New Zealand - Plantains - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlantain Price in New Zealand - 2023
Contents:
- Plantain Price in New Zealand (CIF) - 2022
- Plantain Price in New Zealand (FOB) - 2022
- Plantain Imports in New Zealand
- Plantain Exports in New Zealand
Plantain Price in New Zealand (CIF) - 2022
In 2022, the average plantain import price amounted to $852 per ton, dropping by -37.2% against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 247%. Over the period under review, average import prices attained the peak figure at $6,769 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Fiji ($1,776 per ton), while the price for Tonga ($400 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Fiji (-8.2%), while the prices for the other major suppliers experienced a decline.
Plantain Price in New Zealand (FOB) - 2022
In 2022, the average plantain export price amounted to $1,916 per ton, reducing by -41.2% against the previous year. Overall, the export price showed a slight decline. The growth pace was the most rapid in 2019 when the average export price increased by 361% against the previous year. The export price peaked at $4,780 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Fiji ($5,600 per ton), while the average price for exports to French Polynesia ($1,363 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 Niue (+0.3%), while the prices for the other major destinations experienced a decline.
Plantain Imports in New Zealand
After three years of growth, supplies from abroad of plantains decreased by -68.9% to 91 tons in 2022. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,116% against the previous year. As a result, imports reached the peak of 291 tons, and then declined rapidly in the following year.
In value terms, plantain imports declined notably to $77K in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,513%. As a result, imports attained the peak of $395K, and then declined notably in the following year.
| Import of Plantain in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | N/A | N/A | 352 | 46.8 | -86.7% |
| Philippines | N/A | N/A | 13.7 | 9.6 | -29.9% |
| Fiji | 0.7 | 5.2 | 3.5 | 7.8 | 123.4% |
| Samoa | 17.0 | 3.2 | 14.7 | 5.6 | -30.9% |
| Tonga | 8.6 | 10.2 | 3.8 | 3.8 | -23.8% |
| Others | 5.4 | 5.9 | 7.3 | 3.6 | -12.6% |
| Total | 31.7 | 24.5 | 395 | 77.2 | 34.5% |
Top Suppliers of Plantain to New Zealand in 2022:
- Ecuador (63.3 tons)
- Tonga (9.5 tons)
- Philippines (8.7 tons)
- Fiji (4.4 tons)
- Samoa (3.9 tons)
Plantain Exports in New Zealand
Plantain exports from New Zealand surged to 888 kg in 2022, jumping by 194% against the year before. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, plantain exports skyrocketed to $1.7K in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Plantain in New Zealand (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| French Polynesia | N/A | N/A | N/A | 908 | 0% |
| Vanuatu | 230 | 5.0 | 459 | 324 | 12.1% |
| Fiji | N/A | 1.0 | N/A | 224 | 1396.7% |
| Tonga | N/A | 5.0 | 240 | 120 | 389.9% |
| Niue | N/A | N/A | 59.0 | 53.0 | -10.2% |
| Cook Islands | 356 | 1.0 | N/A | N/A | -99.7% |
| United Arab Emirates | N/A | 602 | N/A | N/A | 0% |
| Others | N/A | 5.0 | 225 | 72.0 | 279.5% |
| Total | 586 | 619 | 983 | 1,701 | 42.6% |
Top Export Markets for Plantain from New Zealand in 2022:
- French Polynesia (666.0 kg)
- Vanuatu (93.0 kg)
- Tonga (43.0 kg)
- Fiji (40.0 kg)
- Niue (36.0 kg)
This report provides an in-depth analysis of the plantain 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 489 - Plantains
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
-
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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