Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in New Zealand - 2023
Contents:
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in New Zealand (FOB) - 2023
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in New Zealand (CIF) - 2023
- Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in New Zealand
- Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in New Zealand
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in New Zealand (FOB) - 2023
The average export price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $1,408 per ton in December 2023, shrinking by -1.6% against the previous month. Overall, the export price, however, continues to indicate a mild expansion. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 6.7% month-to-month. Over the period under review, the average export prices reached the peak figure at $1,498 per ton in May 2023; however, from June 2023 to December 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Japan ($1,737 per ton), while the average price for exports to Taiwan (Chinese) ($1,052 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in New Zealand (CIF) - 2023
The average import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $1,498 per ton in December 2023, increasing by 2.4% against the previous month. Over the period under review, the import price, however, showed a mild decrease. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 11% against the previous month. Over the period under review, average import prices attained the peak figure at $1,751 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($3,889 per ton), while the price for China ($1,292 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in New Zealand
In 2022, after three years of growth, there was significant decline in shipments abroad of vegetables (uncooked or cooked by steaming or boiling in water); frozen, when their volume decreased by -8.9% to 77K tons. The total export volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 11%. As a result, the exports attained the peak of 85K tons, and then fell in the following year.
In value terms, exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen dropped to $95M in 2022. The total export value increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 13%. As a result, the exports attained the peak of $104M, and then reduced in the following year.
| Export of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 36.9 | 42.0 | 42.3 | 44.3 | 6.3% |
| China | 17.9 | 16.3 | 27.6 | 22.1 | 7.3% |
| Japan | 15.2 | 15.4 | 19.0 | 13.2 | -4.6% |
| Kuwait | 3.0 | 2.7 | 2.9 | 2.7 | -3.5% |
| Taiwan (Chinese) | 1.5 | 2.5 | 2.4 | 2.6 | 20.1% |
| South Africa | 2.4 | 1.7 | 1.1 | 1.4 | -16.4% |
| Others | 11.3 | 11.2 | 8.3 | 8.5 | -9.1% |
| Total | 88.2 | 91.8 | 104 | 94.8 | 2.4% |
Top Export Markets for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen from New Zealand in 2022:
- Australia (38.1K tons)
- China (20.7K tons)
- Japan (7.6K tons)
- Taiwan (Chinese) (2.6K tons)
- Kuwait (1.6K tons)
- South Africa (1.1K tons)
Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in New Zealand
In 2022, approx. 16K tons of vegetables (uncooked or cooked by steaming or boiling in water); frozen were imported into New Zealand; increasing by 19% compared with 2021. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen skyrocketed to $26M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.5 | 7.4 | 9.1 | 14.8 | 20.3% |
| Belgium | 1.9 | 2.2 | 2.5 | 3.5 | 22.6% |
| Spain | 2.4 | 2.7 | 2.6 | 2.8 | 5.3% |
| Netherlands | 0.4 | 0.5 | 0.6 | 1.3 | 48.1% |
| India | 0.9 | 1.0 | 1.2 | 1.2 | 10.1% |
| Vietnam | 0.8 | 0.8 | 0.9 | 0.9 | 4.0% |
| Others | 2.8 | 2.5 | 2.2 | 1.9 | -12.1% |
| Total | 17.6 | 17.2 | 19.2 | 26.4 | 14.5% |
Top Suppliers of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen to New Zealand in 2022:
- China (9.8K tons)
- Belgium (2.3K tons)
- Spain (1.8K tons)
- Netherlands (0.6K tons)
- India (0.5K tons)
- Vietnam (0.4K tons)
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