New Zealand: Candied Fruit Market 2024

Candied Fruit Market Size in New Zealand

The New Zealand candied fruit market contracted modestly to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption continues to indicate resilient growth. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Candied Fruit Production in New Zealand

In value terms, candied fruit production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production saw prominent growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

The average yield of candied fruits in New Zealand amounted to less than X kg per ha in 2022, leveling off at the previous year. Overall, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The candied fruit harvested area in New Zealand totaled less than X ha in 2022, stabilizing at the year before. Over the period under review, the harvested area saw a relatively flat trend pattern.

Candied Fruit Exports

Exports from New Zealand

After four years of growth, overseas shipments of candied fruits decreased by X% to X tons in 2022. Over the period under review, exports, however, enjoyed a noticeable expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, candied fruit exports declined rapidly to $X in 2022. In general, exports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Japan (X tons), South Korea (X tons) and Fiji (X tons) were the main destinations of candied fruit exports from New Zealand, with a combined X% share of total exports. Singapore, Samoa, Malaysia, Cook Islands and Australia 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 Singapore (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), South Korea ($X) and Malaysia ($X) appeared to be the largest markets for candied fruit exported from New Zealand worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, Japan, 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 candied fruit export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price posted a notable increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

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

Candied Fruit Imports

Imports into New Zealand

After two years of growth, purchases abroad of candied fruits decreased by X% to X tons in 2022. Over the period under review, imports continue to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, candied fruit imports fell dramatically to $X in 2022. In general, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Fiji (X tons), China (X tons) and the Netherlands (X tons) were the main suppliers of candied fruit imports to New Zealand, with a combined X% share of total imports. Thailand, Turkey, India, Taiwan (Chinese), Australia, France and Spain lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest candied fruit suppliers to New Zealand were China ($X), Fiji ($X) and Thailand ($X), with a combined X% share of total imports. The Netherlands, Turkey, Taiwan (Chinese), Australia, India, France and Spain lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average candied fruit import price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped slightly in the following year.

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 Thailand ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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