Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in New Zealand - 2023
Contents:
- Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in New Zealand (FOB) - 2022
- Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in New Zealand (CIF) - 2022
- Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in New Zealand
- Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in New Zealand
Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in New Zealand (FOB) - 2022
The average export price for fresh or chilled lettuce, other than cabbage lettuce stood at $4,640 per ton in 2022, growing by 3.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2014 when the average export price increased by 38%. The export price peaked at $5,512 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was French Polynesia ($6,387 per ton), while the average price for exports to Samoa ($3,665 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 Fiji (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in New Zealand (CIF) - 2022
In 2022, the average import price for fresh or chilled lettuce, other than cabbage lettuce amounted to $5,091 per ton, reducing by -16.2% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fresh or chilled lettuce, other than cabbage lettuce increased by +40.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 67%. As a result, import price reached the peak level of $6,075 per ton, and then fell rapidly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +15.0% per year.
Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in New Zealand
In 2022, approx. 77 tons of fresh or chilled lettuce, other than cabbage lettuce were exported from New Zealand; growing by 113% on the year before. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fresh or chilled lettuce, other than cabbage lettuce surged to $358K in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 92.7 | 122 | 38.2 | 217 | 32.8% |
| Fiji | 4.5 | 30.4 | 84.2 | 111 | 191.1% |
| French Polynesia | 1.9 | 20.5 | 21.6 | 24.4 | 134.2% |
| Samoa | 15.4 | 6.2 | 3.1 | 4.6 | -33.2% |
| Hong Kong SAR | 24.0 | 22.5 | 13.5 | N/A | -25.0% |
| Others | 6.3 | 6.6 | 2.7 | 0.9 | -47.7% |
| Total | 145 | 208 | 163 | 358 | 35.2% |
Top Export Markets for Fresh or Chilled Lettuce, Other than Cabbage Lettuce from New Zealand in 2022:
- Australia (45.6 tons)
- Fiji (26.4 tons)
- French Polynesia (3.8 tons)
- Samoa (1.2 tons)
Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in New Zealand
After three years of growth, supplies from abroad of fresh or chilled lettuce, other than cabbage lettuce decreased by -16.2% to 11 tons in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 80%.
In value terms, imports of fresh or chilled lettuce, other than cabbage lettuce declined sharply to $57K in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 148% against the previous year. As a result, imports reached the peak of $81K, and then reduced rapidly in the following year.
| Import of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 19.6 | 4.0 | 76.8 | 56.8 | 42.6% |
| Chile | N/A | 14.1 | N/A | N/A | 0% |
| Netherlands | N/A | 14.6 | N/A | N/A | 0% |
| Others | N/A | N/A | 4.1 | N/A | 0% |
| Total | 19.6 | 32.7 | 81.0 | 56.8 | 42.6% |
Top Suppliers of Fresh or Chilled Lettuce, Other than Cabbage Lettuce to New Zealand in 2022:
- Australia (11.2 tons)
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