New Zealand: Sausage Market 2024

Sausage Market Size in New Zealand

The New Zealand sausage market contracted slightly to $X in 2021, approximately reflecting the previous year. Overall, consumption saw a abrupt slump. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Sausage Production in New Zealand

In value terms, sausage production stood at $X in 2021 estimated in export price. In general, production continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2015 with an increase of 53% against the previous year. Sausage production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Sausage Exports

Exports from New Zealand

In 2021, shipments abroad of sausages and similar products of meat increased by 104% to X tons, rising for the second consecutive year after four years of decline. In general, exports, however, recorded a noticeable downturn. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, sausage exports surged to $X in 2021. Overall, exports, however, showed a abrupt setback. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Tonga (X tons) was the main destination for sausage exports from New Zealand, accounting for a 57% share of total exports. Moreover, sausage exports to Tonga exceeded the volume sent to the second major destination, Cook Islands (X tons), fourfold. The third position in this ranking was held by Australia (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Tonga amounted to +63.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cook Islands (+10.0% per year) and Australia (+18.4% per year).

In value terms, Tonga ($X), South Korea ($X) and Cook Islands ($X) constituted the largest markets for sausage exported from New Zealand worldwide, together accounting for 75% of total exports.

Tonga, with a CAGR of +55.3%, recorded the highest rates of growth with regard to 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 2021, the average sausage export price amounted to $X per ton, growing by 2.1% against the previous year. Overall, the export price, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2014 an increase of 20%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Tonga ($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 Japan (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Sausage Imports

Imports into New Zealand

In 2021, supplies from abroad of sausages and similar products of meat decreased by -24.4% to X tons, falling for the third consecutive year after seven years of growth. In general, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2016 when imports increased by 36% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, sausage imports declined to $X in 2021. Over the period under review, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2015 with an increase of 34% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Australia (X tons) constituted the largest supplier of sausage to New Zealand, accounting for a 70% share of total imports. Moreover, sausage imports from Australia exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold. The third position in this ranking was held by Italy (X tons), with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Australia amounted to +7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+32.9% per year) and Italy (+10.6% per year).

In value terms, Australia ($X) constituted the largest supplier of sausages and similar products of meat to New Zealand, comprising 71% of total imports. The second position in the ranking was taken by Italy ($X), with a 12% share of total imports. It was followed by China, with a 6% share.

From 2012 to 2021, the average annual growth rate of value from Australia totaled +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+13.4% per year) and China (+41.4% per year).

Import Prices by Country

The average sausage import price stood at $X per ton in 2021, picking up by 18% against the previous year. Over the last nine years, it increased at an average annual rate of +1.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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