New Zealand: Poultry Market 2024

Poultry Market Size in New Zealand

The New Zealand poultry market contracted slightly to $X in 2022, which is down by X% against the previous year. In general, consumption recorded a perceptible downturn. The most prominent rate of growth was recorded in 2021 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Poultry Production in New Zealand

In value terms, poultry production dropped to $X in 2022 estimated in export price. Overall, production saw a deep reduction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Poultry production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

In 2022, the average poultry yield in New Zealand stood at X kg per head, remaining constant against the previous year. Over the period under review, the yield saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the average poultry yield reached the peak level in 2022 and is expected to retain growth in the near future.

In 2022, number of animals slaughtered for poultry production in New Zealand totaled X heads, almost unchanged from the year before. This number increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the number of producing animals increased by X% against the previous year. Over the period under review, this number attained the peak level at X heads in 2019; however, from 2020 to 2022, producing animals stood at a somewhat lower figure.

Poultry Exports

Exports from New Zealand

In 2022, the amount of poultry exported from New Zealand fell to X tons, with a decrease of X% against the previous year's figure. Overall, total exports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, poultry exports shrank to $X in 2022. In general, exports recorded a noticeable descent. The growth pace was the most rapid in 2021 when exports increased by X%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Fiji (X tons), Papua New Guinea (X tons) and Vanuatu (X tons) were the main destinations of poultry exports from New Zealand, with a combined X% share of total exports. Tonga, the Philippines, the United Arab Emirates, Solomon Islands and Australia lagged somewhat behind, together accounting for a further X%.

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

In value terms, Papua New Guinea ($X), Fiji ($X) and the United Arab Emirates ($X) were the largest markets for poultry exported from New Zealand worldwide, together accounting for X% of total exports. Vanuatu, the Philippines, Tonga, Australia and Solomon Islands lagged somewhat behind, together comprising a further X%.

The Philippines, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average poultry export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 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 the United Arab Emirates ($X per ton), while the average price for exports to Tonga ($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 the United Arab Emirates (X%), while the prices for the other major destinations experienced mixed trend patterns.

Poultry Imports

Imports into New Zealand

In 2022, supplies from abroad of poultry increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, poultry imports surged to $X in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, the United States (X tons) was the main poultry supplier to New Zealand, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to X%.

In value terms, the United States ($X) constituted the largest supplier of poultry to New Zealand.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%.

Import Prices by Country

In 2022, the average poultry import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Source: IndexBox Platform

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