Report Update Apr 1, 2024

New Zealand - Plantains - Market Analysis, Forecast, Size, Trends and Insights

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New Zealand: Plantain Market 2024

Plantain Market Size in New Zealand

In 2022, the New Zealand plantain market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. In general, consumption showed a precipitous decrease. Plantain consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Plantain Exports

Exports from New Zealand

In 2022, approx. X kg of plantains were exported from New Zealand; jumping by X% against the year before. In general, exports, however, faced a deep downturn. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, plantain exports soared to $X in 2022. Overall, exports, however, faced a drastic downturn. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

French Polynesia (X kg) was the main destination for plantain exports from New Zealand, with a X% share of total exports. Moreover, plantain exports to French Polynesia exceeded the volume sent to the second major destination, Vanuatu (X kg), sevenfold. Tonga (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to French Polynesia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vanuatu (X% per year) and Tonga (X% per year).

In value terms, French Polynesia ($X) emerged as the key foreign market for plantains exports from New Zealand, comprising X% of total exports. The second position in the ranking was taken by Vanuatu ($X), with a X% share of total exports. It was followed by Fiji, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to French Polynesia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vanuatu (X% per year) and Fiji (X% per year).

Export Prices by Country

The average plantain export price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Fiji ($X per ton), while the average price for exports to French Polynesia ($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 Niue (X%), while the prices for the other major destinations experienced a decline.

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Plantain Imports

Imports into New Zealand

After three years of growth, supplies from abroad of plantains decreased by X% to X tons in 2022. Over the period under review, imports recorded a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, plantain imports contracted sharply to $X in 2022. In general, imports saw a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

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

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

In value terms, Ecuador ($X) constituted the largest supplier of plantains to New Zealand, comprising X% of total imports. The second position in the ranking was taken by the Philippines ($X), with a X% share of total imports. It was followed by Fiji, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Ecuador stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and Fiji (X% per year).

Import Prices by Country

In 2022, the average plantain import price amounted to $X per ton, reducing by X% against the previous year. Overall, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for plantains in the world?

The countries with the highest volumes of consumption in 2023 were Uganda, Democratic Republic of the Congo and Cameroon, with a combined 47% share of global consumption.

What are the largest producers of plantains in the world?

The countries with the highest volumes of production in 2022 were Uganda, Democratic Republic of the Congo and Cameroon, with a combined 42% share of global production.

What are the leading suppliers of plantains to New Zealand?

In value terms, Ecuador constituted the largest supplier of plantains to New Zealand, comprising 61% of total imports. The second position in the ranking was taken by the Philippines, with a 12% share of total imports. It was followed by Fiji, with a 10% share.

What are the leading importers of plantains from New Zealand?

In value terms, French Polynesia $908) emerged as the key foreign market for plantains exports from New Zealand, comprising 53% of total exports. The second position in the ranking was held by Vanuatu $324), with a 19% share of total exports. It was followed by Fiji, with a 13% share.

What is the average export price for plantains in New Zealand?

In 2022, the average plantain export price amounted to $1,916 per ton, dropping by -41.2% against the previous year.

What is the average import price for plantains in New Zealand?

The average plantain import price stood at $852 per ton in 2022, waning by -37.2% against the previous year.

This report provides an in-depth analysis of the plantain 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:

FCL 489 - Plantains

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023