Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in New Zealand - 2023
Contents:
- Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in New Zealand (CIF) - 2023
- Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in New Zealand (FOB) - 2022
- Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in New Zealand
- Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in New Zealand
Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in New Zealand (CIF) - 2023
The average import price for leguminous vegetables; shelled or unshelled, fresh or chilleds stood at $4,745 per ton in December 2023, stabilizing at the previous month. Over the period under review, the import price, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 27% against the previous month. The import price peaked at $5,700 per ton in December 2022; however, from January 2023 to December 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the country with the highest price was Fiji ($6,447 per ton), while the price for Australia totaled $4,592 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Fiji (+1.1%).
Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in New Zealand (FOB) - 2022
The average export price for leguminous vegetables; shelled or unshelled, fresh or chilleds stood at $2,496 per ton in 2022, dropping by -64.4% against the previous year. Overall, the export price continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2021 an increase of 161% against the previous year. As a result, the export price reached the peak level of $7,012 per ton, and then fell significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Caledonia ($8,071 per ton), while the average price for exports to Germany ($1,133 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 New Caledonia (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in New Zealand
In 2022, the amount of leguminous vegetables; shelled or unshelled, fresh or chilleds imported into New Zealand declined remarkably to 791 tons, which is down by -50.5% compared with the previous year's figure. In general, imports recorded a significant decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year.
In value terms, imports of leguminous vegetables; shelled or unshelled, fresh or chilleds contracted significantly to $5M in 2022. Overall, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. As a result, imports attained the peak of $7.9M, and then dropped dramatically in the following year.
| Import of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 5.8 | 4.9 | 7.0 | 4.2 | -10.2% |
| Fiji | 0.1 | 0.2 | 0.4 | 0.3 | 44.2% |
| Zimbabwe | 0.3 | 0.1 | 0.3 | 0.2 | -12.6% |
| United States | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
| Others | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Total | 6.5 | 5.4 | 7.9 | 5.0 | -8.4% |
Top Suppliers of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled to New Zealand in 2022:
- Australia (678.4 tons)
- Fiji (55.2 tons)
- United States (27.8 tons)
- Zimbabwe (15.2 tons)
Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in New Zealand
In 2022, exports of leguminous vegetables; shelled or unshelled, fresh or chilleds from New Zealand skyrocketed to 28 tons, rising by 470% against 2021 figures. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of leguminous vegetables; shelled or unshelled, fresh or chilleds surged to $69K in 2022. In general, total exports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +4.3% over the last three years. The trend pattern, however, 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.
| Export of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 22.7 | 0% |
| Fiji | 23.5 | 4.3 | 0.9 | 19.5 | -6.0% |
| New Caledonia | 13.9 | 23.5 | 19.5 | 7.9 | -17.2% |
| French Polynesia | 8.3 | 2.7 | N/A | 7.7 | -2.5% |
| Cook Islands | 7.2 | 3.8 | 3.4 | 2.9 | -26.1% |
| Tonga | 0.9 | 0.2 | 0.7 | 1.1 | 6.9% |
| United Kingdom | 1.6 | N/A | N/A | N/A | 0% |
| Singapore | N/A | 8.3 | N/A | N/A | 0% |
| Australia | 0.4 | 14.6 | N/A | N/A | 3550.0% |
| Others | 5.3 | 2.7 | 9.6 | 7.6 | 12.8% |
| Total | 61.2 | 60.1 | 34.2 | 69.3 | 4.2% |
Top Export Markets for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled from New Zealand in 2022:
- Germany (20.0 tons)
- Fiji (3.3 tons)
- French Polynesia (1.3 tons)
- New Caledonia (1.0 tons)
- Tonga (0.6 tons)
- Cook Islands (0.5 tons)
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