Flakes; of Potatoes Price in New Zealand - 2023

Contents:

1. Flakes; of Potatoes Price in New Zealand (CIF) - 2023
2. Flakes; of Potatoes Price in New Zealand (FOB) - 2022
3. Flakes; of Potatoes Imports in New Zealand
4. Flakes; of Potatoes Exports in New Zealand

Flakes; of Potatoes Price in New Zealand (CIF) - 2023

In September 2023, the average flakes; of potatoes import price amounted to $3,152 per ton, increasing by 13% against the previous month. Overall, import price indicated a remarkable increase from September 2022 to September 2023: its price increased at an average monthly rate of +5.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, flakes; of potatoes import price decreased by -14.3% against July 2023 indices. The growth pace was the most rapid in October 2022 an increase of 50% month-to-month. Over the period under review, average import prices attained the peak figure at $3,679 per ton in July 2023; however, from August 2023 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($4,071 per ton), while the price for the Netherlands ($2,701 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Flakes; of Potatoes Price in New Zealand (FOB) - 2022

In 2022, the average flakes; of potatoes export price amounted to $4,492 per ton, growing by 149% against the previous year. Overall, the export price recorded a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Solomon Islands ($5,938 per ton), while the average price for exports to Papua New Guinea amounted to $4,382 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.

Flakes; of Potatoes Imports in New Zealand

In 2022, overseas purchases of flakes; of potatoeses were finally on the rise to reach 1.2K tons after two years of decline. In general, imports, however, saw a pronounced decline.

In value terms, flakes; of potatoes imports soared to $2.6M in 2022. Over the period under review, imports recorded a pronounced increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Flakes; of Potatoes to New Zealand in 2022:

1. United States (547.3 tons)
2. Germany (287.5 tons)
3. Netherlands (140.0 tons)
4. Poland (84.9 tons)
5. Australia (73.9 tons)
6. Belgium (53.4 tons)

Flakes; of Potatoes Exports in New Zealand

In 2022, overseas shipments of flakes; of potatoeses decreased by -30.7% to 640 kg, falling for the second consecutive year after two years of growth. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 250% against the previous year. As a result, the exports reached the peak of 995 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, flakes; of potatoes exports soared to $2.9K in 2022. Overall, exports, however, recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Flakes; of Potatoes from New Zealand in 2022:

1. Papua New Guinea (600.0 kg)
2. Solomon Islands (32.0 kg)

Source: IndexBox Market Intelligence Platform