New Zealand - Potato - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPotato Price in New Zealand - 2023
Contents:
- Potato Price in New Zealand (FOB) - 2023
- Potato Price in New Zealand (CIF) - 2022
- Potato Exports in New Zealand
- Potato Imports in New Zealand
Potato Price in New Zealand (FOB) - 2023
In August 2023, the average potato export price amounted to $788 per ton, falling by -14.3% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average export price increased by 27% against the previous month. The export price peaked at $1,073 per ton in January 2023; however, from February 2023 to August 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In August 2023, the countries with the highest prices were French Polynesia ($887 per ton) and Tonga ($867 per ton), while the average price for exports to Fiji ($758 per ton) and Samoa ($789 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Tonga (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Potato Price in New Zealand (CIF) - 2022
In 2022, the average potato import price amounted to $3,563 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price saw a significant increase. The pace of growth was the most pronounced in 2016 an increase of 174% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.8% per year.
Potato Exports in New Zealand
For the third consecutive year, New Zealand recorded decline in overseas shipments of potatoes, which decreased by -3.1% to 23K tons in 2022. Overall, exports continue to indicate a pronounced contraction.
In value terms, potato exports surged to $17M in 2022. The total export value increased at an average annual rate of +7.1% over the period from 2019 to 2022; the trend pattern 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.
| Export of Potato in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | 11.6 | 10.8 | 11.1 | 13.6 | 5.4% |
| French Polynesia | 0.7 | 0.7 | 0.8 | 0.8 | 4.6% |
| Samoa | 0.6 | 0.6 | 0.6 | 0.7 | 5.3% |
| New Caledonia | 0.1 | 0.2 | 0.1 | 0.5 | 71.0% |
| Tonga | 0.2 | 0.3 | 0.2 | 0.2 | 0.0% |
| Others | 0.6 | 0.6 | 0.7 | 0.9 | 14.5% |
| Total | 13.7 | 13.2 | 13.5 | 16.9 | 7.2% |
Top Export Markets for Potato from New Zealand in 2022:
- Fiji (18.9K tons)
- Samoa (1.2K tons)
- French Polynesia (1.2K tons)
- New Caledonia (0.8K tons)
- Tonga (0.4K tons)
Potato Imports in New Zealand
In 2022, imports of potatoes into New Zealand amounted to 682 kg, remaining stable against the previous year. Overall, imports faced a significant decrease. The smallest decline of 99.9% was in 2021.
In value terms, potato imports stood at $2.4K in 2022. In general, imports continue to indicate a significant contraction. The smallest decline of 99.9% was in 2021.
| Import of Potato in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| India | N/A | N/A | 2.4 | 0% | |
| China | 8.4 | N/A | N/A | 0% | |
| Others | 0.1 | N/A | N/A | 0% | |
| Total | 8.5 | N/A | 2.4 | -46.9% | |
Top Suppliers of Potato to New Zealand in 2022:
- India (682.0 kg)
This report provides an in-depth analysis of the potato 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 116 - Potatoes
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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