New Zealand: Market for Prepared Or Preserved Shoulders And Cuts Of Swine Meat 2024

Market Size for Prepared Or Preserved Shoulders And Cuts Of Swine Meat in New Zealand

The New Zealand preserved swine meat cut market declined to $X in 2022, standing approx. at the previous year. Over the period under review, consumption showed a abrupt descent. Preserved swine meat cut consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Prepared Or Preserved Shoulders And Cuts Of Swine Meat in New Zealand

In value terms, preserved swine meat cut production amounted to $X in 2022 estimated in export price. In general, production saw a drastic downturn. The growth pace was the most rapid in 2015 when the production volume increased by X%. Preserved swine meat cut production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Exports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Exports from New Zealand

Preserved swine meat cut exports from New Zealand shrank significantly to X tons in 2022, which is down by X% on 2021. In general, exports, however, posted a resilient expansion. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, preserved swine meat cut exports reduced dramatically to $X in 2022. Over the period under review, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then shrank significantly in the following year.

Exports by Country

Cook Islands (X tons) was the main destination for preserved swine meat cut exports from New Zealand, accounting for a X% share of total exports. Moreover, preserved swine meat cut exports to Cook Islands exceeded the volume sent to the second major destination, Niue (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Cook Islands totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Niue (X% per year) and Norfolk Island (X% per year).

In value terms, Cook Islands ($X) remains the key foreign market for prepared or preserved shoulders and cuts of swine meat exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by Niue ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Cook Islands stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Niue (X% per year) and Norfolk Island (X% per year).

Export Prices by Country

In 2022, the average preserved swine meat cut export price amounted to $X per ton, which is down by X% against the previous year. Overall, the export price showed a noticeable descent. The most prominent rate of growth was recorded in 2020 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.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norfolk Island ($X per ton), while the average price for exports to Cook Islands ($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 Australia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Imports into New Zealand

In 2022, purchases abroad of prepared or preserved shoulders and cuts of swine meat increased by X% to X kg, rising for the second year in a row after two years of decline. In general, imports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, preserved swine meat cut imports surged to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt contraction. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X kg) constituted the largest preserved swine meat cut supplier to New Zealand, with a X% share of total imports. Moreover, preserved swine meat cut imports from Italy exceeded the figures recorded by the second-largest supplier, Australia (X kg), twofold.

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

In value terms, the largest preserved swine meat cut suppliers to New Zealand were Spain ($X), Italy ($X) and Australia ($X).

Australia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 preserved swine meat cut import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price enjoyed a prominent increase. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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