New Zealand: Prepared Drier Market 2024

Prepared Drier Market Size in New Zealand

The New Zealand prepared drier market reduced to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption saw a abrupt contraction. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Prepared Drier Production in New Zealand

In value terms, prepared drier production dropped to $X in 2022 estimated in export price. In general, production saw a abrupt setback. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Prepared Drier Exports

Exports from New Zealand

In 2022, approx. X tons of prepared driers were exported from New Zealand; dropping by X% against the previous year. Over the period under review, exports, however, enjoyed buoyant growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, prepared drier exports shrank to $X in 2022. Overall, exports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X tons) was the main destination for prepared drier exports from New Zealand, accounting for a X% share of total exports. Moreover, prepared drier exports to Australia exceeded the volume sent to the second major destination, Fiji (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (X% per year) and Tonga (X% per year).

In value terms, the largest markets for prepared drier exported from New Zealand were Australia ($X), Fiji ($X) and Tonga ($X), with a combined X% share of total exports.

Tonga, with a CAGR of X%, saw the highest growth rate of the value of exports, among 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

The average prepared drier export price stood at $X per ton in 2022, falling by X% against the previous year. In general, export price indicated noticeable growth from 2012 to 2022: its price 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, prepared drier export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then fell in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Tonga ($X per ton), while the average price for exports to Australia ($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 French Polynesia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Drier Imports

Imports into New Zealand

In 2022, supplies from abroad of prepared driers decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. In general, imports, however, posted a prominent increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then reduced sharply in the following year.

In value terms, prepared drier imports shrank to $X in 2022. Overall, imports, however, posted a temperate increase. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, Turkey (X tons) constituted the largest prepared drier supplier to New Zealand, accounting for a X% share of total imports. Moreover, prepared drier imports from Turkey exceeded the figures recorded by the second-largest supplier, Australia (X tons), twofold. The third position in this ranking was taken by South Africa (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and South Africa (X% per year).

In value terms, Australia ($X), Turkey ($X) and South Africa ($X) constituted the largest prepared drier suppliers to New Zealand, together accounting for X% of total imports. India, Germany, China, France and Thailand lagged somewhat behind, together comprising a further X%.

China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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 prepared drier import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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