New Zealand - Cocoa Powder (Containing Added Sugar) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cocoa Powder with Sugar in New Zealand - 2023
Contents:
- Price for Cocoa Powder with Sugar in New Zealand (CIF) - 2023
- Price for Cocoa Powder with Sugar in New Zealand (FOB) - 2022
- Imports of Cocoa Powder with Sugar in New Zealand
- Exports of Cocoa Powder with Sugar in New Zealand
Price for Cocoa Powder with Sugar in New Zealand (CIF) - 2023
The average cocoa powder with sugar import price stood at $3,513 per ton in July 2023, rising by 13% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 42% month-to-month. As a result, import price reached the peak level of $4,637 per ton. From February 2023 to July 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From July 2022 to July 2023, the rate of growth in terms of prices for Australia amounted to +0.6% per month.
Price for Cocoa Powder with Sugar in New Zealand (FOB) - 2022
The average cocoa powder with sugar export price stood at $7,018 per ton in 2022, growing by 5.6% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 21% against the previous year. Over the period under review, the average export prices attained the maximum at $7,129 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cook Islands ($11,393 per ton), while the average price for exports to Fiji ($2,613 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 Cook Islands (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cocoa Powder with Sugar in New Zealand
In 2022, approx. 1.6K tons of cocoa powder (containing added sugar) were imported into New Zealand; with an increase of 28% compared with the previous year's figure. The total import volume increased at an average annual rate of +5.6% 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, cocoa powder with sugar imports soared to $5.2M in 2022. The total import value increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cocoa Powder with Sugar in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 3.9 | 3.3 | 4.0 | 4.8 | 7.2% |
| Others | 0.3 | 0.2 | 0.1 | 0.3 | 0.0% |
| Total | 4.1 | 3.5 | 4.2 | 5.2 | 8.2% |
Top Suppliers of Cocoa Powder with Sugar to New Zealand in 2022:
- Australia (1524.9 tons)
Exports of Cocoa Powder with Sugar in New Zealand
In 2022, shipments abroad of cocoa powder (containing added sugar) decreased by -13.1% to 33 tons, falling for the second year in a row after two years of growth. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 550%. As a result, the exports reached the peak of 221 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cocoa powder with sugar exports dropped to $235K in 2022. In general, exports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 511%. As a result, the exports attained the peak of $1.2M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Cocoa Powder with Sugar in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 2.5 | 8.8 | 30.6 | 65.3 | 196.7% |
| Vietnam | 2.1 | N/A | 36.6 | 56.0 | 198.8% |
| Philippines | 93.8 | 34.1 | 75.7 | 30.8 | -31.0% |
| Australia | 28.0 | 1,082 | 16.9 | 26.6 | -1.7% |
| Cook Islands | 12.0 | 17.9 | 23.1 | 18.3 | 15.1% |
| Tonga | 6.3 | 8.3 | 25.7 | 10.7 | 19.3% |
| Fiji | 26.9 | 46.2 | 15.9 | 4.4 | -45.3% |
| Others | 26.9 | 16.0 | 31.2 | 22.5 | -5.8% |
| Total | 199 | 1,213 | 256 | 235 | 5.7% |
Top Export Markets for Cocoa Powder with Sugar from New Zealand in 2022:
- United Kingdom (8.5 tons)
- Vietnam (7.7 tons)
- Australia (5.1 tons)
- Philippines (4.8 tons)
- Fiji (1.7 tons)
- Cook Islands (1.6 tons)
- Tonga (1.4 tons)
This report provides an in-depth analysis of the market for cocoa powder with sugar 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 10821400 - Cocoa powder, containing added sugar or other sweetening matter
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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