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Kiwi Exports from New Zealand to Set New Records

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Archives, Global Trade Daily, Imports/Exports, News

Kiwi Exports from New Zealand to Set New Records

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IndexBox has just published a new report: ‘New Zealand – Kiwi Fruits – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

New Zealand remains the largest kiwi exporting country, supplying near 572K tonnes in 2020, which accounted for 41% of the global shipments. Despite the Covid-related restrictions, 2020 saw an 8.3% y-o-y spike in kiwi export supplies from New Zealand. This year, the country is expected to beat its previous export record, due to the highest yield. 

Kiwi fruit Exports from New Zealand

New Zealand represented the largest exporting country with a 41% share of global exports (1.4M tonnes). Kiwi fruit exports from New Zealand stood at 572K tonnes in 2020, picking up by 8.3% compared with the year before. The total export volume increased at an average annual rate of +3.3% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, exports reached the peak figure in 2020 and are expected to retain growth in years to come.

In value terms, kiwi fruit exports surged to $1.7B in 2020. Overall, exports posted prominent growth. The pace of growth was the most pronounced in 2018 with an increase of 30% against the previous year. Exports peaked in 2020 and are likely to see steady growth in the immediate term.

Belgium (131K tonnes), Japan (104K tonnes) and China (96K tonnes) were the main destinations of kiwi fruit exports from New Zealand, with a combined 58% share of total exports. From 2007 to 2020, the biggest increases were in supplies to China, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for kiwi fruit exported from New Zealand were Japan ($427M), China ($394M) and Belgium ($243M), together comprising 61% of total exports.

In 2020, the average kiwi fruit export price amounted to $3,026 per tonne, with an increase of 7.1% against the previous year. Over the period under review, export price indicated a prominent increase from 2007 to 2020: its price increased at an average annual rate of +5.4% over the last thirteen-year period.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Japan ($4,111 per tonne), while the average price for exports to Belgium ($1,857 per tonne) was amongst the lowest.

According to the New Zealand Kiwifruit Growers Incorporated, kiwi exports from New Zealand in 2021 are forecast to break the last-year record. This will become feasible due to the rising production.

Source: IndexBox Platform

persimmon
Archives, Global Trade Daily, News

The Global Persimmon Market Slipped Back Slightly to $7.1B

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IndexBox has just published a new report: ‘World – Persimmons – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The global persimmon market dropped slightly to $7.1B in 2019, reducing by -1.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.6% from 2014 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years.

Consumption By Country

China (3.2M tonnes) remains the largest persimmon consuming country worldwide, comprising approx. 63% of total volume. Moreover, persimmon consumption in China exceeded the figures recorded by the second-largest consumer, Spain (381K tonnes), eightfold. South Korea (337K tonnes) ranked third in terms of total consumption with a 6.8% share.

In China, persimmon consumption increased at an average annual rate of +1.6% over the period from 2014-2019. In the other countries, the average annual rates were as follows: Spain (+34.1% per year) and South Korea (-4.3% per year).

In value terms, China ($4B) led the market, alone. The second position in the ranking was occupied by Japan ($1B). It was followed by South Korea.

The countries with the highest levels of persimmon per capita consumption in 2019 were Spain (8.12 kg per person), South Korea (6.56 kg per person) and Taiwan (Chinese) (3.86 kg per person).

From 2014 to 2019, the biggest increases were in Spain, while persimmon per capita consumption for the other global leaders experienced more modest paces of growth.

Production

In 2019, the amount of persimmons produced worldwide expanded to 4.9M tonnes, picking up by 3.5% against 2018 figures. The total output volume increased at an average annual rate of +1.9% from 2014 to 2019; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The general positive trend in terms output was largely conditioned by a mild expansion of the harvested area and a slight increase in yield figures.

Production By Country

China (3.2M tonnes) constituted the country with the largest volume of persimmon production, accounting for 64% of total volume. Moreover, persimmon production in China exceeded the figures recorded by the second-largest producer, Spain (590K tonnes), fivefold. The third position in this ranking was occupied by South Korea (343K tonnes), with a 6.9% share.

