Price for Citrus Fruits Not Elsewhere Classified in New Zealand - 2023
Contents:
- Price for Citrus Fruits Not Elsewhere Classified in New Zealand (FOB) - 2022
- Price for Citrus Fruits Not Elsewhere Classified in New Zealand (CIF) - 2022
- Exports of Citrus Fruits Not Elsewhere Classified in New Zealand
- Imports of Citrus Fruits Not Elsewhere Classified in New Zealand
Price for Citrus Fruits Not Elsewhere Classified in New Zealand (FOB) - 2022
In 2022, the average export price for citrus fruits not elsewhere classified amounted to $6,067 per ton, rising by 144% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 767%. The export price peaked at $65,635 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($43,024 per ton), while the average price for exports to French Polynesia ($2,571 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 the United States (+427.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Citrus Fruits Not Elsewhere Classified in New Zealand (CIF) - 2022
In 2022, the average import price for citrus fruits not elsewhere classified amounted to $3,000 per ton, growing by 71% against the previous year. In general, the import price showed strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +6.6% per year.
Exports of Citrus Fruits Not Elsewhere Classified in New Zealand
After three years of growth, shipments abroad of citrus fruits not elsewhere classified decreased by -99.7% to 1.2 tons in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 52,096%.
In value terms, citrus fruits not elsewhere classified exports contracted dramatically to $7.3K in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 21,819% against the previous year.
| Export of Citrus Fruits Not Elsewhere Classified in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 93.9 | N/A | 3.5 | -80.7% |
| Niue | 0.4 | N/A | 0.6 | 1.2 | 44.2% |
| Fiji | N/A | N/A | N/A | 1.0 | 0% |
| Samoa | N/A | 0.3 | 0.2 | 0.7 | 52.8% |
| French Polynesia | 0.9 | N/A | N/A | 0.5 | -17.8% |
| Japan | N/A | 301 | 911 | N/A | 202.7% |
| Others | 0.5 | 0.5 | 0.4 | 0.3 | -15.7% |
| Total | 1.8 | 395 | 913 | 7.3 | 59.5% |
Top Export Markets for Citrus Fruits Not Elsewhere Classified from New Zealand in 2022:
- Fiji (390.0 kg)
- Niue (270.0 kg)
- Samoa (250.0 kg)
- French Polynesia (210.0 kg)
- United States (82.0 kg)
Imports of Citrus Fruits Not Elsewhere Classified in New Zealand
In 2022, the amount of citrus fruits not elsewhere classified imported into New Zealand shrank significantly to 1 kg, declining by 99.9% against the year before. In general, imports saw a precipitous contraction. The smallest decline of -10.6% was in 2021.
In value terms, citrus fruits not elsewhere classified imports contracted remarkably to $3 in 2022. Over the period under review, imports showed a dramatic descent. The smallest decline of -9.2% was in 2021.
| Import of Citrus Fruits Not Elsewhere Classified in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | N/A | 0% |
| United States | 64.8 | 26.6 | 24.1 | N/A | -39.0% |
| Others | 6.6 | N/A | N/A | N/A | 0% |
| Total | 71.3 | 26.6 | 24.2 | N/A | -41.7% |
Top Suppliers of Citrus Fruits Not Elsewhere Classified to New Zealand in 2022:
- India (1.0 kg)
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