Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in New Zealand - 2023
Contents:
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in New Zealand (FOB) - 2023
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in New Zealand (CIF) - 2022
- Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in New Zealand
- Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in New Zealand
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in New Zealand (FOB) - 2023
The average export price for vegetables; potatoes (other than seed), fresh or chilleds stood at $880 per ton in December 2023, rising by 6.2% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in November 2023 an increase of 12% month-to-month. Over the period under review, the average export prices reached the maximum at $1,073 per ton in January 2023; however, from February 2023 to December 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In December 2023, the countries with the highest prices were Vanuatu ($1,029 per ton) and French Polynesia ($954 per ton), while the average price for exports to Samoa ($800 per ton) and Fiji ($862 per ton) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vanuatu (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in New Zealand (CIF) - 2022
The average import price for vegetables; potatoes (other than seed), fresh or chilleds stood at $3,563 per ton in 2022, approximately equating the previous year. In general, the import price posted a strong increase. The most prominent rate of growth was recorded in 2016 an increase of 174% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the near future.
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 Tonga amounted to +15.2% per year.
Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in New Zealand
In 2022, exports of vegetables; potatoes (other than seed), fresh or chilleds from New Zealand reduced modestly to 23K tons, shrinking by -4.8% against 2021. In general, exports showed a pronounced decline. The smallest decline of -4.6% was in 2020.
In value terms, exports of vegetables; potatoes (other than seed), fresh or chilleds skyrocketed to $17M in 2022. The total export value increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | 11.6 | 10.8 | 11.1 | 13.6 | 5.4% |
| French Polynesia | 0.7 | 0.7 | 0.8 | 0.8 | 4.6% |
| Samoa | 0.6 | 0.6 | 0.6 | 0.5 | -5.9% |
| New Caledonia | 0.1 | 0.2 | 0.1 | 0.5 | 71.0% |
| Tonga | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | 0.6 | 0.6 | 0.7 | 0.9 | 14.5% |
| Total | 13.7 | 13.2 | 13.5 | 16.5 | 6.4% |
Top Export Markets for Vegetables; Potatoes (Other than Seed), Fresh or Chilled from New Zealand in 2022:
- Fiji (18.9K tons)
- French Polynesia (1.2K tons)
- New Caledonia (0.8K tons)
- Samoa (0.7K tons)
- Tonga (0.4K tons)
Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in New Zealand
Imports of vegetables; potatoes (other than seed), fresh or chilleds into New Zealand amounted to 682 kg in 2022, almost unchanged from the previous year. Over the period under review, imports continue to indicate a sharp decrease. The smallest decline of 99.9% was in 2021.
In value terms, imports of vegetables; potatoes (other than seed), fresh or chilleds amounted to $2.4K in 2022. In general, imports saw a dramatic setback. The smallest decline of 99.9% was in 2021.
| Import of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| India | N/A | N/A | 2.4 | 0% | |
| China | 8.4 | N/A | N/A | 0% | |
| Others | 0.1 | N/A | N/A | 0% | |
| Total | 8.5 | N/A | 2.4 | -46.9% | |
Top Suppliers of Vegetables; Potatoes (Other than Seed), Fresh or Chilled to New Zealand in 2022:
- India (682.0 kg)
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