Report Update Apr 1, 2024

New Zealand - Sugar Crop - Market Analysis, Forecast, Size, Trends and Insights

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New Zealand: Sugar Crop Market 2024

Sugar Crop Market Size in New Zealand

After two years of decline, the New Zealand sugar crop market increased by X% to $X in 2022. Over the period under review, consumption recorded significant growth. Sugar crop consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Sugar Crop Production in New Zealand

In value terms, sugar crop production skyrocketed to $X in 2022 estimated in export price. Overall, production posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

In 2022, the average yield of sugar crops in New Zealand amounted to less than X kg per ha, leveling off at the previous year. Over the period under review, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of sugar crops production in New Zealand stood at less than X ha, remaining constant against the year before. Over the period under review, the harvested area showed a relatively flat trend pattern.

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Sugar Crop Exports

Exports from New Zealand

Sugar crop exports from New Zealand shrank remarkably to X tons in 2022, declining by X% against 2021. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sugar crop exports contracted sharply to $X in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at $X in 2021, and then dropped significantly in the following year.

Exports by Country

Taiwan (Chinese) (X tons) was the main destination for sugar crop exports from New Zealand, accounting for a X% share of total exports. Moreover, sugar crop exports to Taiwan (Chinese) exceeded the volume sent to the second major destination, Australia (X kg), threefold.

From 2013 to 2022, the average annual rate of growth in terms of volume to Taiwan (Chinese) stood at X%.

In value terms, Taiwan (Chinese) ($X) remains the key foreign market for sugar crops exports from New Zealand, comprising X% of total exports. The second position in the ranking was taken by Australia ($X), with a X% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of value to Taiwan (Chinese) totaled X%.

Export Prices by Country

In 2022, the average sugar crop export price amounted to $X per ton, reducing by X% against the previous year. Overall, the export price, however, saw a resilient expansion. The growth pace was the most rapid in 2021 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then fell in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Australia totaled $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (X%).

Sugar Crop Imports

Imports into New Zealand

After two years of decline, purchases abroad of sugar crops increased by X% to X tons in 2022. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, sugar crop imports soared to $X in 2022. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the UK (X tons) was the main supplier of sugar crop to New Zealand, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the UK stood at X%.

In value terms, the UK ($X) constituted the largest supplier of sugar crops to New Zealand.

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

Import Prices by Country

The average sugar crop import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sugar crops in the world?

The countries with the highest volumes of consumption in 2023 were Brazil, India and China, together comprising 58% of global consumption. Pakistan, Thailand, the United States, Mexico, Russia, Colombia and Indonesia lagged somewhat behind, together accounting for a further 19%.

What are the largest producers of sugar crops in the world?

The countries with the highest volumes of production in 2022 were Brazil, India and China, with a combined 59% share of global production. Thailand, Pakistan, the United States, Mexico, Russia and Colombia lagged somewhat behind, together accounting for a further 17%.

What are the leading suppliers of sugar crops to New Zealand?

In value terms, the UK constituted the largest supplier of sugar crops to New Zealand.

What are the leading importers of sugar crops from New Zealand?

In value terms, Taiwan Chinese) remains the key foreign market for sugar crops exports from New Zealand, comprising 98% of total exports. The second position in the ranking was held by Australia, with a 2.1% share of total exports.

What is the average export price for sugar crops in New Zealand?

In 2022, the average sugar crop export price amounted to $48,167 per ton, declining by -14.5% against the previous year.

What is the average import price for sugar crops in New Zealand?

In 2022, the average sugar crop import price amounted to $824 per ton, picking up by 13% against the previous year.

This report provides an in-depth analysis of the sugar crop 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 161 - Sugar crops nes
FCL 156 - Sugar cane
FCL 459 - Chicory roots
FCL 157 - Sugar beet
FCL 461 - Carobs
FCL 460 - Vegetable products, fresh or dry nes

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