New Zealand: Primary Fiber Crops Market 2024

Primary Fiber Crops Market Size in New Zealand

The New Zealand primary fiber crops market contracted modestly to $X in 2022, with a decrease of X% against the previous year. Overall, the total consumption indicated tangible growth from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. Primary fiber crops consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Primary Fiber Crops Production in New Zealand

In value terms, primary fiber crops production reduced to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. Primary fiber crops production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

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Primary Fiber Crops Exports

Exports from New Zealand

In 2022, exports of fiber crops (primary) from New Zealand soared to X tons, rising by X% compared with the year before. Over the period under review, exports saw a buoyant increase. The pace of growth was the most pronounced in 2019 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, primary fiber crops exports surged to $X in 2022. In general, exports recorded a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia (X tons) was the main destination for primary fiber crops exports from New Zealand, accounting for a X% share of total exports. It was followed by the United States (X kg), with less than X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia amounted to X%.

In value terms, Australia ($X) emerged as the key foreign market for fiber crops (primary) exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia stood at X%.

Export Prices by Country

In 2022, the average primary fiber crops export price amounted to $X per ton, jumping by X% against the previous year. Overall, the export price posted a noticeable increase. The pace of growth appeared the most rapid in 2014 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 the United States ($X per ton), while the average price for exports to Australia totaled $X per ton.

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 mixed trend patterns.

Primary Fiber Crops Imports

Imports into New Zealand

In 2022, imports of fiber crops (primary) into New Zealand expanded slightly to X tons, picking up by X% on the previous year's figure. Overall, total imports indicated a tangible increase 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, primary fiber crops imports surged to $X in 2022. Over the period under review, imports posted a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, India (X tons) constituted the largest primary fiber crops supplier to New Zealand, accounting for a X% share of total imports. Moreover, primary fiber crops imports from India exceeded the figures recorded by the second-largest supplier, Sri Lanka (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from India amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (X% per year) and Tanzania (X% per year).

In value terms, India ($X) constituted the largest supplier of fiber crops (primary) to New Zealand, comprising X% of total imports. The second position in the ranking was taken by Sri Lanka ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (X% per year) and Tanzania (X% per year).

Import Prices by Country

The average primary fiber crops import price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, import price indicated moderate growth 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, primary fiber crops import price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform

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