New Zealand: Poultry Market 2024

Poultry Market Size in New Zealand

The New Zealand poultry market contracted modestly to $X in 2022, with a decrease of X% against the previous year. Overall, consumption showed a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when the market value increased by X%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Poultry Production in New Zealand

In value terms, poultry production declined to $X in 2022 estimated in export price. In general, production showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The average yield of poultry in New Zealand was estimated at X kg per head in 2022, approximately reflecting 2021 figures. Overall, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The poultry yield peaked in 2022 and is expected to retain growth in the near future.

The number of animals slaughtered for poultry production in New Zealand reached X heads in 2022, approximately equating the previous year. 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 growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, this number reached the peak level at X heads in 2019; however, from 2020 to 2022, producing animals failed to regain momentum.

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Poultry Exports

Exports from New Zealand

In 2022, the amount of poultry exported from New Zealand declined to X tons, falling by X% on the previous year. In general, total exports indicated notable growth from 2012 to 2022: its volume 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, exports decreased by X% against 2018 indices. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, poultry exports dropped to $X in 2022. Over the period under review, exports saw a noticeable slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Fiji (X tons), Papua New Guinea (X tons) and Vanuatu (X tons) were the main destinations of poultry exports from New Zealand, together accounting for X% of total exports. Tonga, the Philippines, the United Arab Emirates, Solomon Islands and Australia lagged somewhat behind, together comprising 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 the Philippines (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Papua New Guinea ($X), Fiji ($X) and the United Arab Emirates ($X) were the largest markets for poultry exported from New Zealand worldwide, together accounting for X% of total exports. Vanuatu, the Philippines, Tonga, Australia and Solomon Islands lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, the Philippines, with a CAGR of X%, saw the highest rates of growth with regard to 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 poultry export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 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 the United Arab Emirates ($X per ton), while the average price for exports to Tonga ($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 Arab Emirates (X%), while the prices for the other major destinations experienced mixed trend patterns.

Poultry Imports

Imports into New Zealand

In 2022, overseas purchases of poultry increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, poultry imports surged to $X in 2022. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) was the main supplier of poultry to New Zealand, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled X%.

In value terms, the United States ($X) constituted the largest supplier of poultry to New Zealand.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to X%.

Import Prices by Country

In 2022, the average poultry import price amounted to $X per ton, rising by X% against the previous year. In general, the import price posted a slight increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Source: IndexBox Platform

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