New Zealand - Mackerel (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Mackerel Price in New Zealand - 2023
Contents:
- Preserved Mackerel Price in New Zealand (CIF) - 2023
- Preserved Mackerel Price in New Zealand (FOB) - 2022
- Preserved Mackerel Imports in New Zealand
- Preserved Mackerel Exports in New Zealand
Preserved Mackerel Price in New Zealand (CIF) - 2023
In July 2023, the average preserved mackerel import price amounted to $3,360 per ton, falling by -41.9% against the previous month. In general, the import price, however, showed modest growth. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 149% month-to-month. As a result, import price attained the peak level of $5,784 per ton, and then shrank sharply in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($5,918 per ton), while the price for China ($1,499 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Chile (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Preserved Mackerel Price in New Zealand (FOB) - 2022
The average preserved mackerel export price stood at $3,453 per ton in 2022, declining by -14.7% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved mackerel export price decreased by -15.8% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 111% against the previous year. Over the period under review, the average export prices attained the peak figure at $4,268 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Niue ($5,346 per ton), while the average price for exports to Fiji ($1,659 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 (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Mackerel Imports in New Zealand
In 2022, approx. 1.7K tons of mackerel (prepared or preserved) were imported into New Zealand; jumping by 26% compared with 2021 figures. The total import volume increased at an average annual rate of +11.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, preserved mackerel imports skyrocketed to $4.7M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Preserved Mackerel in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,207 | 1,667 | 1,576 | 2,151 | 21.2% |
| Japan | 1,086 | 1,038 | 1,131 | 994 | -2.9% |
| Vietnam | 173 | 25.1 | 74.0 | 842 | 69.5% |
| South Korea | 112 | 126 | 124 | 194 | 20.1% |
| Chile | 166 | 117 | 196 | 187 | 4.1% |
| Fiji | 87.8 | 133 | 102 | 121 | 11.3% |
| Thailand | 157 | 282 | 83.2 | 85.8 | -18.2% |
| Others | 61.6 | 117 | 122 | 152 | 35.1% |
| Total | 3,052 | 3,507 | 3,409 | 4,727 | 15.7% |
Top Suppliers of Preserved Mackerel to New Zealand in 2022:
- China (1168.1 tons)
- Japan (258.6 tons)
- Vietnam (147.4 tons)
- Chile (68.0 tons)
- Fiji (43.4 tons)
- South Korea (25.1 tons)
- Thailand (10.4 tons)
Preserved Mackerel Exports in New Zealand
After three years of growth, shipments abroad of mackerel (prepared or preserved) decreased by -31.5% to 34 tons in 2022. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 125%. As a result, the exports reached the peak of 50 tons, and then dropped sharply in the following year.
In value terms, preserved mackerel exports declined markedly to $118K in 2022. In general, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 125% against the previous year. As a result, the exports attained the peak of $201K, and then declined notably in the following year.
| Export of Preserved Mackerel in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cook Islands | 26.6 | 32.9 | 45.3 | 52.3 | 25.3% |
| Tonga | N/A | 2.5 | 0.7 | 23.6 | 207.2% |
| Fiji | N/A | 1.0 | 0.3 | 18.2 | 326.6% |
| Samoa | 35.1 | 30.2 | 45.3 | 11.4 | -31.3% |
| Niue | 4.2 | 7.3 | 4.1 | 6.5 | 15.7% |
| Wallis and Futuna Islands | 4.4 | 11.2 | 6.0 | 2.7 | -15.0% |
| Vanuatu | 5.9 | N/A | 1.0 | 1.3 | -39.6% |
| Australia | N/A | 0.9 | 88.6 | N/A | 9744.4% |
| Others | 2.1 | 3.4 | 9.9 | 1.6 | -8.7% |
| Total | 78.2 | 89.5 | 201 | 118 | 14.7% |
Top Export Markets for Preserved Mackerel from New Zealand in 2022:
- Fiji (11.0 tons)
- Cook Islands (10.1 tons)
- Tonga (7.7 tons)
- Samoa (2.3 tons)
- Niue (1.2 tons)
- Wallis and Futuna Islands (0.7 tons)
- Vanuatu (0.6 tons)
This report provides an in-depth analysis of the preserved mackerel 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 10202550 - Prepared or preserved mackerel, whole or in pieces (excluding minced products and prepared meals and dishes)
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
- 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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