New Zealand: Green Bean Market 2024

Green Bean Market Size in New Zealand

The New Zealand green bean market stood at $X in 2022, increasing by X% against the previous year. In general, the total consumption indicated a noticeable increase 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 decreased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Green Bean Production in New Zealand

In value terms, green bean production declined to $X in 2022 estimated in export price. Over the period under review, production recorded a resilient increase. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

In 2022, the average yield of green beans in New Zealand rose to X tons per ha, picking up by X% against 2021. Over the period under review, the yield indicated resilient growth from 2012 to 2022: its figure 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, green bean yield increased by X% against 2019 indices. The pace of growth was the most pronounced in 2014 when the yield increased by X%. As a result, the yield attained the peak level of X tons per ha. From 2015 to 2022, the growth of the average green bean yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of green beans production in New Zealand surged to X ha, increasing by X% compared with the previous year. Overall, the harvested area, however, continues to indicate a mild descent. Over the period under review, the harvested area dedicated to green bean production reached the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

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Green Bean Exports

Exports from New Zealand

In 2022, approx. X tons of green beans were exported from New Zealand; with a decrease of X% on the year before. In general, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, green bean exports declined remarkably to $X in 2022. Over the period under review, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Cook Islands (X kg), Bahrain (X kg) and Fiji (X kg) were the main destinations of green bean exports from New Zealand, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cook Islands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Fiji ($X), Cook Islands ($X) and Hong Kong SAR ($X) appeared to be the largest markets for green bean exported from New Zealand worldwide, together comprising X% of total exports.

Among the main countries of destination, Cook Islands, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average green bean export price stood at $X per ton in 2022, jumping by X% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price 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, green bean export price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($X per ton), while the average price for exports to Bahrain ($X 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 Vanuatu (X%), while the prices for the other major destinations experienced more modest paces of growth.

Green Bean Imports

Imports into New Zealand

In 2022, the amount of green beans imported into New Zealand reduced rapidly to X tons, dropping by X% compared with the year before. In general, imports showed a deep contraction. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, green bean imports reduced notably to $X in 2022. Over the period under review, imports showed a slight descent. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then fell notably in the following year.

Imports by Country

In 2022, Australia (X tons) was the main supplier of green bean to New Zealand, accounting for a X% share of total imports. Moreover, green bean imports from Australia exceeded the figures recorded by the second-largest supplier, Fiji (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Australia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Fiji (X% per year) and the United States (X% per year).

In value terms, Australia ($X) constituted the largest supplier of green beans to New Zealand, comprising X% of total imports. The second position in the ranking was taken by Fiji ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Australia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Fiji (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average green bean import price amounted to $X per ton, rising by X% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price 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, green bean import price increased by X% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Fiji (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform