Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in New Zealand - 2024
Contents:
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in New Zealand (CIF) - 2024
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in New Zealand (FOB) - 2024
- Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in New Zealand
- Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in New Zealand
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in New Zealand (CIF) - 2024
In January 2024, the average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $1,420 per ton, falling by -7.3% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 13% month-to-month. As a result, import price attained the peak level of $1,666 per ton. From March 2023 to January 2024, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Australia ($2,538 per ton), while the price for the United States ($1,330 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Australia (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in New Zealand (FOB) - 2024
In January 2024, the average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $2,226 per ton, surging by 16% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.4%. The most prominent rate of growth was recorded in November 2023 when the average export price increased by 39% against the previous month. As a result, the export price attained the peak level of $2,269 per ton. From December 2023 to January 2024, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Fiji ($3,290 per ton), while the average price for exports to Japan ($1,930 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in New Zealand
In 2022, the amount of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid imported into New Zealand surged to 27K tons, rising by 19% against 2021 figures. The total import volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid soared to $33M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 12.1 | 12.6 | 14.7 | 20.1 | 18.4% |
| United States | 6.2 | 4.4 | 4.8 | 5.7 | -2.8% |
| China | 1.4 | 1.9 | 1.8 | 2.3 | 18.0% |
| Australia | 1.2 | 1.2 | 1.1 | 2.2 | 22.4% |
| Turkey | 1.2 | 1.1 | 1.3 | 1.6 | 10.1% |
| Spain | 0.3 | 0.4 | 0.5 | 0.4 | 10.1% |
| Others | 0.7 | 0.8 | 0.6 | 0.7 | 0.0% |
| Total | 23.1 | 22.4 | 24.9 | 33.1 | 12.7% |
Top Suppliers of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid to New Zealand in 2022:
- Italy (16.5K tons)
- United States (5.9K tons)
- China (1.8K tons)
- Australia (1.3K tons)
- Turkey (0.8K tons)
- Spain (0.3K tons)
Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in New Zealand
In 2022, approx. 2.4K tons of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid were exported from New Zealand; picking up by 34% against 2021. The total export volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid surged to $3.2M in 2022. The total export value increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,053 | 1,240 | 1,107 | 1,331 | 8.1% |
| Australia | 1,025 | 999 | 845 | 1,263 | 7.2% |
| Fiji | 128 | 109 | 210 | 319 | 35.6% |
| Others | 213 | 247 | 224 | 259 | 6.7% |
| Total | 2,419 | 2,596 | 2,386 | 3,173 | 9.5% |
Top Export Markets for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid from New Zealand in 2022:
- Japan (1113.5 tons)
- Australia (946.2 tons)
- Fiji (225.6 tons)
395
This report provides an in-depth analysis of the preserved tomato market in New Zealand.
252
This report provides an in-depth analysis of the tomato puree market in New Zealand.
829
This report provides an in-depth analysis of the global preserved tomato market.
1847
This report provides an in-depth analysis of the global tomato puree market.
395
This report provides an in-depth analysis of the preserved tomato market in New Zealand.
252
This report provides an in-depth analysis of the tomato puree market in New Zealand.
829
This report provides an in-depth analysis of the global preserved tomato market.
1847
This report provides an in-depth analysis of the global tomato puree market.
105
Global demand for preserved tomatoes is on the rise, with the market expected to see continued growth over the next seven years. Market performance is projected to increase in both volume and value terms, with key countries like China, Russia, and the United States leading the way.
2120
The U.S. continued its dominance in the global trade of tomato ketchup and paste. In 2014, the U.S. exported X thousand tons of tomato ketchup and paste totaling X million USD, X% over the previous year. Its primary trading partner was Canada, w
1220
With the help of its neighboring country, Canada, the U.S. seized control of the global tomato ketchup trade. In 2014, the U.S. supplied X% of its total tomato ketchup exports into Canada, accounting for X% of total Canada's imports.
2170
The global tomato ketchup and paste market had total revenues of X billion USD in 2013, representing a compound annual growth rate (CAGR) of X% between 2007 and 2013. The fastest growing exporters from 2007-2013 were the United Kingdom (+X% per
3318
In China, tomato products hold as much as X% of total tomato consumption, whereas they account for one-third of U.S. consumption. There remains substantial room for a surge in tomato paste consumption, as globalization trends are changing Chinese consu
105
Global demand for preserved tomatoes is on the rise, with the market expected to see continued growth over the next seven years. Market performance is projected to increase in both volume and value terms, with key countries like China, Russia, and the United States leading the way.
2120
The U.S. continued its dominance in the global trade of tomato ketchup and paste. In 2014, the U.S. exported X thousand tons of tomato ketchup and paste totaling X million USD, X% over the previous year. Its primary trading partner was Canada, w
1220
With the help of its neighboring country, Canada, the U.S. seized control of the global tomato ketchup trade. In 2014, the U.S. supplied X% of its total tomato ketchup exports into Canada, accounting for X% of total Canada's imports.
2170
The global tomato ketchup and paste market had total revenues of X billion USD in 2013, representing a compound annual growth rate (CAGR) of X% between 2007 and 2013. The fastest growing exporters from 2007-2013 were the United Kingdom (+X% per
3318
In China, tomato products hold as much as X% of total tomato consumption, whereas they account for one-third of U.S. consumption. There remains substantial room for a surge in tomato paste consumption, as globalization trends are changing Chinese consu