From 2014 to 2019, the average annual growth rate of volume in China amounted to +1.3%. The remaining producing countries recorded the following average annual rates of production growth: Spain (+19.2% per year) and South Korea (-4.4% per year).

Harvested Area and Yield

In 2019, approx. 977K ha of persimmons were harvested worldwide; surging by 2.7% against 2018. In general, the harvested area continues to indicate a relatively flat trend pattern.

In 2019, the global average persimmon yield stood at 5.1 tonnes per ha, leveling off at 2018. The yield figure increased at an average annual rate of +1.2% over the period from 2014 to 2019; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period.

Exports

Global persimmon exports rose sharply to 511K tonnes in 2019, with an increase of 10% against the year before. The total export volume increased at an average annual rate of +5.8% from 2014 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. In value terms, persimmon exports totaled $469M (IndexBox estimates) in 2019.

Exports by Country

In 2019, Spain (210K tonnes) and Azerbaijan (146K tonnes) were the major exporters of persimmons across the globe, together constituting 70% of total exports. It was distantly followed by Uzbekistan (47K tonnes), generating a 9.3% share of total exports. Lithuania (17K tonnes), Poland (13K tonnes), Belarus (11K tonnes) and Georgia (8K tonnes) followed a long way behind the leaders.

From 2014 to 2019, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Uzbekistan, while exports for the other global leaders experienced more modest paces of growth.

In value terms, Spain ($218M) remains the largest persimmon supplier worldwide, comprising 46% of global exports. The second position in the ranking was occupied by Azerbaijan ($105M), with a 22% share of global exports. It was followed by Uzbekistan, with a 7% share.

From 2014 to 2019, the average annual growth rate of value in Spain stood at +1.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Azerbaijan (+10.8% per year) and Uzbekistan (+14.4% per year).

Export Prices by Country

The average persimmon export price stood at $918 per tonne in 2019, reducing by -8% against the previous year. In general, the export price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 4.4% y-o-y. Global export price peaked at $1,253 per tonne in 2014; however, from 2015 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Spain ($1,035 per tonne), while Belarus ($210 per tonne) was amongst the lowest.

From 2014 to 2019, the most notable rate of growth in terms of prices was attained by Georgia, while the other global leaders experienced a decline in the export price figures.

Source: IndexBox AI Platform

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Archives, Global Trade Daily, Imports/Exports

African Peach and Nectarine Market – Egypt to Dominate Production and Trade in 2019

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IndexBox has just published a new report: ‘Africa – Peaches And Nectarines – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The revenue of the peach and nectarine market in Africa amounted to $1.7B in 2018, therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).

The total market indicated a strong growth from 2008 to 2018: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

Based on 2018 figures, the peach and nectarine consumption increased by +32.3% against 2014 indices. The most prominent rate of growth was recorded in 2017, with an increase of 23% against the previous year. In that year, the peach and nectarine market reached its peak level of $1.7B, leveling off in the following year.

Production in Africa

The peach and nectarine production amounted to 1.2M tonnes in 2018, going up by 2.5% against the previous year. The total output volume increased at an average annual rate of +1.9% from 2008 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2017, with an increase of 9.9% against the previous year. Over the period under review, peach and nectarine production attained its maximum volume in 2018 and is expected to retain its growth in the immediate term. The general positive trend in terms of peach and nectarine output was largely conditioned by a mild expansion of the harvested area and a moderate growth in yield figures.

Exports in Africa

In 2018, exports of peaches and nectarines in Africa totaled 59K tonnes, going down by -14.5% against the previous year. In general, peach and nectarine exports continue to indicate a drastic descent. The growth pace was the most rapid in 2016, with an increase of 9.7% against the previous year. The volume of exports peaked at 99K tonnes in 2008; however, from 2009 to 2018, exports remained at a lower figure.

