New Zealand - Malt Extract And Food Preparations Of Flour, Meal, And Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Malt Extract and Food Preparations of Flour, Meal, and Starch in New Zealand - 2024
Contents:
- Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in New Zealand (FOB) - 2024
- Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in New Zealand (CIF) - 2022
- Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in New Zealand
- Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in New Zealand
Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in New Zealand (FOB) - 2024
The average export price for malt extract and food preparations of flour, meal, and starches stood at $4,344 per ton in January 2024, shrinking by -32.3% against the previous month. In general, the export price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in December 2023 an increase of 49% m-o-m. As a result, the export price reached the peak level of $6,419 per ton, and then fell dramatically in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was China ($8,457 per ton), while the average price for exports to Saudi Arabia ($1,943 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+0.2%), while the prices for the other major destinations experienced a decline.
Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in New Zealand (CIF) - 2022
In 2022, the average import price for malt extract and food preparations of flour, meal, and starches amounted to $2,553 per ton, with an increase of 25% against the previous year. In general, the import price, however, saw a perceptible curtailment. Over the period under review, average import prices hit record highs at $3,648 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($3,360 per ton), while the price for India ($948 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in New Zealand
In 2022, the amount of malt extract and food preparations of flour, meal, and starches exported from New Zealand skyrocketed to 89K tons, surging by 49% on the previous year. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.2% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of malt extract and food preparations of flour, meal, and starches skyrocketed to $438M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +24.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +94.8% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Malt Extract and Food Preparations of Flour, Meal, and Starch in New Zealand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 59.2 | 96.6 | 107 | 175 | 43.5% |
Malaysia | 40.3 | 28.4 | 26.1 | 49.3 | 6.9% |
United Arab Emirates | N/A | 0.7 | 10.0 | 47.9 | 727.2% |
Sudan | 4.6 | 18.2 | 9.3 | 27.5 | 81.5% |
Hong Kong SAR | 21.1 | 33.1 | 22.5 | 27.2 | 8.8% |
Indonesia | 18.0 | 27.9 | 39.7 | 26.4 | 13.6% |
Australia | 31.1 | 35.9 | 25.5 | 24.4 | -7.8% |
Saudi Arabia | 1.4 | 3.0 | 7.1 | 16.1 | 125.7% |
Singapore | 1.2 | 3.8 | 3.2 | 7.9 | 87.4% |
Thailand | 16.2 | 20.0 | 3.2 | 6.0 | -28.2% |
Japan | 6.4 | 7.1 | 7.5 | 3.3 | -19.8% |
Others | 25.4 | 29.4 | 23.9 | 26.5 | 1.4% |
Total | 225 | 304 | 285 | 438 | 24.9% |
Top Export Markets for Malt Extract and Food Preparations of Flour, Meal, and Starch from New Zealand in 2022:
- China (20.6K tons)
- United Arab Emirates (16.2K tons)
- Malaysia (8.9K tons)
- Sudan (8.0K tons)
- Singapore (7.7K tons)
- Indonesia (6.9K tons)
- Saudi Arabia (5.6K tons)
- Australia (4.5K tons)
- Hong Kong SAR (1.4K tons)
- Thailand (1.3K tons)
- Japan (1.0K tons)
Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in New Zealand
In 2022, supplies from abroad of malt extract and food preparations of flour, meal, and starches decreased by -19.4% to 9.4K tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 18%. As a result, imports attained the peak of 15K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of malt extract and food preparations of flour, meal, and starches reached $24M in 2022. The total import value increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 43%. As a result, imports reached the peak of $29M. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Malt Extract and Food Preparations of Flour, Meal, and Starch in New Zealand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 16.4 | 24.1 | 17.4 | 16.8 | 0.8% |
United States | 0.4 | 0.9 | 1.4 | 2.1 | 73.8% |
Italy | N/A | N/A | N/A | 1.0 | 0% |
Malaysia | 0.5 | 0.5 | 0.5 | 0.6 | 6.3% |
South Korea | 0.3 | 0.4 | 0.7 | 0.6 | 26.0% |
India | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
Others | 2.3 | 2.6 | 3.5 | 2.6 | 4.2% |
Total | 20.1 | 28.8 | 23.7 | 23.9 | 5.9% |
Top Suppliers of Malt Extract and Food Preparations of Flour, Meal, and Starch to New Zealand in 2022:
- Australia (7.0K tons)
- United States (0.7K tons)
- Italy (0.3K tons)
- India (0.3K tons)
- Malaysia (0.2K tons)
- South Korea (0.2K tons)
This report provides an in-depth analysis of the market for malt extract and food preparations of flour, meal, and starch in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 50 - Malt Extract
- FCL 115 - Food Preparations of Flour, Meal or Malt Extract
Country coverage:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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