New Zealand - Sugary Soft Drinks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSugary Soft Drink Price in New Zealand - 2023
Contents:
- Sugary Soft Drink Price in New Zealand (FOB) - 2023
- Sugary Soft Drink Price in New Zealand (CIF) - 2023
- Sugary Soft Drink Exports in New Zealand
- Sugary Soft Drink Imports in New Zealand
Sugary Soft Drink Price in New Zealand (FOB) - 2023
In September 2023, the average sugary soft drink export price amounted to $1.9 per litre, declining by -12.4% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in August 2023 an increase of 31% month-to-month. As a result, the export price reached the peak level of $2.2 per litre, and then shrank in the following month.
As there is only one major export destination, the average price level is determined by prices for Australia.
From September 2022 to September 2023, the rate of growth in terms of prices for Australia amounted to +2.5% per month.
Sugary Soft Drink Price in New Zealand (CIF) - 2023
In September 2023, the average sugary soft drink import price amounted to $1.4 per litre, standing approximately at the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average import price increased by 12% m-o-m. As a result, import price attained the peak level of $1.6 per litre. From March 2023 to September 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the UK ($2.7 per litre), while the price for Malaysia ($613 per thousand litres) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Sugary Soft Drink Exports in New Zealand
Sugary soft drink exports from New Zealand skyrocketed to 125M litres in 2022, rising by 56% against the year before. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, sugary soft drink exports soared to $184M in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Sugary Soft Drink in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 86.8 | 88.4 | 110 | 177 | 26.8% |
| Cook Islands | 2.0 | 1.4 | 1.9 | 2.0 | 0.0% |
| Others | 2.2 | 2.1 | 2.8 | 4.8 | 29.7% |
| Total | 91.0 | 91.9 | 115 | 184 | 26.5% |
Top Export Markets for Sugary Soft Drink from New Zealand in 2022:
- Australia (120.7M litres)
- Cook Islands (1.6M litres)
Sugary Soft Drink Imports in New Zealand
In 2022, approx. 39M litres of sugary soft drinks were imported into New Zealand; leveling off at the previous year. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 32%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, sugary soft drink imports reached $58M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.0% 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 +50.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 49% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Sugary Soft Drink in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 14.4 | 9.4 | 14.9 | 15.5 | 2.5% |
| United States | 7.5 | 7.8 | 7.0 | 8.6 | 4.7% |
| Austria | 6.2 | 5.4 | 8.1 | 7.4 | 6.1% |
| United Kingdom | 2.4 | 3.3 | 7.4 | 5.8 | 34.2% |
| Switzerland | 4.4 | 3.8 | 5.0 | 4.4 | 0.0% |
| Belgium | 1.6 | 2.3 | 5.8 | 4.1 | 36.8% |
| Sweden | N/A | 0.2 | 1.2 | 1.8 | 200.0% |
| China | 1.7 | 1.5 | 1.5 | 1.4 | -6.3% |
| Thailand | 0.5 | 0.6 | 0.9 | 1.1 | 30.1% |
| Malaysia | 1.4 | 0.9 | 0.7 | 1.0 | -10.6% |
| Others | 3.2 | 3.1 | 4.7 | 6.6 | 27.3% |
| Total | 43.3 | 38.4 | 57.2 | 57.7 | 10.0% |
Top Suppliers of Sugary Soft Drink to New Zealand in 2022:
- Australia (11.4M litres)
- Austria (6.3M litres)
- United States (4.2M litres)
- Switzerland (3.7M litres)
- Belgium (3.2M litres)
- United Kingdom (1.9M litres)
- Sweden (1.8M litres)
- Malaysia (1.1M litres)
- China (1.1M litres)
- Thailand (0.8M litres)
This report provides an in-depth analysis of the sugary soft drink market 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:
- Prodcom 11071930 - Waters, with added sugar, other sweetening matter or flavoured, i.e. soft drinks (including mineral and aerated)
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
-
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
- 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 VOLUME AND VALUE
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
- 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
- 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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