Report Update: Apr 1, 2024

New Zealand - Canned Food - Market Analysis, Forecast, Size, Trends and Insights

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Canned Food Price in New Zealand - 2023

Canned Food Price in New Zealand (FOB) - 2023

In September 2023, the average canned food export price amounted to $10,844 per ton, with an increase of 7.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.7%. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 31% against the previous month. Over the period under review, the average export prices attained the peak figure in September 2023.

Prices varied noticeably by the country of destination: the country with the highest price was China ($17,282 per ton), while the average price for exports to Fiji ($3,869 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Canned Food Price in New Zealand (CIF) - 2023

The average canned food import price stood at $2,747 per ton in September 2023, growing by 4.9% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 14% against the previous month. Over the period under review, average import prices attained the maximum at $3,379 per ton in February 2023; however, from March 2023 to September 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($10,467 per ton), while the price for Italy ($1,389 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Spain (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Canned Food Exports in New Zealand

In 2022, shipments abroad of canned food was finally on the rise to reach 233K tons after two years of decline. In general, total exports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +4.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, canned food exports surged to $2B in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Canned Food in New Zealand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	457	629	558	1,069	32.7%
Australia	425	347	278	371	-4.4%
Hong Kong SAR	267	198	164	218	-6.5%
United States	58.8	58.0	71.4	91.7	16.0%
South Korea	12.8	17.6	34.4	42.0	48.6%
Thailand	17.3	20.1	21.5	31.2	21.7%
Japan	10.0	7.7	7.8	11.9	6.0%
Others	106	91.7	98.1	158	14.2%
Total	1,354	1,369	1,234	1,992	13.7%

Top Export Markets for Canned Food from New Zealand in 2022:

Australia (101.3K tons)
China (77.4K tons)
Hong Kong SAR (13.7K tons)
Thailand (5.9K tons)
United States (5.3K tons)
South Korea (3.8K tons)
Japan (3.6K tons)

Canned Food Imports in New Zealand

In 2022, canned food imports into New Zealand rose sharply to 60K tons, growing by 12% on the previous year's figure. The total import volume increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, canned food imports rose rapidly to $163M in 2022. The total import value increased at an average annual rate of +11.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 18%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Canned Food in New Zealand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Australia	32.5	32.7	44.4	41.4	8.4%
Italy	16.2	17.9	20.6	26.9	18.4%
Malaysia	7.0	8.4	9.6	12.9	22.6%
Thailand	7.8	7.4	8.3	12.7	17.6%
United States	9.5	7.1	9.8	8.0	-5.6%
China	6.4	7.5	8.5	8.0	7.7%
India	3.8	4.0	4.8	5.3	11.7%
Indonesia	2.4	2.7	2.7	4.3	21.5%
Spain	3.4	3.5	3.9	4.3	8.1%
Philippines	2.1	2.4	2.6	4.2	26.0%
Turkey	2.3	1.9	2.8	2.8	6.8%
Others	23.5	26.8	26.2	32.1	11.0%
Total	117	122	144	163	11.7%

Top Suppliers of Canned Food to New Zealand in 2022:

Italy (22.0K tons)
Australia (9.7K tons)
Thailand (4.7K tons)
India (3.3K tons)
China (3.0K tons)
Indonesia (2.6K tons)
Philippines (2.2K tons)
Turkey (1.6K tons)
United States (1.6K tons)
Malaysia (1.5K tons)
Spain (1.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the canned food 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 10861060 - Homogenised composite food preparations for infant food or dietetic purposes p.r.s. in containers . .250 g
Prodcom 10861030 - Homogenised vegetables (excluding frozen, preserved by vinegar or acetic acid)
Prodcom 10861050 - Homogenised preparations of jams, fruit jellies, marmalades, f ruit or nut puree and fruit or nut pastes
Prodcom 10861060 - Homogenised composite food preparations for infant food or dietetic purposes p.r.s. in containers . .250 g
Prodcom 10861070 - Food preparations for infants, p.r.s. (excluding homogenised composite food preparations)
Prodcom 10891100 - Soups and broths and preparations therefor
Prodcom 10861010 - Homogenised preparations of meat, meat offal or blood (excluding sausages and similar products of meat, food preparations based on these products)
Prodcom 10131505 - Prepared or preserved goose or duck liver (excluding sausages and prepared meals and dishes)
Prodcom 10131515 - Prepared or preserved liver of other animals (excluding sausages and prepared meals and dishes)
Prodcom 10131525 - Prepared or preserved meat or offal of turkeys (excluding sausages, preparations of liver and prepared meals and dishes)
Prodcom 10131535 - Other prepared or preserved poultry meat (excluding sausages, preparations of liver and prepared meals and dishes)
Prodcom 10131545 - Prepared or preserved meat of swine: hams and cuts thereof (excluding prepared meals and dishes)
Prodcom 10131555 - Prepared or preserved meat of swine: shoulders and cuts thereof, of swine (excluding prepared meals and dishes)
Prodcom 10131565 - Prepared or preserved meat, offal and mixtures of domestic swine, including mixtures, containing < .40 % meat or offal of any kind and fats of any kind (excluding sausages and similar products, homogenised preparations, preparations of liver and prepared meals and dishes)
Prodcom 10131575 - Other prepared or preserved meat, offal and mixtures of
Prodcom 10131585 - Prepared or preserved meat or offal of bovine animals (excluding sausages and similar products, homogenised preparations, preparations of liver and prepared meals and dishes)
Prodcom 10131595 - Other prepared or preserved meat or offal, including blood
Prodcom 10391710 - Preserved tomatoes, whole or in pieces (excluding prepared vegetable dishes and tomatoes preserved by vinegar or acetic acid)
Prodcom 10851300 - Prepared meals and dishes based on vegetables
Prodcom 10391800 - Vegetables (excluding potatoes), fruit, nuts and other edible parts of plants, prepared or preserved by vinegar or acetic acid
Prodcom 100000Z3 - Vegetables (except potatoes), preserved otherwise than by vinegar or acetic acid, including prepared vegetable dishes

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