Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in New Zealand - 2023
Contents:
- Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in New Zealand (FOB) - 2023
- Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in New Zealand (CIF) - 2023
- Exports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in New Zealand
- Imports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in New Zealand
Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in New Zealand (FOB) - 2023
The average export price for onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds stood at $999 per ton in December 2023, with a decrease of -12.5% against the previous month. Over the period under review, the export price saw a noticeable contraction. The most prominent rate of growth was recorded in November 2023 an increase of 21% m-o-m. Over the period under review, the average export prices hit record highs at $1,346 per ton in December 2022; however, from January 2023 to December 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was French Polynesia ($1,461 per ton), while the average price for exports to Taiwan (Chinese) ($723 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in New Zealand (CIF) - 2023
In December 2023, the average import price for onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds amounted to $1,938 per ton, flattening at the previous month. Over the period under review, import price indicated a perceptible expansion from December 2022 to December 2023: its price increased at an average monthly rate of +2.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds increased by +22.3% against October 2023 indices. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 32% m-o-m. As a result, import price attained the peak level of $2,777 per ton. From August 2023 to December 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($6,591 per ton), while the price for Australia ($893 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in New Zealand
After three years of growth, shipments abroad of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds decreased by -2.3% to 198K tons in 2022. The total export volume increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 13% against the previous year.
In value terms, exports of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds surged to $123M in 2022. The total export value increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in New Zealand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 18.4 | 20.7 | 22.3 | 23.4 | 8.3% |
Germany | 12.9 | 15.4 | 13.9 | 15.9 | 7.2% |
Taiwan (Chinese) | 3.6 | 4.7 | 7.1 | 14.2 | 58.0% |
Fiji | 6.2 | 4.9 | 5.3 | 10.7 | 19.9% |
Japan | 4.0 | 3.0 | 3.4 | 10.2 | 36.6% |
France | 6.3 | 4.2 | 4.8 | 8.2 | 9.2% |
Netherlands | 22.6 | 13.1 | 7.6 | 6.2 | -35.0% |
Malaysia | 5.8 | 8.2 | 9.3 | 6.0 | 1.1% |
Spain | 3.4 | 2.3 | 4.4 | 5.3 | 15.9% |
Norway | 3.3 | 1.2 | 1.7 | 2.7 | -6.5% |
Papua New Guinea | 1.4 | 1.5 | 1.5 | 2.4 | 19.7% |
Belgium | 5.2 | 2.1 | 1.4 | 2.0 | -27.3% |
United Kingdom | 11.7 | 4.4 | 6.4 | 1.9 | -45.4% |
Others | 10.8 | 11.8 | 14.0 | 13.6 | 8.0% |
Total | 116 | 97.5 | 103 | 123 | 2.0% |
Top Export Markets for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled from New Zealand in 2022:
- Indonesia (38.8K tons)
- Germany (30.1K tons)
- Taiwan (Chinese) (21.3K tons)
- Japan (16.6K tons)
- Fiji (13.8K tons)
- Malaysia (13.3K tons)
- France (13.0K tons)
- Netherlands (11.8K tons)
- Spain (7.2K tons)
- Norway (3.9K tons)
- Papua New Guinea (3.7K tons)
- Belgium (3.2K tons)
- United Kingdom (2.2K tons)
Imports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in New Zealand
In 2022, the amount of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds imported into New Zealand fell dramatically to 4.1K tons, shrinking by -19.6% on 2021 figures. Overall, imports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 31%. As a result, imports attained the peak of 5.1K tons, and then declined remarkably in the following year.
In value terms, imports of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds rose remarkably to $7.9M in 2022. The total import value increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in New Zealand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.3 | 5.6 | 6.3 | 5.0 | -1.9% |
United States | 1.7 | 1.3 | 0.6 | 2.8 | 18.1% |
Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
Total | 7.0 | 6.9 | 7.0 | 7.9 | 4.1% |
Top Suppliers of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled to New Zealand in 2022:
- China (3.0K tons)
- United States (1.1K tons)
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