New Zealand: Preserved Asparagus Market 2024

Preserved Asparagus Market Size in New Zealand

The New Zealand preserved asparagus market reduced remarkably to $X in 2022, which is down by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a slight descent. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Preserved Asparagus Exports

Exports from New Zealand

In 2022, exports of preserved asparagus from New Zealand reduced notably to X kg, shrinking by X% compared with 2021. Over the period under review, exports showed a precipitous descent. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, preserved asparagus exports contracted notably to $X in 2022. Overall, exports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Cook Islands (X kg), Australia (X kg) and Norfolk Island (X kg) were the main destinations of preserved asparagus exports from New Zealand, with a combined X% share of total exports. Vanuatu and Niue lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Vanuatu (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Cook Islands ($X), Norfolk Island ($X) and Australia ($X) appeared to be the largest markets for preserved asparagus exported from New Zealand worldwide, together accounting for X% of total exports.

Cook Islands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average preserved asparagus export price amounted to $X per ton, with an increase of X% against the previous year. In general, export price indicated a resilient expansion from 2012 to 2022: its price 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, preserved asparagus export price increased by X% against 2020 indices. The growth pace was the most rapid in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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

Preserved Asparagus Imports

Imports into New Zealand

Preserved asparagus imports into New Zealand fell notably to X tons in 2022, which is down by X% on the previous year. In general, imports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, preserved asparagus imports declined notably to $X in 2022. Over the period under review, imports continue to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Peru (X tons) constituted the largest preserved asparagus supplier to New Zealand, accounting for a X% share of total imports. Moreover, preserved asparagus imports from Peru exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Peru totaled X%.

In value terms, Peru ($X) constituted the largest supplier of preserved asparagus to New Zealand, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Peru totaled X%.

Import Prices by Country

In 2022, the average preserved asparagus import price amounted to $X per ton, jumping by X% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price 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, preserved asparagus import price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 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 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($X per ton), while the price for China stood at $X per ton.

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

Source: IndexBox Platform

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