Report New Zealand - Frozen Crustaceans - Market Analysis, Forecast, Size, Trends and Insights for 499$
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New Zealand - Frozen Crustaceans - Market Analysis, Forecast, Size, Trends and Insights
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New Zealand: Frozen Crustaceans Market 2022

Frozen Crustaceans Market Size in New Zealand

In 2021, after two years of growth, there was significant decline in the New Zealand frozen crustaceans market, when its value decreased by -X% to $X. Over the period under review, consumption showed a relatively flat trend pattern. Frozen crustaceans consumption peaked at $X in 2020, and then reduced markedly in the following year.

Frozen Crustaceans Exports

Exports from New Zealand

Frozen crustaceans exports from New Zealand surged to X tons in 2021, with an increase of X% compared with the previous year. Overall, total exports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, frozen crustaceans exports soared to $X in 2021. Over the period under review, exports enjoyed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons) was the main destination for frozen crustaceans exports from New Zealand, accounting for a X% share of total exports. Moreover, frozen crustaceans exports to China exceeded the volume sent to the second major destination, the United States (X tons), eightfold. Australia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+X% per year) and Australia (+X% per year).

In value terms, China ($X) remains the key foreign market for frozen crustaceans exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with an X% share of total exports. It was followed by Australia, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+X% per year) and Australia (+X% per year).

Export Prices by Country

In 2021, the average frozen crustaceans export price amounted to $X per ton, increasing by X% against the previous year. Overall, the export price saw a resilient expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably countrydestination: the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Tonga ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Crustaceans Imports

Imports into New Zealand

In 2021, overseas purchases of frozen crustaceans decreased by -X% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2020, and then contracted in the following year.

In value terms, frozen crustaceans imports reached $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Vietnam (X tons), India (X tons) and China (X tons) were the main suppliers of frozen crustaceans imports to New Zealand, with a combined X% share of total imports. Ecuador, Malaysia, Thailand, Norway, Australia, the United States, Madagascar and Saudi Arabia lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), China ($X) and India ($X) constituted the largest frozen crustaceans suppliers to New Zealand, with a combined X% share of total imports. Ecuador, Australia, Norway, Thailand, Malaysia, the United States, Madagascar and Saudi Arabia lagged somewhat behind, together comprising a further X United States, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen crustaceans import price stood at $X per ton in 2021, increasing by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Australia ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen crustaceans in the world?
+
The countries with the highest volumes of frozen crustaceans consumption in 2021 were China, the United States and India, together accounting for 33% of global consumption. Russia, Japan, Spain, Bangladesh, Pakistan, Nigeria, Brazil, Indonesia, Mexico and Vietnam lagged somewhat behind, together accounting for a further 28%.
What are the largest producers of frozen crustaceans in the world?
+
The countries with the highest volumes of frozen crustaceans production in 2021 were India, Ecuador and China, together accounting for 38% of global production. Indonesia, Vietnam, Argentina, Russia, Bangladesh, Pakistan, Canada, Brazil, Nigeria and Mexico lagged somewhat behind, together accounting for a further 34%.
What are the leading suppliers of frozen crustaceans to New Zealand?
+
In value terms, the largest frozen crustaceans suppliers to New Zealand were Vietnam, China and India, together comprising 61% of total imports. These countries were followed by Ecuador, Australia, Norway, Thailand, Malaysia, the United States, Madagascar and Saudi Arabia, which together accounted for a further 32%.
What are the leading importers of frozen crustaceans from New Zealand?
+
In value terms, China remains the key foreign market for frozen crustaceans exports from New Zealand, comprising 77% of total exports. The second position in the ranking was taken by the United States, with an 8.8% share of total exports. It was followed by Australia, with a 4.9% share.
What is the average export price for frozen crustaceans in New Zealand?
+
The average frozen crustaceans export price stood at $39,589 per ton in 2021, increasing by 22% against the previous year.
What is the average import price for frozen crustaceans in New Zealand?
+
The average frozen crustaceans import price stood at $8,879 per ton in 2021, with an increase of 12% against the previous year.

This report provides an in-depth analysis of the frozen crustaceans 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 10203100 - Frozen crustaceans, frozen flours, meals and pellets of crustaceans, fit for human consumption
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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