
New Zealand - Vegetable - Market Analysis, Forecast, Size, Trends and Insights
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New Zealand: Vegetable Market 2022
Vegetable Market Size in New Zealand
In 2021, the New Zealand vegetable market increased by X% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption saw a relatively flat trend pattern. Vegetable consumption peaked at $X in 2012; afterwards, it flattened through to 2021.
Vegetable Production in New Zealand
In value terms, vegetable production expanded to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. Vegetable production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.
The average yield of vegetables in New Zealand stood at X tonnes per ha in 2021, standing approx. at 2020. In general, the yield continues to indicate a mild increase. The most prominent rate of growth was recorded in 2014 when the yield increased by X%. Over the period under review, the average vegetable yield reached the peak level in 2021 and is expected to retain growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The vegetable harvested area in New Zealand reduced modestly to X ha in 2021, approximately mirroring the year before. In general, the harvested area continues to indicate a mild descent. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the harvested area dedicated to vegetable production reached the peak figure at X ha in 2012; however, from 2013 to 2021, the harvested area stood at a somewhat lower figure.
Vegetable Exports
Exports from New Zealand
In 2021, overseas shipments of vegetables decreased by -X% to X tonnes for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tonnes in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
In value terms, vegetable exports dropped remarkably to $X in 2021. In general, exports showed a pronounced decrease. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.
Exports by Country
Japan (X tonnes), Indonesia (X tonnes) and Fiji (X tonnes) were the main destinations of vegetable exports from New Zealand, with a combined X% share of total exports. These countries were followed by Germany, the United States, South Korea, Malaysia, the Netherlands, Taiwan (Chinese), the UK, China, France and Spain, which together accounted for a further X 2012 to 2021, the biggest increases were in Spain (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Japan ($X) remains the key foreign market for vegetable exports from New Zealand, comprising X% of total exports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of total exports. It was followed by Fiji, with a X% share.
From 2012 to 2021, the average annual growth rate of value to Japan totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+X% per year) and Fiji (+X% per year).
Export Prices by Country
The average vegetable export price stood at $X per tonne in 2021, rising by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was China ($X per tonne), while the average price for exports to the United States ($X per tonne) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+X%), while the prices for the other major destinations experienced more modest paces of growth.
Vegetable Imports
Imports into New Zealand
In 2021, overseas purchases of vegetables decreased by -X% to X tonnes, falling for the second year in a row after three years of growth. Overall, imports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports hit record highs at X tonnes in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.
In value terms, vegetable imports rose remarkably to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth imports remained at a somewhat lower figure.
Imports by Country
China (X tonnes), Australia (X tonnes) and Fiji (X tonnes) were the main suppliers of vegetable imports to New Zealand, with a combined X% share of total imports. The United States and Tonga lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Tonga (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Australia ($X), China ($X) and Fiji ($X) constituted the largest vegetable suppliers to New Zealand.
Tonga, with a CAGR of +X%, saw 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 vegetable import price stood at $X per tonne in 2021, jumping by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per tonne in 2017; afterwards, it flattened through to 2021.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Fiji ($X per tonne), while the price for Tonga ($X per tonne) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Fiji (+X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tonnes |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the vegetable 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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