New Zealand: Sugary Soft Drink Market 2024

Sugary Soft Drink Market Size in New Zealand

The New Zealand sugary soft drink market expanded to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, saw a abrupt decrease. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Sugary Soft Drink Production in New Zealand

In value terms, sugary soft drink production amounted to $X in 2022 estimated in export price. In general, production, however, saw a noticeable shrinkage. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Sugary soft drink production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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Sugary Soft Drink Exports

Exports from New Zealand

In 2022, overseas shipments of sugary soft drinks increased by X% to X litres, rising for the second consecutive year after two years of decline. Over the period under review, exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at X litres in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, sugary soft drink exports expanded notably to $X in 2022. In general, exports showed a prominent expansion. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Australia (X litres) was the main destination for sugary soft drink exports from New Zealand, accounting for a X% share of total exports. It was followed by Cook Islands (X litres), with a X% share of total exports.

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

In value terms, Australia ($X) remains the key foreign market for sugary soft drinks exports from New Zealand, comprising X% of total exports. The second position in the ranking was taken by Cook Islands ($X), with a X% share of total exports.

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

Export Prices by Country

The average sugary soft drink export price stood at $X per litre in 2022, surging by X% against the previous year. Overall, the export price, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per litre in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per litre), while the average price for exports to Cook Islands amounted to $X per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cook Islands (X%).

Sugary Soft Drink Imports

Imports into New Zealand

In 2022, approx. X litres of sugary soft drinks were imported into New Zealand; remaining constant against the previous year's figure. In general, total imports indicated pronounced 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 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, sugary soft drink imports reached $X in 2022. Over the period under review, imports posted temperate growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Australia (X litres), Austria (X litres) and the United States (X litres) were the main suppliers of sugary soft drink imports to New Zealand, with a combined X% share of total imports. Switzerland, Belgium, the UK, Sweden, Malaysia and China lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), the United States ($X) and Austria ($X) constituted the largest sugary soft drink suppliers to New Zealand, together accounting for X% of total imports. The UK, Switzerland, Belgium, Sweden, China and Malaysia lagged somewhat behind, together accounting for a further X%.

Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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 sugary soft drink import price stood at $X per litre in 2022, approximately reflecting the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, import price reached the peak level of $X per litre. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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