Price for Cereals; Oats, Other than Seed in New Zealand - 2024
Contents:
- Price for Cereals; Oats, Other than Seed in New Zealand (CIF) - 2022
- Price for Cereals; Oats, Other than Seed in New Zealand (FOB) - 2022
- Imports of Cereals; Oats, Other than Seed in New Zealand
- Exports of Cereals; Oats, Other than Seed in New Zealand
Price for Cereals; Oats, Other than Seed in New Zealand (CIF) - 2022
In 2022, the average import price for cereals; oats, other than seeds amounted to $973 per ton, shrinking by -16.1% against the previous year. Over the period under review, the import price recorded a abrupt descent. The pace of growth appeared the most rapid in 2016 an increase of 223%. The import price peaked at $9,122 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($56,231 per ton), while the price for Australia ($792 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Oats, Other than Seed in New Zealand (FOB) - 2022
The average export price for cereals; oats, other than seeds stood at $2,651 per ton in 2022, waning by -30.6% against the previous year. Over the period under review, the export price, however, saw a slight expansion. The most prominent rate of growth was recorded in 2020 an increase of 158% against the previous year. Over the period under review, the average export prices reached the peak figure at $9,895 per ton in 2014; however, from 2015 to 2022, the export prices stood 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 ($6,413 per ton), while the average price for exports to Fiji ($2,126 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 Papua New Guinea (+15.5%), while the prices for the other major destinations experienced a decline.
Imports of Cereals; Oats, Other than Seed in New Zealand
In 2022, approx. 174 tons of cereals; oats, other than seeds were imported into New Zealand; with an increase of 168% compared with the previous year. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 762% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, cereals; oats, other than seed imports soared to $169K in 2022. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 235%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Cereals; Oats, Other than Seed in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | N/A | 44.3 | 131 | 195.7% |
| India | 5.7 | 17.2 | 14.9 | 34.0 | 81.4% |
| China | 2.4 | 3.0 | 9.9 | 1.7 | -10.9% |
| Others | 4.8 | 2.3 | 6.3 | 2.8 | -16.4% |
| Total | 12.9 | 22.5 | 75.4 | 169 | 135.7% |
Top Suppliers of Cereals; Oats, Other than Seed to New Zealand in 2022:
- Australia (165.1 tons)
- India (7.7 tons)
- China (1.0 tons)
Exports of Cereals; Oats, Other than Seed in New Zealand
In 2022, the amount of cereals; oats, other than seeds exported from New Zealand shrank dramatically to 3.7 tons, falling by -87.8% on 2021 figures. In general, exports showed a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 714% against the previous year.
In value terms, cereals; oats, other than seed exports declined rapidly to $9.8K in 2022. Overall, exports showed a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 1,131% against the previous year. As a result, the exports attained the peak of $116K, and then declined rapidly in the following year.
| Export of Cereals; Oats, Other than Seed in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | N/A | 4.9 | 6.3 | 4.4 | -5.2% |
| Cook Islands | N/A | 0.3 | 0.7 | 2.3 | 176.9% |
| Papua New Guinea | N/A | 0.3 | 0.4 | 1.5 | 123.6% |
| Tonga | 0.2 | 3.8 | 0.3 | 1.1 | 76.5% |
| Niue | N/A | N/A | 0.9 | 0.6 | -33.3% |
| Hong Kong SAR | 51.7 | N/A | N/A | N/A | 0% |
| China | N/A | N/A | 107 | N/A | 0% |
| Others | 0.4 | N/A | 0.3 | N/A | -13.4% |
| Total | 52.2 | 9.4 | 116 | 9.8 | -42.7% |
Top Export Markets for Cereals; Oats, Other than Seed from New Zealand in 2022:
- Fiji (2070.0 kg)
- Papua New Guinea (630.0 kg)
- Cook Islands (599.0 kg)
- Tonga (312.0 kg)
- Niue (92.0 kg)
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