Mandarins Price in New Zealand - 2023
Contents:
- Mandarins Price in New Zealand (CIF) - 2022
- Mandarins Price in New Zealand (FOB) - 2022
- Mandarins Imports in New Zealand
- Mandarins Exports in New Zealand
Mandarins Price in New Zealand (CIF) - 2022
The average mandarins import price stood at $1,671 per ton in 2022, leveling off at the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 5.5%. As a result, import price attained the peak level of $1,771 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2,264 per ton), while the price for Australia totaled $1,583 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-0.1%).
Mandarins Price in New Zealand (FOB) - 2022
The average mandarins export price stood at $2,545 per ton in 2022, surging by 5.8% against the previous year. In general, the export price, however, continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 17%. The export price peaked at $3,202 per ton in 2019; however, from 2020 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 Australia ($12,537 per ton), while the average price for exports to Fiji ($1,104 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to French Polynesia (+44.3%), while the prices for the other major destinations experienced a decline.
Mandarins Imports in New Zealand
In 2022, the amount of fruit, edible imported into New Zealand contracted rapidly to 5.7K tons, dropping by -16.4% compared with the previous year's figure. Overall, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 2.2% against the previous year.
In value terms, mandarins imports dropped significantly to $9.5M in 2022. In general, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 0.1% against the previous year.
| Import of Mandarins in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 8.8 | 8.4 | 10.2 | 7.9 | -3.5% |
| United States | 2.8 | 2.8 | 1.0 | 1.5 | -18.8% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 11.7 | 11.3 | 11.3 | 9.5 | -6.7% |
Top Suppliers of Mandarins to New Zealand in 2022:
- Australia (5.0K tons)
- United States (0.7K tons)
Mandarins Exports in New Zealand
For the fourth year in a row, New Zealand recorded growth in overseas shipments of fruit, edible, which increased by 14% to 826 tons in 2022. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 204% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, mandarins exports skyrocketed to $2.1M in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 96% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Mandarins in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 223 | 85.9 | 428 | 1,117 | 71.1% |
| Singapore | 1.2 | 276 | 179 | 498 | 645.9% |
| Australia | 86.5 | 64.8 | 143 | 374 | 62.9% |
| Fiji | 15.5 | 13.6 | 25.4 | 66.4 | 62.4% |
| Spain | N/A | 354 | N/A | N/A | 0% |
| French Polynesia | 77.9 | 154 | N/A | N/A | 97.7% |
| Others | 97.0 | 31.6 | 961 | 47.6 | -21.1% |
| Total | 501 | 980 | 1,737 | 2,103 | 61.3% |
Top Export Markets for Mandarins from New Zealand in 2022:
- Japan (441.6 tons)
- Singapore (292.7 tons)
- Fiji (60.1 tons)
- Australia (29.9 tons)
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