New Zealand: Avocado Market 2024

Avocado Market Size in New Zealand

In 2022, the New Zealand avocado market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market attained the maximum level in 2022 and is likely to continue growth in the near future.

Avocado Production in New Zealand

In value terms, avocado production expanded remarkably to $X in 2022 estimated in export price. In general, the total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

In 2022, the average avocado yield in New Zealand declined modestly to X tons per ha, leveling off at 2021. The yield figure increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2015 to 2022, the growth of the average avocado yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The avocado harvested area in New Zealand expanded slightly to X ha in 2022, increasing by X% compared with 2021 figures. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2016 when the harvested area increased by X%. The avocado harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

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Avocado Exports

Exports from New Zealand

In 2022, overseas shipments of avocados decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, total exports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, avocado exports fell sharply to $X in 2022. In general, exports, however, saw a mild increase. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Australia (X tons) was the main destination for avocado exports from New Zealand, with a X% share of total exports. Moreover, avocado exports to Australia exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), more than tenfold. Thailand (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Australia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Thailand (X% per year).

In value terms, Australia ($X) remains the key foreign market for avocados exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Hong Kong SAR (X% per year).

Export Prices by Country

The average avocado export price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price saw a mild shrinkage. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Taiwan (Chinese) ($X per ton) and Thailand ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Avocado Imports

Imports into New Zealand

In 2022, the amount of avocados imported into New Zealand soared to X tons, increasing by X% compared with the previous year. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2017 when imports increased by X,500%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, avocado imports skyrocketed to $X in 2022. In general, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X,200%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Ecuador (X tons) was the main supplier of avocado to New Zealand, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Ecuador was relatively modest.

In value terms, Ecuador ($X) constituted the largest supplier of avocados to New Zealand.

From 2012 to 2022, the average annual rate of growth in terms of value from Ecuador was relatively modest.

Import Prices by Country

The average avocado import price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price, however, saw a deep contraction. The growth pace was the most rapid in 2017 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to X% per year.

Source: IndexBox Platform

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