In value terms, peach and nectarine exports amounted to $100M (IndexBox estimates) in 2018. The total export value increased at an average annual rate of +2.8% over the period from 2008 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2017, with an increase of 20% year-to-year. In that year, peach and nectarine exports attained their peak of $110M, and then declined slightly in the following year.

Exports by Country

In 2018, South Africa (18K tonnes) and Egypt (14K tonnes) represented the main exporters of peaches and nectarines in the region, together creating 55% of total exports. Guinea (7.9K tonnes) held a 13% share (based on tonnes) of total exports, which put it in second place, followed by Morocco (11%), Tunisia (8.9%) and Tanzania (7.4%). Zambia (2.3K tonnes) held a relatively small share of total exports.

From 2008 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Tanzania (+228.4% per year), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($38M) remains the largest peach and nectarine supplier in Africa, comprising 38% of total peach and nectarine exports. The second position in the ranking was occupied by Egypt ($15M), with a 15% share of total exports. It was followed by Guinea, with a 12% share.

Export Prices by Country

The peach and nectarine export price in Africa stood at $1,675 per tonne in 2018, jumping by 5.9% against the previous year. The export price indicated a strong increase from 2008 to 2018: its price increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the peach and nectarine export price increased by +120.3% against 2008 indices.

Export prices varied noticeably by the country of origin; the country with the highest export price was Zambia ($4,702 per tonne), while Egypt ($1,034 per tonne) was amongst the lowest.

From 2008 to 2018, the most notable rate of growth in terms of export prices was attained by Guinea, while the other leaders experienced more modest paces of growth.

Imports in Africa

In 2018, approx. 54K tonnes of peaches and nectarines were imported in Africa; rising by 72% against the previous year.

In value terms, peach and nectarine imports totaled $41M (IndexBox estimates) in 2018. In general, peach and nectarine imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2013, with an increase of 43% against the previous year. Over the period under review, peach and nectarine imports reached their peak figure at $43M in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Egypt (29K tonnes) represented the key importer for peaches and nectarines, comprising 53% of total imports. Algeria (17K tonnes) took the second position in the ranking, distantly followed by Libya (2.6K tonnes) and South Africa (2.6K tonnes). All these countries together held approx. 40% share of total imports.

From 2008 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Algeria, while the other leaders experienced more modest paces of growth.

In value terms, the largest peach and nectarine importing markets in Africa were Algeria ($19M), Egypt ($12M) and South Africa ($3.8M), with a combined 83% share of total imports.

Import Prices by Country

The peach and nectarine import price in Africa stood at $758 per tonne in 2018, reducing by -28.1% against the previous year. Overall, the peach and nectarine import price continues to indicate a significant descent. The growth pace was the most rapid in 2017 when the import price increased by 56% y-o-y. Over the period under review, the import prices for peaches and nectarines reached their maximum at $1,098 per tonne in 2011; however, from 2012 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was South Africa ($1,479 per tonne), while Egypt ($401 per tonne) was amongst the lowest.

From 2008 to 2018, the most notable rate of growth in terms of import prices was attained by Libya, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

Archives, Imports/Exports

Apricot Market in Eastern Europe – The Growth of Russian Imports Is Losing Momentum

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IndexBox has just published a new report: ‘Eastern Europe – Apricots – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The revenue of the apricot market in Eastern Europe amounted to $318M in 2018, reducing by -5.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The market value increased at an average annual rate of +3.5% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013, when the market value increased by 32% year-to-year. In that year, the apricot market reached its peak level of $361M. From 2014 to 2018, the growth of the apricot market remained at a lower figure.

Production in Eastern Europe

In 2018, the amount of apricots produced in Eastern Europe stood at 245K tonnes, picking up by 2.6% against the previous year. The total output volume increased at an average annual rate of +2.4% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013, when the output figure increased by 56% year-to-year. In that year, apricot production reached its peak volume of 281K tonnes. From 2014 to 2018, apricot production growth failed to regain its momentum. The general positive trend in terms of apricot output was largely conditioned by a temperate expansion of the harvested area and a noticeable growth in yield figures.

