New Zealand: Market for Prepared Or Preserved Shoulders And Cuts Of Swine Meat 2025

Market Size for Prepared Or Preserved Shoulders And Cuts Of Swine Meat in New Zealand

In 2021, after three years of decline, there was growth in the New Zealand preserved swine meat cut market, when its value increased by 0.7% to $X. Over the period under review, consumption, however, recorded a abrupt shrinkage. Preserved swine meat cut consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Prepared Or Preserved Shoulders And Cuts Of Swine Meat in New Zealand

In value terms, preserved swine meat cut production fell modestly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2015 when the production volume increased by 35% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Exports from New Zealand

In 2021, approx. X tons of prepared or preserved shoulders and cuts of swine meat were exported from New Zealand; surging by 1.7% compared with 2020. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 527%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, preserved swine meat cut exports expanded sharply to $X in 2021. Over the period under review, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 525% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Cook Islands (X tons) was the main destination for preserved swine meat cut exports from New Zealand, accounting for a 64% share of total exports. Moreover, preserved swine meat cut exports to Cook Islands exceeded the volume sent to the second major destination, Australia (X tons), threefold. The third position in this ranking was held by Niue (X tons), with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Cook Islands totaled +29.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-34.1% per year) and Niue (+48.5% per year).

In value terms, Cook Islands ($X) remains the key foreign market for prepared or preserved shoulders and cuts of swine meat exports from New Zealand, comprising 62% of total exports. The second position in the ranking was held by Australia ($X), with a 20% share of total exports. It was followed by Niue, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Cook Islands amounted to +24.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-16.1% per year) and Niue (+42.6% per year).

Export Prices by Country

In 2021, the average preserved swine meat cut export price amounted to $X per ton, rising by 9.4% against the previous year. Over the period under review, the export price, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 31%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Tonga ($X per ton), while the average price for exports to Niue ($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 Australia (+27.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Imports into New Zealand

For the third consecutive year, New Zealand recorded decline in supplies from abroad of prepared or preserved shoulders and cuts of swine meat, which decreased by 0% to X kg in 2021. In general, imports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by 3,733%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, preserved swine meat cut imports stood at $X in 2021. Overall, imports faced a sharp decline. The most prominent rate of growth was recorded in 2018 with an increase of 1,567%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Italy (X kg) was the main supplier of preserved swine meat cut to New Zealand, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy stood at -27.2%.

In value terms, Italy ($X) constituted the largest supplier of prepared or preserved shoulders and cuts of swine meat to New Zealand.

From 2012 to 2021, the average annual growth rate of value from Italy stood at -15.7%.

Import Prices by Country

The average preserved swine meat cut import price stood at $X per ton in 2021, approximately mirroring the previous year. In general, the import price showed a strong increase. The growth pace was the most rapid in 2019 an increase of 113%. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to +37.4% per year.

Source: IndexBox Platform

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