Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in New Zealand - 2023

Contents:

  1. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in New Zealand (FOB) - 2022
  2. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in New Zealand (CIF) - 2022
  3. Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in New Zealand
  4. Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in New Zealand

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in New Zealand (FOB) - 2022

The average export price for vegetables, brassica; brussel sprouts, fresh or chilleds stood at $4,500 per ton in 2022, reducing by -6.1% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 120% against the previous year. As a result, the export price reached the peak level of $9,906 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

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 Tonga ($6,700 per ton), while the average price for exports to New Caledonia ($4,054 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 (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in New Zealand (CIF) - 2022

The average import price for vegetables, brassica; brussel sprouts, fresh or chilleds stood at $6,781 per ton in 2022, jumping by 25% against the previous year. Overall, the import price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2017 an increase of 37% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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 Australia amounted to +18.5% per year.

Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in New Zealand

In 2022, overseas shipments of vegetables, brassica; brussel sprouts, fresh or chilleds were finally on the rise to reach 1.1 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a sharp descent.

In value terms, exports of vegetables, brassica; brussel sprouts, fresh or chilleds fell modestly to $4.9K in 2022. In general, exports, however, continue to indicate a sharp downturn.

Export of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Caledonia3.41.80.42.2-13.5%
Cook Islands0.30.70.11.049.4%
FijiN/A0.10.10.7164.6%
Hong Kong SAR0.80.50.20.4-20.6%
Tonga0.10.1N/A0.344.2%
VanuatuN/AN/AN/A0.10%
Kiribati1.54.61.7N/A6.5%
Japan28.66.30.2N/A-91.6%
French Polynesia1.40.1N/AN/A-92.9%
Taiwan (Chinese)6.06.91.9N/A-43.7%
Others1.11.20.40.1-55.0%
Total43.322.45.14.9-51.6%

Top Export Markets for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled from New Zealand in 2022:

  1. New Caledonia (535.0 kg)
  2. Cook Islands (237.0 kg)
  3. Fiji (130.0 kg)
  4. Hong Kong SAR (93.0 kg)
  5. Tonga (50.0 kg)
  6. Vanuatu (20.0 kg)
  7. French Polynesia (6.0 kg)

Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in New Zealand

In 2022, supplies from abroad of vegetables, brassica; brussel sprouts, fresh or chilleds was finally on the rise to reach 6.3 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a dramatic shrinkage.

In value terms, imports of vegetables, brassica; brussel sprouts, fresh or chilleds surged to $43K in 2022. In general, imports, however, recorded a deep contraction.

Import of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia70.242.715.242.7-15.3%
OthersN/AN/AN/AN/A0%
Total70.242.715.242.7-15.3%

Top Suppliers of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled to New Zealand in 2022:

  1. Australia (6.3 tons)

Source: IndexBox Market Intelligence Platform

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