New Zealand - Animal And Pet Feed - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAnimal Feed Price in New Zealand - 2023
Contents:
- Animal Feed Price in New Zealand (CIF) - 2022
- Animal Feed Price in New Zealand (FOB) - 2022
- Animal Feed Imports in New Zealand
- Animal Feed Exports in New Zealand
Animal Feed Price in New Zealand (CIF) - 2022
The average animal feed import price stood at $939 per ton in 2022, rising by 13% against the previous year. In general, the import price, however, continues to indicate a noticeable setback. The growth pace was the most rapid in 2015 when the average import price increased by 23% against the previous year. The import price peaked at $1,243 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($2,988 per ton), while the price for Thailand ($282 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Animal Feed Price in New Zealand (FOB) - 2022
In 2022, the average animal feed export price amounted to $1,646 per ton, rising by 16% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2017 an increase of 26%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($4,268 per ton), while the average price for exports to Samoa ($536 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 China (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.
Animal Feed Imports in New Zealand
In 2022, overseas purchases of animal and pet feed decreased by -10.6% to 150K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of 168K tons, and then fell in the following year.
In value terms, animal feed imports amounted to $141M in 2022. The total import value increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 19%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
Import of Animal Feed in New Zealand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 50.7 | 71.8 | 84.4 | 85.6 | 19.1% |
Thailand | 11.6 | 12.4 | 17.4 | 18.1 | 16.0% |
United Kingdom | 8.2 | 7.6 | 7.3 | 8.2 | 0.0% |
Others | 35.8 | 25.4 | 30.4 | 29.2 | -6.6% |
Total | 106 | 117 | 139 | 141 | 10.0% |
Top Suppliers of Animal Feed to New Zealand in 2022:
- Australia (70.9K tons)
- Thailand (64.1K tons)
- United Kingdom (4.3K tons)
Animal Feed Exports in New Zealand
In 2022, animal feed exports from New Zealand skyrocketed to 34K tons, picking up by 37% on 2021. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.8% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, animal feed exports surged to $55M in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Animal Feed in New Zealand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 8.2 | 15.5 | 5.5 | 16.5 | 26.2% |
French Polynesia | 2.8 | 3.7 | 4.2 | 5.0 | 21.3% |
China | 0.9 | 7.3 | 3.7 | 3.8 | 61.6% |
Samoa | 1.4 | 1.7 | 2.0 | 3.2 | 31.7% |
Fiji | 1.7 | 1.7 | 2.0 | 3.1 | 22.2% |
Taiwan (Chinese) | 1.0 | 1.4 | 1.7 | 2.8 | 40.9% |
Tonga | 0.9 | 1.2 | 1.3 | 2.4 | 38.7% |
United States | 1.4 | 1.0 | 2.1 | 2.0 | 12.6% |
Vanuatu | 0.8 | 0.8 | 0.6 | 1.0 | 7.7% |
Singapore | 2.9 | 1.4 | 0.8 | 0.5 | -44.3% |
Indonesia | N/A | N/A | 0.1 | 0.5 | 400.0% |
Cook Islands | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
Others | 7.1 | 5.0 | 10.6 | 14.1 | 25.7% |
Total | 29.3 | 40.8 | 34.9 | 55.4 | 23.7% |
Top Export Markets for Animal Feed from New Zealand in 2022:
- French Polynesia (9.1K tons)
- Samoa (5.9K tons)
- Saudi Arabia (4.5K tons)
- Tonga (4.3K tons)
- Vanuatu (1.7K tons)
- China (1.1K tons)
- Taiwan (Chinese) (0.9K tons)
- Indonesia (0.8K tons)
- Fiji (0.7K tons)
- Cook Islands (0.6K tons)
- United States (0.5K tons)
- Singapore (0.4K tons)
This report provides an in-depth analysis of the animal feed 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:
- Prodcom 10911010 - Premixtures for farm animal feeds
- Prodcom 10911033 - Preparations used for farm animal feeding (excluding premixtures): pigs
- Prodcom 10911035 - Preparations used for farm animal feeding (excluding premixtures): cattle
- Prodcom 10911037 - Preparations used for farm animal feeding (excluding premixtures): poultry
- Prodcom 10921060 - Preparations used for feeding pets (excluding preparations for cats or dogs, p.r.s.)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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