Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in New Zealand - 2023
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in New Zealand (CIF) - 2023
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in New Zealand (FOB) - 2022
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in New Zealand
- Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in New Zealand
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in New Zealand (CIF) - 2023
The average import price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $5,762 per ton in November 2023, picking up by 7.8% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 13% against the previous month. The import price peaked at $6,163 per ton in December 2022; however, from January 2023 to November 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Vietnam.
From December 2022 to November 2023, the rate of growth in terms of prices for Vietnam amounted to -0.7% per month.
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in New Zealand (FOB) - 2022
The average export price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $9,993 per ton in 2022, increasing by 17% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 27% against the previous year. Over the period under review, the average export prices reached the peak figure at $11,716 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Niue ($35,444 per ton), while the average price for exports to French Polynesia ($6,763 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 Niue (+13.5%), while the prices for the other major destinations experienced a decline.
Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in New Zealand
Imports of nuts, edible; cashew nuts, shelled, fresh or drieds into New Zealand shrank to 2.9K tons in 2022, which is down by -9.4% on the year before. Over the period under review, imports showed a perceptible setback. The pace of growth appeared the most rapid in 2021 with an increase of 7.5% against the previous year. As a result, imports attained the peak of 3.2K tons, and then reduced in the following year.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds reduced to $18M in 2022. Overall, imports saw a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 8.6% against the previous year.
| Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 21.7 | 17.5 | 19.4 | 17.6 | -6.7% |
| Others | 1.1 | 0.8 | 0.5 | 0.4 | -28.6% |
| Total | 22.8 | 18.3 | 19.8 | 18.0 | -7.6% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to New Zealand in 2022:
- Vietnam (2.8K tons)
Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in New Zealand
In 2022, the amount of nuts, edible; cashew nuts, shelled, fresh or drieds exported from New Zealand declined notably to 4.6 tons, which is down by -38.3% compared with 2021. Overall, exports showed a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 97%.
In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds fell markedly to $46K in 2022. Over the period under review, exports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 98%.
| Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | 41.5 | 13.7 | 38.2 | 32.8 | -7.5% |
| French Polynesia | 3.4 | 4.4 | 6.5 | 3.9 | 4.7% |
| Niue | 1.2 | 1.5 | 1.4 | 3.5 | 42.9% |
| Cook Islands | 4.3 | 2.8 | 7.1 | 2.1 | -21.3% |
| New Caledonia | 3.9 | 4.2 | 4.4 | 1.0 | -36.5% |
| Hong Kong SAR | 0.1 | 1.7 | 1.5 | 1.0 | 115.4% |
| Australia | 95.1 | N/A | 3.5 | N/A | -80.8% |
| Others | 3.0 | 3.8 | 1.0 | 1.6 | -18.9% |
| Total | 153 | 32.1 | 63.4 | 45.9 | -33.1% |
Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from New Zealand in 2022:
- Fiji (3286.0 kg)
- French Polynesia (574.0 kg)
- Cook Islands (281.0 kg)
- New Caledonia (133.0 kg)
- Hong Kong SAR (107.0 kg)
- Niue (99.0 kg)
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