Report Update Nov 1, 2024

New Zealand - Rice Bran - Market Analysis, Forecast, Size, Trends and Insights

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New Zealand: Rice Bran Market 2024

Rice Bran Market Size in New Zealand

The New Zealand rice bran market dropped markedly to $X in 2021, reducing by -34% against the previous year. Over the period under review, consumption saw a abrupt decrease. Rice bran consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Rice Bran Production in New Zealand

In value terms, rice bran production shrank to $X in 2021 estimated in export price. In general, production continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2015 with an increase of 102% against the previous year. Rice bran production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Rice Bran Exports

Exports from New Zealand

In 2021, overseas shipments of rice bran increased by 43% to X tons, rising for the fourth year in a row after two years of decline. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 10,153% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, rice bran exports surged to $X in 2021. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 3,498% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

China (X tons) was the main destination for rice bran exports from New Zealand, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to China amounted to +88.9%.

In value terms, China ($X) also remains the key foreign market for rice bran exports from New Zealand.

From 2012 to 2021, the average annual rate of growth in terms of value to China stood at +96.1%.

Export Prices by Country

In 2021, the average rice bran export price amounted to $X per ton, rising by 44% against the previous year. In general, the export price, however, saw a abrupt decrease. The growth pace was the most rapid in 2016 when the average export price increased by 152% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +3.8% per year.

Rice Bran Imports

Imports into New Zealand

In 2021, rice bran imports into New Zealand declined remarkably to X tons, waning by -26.2% compared with 2020. Overall, imports showed a dramatic descent. The growth pace was the most rapid in 2017 when imports increased by 35% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, rice bran imports reduced to $X in 2021. In general, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2020 when imports increased by 30% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Australia (X tons) was the main rice bran supplier to New Zealand, accounting for a 93% share of total imports. Moreover, rice bran imports from Australia exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Australia amounted to -20.8%.

In value terms, Australia ($X) constituted the largest supplier of rice bran to New Zealand, comprising 89% of total imports. The second position in the ranking was taken by the United States ($X), with a 7.6% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Australia amounted to -13.7%.

Import Prices by Country

The average rice bran import price stood at $X per ton in 2021, surging by 21% against the previous year. In general, the import price showed a buoyant expansion. The pace of growth appeared the most rapid in 2016 an increase of 88% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Australia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+8.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rice bran in the world?

China remains the largest rice bran consuming country worldwide, accounting for 21% of total volume. Moreover, rice bran consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 5.1% share.

What are the largest producers of rice bran in the world?

The country with the largest volume of rice bran production was China, accounting for 15% of total volume. Moreover, rice bran production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 6.3% share.

What are the leading suppliers of rice bran to New Zealand?

In value terms, Australia constituted the largest supplier of rice bran to New Zealand.

What are the leading importers of rice bran from New Zealand?

In value terms, China remains the key foreign market for rice bran exports from New Zealand.

What is the average export price for rice bran in New Zealand?

In 2021, the average rice bran export price amounted to $542 per ton, increasing by 20% against the previous year.

What is the average import price for rice bran in New Zealand?

In 2021, the average rice bran import price amounted to $658 per ton, declining by -8.5% against the previous year.

This report provides an in-depth analysis of the rice bran market in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10614030 - Bran, sharps and other residues from the sifting, milling or other working of rice

Country coverage:

New Zealand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in New Zealand
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023