Cereals; Rye, Seed Price in New Zealand - 2023

Contents:

  1. Cereals; Rye, Seed Price in New Zealand (FOB) - 2022
  2. Cereals; Rye, Seed Price in New Zealand (CIF) - 2022
  3. Cereals; Rye, Seed Exports in New Zealand
  4. Cereals; Rye, Seed Imports in New Zealand

Cereals; Rye, Seed Price in New Zealand (FOB) - 2022

The average cereals; rye, seed export price stood at $4,327 per ton in 2022, falling by -7.9% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 an increase of 117%. The export price peaked at $4,699 per ton in 2021, and then shrank in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +25.7% per year.

Cereals; Rye, Seed Price in New Zealand (CIF) - 2022

In 2021, the average cereals; rye, seed import price amounted to $4,067 per ton, dropping by -4.9% against the previous year. In general, the import price, however, posted a resilient increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 53%. As a result, import price attained the peak level of $4,276 per ton, and then fell modestly in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for Australia amounted to +28.9% per year.

Cereals; Rye, Seed Exports in New Zealand

In 2022, approx. 7.6 tons of cereals; rye, seeds were exported from New Zealand; dropping by -36.8% against the year before. Overall, exports faced a sharp shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 220% against the previous year.

In value terms, cereals; rye, seed exports shrank significantly to $33K in 2022. In general, exports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 511% against the previous year.

Export of Cereals; Rye, Seed in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan73.54.427.133.1-23.3%
OthersN/A4.929.7N/A506.1%
Total73.69.356.833.1-23.4%

Top Export Markets for Cereals; Rye, Seed from New Zealand in 2022:

  1. Japan (7.6 tons)

Cereals; Rye, Seed Imports in New Zealand

In 2021, overseas purchases of cereals; rye, seeds decreased by -20.9% to 20 tons for the first time since 2018, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +4.1% from 2019 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 37%. As a result, imports reached the peak of 25 tons, and then contracted remarkably in the following year.

In value terms, cereals; rye, seed imports dropped remarkably to $80K in 2021. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 109%. As a result, imports reached the peak of $107K, and then shrank sharply in the following year.

Import of Cereals; Rye, Seed in New Zealand (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
NetherlandsN/AN/A80.40%
United States51.0N/AN/A0%
OthersN/A107N/A0%
Total51.010780.425.6%

Top Suppliers of Cereals; Rye, Seed to New Zealand in 2022:

  1. Netherlands (19.8 tons)

Source: IndexBox Market Intelligence Platform

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