New Zealand - Green Beans - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

New Zealand - Green Beans - Market Analysis, Forecast, Size, Trends and Insights

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Green Bean Price in New Zealand - 2023

Contents:

  1. Green Bean Price in New Zealand (CIF) - 2023
  2. Green Bean Price in New Zealand (FOB) - 2022
  3. Green Bean Imports in New Zealand
  4. Green Bean Exports in New Zealand

Green Bean Price in New Zealand (CIF) - 2023

The average green bean import price stood at $4,471 per ton in July 2023, which is down by -14.2% against the previous month. In general, the import price continues to indicate a pronounced curtailment. The growth pace was the most rapid in March 2023 an increase of 27% against the previous month. The import price peaked at $7,238 per ton in July 2022; however, from August 2022 to July 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was Fiji ($6,002 per ton), while the price for Australia stood at $4,415 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Fiji (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Green Bean Price in New Zealand (FOB) - 2022

In 2022, the average green bean export price amounted to $6,049 per ton, rising by 20% against the previous year. In general, the export price recorded buoyant growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 52%. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Fiji ($11,831 per ton), while the average price for exports to Niue ($1,900 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 Fiji (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.

Green Bean Imports in New Zealand

In 2022, green bean imports into New Zealand declined remarkably to 750 tons, which is down by -50.8% compared with 2021. Over the period under review, imports recorded a sharp downturn. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year.

In value terms, green bean imports contracted notably to $4.5M in 2022. Overall, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 43%. As a result, imports attained the peak of $7.3M, and then contracted notably in the following year.

Import of Green Bean in New Zealand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia5.84.97.04.2-10.2%
Fiji0.10.20.30.344.2%
United StatesN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total5.95.17.34.5-8.6%

Top Suppliers of Green Bean to New Zealand in 2022:

  1. Australia (678.4 tons)
  2. Fiji (44.2 tons)
  3. United States (18.1 tons)

Green Bean Exports in New Zealand

In 2022, the amount of green beans exported from New Zealand reduced dramatically to 2.2 tons, with a decrease of -37.6% against the previous year. In general, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 22%. As a result, the exports attained the peak of 3.5 tons, and then contracted sharply in the following year.

In value terms, green bean exports shrank dramatically to $13K in 2022. Overall, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 36%. As a result, the exports reached the peak of $18K, and then dropped notably in the following year.

Export of Green Bean in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Caledonia3.07.010.34.917.8%
Cook Islands7.03.82.72.5-29.1%
Fiji1.7N/A1.62.29.0%
Hong Kong SAR1.20.62.11.20.0%
French Polynesia3.40.8N/A0.9-35.8%
BahrainN/AN/AN/A0.50%
NiueN/A0.30.40.415.5%
Others0.60.30.40.4-12.6%
Total16.912.917.513.1-8.1%

Top Export Markets for Green Bean from New Zealand in 2022:

  1. New Caledonia (806.0 kg)
  2. Cook Islands (375.0 kg)
  3. Niue (230.0 kg)
  4. Bahrain (216.0 kg)
  5. Fiji (189.0 kg)
  6. Hong Kong SAR (180.0 kg)
  7. French Polynesia (108.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the green bean 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 414 - Beans, green
  • FCL 423 - String Beans

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Green Beans - New Zealand