New Zealand - Cherries - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCherry Price in New Zealand - 2023
Contents:
- Cherry Price in New Zealand (FOB) - 2022
- Cherry Price in New Zealand (CIF) - 2023
- Cherry Exports in New Zealand
- Cherry Imports in New Zealand
Cherry Price in New Zealand (FOB) - 2022
In 2022, the average cherry export price amounted to $15,089 per ton, shrinking by -6.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. The pace of growth was the most pronounced in 2013 when the average export price increased by 23% against the previous year. Over the period under review, the average export prices hit record highs at $16,111 per ton in 2021, and then reduced in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($17,043 per ton), while the average price for exports to the United States ($10,228 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Cherry Price in New Zealand (CIF) - 2023
The average cherry import price stood at $10,587 per ton in July 2023, reducing by -12.1% against the previous month. Overall, the import price recorded a noticeable descent. As a result, import price attained the peak level of $16,511 per ton. From August 2022 to July 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From July 2022 to July 2023, the rate of growth in terms of prices for the United States amounted to -3.6% per month.
Cherry Exports in New Zealand
In 2022, overseas shipments of cherries were finally on the rise to reach 3.3K tons after two years of decline. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +5.5% over the last three years. 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.
In value terms, cherry exports surged to $50M in 2022. The total export value increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cherry in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 20.2 | 17.0 | 16.4 | 23.7 | 5.5% |
| China | 12.4 | 9.7 | 7.1 | 9.8 | -7.5% |
| Vietnam | 3.8 | 6.4 | 4.8 | 6.6 | 20.2% |
| Thailand | 2.5 | 3.2 | 1.9 | 2.7 | 2.6% |
| United States | 0.4 | 0.7 | 0.8 | 1.5 | 55.4% |
| Malaysia | 1.3 | 0.6 | 1.0 | 1.4 | 2.5% |
| Singapore | 0.5 | 0.7 | 0.7 | 0.9 | 21.6% |
| Japan | 0.5 | 0.7 | 0.6 | 0.9 | 21.6% |
| South Korea | 0.7 | 0.7 | 0.2 | 0.3 | -24.6% |
| Others | 2.2 | 1.6 | 0.8 | 2.1 | -1.5% |
| Total | 44.6 | 41.3 | 34.2 | 49.9 | 3.8% |
Top Export Markets for Cherry from New Zealand in 2022:
- Taiwan (Chinese) (1437.5 tons)
- China (597.9 tons)
- Vietnam (482.9 tons)
- Thailand (222.3 tons)
- United States (146.5 tons)
- Malaysia (90.7 tons)
- Japan (87.0 tons)
- Singapore (69.4 tons)
- South Korea (24.2 tons)
Cherry Imports in New Zealand
Cherry imports into New Zealand contracted significantly to 7.6 tons in 2022, shrinking by -82.2% compared with the year before. Over the period under review, imports recorded a significant decline. The most prominent rate of growth was recorded in 2021 when imports increased by 58%.
In value terms, cherry imports dropped notably to $127K in 2022. In general, imports recorded a significant contraction. The growth pace was the most rapid in 2021 with an increase of 58% against the previous year.
| Import of Cherry in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 626 | 334 | 529 | 127 | -41.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 626 | 334 | 529 | 127 | -41.2% |
Top Suppliers of Cherry to New Zealand in 2022:
- United States (7.6 tons)
This report provides an in-depth analysis of the cherry 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:
- FCL 531 - Cherries
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
1015
This report provides an in-depth analysis of the cherry market in New Zealand.
757
This report provides an in-depth analysis of the market for cherry and sour cherry in New Zealand.
323
This report provides an in-depth analysis of the berry market in New Zealand.
377
This report provides an in-depth analysis of the fruit and berry market in New Zealand.
508
This report provides an in-depth analysis of the apricot market in New Zealand.
390
This report provides an in-depth analysis of the sour cherry market in New Zealand.
500
This report provides an in-depth analysis of the peach and nectarine market in New Zealand.
593
This report provides an in-depth analysis of the plum and sloe market in New Zealand.
1016
This report provides an in-depth analysis of the global cherry market.
5014
This report provides an in-depth analysis of the global market for cherry and sour cherry.
69
Discover the top 10 countries that dominate the global cherry import market and their key statistics. Find out which nations are leading the way in cherry imports.
106
Explore the top import markets for cherry and sour cherry and discover the countries driving the global demand for these delicious fruits.
1561
The global cherry market revenue amounted to $12.3B in 2018, increasing by 11% against the previous year. This figure...
862
The global cherry market increased gradually from X thousand tons in 2007 to X thousand tons in 2016, with only mild fluctuations over the period under review. Overall, it expanded at an average annual rate of +X from 2007 to 2016. In val
4013
Global cherry consumption amounted to X thousand tons in 2015, approximately equating the previous year level.
2006
Global cherry exports amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
4075
Global cherry imports amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
1498
In 2015, the countries with the highest levels of production in 2015 were Turkey (X thousand tons), the United States (X thousand tons), Iran (X thousand tons), together accounting for X% of total output.
3901
The global cherry market increased gradually from X thousand tonnes in 2007 to X thousand tonnes in 2016, with only mild fluctuations over the period under review.
1247
With a huge surge in exports in 2014, Chile seized control of the global cherry trade. In 2014, Chile exported X thousand tons of cherries totaling X million USD, a whopping X% over the previous year. Its primary trading partner was China, where
