New Zealand - Preserved Asparagus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Asparagus Price in New Zealand - 2023
Contents:
- Preserved Asparagus Price in New Zealand (CIF) - 2022
- Preserved Asparagus Price in New Zealand (FOB) - 2022
- Preserved Asparagus Imports in New Zealand
- Preserved Asparagus Exports in New Zealand
Preserved Asparagus Price in New Zealand (CIF) - 2022
In 2022, the average preserved asparagus import price amounted to $4,192 per ton, picking up by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2020 an increase of 30% against the previous year. The import price peaked at $4,229 per ton in 2017; afterwards, it flattened through to 2022.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($4,270 per ton), while the price for China stood at $3,762 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Asparagus Price in New Zealand (FOB) - 2022
In 2022, the average preserved asparagus export price amounted to $8,099 per ton, with an increase of 21% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved asparagus export price increased by +38.9% against 2020 indices. The pace of growth was the most pronounced in 2015 when the average export price increased by 58%. As a result, the export price reached the peak level of $8,236 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Niue ($32,619 per ton), while the average price for exports to Australia ($5,201 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 (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Asparagus Imports in New Zealand
In 2022, supplies from abroad of preserved asparagus decreased by -30.7% to 133 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a mild contraction. The pace of growth was the most pronounced in 2020 with an increase of 76%. As a result, imports reached the peak of 242 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, preserved asparagus imports dropped sharply to $556K in 2022. In general, imports, however, posted a strong expansion. The growth pace was the most rapid in 2020 when imports increased by 130%. As a result, imports reached the peak of $844K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Preserved Asparagus in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 87.7 | 368 | 265 | 479 | 76.1% |
| China | 247 | 469 | 428 | 77.1 | -32.2% |
| Others | 33.2 | 6.3 | N/A | 0.1 | -85.6% |
| Total | 367 | 844 | 694 | 556 | 14.9% |
Top Suppliers of Preserved Asparagus to New Zealand in 2022:
- Peru (112.2 tons)
- China (20.5 tons)
Preserved Asparagus Exports in New Zealand
In 2022, approx. 534 kg of preserved asparagus were exported from New Zealand; waning by -39.9% against 2021 figures. In general, exports faced a sharp contraction. The smallest decline of -15.3% was in 2021.
In value terms, preserved asparagus exports shrank dramatically to $4.3K in 2022. Over the period under review, exports faced a dramatic setback. The smallest decline of -2.9% was in 2021.
| Export of Preserved Asparagus in New Zealand (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cook Islands | 2,199 | 1,297 | 1,146 | 1,603 | -10.0% |
| Australia | N/A | 666 | 748 | 879 | 14.9% |
| Niue | 491 | 492 | 321 | 685 | 11.7% |
| Norfolk Island | 3,138 | 1,230 | 1,580 | 677 | -40.0% |
| Papua New Guinea | 238 | 822 | 467 | 418 | 20.7% |
| Vanuatu | 195 | 256 | 202 | 63.0 | -31.4% |
| Fiji | 2,263 | N/A | N/A | N/A | 0% |
| Marshall Islands | 854 | 1,143 | 1,246 | N/A | 20.8% |
| Samoa | 201 | 204 | 223 | N/A | 5.3% |
| Others | 159 | N/A | N/A | N/A | 0% |
| Total | 9,738 | 6,110 | 5,933 | 4,325 | -23.7% |
Top Export Markets for Preserved Asparagus from New Zealand in 2022:
- Cook Islands (203.0 kg)
- Australia (169.0 kg)
- Norfolk Island (82.0 kg)
- Papua New Guinea (49.0 kg)
- Niue (21.0 kg)
- Vanuatu (10.0 kg)
This report provides an in-depth analysis of the preserved asparagus 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:
- Prodcom 10391760 - Preserved asparagus (excluding prepared vegetable dishes and asparagus dried, frozen or preserved by vinegar or acetic acid)
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
- 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 VOLUME AND VALUE
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
- 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
- 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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Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
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