Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in New Zealand - 2023

Contents:

  1. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in New Zealand (CIF) - 2022
  2. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in New Zealand (FOB) - 2022
  3. Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in New Zealand
  4. Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in New Zealand

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in New Zealand (CIF) - 2022

The average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $1,270 per ton in 2022, shrinking by -26.6% against the previous year. Overall, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 63% against the previous year. The import price peaked at $3,304 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +36.8% per year.

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in New Zealand (FOB) - 2022

The average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $10,200 per ton in 2022, surging by 55% against the previous year. Overall, the export price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2014 an increase of 107% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was French Polynesia ($11,895 per ton), while the average price for exports to New Caledonia ($9,816 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 Tonga (+33.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in New Zealand

In 2022, approx. 7 tons of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia were imported into New Zealand; picking up by 142% compared with the previous year. Over the period under review, imports, however, continue to indicate a sharp curtailment.

In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia soared to $8.9K in 2022. Overall, imports, however, faced a significant decrease.

Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A8.60%
United States17.2N/AN/AN/A0%
ItalyN/A9.0N/AN/A0%
Australia24.837.35.0N/A-55.1%
Others0.113.2N/A0.344.2%
Total42.059.45.08.9-40.4%

Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to New Zealand in 2022:

  1. Spain (6.9 tons)

Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in New Zealand

In 2022, shipments abroad of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia decreased by -78.9% to 110 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a dramatic curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 171%. As a result, the exports attained the peak of 1.2 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia shrank sharply to $1.1K in 2022. In general, exports continue to indicate a deep setback. The growth pace was the most rapid in 2020 with an increase of 259% against the previous year. As a result, the exports attained the peak of $5K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in New Zealand (USD)
COUNTRY2019202020212022CAGR,
2019-2022
New CaledoniaN/A7631,664746-1.1%
French PolynesiaN/AN/A41.0226451.2%
Vanuatu94.038563015016.9%
Samoa1,2073,6881,038N/A-7.3%
Others83.013653.0N/A-20.1%
Total1,3844,9723,4261,122-6.8%

Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from New Zealand in 2022:

  1. New Caledonia (76.0 kg)
  2. French Polynesia (19.0 kg)
  3. Vanuatu (15.0 kg)

Source: IndexBox Market Intelligence Platform

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