012 to 2020, imports remained at a lower figure.

In value terms, frozen boiled potatoes imports reduced remarkably to $X in 2020. Over the period under review, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tons) constituted the largest supplier of frozen boiled potatoes to New Zealand, with a X% share of total imports. Moreover, frozen boiled potatoes imports from China exceeded the figures recorded by the second-largest supplier, the U.S. (X tons), twofold. The third position in this ranking was occupied by Turkey (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Turkey (+X% per year).

In value terms, China ($X), the U.S. ($X) and Turkey ($X) were the largest frozen boiled potatoes suppliers to New Zealand, together accounting for X% of total imports.

In terms of the main suppliers, Turkey (+X% per year) recorded 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 frozen boiled potatoes import price stood at $X per ton in 2020, rising by X% against the previous year. Overall, import price indicated a notable increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, frozen boiled potatoes import price increased by +X% against 2018 indices. The growth pace was the most rapid in 2010 an increase of X% y-o-y. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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