New Zealand - Citrus Fruit - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCitrus Fruit Price in New Zealand - 2023
Contents:
- Citrus Fruit Price in New Zealand (CIF) - 2022
- Citrus Fruit Price in New Zealand (FOB) - 2022
- Citrus Fruit Imports in New Zealand
- Citrus Fruit Exports in New Zealand
Citrus Fruit Price in New Zealand (CIF) - 2022
The average citrus fruit import price stood at $1,738 per ton in 2022, growing by 6.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2014 an increase of 23%. The import price peaked in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2,182 per ton), while the price for Egypt ($984 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Citrus Fruit Price in New Zealand (FOB) - 2022
The average citrus fruit export price stood at $1,808 per ton in 2022, with a decrease of -6.9% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 11% against the previous year. Over the period under review, the average export prices attained the maximum at $2,031 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was French Polynesia ($3,494 per ton), while the average price for exports to the United States ($1,614 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 Tonga (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.
Citrus Fruit Imports in New Zealand
For the third year in a row, New Zealand recorded decline in purchases abroad of citrus fruits, which decreased by -8% to 14K tons in 2022. Over the period under review, imports saw a abrupt descent. The smallest decline of -2.5% was in 2021.
In value terms, citrus fruit imports fell modestly to $24M in 2022. Overall, imports recorded a pronounced downturn. The smallest decline of -0.2% was in 2021.
| Import of Citrus Fruit in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 10.9 | 10.9 | 12.9 | 11.9 | 3.0% |
| United States | 16.5 | 13.5 | 11.2 | 11.6 | -11.1% |
| Egypt | N/A | 0.1 | 0.2 | 0.3 | 73.2% |
| Others | 0.4 | 0.3 | 0.4 | 0.4 | 0.0% |
| Total | 27.8 | 24.8 | 24.7 | 24.2 | -4.5% |
Top Suppliers of Citrus Fruit to New Zealand in 2022:
- Australia (8.2K tons)
- United States (5.3K tons)
- Egypt (0.3K tons)
Citrus Fruit Exports in New Zealand
Citrus fruit exports from New Zealand dropped sharply to 3K tons in 2022, waning by -28.7% against the previous year. Overall, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 5.7% against the previous year.
In value terms, citrus fruit exports declined rapidly to $5.4M in 2022. Over the period under review, exports showed a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year. As a result, the exports reached the peak of $8.2M, and then fell markedly in the following year.
| Export of Citrus Fruit in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3,692 | 3,602 | 4,766 | 2,808 | -8.7% |
| United States | 1,024 | 832 | 995 | 1,055 | 1.0% |
| Tonga | 536 | 508 | 452 | 334 | -14.6% |
| China | 1,306 | 198 | 496 | 162 | -50.1% |
| New Caledonia | 259 | 348 | 204 | 152 | -16.3% |
| Samoa | 70.3 | 101 | 84.3 | 110 | 16.1% |
| Singapore | 133 | 249 | 150 | 103 | -8.2% |
| Kiribati | 8.4 | 30.1 | 58.6 | 102 | 129.8% |
| Russia | 132 | 233 | 217 | N/A | 28.2% |
| Others | 889 | 829 | 732 | 582 | -13.2% |
| Total | 8,050 | 6,930 | 8,155 | 5,409 | -12.4% |
Top Export Markets for Citrus Fruit from New Zealand in 2022:
- Japan (1627.2 tons)
- United States (653.7 tons)
- Tonga (165.4 tons)
- China (91.5 tons)
- New Caledonia (70.9 tons)
- Samoa (63.0 tons)
- Kiribati (48.1 tons)
- Singapore (35.1 tons)
This report provides an in-depth analysis of the citrus fruit 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 507 - Grapefruit and pomelo
- FCL 497 - Lemons and limes
- FCL 490 - Oranges
- FCL 495 - Tangerines, mandarins, clementines, satsumas
- FCL 512 - Citrus fruit nes
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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