New Zealand: Fruit Market 2024

Fruit Market Size in New Zealand

The New Zealand fruit market expanded markedly to $X in 2022, rising by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Fruit consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Fruit Production in New Zealand

In value terms, fruit production expanded slightly to $X in 2022 estimated in export price. In general, the total production indicated a resilient 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Fruit production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

In 2022, the average yield of fruits in New Zealand reduced modestly to X tons per ha, which is down by X% against 2021. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the yield increased by X% against the previous year. Over the period under review, the average fruit yield attained the peak level at X tons per ha in 2021, and then fell slightly in the following year. 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 fruits production in New Zealand was estimated at X ha, stabilizing at the previous year's figure. Overall, the harvested area saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2017 to 2022, the growth of the fruit harvested area remained at a lower figure.

Fruit Exports

Exports from New Zealand

In 2022, overseas shipments of fruits decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then contracted in the following year.

In value terms, fruit exports reduced to $X in 2022. Over the period under review, exports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2021, and then dropped in the following year.

Exports by Country

China (X tons), Japan (X tons) and the United States (X tons) were the main destinations of fruit exports from New Zealand, with a combined X% share of total exports. Taiwan (Chinese), Vietnam, South Korea, Australia, Thailand, India, the UK, Germany, Hong Kong SAR and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

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

In value terms, China ($X), Japan ($X) and Taiwan (Chinese) ($X) appeared to be the largest markets for fruit exported from New Zealand worldwide, with a combined X% share of total exports. South Korea, the United States, Vietnam, Australia, Hong Kong SAR, Thailand, India, the UK, the United Arab Emirates and Germany lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Vietnam, 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

In 2022, the average fruit export price amounted to $X per ton, dropping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The export price peaked at $X per ton in 2021, and then reduced in the following year.

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

Fruit Imports

Imports into New Zealand

In 2022, purchases abroad of fruits decreased by X% to X tons, falling for the fifth consecutive year after three years of growth. Over the period under review, imports recorded a slight contraction. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, fruit imports expanded to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Ecuador (X tons) constituted the largest fruit supplier to New Zealand, accounting for a X% share of total imports. Moreover, fruit imports from Ecuador exceeded the figures recorded by the second-largest supplier, the Philippines (X tons), twofold. The third position in this ranking was held by Australia (X tons), with a X% share.

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

In value terms, the largest fruit suppliers to New Zealand were Ecuador ($X), Australia ($X) and the United States ($X), with a combined X% share of total imports. The Philippines and Mexico lagged somewhat behind, together accounting for a further X%.

Mexico, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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 fruit import price stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Ecuador ($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 United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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