Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in New Zealand - 2024
Contents:
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in New Zealand (FOB) - 2022
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in New Zealand (CIF) - 2022
- Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in New Zealand
- Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in New Zealand
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in New Zealand (FOB) - 2022
The average export price for edible products of animal origin; not elsewhere specified or includeds stood at $6,784 per ton in 2022, waning by -2.5% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2018 an increase of 118%. The export price peaked at $15,832 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
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 Japan ($11,990 per ton), while the average price for exports to China ($6,169 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 Japan (+7.3%), while the prices for the other major destinations experienced a decline.
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in New Zealand (CIF) - 2022
In 2022, the average import price for edible products of animal origin; not elsewhere specified or includeds amounted to $27,706 per ton, dropping by -25.9% against the previous year. In general, the import price saw a noticeable slump. The pace of growth appeared the most rapid in 2015 when the average import price increased by 35% against the previous year. The import price peaked at $40,417 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($55,582 per ton), while the price for South Korea ($3,487 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in New Zealand
In 2022, after three years of growth, there was significant decline in shipments abroad of edible products of animal origin; not elsewhere specified or includeds, when their volume decreased by -58.4% to 747 tons. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 267%.
In value terms, exports of edible products of animal origin; not elsewhere specified or includeds contracted significantly to $5.1M in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 215%.
| Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1.4 | 6.7 | 11.3 | 4.7 | 49.7% |
| China | 0.1 | 0.1 | 0.3 | 0.1 | 0.0% |
| Others | 0.9 | 0.7 | 0.9 | 0.3 | -30.7% |
| Total | 2.4 | 7.5 | 12.5 | 5.1 | 28.6% |
Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from New Zealand in 2022:
- Indonesia (727.0 tons)
- China (14.4 tons)
Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in New Zealand
For the third consecutive year, New Zealand recorded decline in overseas purchases of edible products of animal origin; not elsewhere specified or includeds, which decreased by -80.3% to 35 tons in 2022. In general, imports continue to indicate a significant curtailment. The smallest decline of -6.8% was in 2020.
In value terms, imports of edible products of animal origin; not elsewhere specified or includeds dropped significantly to $972K in 2022. Over the period under review, imports faced a sharp decline. The smallest decline of -3.7% was in 2020.
| Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 6.6 | 6.5 | 6.2 | 0.6 | -55.0% |
| China | 0.4 | 0.5 | 0.4 | 0.3 | -9.1% |
| South Korea | N/A | N/A | N/A | N/A | 0% |
| Belgium | 0.1 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 7.3 | 7.0 | 6.7 | 1.0 | -48.5% |
Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to New Zealand in 2022:
- Australia (15.6 tons)
- South Korea (13.2 tons)
- China (6.2 tons)
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