Price for Insects; Live, Other than Bees in New Zealand - 2024

Contents:

  1. Price for Insects; Live, Other than Bees in New Zealand (CIF) - 2022
  2. Imports of Insects; Live, Other than Bees in New Zealand

Price for Insects; Live, Other than Bees in New Zealand (CIF) - 2022

In 2022, the average import price for insects; live, other than beeses amounted to less than $0.1 per thousand units, picking up by 23% against the previous year. In general, the import price, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2013 an increase of 77%. As a result, import price reached the peak level of $0.1 per thousand units. From 2014 to 2022, 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 Costa Rica.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +3.5% per year.

Imports of Insects; Live, Other than Bees in New Zealand

In 2022, purchases abroad of insects; live, other than beeses decreased by -15.7% to 3.1B units, falling for the second year in a row after two years of growth. Overall, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 20%. As a result, imports reached the peak of 5.6B units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, insects; live, other than bees imports stood at $61K in 2022. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 23% against the previous year. As a result, imports reached the peak of $75K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Insects; Live, Other than Bees in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica34.047.137.859.720.6%
Netherlands10.51.53.4N/A-43.1%
United Kingdom1.81.60.9N/A-29.3%
Philippines2.53.57.8N/A76.6%
Australia2.63.71.7N/A-19.1%
United StatesN/A4.3N/AN/A0%
Canada9.613.5N/AN/A40.6%
OthersN/AN/A7.71.8-76.6%
Total61.075.259.361.50.3%

Top Suppliers of Insects; Live, Other than Bees to New Zealand in 2022:

  1. Costa Rica (2.7B units)

Source: IndexBox Market Intelligence Platform

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Free Data: Insects; live, other than bees - New Zealand