Price for Apples, Pears and Quinces; Fresh in New Zealand - 2023
Contents:
- Price for Apples, Pears and Quinces; Fresh in New Zealand (FOB) - 2023
- Price for Apples, Pears and Quinces; Fresh in New Zealand (CIF) - 2023
- Exports of Apples, Pears and Quinces; Fresh in New Zealand
- Imports of Apples, Pears and Quinces; Fresh in New Zealand
Price for Apples, Pears and Quinces; Fresh in New Zealand (FOB) - 2023
The average export price for apples, pears and quinces; freshes stood at $1,686 per ton in June 2023, rising by 3.7% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 34% month-to-month. Over the period under review, the average export prices hit record highs at $2,090 per ton in February 2023; however, from March 2023 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($2,328 per ton), while the average price for exports to India ($936 per ton) was amongst the lowest.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Apples, Pears and Quinces; Fresh in New Zealand (CIF) - 2023
In June 2023, the average import price for apples, pears and quinces; freshes amounted to $1,291 per ton, falling by -66.9% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 128% m-o-m. As a result, import price reached the peak level of $3,903 per ton, and then dropped notably in the following month.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From July 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +5.3% per month.
Exports of Apples, Pears and Quinces; Fresh in New Zealand
Apples, pears and quinces; fresh exports from New Zealand expanded rapidly to 391K tons in 2022, growing by 9.1% compared with the year before. Overall, exports, however, continue to indicate a relatively flat trend pattern.
In value terms, apples, pears and quinces; fresh exports expanded remarkably to $660M in 2022. The total export value increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Apples, Pears and Quinces; Fresh in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 93.1 | 82.3 | 91.1 | 157 | 19.0% |
| Vietnam | 48.4 | 60.1 | 65.2 | 103 | 28.6% |
| Taiwan (Chinese) | 36.6 | 48.9 | 57.9 | 74.0 | 26.4% |
| Thailand | 47.4 | 34.6 | 33.3 | 42.5 | -3.6% |
| United States | 50.7 | 39.3 | 39.7 | 38.0 | -9.2% |
| Hong Kong SAR | 36.5 | 29.9 | 29.7 | 32.8 | -3.5% |
| United Kingdom | 47.1 | 42.2 | 42.5 | 24.5 | -19.6% |
| United Arab Emirates | 20.1 | 24.9 | 24.8 | 22.9 | 4.4% |
| India | 17.8 | 23.6 | 36.8 | 21.6 | 6.7% |
| Germany | 29.1 | 32.8 | 25.1 | 19.6 | -12.3% |
| Singapore | 13.1 | 16.3 | 13.9 | 12.5 | -1.6% |
| Canada | 8.9 | 10.8 | 8.7 | 12.4 | 11.7% |
| Netherlands | 22.7 | 17.6 | 19.5 | 10.4 | -22.9% |
| Others | 103 | 129 | 107 | 88.4 | -5.0% |
| Total | 574 | 592 | 595 | 660 | 4.8% |
Top Export Markets for Apples, Pears and Quinces; Fresh from New Zealand in 2022:
- China (64.5K tons)
- Vietnam (53.5K tons)
- Taiwan (Chinese) (35.6K tons)
- Thailand (26.8K tons)
- United States (24.9K tons)
- United Kingdom (22.9K tons)
- Germany (21.3K tons)
- India (20.4K tons)
- United Arab Emirates (16.6K tons)
- Hong Kong SAR (16.0K tons)
- Netherlands (10.3K tons)
- Canada (8.4K tons)
- Singapore (6.9K tons)
Imports of Apples, Pears and Quinces; Fresh in New Zealand
In 2022, purchases abroad of apples, pears and quinces; freshes decreased by -23.8% to 3.6K tons, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt setback. The growth pace was the most rapid in 2020 when imports increased by 13%. As a result, imports reached the peak of 5K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, apples, pears and quinces; fresh imports shrank remarkably to $5.2M in 2022. In general, imports showed a pronounced slump. The pace of growth was the most pronounced in 2020 with an increase of 9%. As a result, imports attained the peak of $6.5M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Apples, Pears and Quinces; Fresh in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 3.3 | 3.3 | 3.8 | 3.5 | 2.0% |
| China | 0.7 | 1.0 | 1.3 | 1.4 | 26.0% |
| United States | 1.4 | 1.6 | 0.8 | 0.2 | -47.7% |
| South Korea | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| United Arab Emirates | 0.4 | 0.2 | 0.1 | N/A | -50.0% |
| Others | N/A | 0.3 | N/A | N/A | 0% |
| Total | 6.0 | 6.5 | 6.2 | 5.2 | -4.7% |
Top Suppliers of Apples, Pears and Quinces; Fresh to New Zealand in 2022:
- Australia (2778.0 tons)
- China (700.6 tons)
- United States (69.5 tons)
- South Korea (48.5 tons)
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