Price for Herbs; Thyme, Bay Leaves in New Zealand - 2022
Contents:
- Price for Herbs; Thyme, Bay Leaves in New Zealand (CIF) - 2022
- Imports of Herbs; Thyme, Bay Leaves in New Zealand
Price for Herbs; Thyme, Bay Leaves in New Zealand (CIF) - 2022
In 2022, the average herbs; thyme, bay leaves import price amounted to $5,145 per ton, rising by 9.3% against the previous year. In general, the import price saw a strong expansion. The growth pace was the most rapid in 2019 when the average import price increased by 9.5%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the Philippines.
From 2012 to 2022, the rate of growth in terms of prices for the Philippines amounted to +9.1% per year.
Imports of Herbs; Thyme, Bay Leaves in New Zealand
For the third year in a row, New Zealand recorded decline in purchases abroad of herbs, which decreased by -15.9% to 69 kg in 2022. Overall, imports recorded a abrupt shrinkage. The smallest decline of -15.5% was in 2021.
In value terms, herbs; thyme, bay leaves imports reduced to $355 in 2022. Over the period under review, imports showed a deep downturn. The smallest decline of -7.9% was in 2021.
| Import of Herbs; Thyme, Bay Leaves in New Zealand (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 456 | 419 | 386 | 355 | -8.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 456 | 419 | 386 | 355 | -8.0% |
Top Suppliers of Herbs; Thyme, Bay Leaves to New Zealand in 2022:
- Philippines (69.0 kg)
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