New Zealand - Yoghurt - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Yoghurt and Fermented Milk in New Zealand - 2023
Contents:
- Price for Yoghurt and Fermented Milk in New Zealand (FOB) - 2023
- Price for Yoghurt and Fermented Milk in New Zealand (CIF) - 2023
- Exports of Yoghurt and Fermented Milk in New Zealand
- Imports of Yoghurt and Fermented Milk in New Zealand
Price for Yoghurt and Fermented Milk in New Zealand (FOB) - 2023
The average yoghurt and fermented milk export price stood at $2,981 per ton in September 2023, picking up by 15% against the previous month. In general, the export price, however, saw a pronounced shrinkage. Over the period under review, the average export prices hit record highs at $4,516 per ton in September 2022; however, from October 2022 to September 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In September 2023, the countries with the highest prices were Singapore ($2,953 per ton) and Indonesia ($2,943 per ton), while the average price for exports to Malaysia ($2,580 per ton) and the Philippines ($2,734 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-2.0%), while the prices for the other major destinations experienced a decline.
Price for Yoghurt and Fermented Milk in New Zealand (CIF) - 2023
The average yoghurt and fermented milk import price stood at $6,270 per ton in September 2023, growing by 8.7% against the previous month. Overall, import price indicated a noticeable expansion from September 2022 to September 2023: its price increased at an average monthly rate of +4.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, yoghurt and fermented milk import price increased by +16.0% against July 2023 indices. The pace of growth appeared the most rapid in December 2022 an increase of 30% against the previous month. The import price peaked in September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($10,603 per ton), while the price for China ($1,885 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Australia (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Yoghurt and Fermented Milk in New Zealand
After two years of decline, overseas shipments of yoghurt and fermented milk increased by 4.7% to 37K tons in 2022. In general, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, yoghurt and fermented milk exports surged to $147M in 2022. The total export value increased at an average annual rate of +10.2% over the period from 2019 to 2022; 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.
| Export of Yoghurt and Fermented Milk in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 31.1 | 36.5 | 38.8 | 44.7 | 12.9% |
| Thailand | 22.0 | 18.8 | 21.1 | 29.5 | 10.3% |
| Malaysia | 9.3 | 9.6 | 10.7 | 16.6 | 21.3% |
| Australia | 4.6 | 3.0 | 3.5 | 11.4 | 35.3% |
| Indonesia | 5.1 | 10.0 | 9.1 | 7.0 | 11.1% |
| China | 4.4 | 9.4 | 7.4 | 6.0 | 10.9% |
| Mexico | 1.2 | 3.3 | 5.0 | 5.7 | 68.1% |
| Peru | 5.8 | 1.3 | 1.3 | 4.8 | -6.1% |
| Netherlands | N/A | 0.4 | 5.1 | 4.4 | 231.7% |
| Singapore | 1.0 | 1.2 | 1.2 | 4.0 | 58.7% |
| Oman | N/A | N/A | N/A | 3.2 | 0% |
| United Arab Emirates | 1.9 | 2.1 | 1.1 | 2.3 | 6.6% |
| Yemen | 8.0 | 2.1 | 2.7 | N/A | -41.9% |
| Others | 15.4 | 11.8 | 15.6 | 7.8 | -20.3% |
| Total | 110 | 109 | 123 | 147 | 10.1% |
Top Export Markets for Yoghurt and Fermented Milk from New Zealand in 2022:
- Philippines (11.5K tons)
- Thailand (7.5K tons)
- Malaysia (3.7K tons)
- Australia (2.4K tons)
- Netherlands (2.1K tons)
- Indonesia (1.8K tons)
- China (1.5K tons)
- Mexico (1.3K tons)
- Singapore (1.2K tons)
- Peru (1.2K tons)
- Oman (0.8K tons)
- United Arab Emirates (0.6K tons)
Imports of Yoghurt and Fermented Milk in New Zealand
In 2022, approx. 760 tons of yoghurt and fermented milk were imported into New Zealand; growing by 189% compared with 2021 figures. Overall, imports posted a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, yoghurt and fermented milk imports skyrocketed to $2.9M in 2022. Over the period under review, imports recorded resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Yoghurt and Fermented Milk in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 1,602 | 1,821 | 631 | 2,522 | 16.3% |
| China | 60.2 | 31.7 | 69.3 | 165 | 39.9% |
| Germany | 86.5 | 137 | 145 | 59.7 | -11.6% |
| India | 34.6 | 135 | 40.3 | 55.2 | 16.8% |
| South Korea | N/A | 6.5 | 2.2 | 12.1 | 36.4% |
| Others | 87.2 | 101 | 115 | 57.6 | -12.9% |
| Total | 1,870 | 2,232 | 1,002 | 2,872 | 15.4% |
Top Suppliers of Yoghurt and Fermented Milk to New Zealand in 2022:
- Australia (630.4 tons)
- China (60.8 tons)
- India (25.9 tons)
- South Korea (11.7 tons)
- Germany (11.0 tons)
This report provides an in-depth analysis of the market for yoghurt and fermented milk in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 891 - Yoghurt
- FCL 892 - Yoghurt, Concentrated or Unconcent
- FCL 893 - Buttermilk, Curdled Milk, Acidified Milk
- FCL 899 - Dry Buttermilk
Country coverage:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Discover the top import markets for yoghurt, including the United Kingdom, Italy, Spain, Netherlands, and Belgium. Explore key statistics and data from the IndexBox market intelligence platform.
707
The global yoghurt imports dropped by -7.2% y-o-y to $2.4B in 2020. The UK remains the leading yoghurt importer worldwide. Last year, the UK emerged as the fastest-growing country in terms of yoghurt imports. In 2020, France, Germany and Belgium were the prime suppliers of yoghurt to the UK, providing 80% of the total import volume.
1368
Germany dominates in the global yoghurt trade. In 2014, Germany exported X thousand tons of yoghurt totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total yoghurt exports in v
385
Discover the top import markets for yoghurt, including the United Kingdom, Italy, Spain, Netherlands, and Belgium. Explore key statistics and data from the IndexBox market intelligence platform.
707
The global yoghurt imports dropped by -7.2% y-o-y to $2.4B in 2020. The UK remains the leading yoghurt importer worldwide. Last year, the UK emerged as the fastest-growing country in terms of yoghurt imports. In 2020, France, Germany and Belgium were the prime suppliers of yoghurt to the UK, providing 80% of the total import volume.
1368
Germany dominates in the global yoghurt trade. In 2014, Germany exported X thousand tons of yoghurt totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total yoghurt exports in v