Exports in Eastern Europe

In 2018, exports of apricots in Eastern Europe amounted to 9.6K tonnes, shrinking by -17% against the previous year. The total exports indicated a slight growth from 2007 to 2018: its volume increased at an average annual rate of +1.3% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the apricot exports decreased by -36.3% against 2016 indices. The growth pace was the most rapid in 2016, when exports increased by 51% y-o-y. In that year, apricot exports attained their peak of 15K tonnes. From 2017 to 2018, the growth of apricot exports remained at a lower figure.

In value terms, apricot exports stood at $9.2M (IndexBox estimates) in 2018. In general, apricot exports, however, continue to indicate a slight drop. The growth pace was the most rapid in 2016, when exports increased by 44% y-o-y. Over the period under review, apricot exports reached their peak figure at $17M in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, Bulgaria (2.4K tonnes), Hungary (2.3K tonnes) and Moldova (1.9K tonnes) represented the largest exporters of apricots in Eastern Europe, constituting 68% of total export. It was distantly followed by Lithuania (1K tonnes), Poland (548 tonnes) and the Czech Republic (502 tonnes), together generating 22% share of total exports. Belarus (424 tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Bulgaria, while the other leaders experienced more modest paces of growth.

In value terms, the largest apricot markets in Eastern Europe were Hungary ($2.9M), Bulgaria ($1.5M) and Moldova ($1.4M), together accounting for 62% of total exports.

Export Prices by Country

The apricot export price in Eastern Europe stood at $962 per tonne in 2018, declining by -4.3% against the previous year. Over the period under review, the apricot export price continues to indicate a measured downturn. There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was the Czech Republic ($1,550 per tonne), while Belarus ($363 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by the Czech Republic, while the other leaders experienced mixed trends in the export price figures.

Imports in Eastern Europe

In 2018, imports of apricots in Eastern Europe amounted to 95K tonnes, shrinking by -10.7% against the previous year. The total imports indicated a prominent growth from 2007 to 2018: its volume increased at an average annual rate of +5.8% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the apricot imports increased by +45.9% against 2016 indices. In value terms, apricot imports amounted to $92M (IndexBox estimates) in 2018.

Imports by Country

Russia was the key importer of apricots in Eastern Europe, with the volume of imports resulting at 53K tonnes, which was near 56% of total imports in 2018. Poland (9.9K tonnes) ranks second in terms of the total imports with a 10% share, followed by the Czech Republic (8.2%), Romania (8.1%) and Bulgaria (5%). The following importers – Belarus (2.4K tonnes), Slovakia (2.2K tonnes) and Ukraine (2.1K tonnes) – together made up 7% of total imports.

From 2007 to 2018, average annual rates of growth with regard to apricot imports into Russia stood at +3.8%. At the same time, the Czech Republic (+10.9%), Romania (+10.6%), Slovakia (+10.2%), Bulgaria (+10.2%), Belarus (+8.5%), Poland (+7.7%) and Ukraine (+3.1%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest growing importer in Eastern Europe, with a CAGR of +10.9% from 2007-2018. Slovakia (-1.5%), Bulgaria (-3.3%), Romania (-5.4%), the Czech Republic (-5.6%), Poland (-5.8%) and Russia (-19%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($42M) constitutes the largest market for imported apricots in Eastern Europe, comprising 46% of total apricot imports. The second position in the ranking was occupied by Poland ($14M), with a 15% share of total imports. It was followed by the Czech Republic, with a 12% share.

Import Prices by Country

The apricot import price in Eastern Europe stood at $964 per tonne in 2018, rising by 3.8% against the previous year. In general, the apricot import price, however, continues to indicate a slight slump. The growth pace was the most rapid in 2010, when the import price increased by 30% y-o-y. In that year, the import prices for apricots reached their peak level of $1,258 per tonne. From 2011 to 2018, the growth in terms of the import prices for apricots remained at a somewhat lower figure.

Import prices varied noticeably by the country of destination; the country with the highest import price was Slovakia ($1,530 per tonne), while Bulgaria ($358 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Slovakia, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform