New Zealand: Meat And Poultry Market 2024

Meat And Poultry Market Size in New Zealand

In 2022, after three years of decline, there was significant growth in the New Zealand meat and poultry market, when its value increased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Meat and poultry consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Meat And Poultry Production in New Zealand

In value terms, meat and poultry production contracted slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

The average yield of meat and poultry in New Zealand shrank to X kg per head in 2022, with a decrease of X% against 2021 figures. Overall, the yield showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the yield increased by X% against the previous year. Over the period under review, the average meat and poultry yield attained the maximum level at X kg per head in 2013; however, from 2014 to 2022, the yield failed to regain momentum.

In 2022, approx. X heads of animals slaughtered for meat and poultry production in New Zealand; remaining relatively unchanged against 2021. This number increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the number of producing animals increased by X% against the previous year. Over the period under review, this number attained the maximum level at X heads in 2019; however, from 2020 to 2022, producing animals failed to regain momentum.

Meat And Poultry Exports

Exports from New Zealand

In 2022, shipments abroad of meat and poultry decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped in the following year.

In value terms, meat and poultry exports reached $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

China (X tons) was the main destination for meat and poultry exports from New Zealand, accounting for a X% share of total exports. Moreover, meat and poultry exports to China exceeded the volume sent to the second major destination, the United States (X tons), threefold. The third position in this ranking was taken by Japan (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume 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 Japan (X% per year).

In value terms, China ($X), the United States ($X) and Japan ($X) constituted the largest markets for meat and poultry exported from New Zealand worldwide, with a combined X% share of total exports.

China, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination 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 meat and poultry export price amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to China ($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 South Korea (X%), while the prices for the other major destinations experienced more modest paces of growth.

Meat And Poultry Imports

Imports into New Zealand

In 2022, the amount of meat and poultry imported into New Zealand contracted to X tons, shrinking by X% on 2021. The total import 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 most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then contracted in the following year.

In value terms, meat and poultry imports shrank remarkably to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then fell notably in the following year.

Imports by Country

Spain (X tons), Germany (X tons) and Australia (X tons) were the main suppliers of meat and poultry imports to New Zealand, together comprising X% of total imports. Finland, Canada, Poland, the United States, Sweden and Denmark lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest meat and poultry suppliers to New Zealand were Australia ($X), Spain ($X) and Germany ($X), with a combined X% share of total imports. Finland, Poland, the United States, Canada, Sweden and Denmark lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average meat and poultry import price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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