New Zealand: Canned Pineapple Market 2024

Canned Pineapple Market Size in New Zealand

The New Zealand canned pineapple market surged to $X in 2022, rising by 47% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +3.4% 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 +71.8% against 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Canned Pineapple Exports

Exports from New Zealand

In 2022, shipments abroad of canned pineapples increased by 79% to X tons, rising for the second consecutive year after four years of decline. Overall, exports, however, saw a perceptible decrease. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, canned pineapple exports soared to $X in 2022. In general, total exports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +114.2% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Tonga (X tons), Australia (X tons) and Cook Islands (X tons) were the main destinations of canned pineapple exports from New Zealand, with a combined 70% share of total exports. Togo, Marshall Islands, Samoa and Kiribati lagged somewhat behind, together comprising a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Marshall Islands (with a CAGR of +50.2%), while the other leaders experienced more modest paces of growth.

In value terms, Tonga ($X), Australia ($X) and Cook Islands ($X) constituted the largest markets for canned pineapple exported from New Zealand worldwide, together accounting for 71% of total exports. Togo, Marshall Islands, Samoa and Kiribati lagged somewhat behind, together accounting for a further 22%.

In terms of the main countries of destination, Kiribati, with a CAGR of +56.9%, 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

In 2022, the average canned pineapple export price amounted to $X per ton, increasing by 5.5% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, canned pineapple export price decreased by -14.9% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 28%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cook Islands ($X per ton), while the average price for exports to Tonga ($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 Kiribati (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Canned Pineapple Imports

Imports into New Zealand

In 2022, approx. X tons of canned pineapples were imported into New Zealand; with an increase of 32% on the year before. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by 42% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, canned pineapple imports skyrocketed to $X in 2022. In general, total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Indonesia (X tons), the Philippines (X tons) and Thailand (X tons) were the main suppliers of canned pineapple imports to New Zealand, with a combined 98% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of +25.2%), while imports for the other leaders experienced a decline.

In value terms, the largest canned pineapple suppliers to New Zealand were Indonesia ($X), the Philippines ($X) and Thailand ($X), together comprising 97% of total imports.

Among the main suppliers, Indonesia, with a CAGR of +27.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average canned pineapple import price amounted to $X per ton, rising by 15% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, canned pineapple import price increased by +42.7% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of 34%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Philippines ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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