Price for Homogenised Composite Food Preparations in New Zealand - 2023

Contents:

1. Price for Homogenised Composite Food Preparations in New Zealand (FOB) - 2022
2. Price for Homogenised Composite Food Preparations in New Zealand (CIF) - 2022
3. Exports of Homogenised Composite Food Preparations in New Zealand
4. Imports of Homogenised Composite Food Preparations in New Zealand

Price for Homogenised Composite Food Preparations in New Zealand (FOB) - 2022

The average homogenised composite food preparations export price stood at $3,801 per ton in 2022, remaining stable against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 10% against the previous year. As a result, the export price attained the peak level of $3,969 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($3,801 per ton), while the average price for exports to China stood at $3,801 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+0.6%).

Price for Homogenised Composite Food Preparations in New Zealand (CIF) - 2022

In 2022, the average homogenised composite food preparations import price amounted to $4,044 per ton, waning by -1.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 25% against the previous year. Over the period under review, average import prices reached the peak figure at $4,110 per ton in 2021, and then shrank slightly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($4,044 per ton), while the price for China totaled $4,044 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+2.4%).

Exports of Homogenised Composite Food Preparations in New Zealand

For the fourth year in a row, New Zealand recorded growth in overseas shipments of homogenised composite food preparationses, which increased by 23% to 3.6K tons in 2022. The total export volume increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, homogenised composite food preparations exports soared to $14M in 2022. The total export value increased at an average annual rate of +13.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Homogenised Composite Food Preparations from New Zealand in 2022:

1. Australia (3.3K tons)
2. China (0.1K tons)

Imports of Homogenised Composite Food Preparations in New Zealand

In 2022, approx. 1.2K tons of homogenised composite food preparationses were imported into New Zealand; with a decrease of -13.9% on 2021 figures. In general, imports showed a pronounced reduction. The pace of growth was the most pronounced in 2021 with an increase of 6.5% against the previous year. As a result, imports attained the peak of 1.4K tons, and then reduced in the following year.

In value terms, homogenised composite food preparations imports fell dramatically to $5.1M in 2022. Overall, imports continue to indicate a pronounced decrease. The growth pace was the most rapid in 2021 with an increase of 6.8% against the previous year. As a result, imports attained the peak of $6M, and then declined dramatically in the following year.

Top Suppliers of Homogenised Composite Food Preparations to New Zealand in 2022:

1. Australia (1155.8 tons)
2. China (83.7 tons)