New Zealand - Taro - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNew Zealand: Taro (Cocoyam) Market 2024
Taro (Cocoyam) Market Size in New Zealand
The New Zealand taro (cocoyam) market skyrocketed to $X in 2022, picking up by X% 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). Overall, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, (cocoyam) consumption increased by X% against 2015 indices. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.
Taro (Cocoyam) Exports
Exports from New Zealand
In 2019, after four years of decline, there was significant growth in shipments abroad of taro, when their volume increased by X% to X kg. Overall, exports showed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, taro (cocoyam) exports soared to $X in 2019. In general, exports showed a modest increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Samoa (X kg) was the main destination for taro (cocoyam) exports from New Zealand, with a approx. X% share of total exports.
From 2013 to 2019, the average annual growth rate of volume to Samoa was relatively modest.
In value terms, Samoa ($X) emerged as the key foreign market for taro exports from New Zealand.
From 2013 to 2019, the average annual rate of growth in terms of value to Samoa was relatively modest.
Export Prices by Country
In 2019, the average taro (cocoyam) export price amounted to $X per ton, falling by X% against the previous year. In general, the export price saw a abrupt decline. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2019, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Samoa.
From 2013 to 2019, the rate of growth in terms of prices for Norfolk Island amounted to X% per year.
Taro (Cocoyam) Imports
Imports into New Zealand
After two years of decline, overseas purchases of taro increased by X% to X tons in 2022. In general, imports, however, continue to indicate a pronounced decline. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, (cocoyam) imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.
In value terms, taro (cocoyam) imports skyrocketed to $X in 2022. Overall, total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, (cocoyam) imports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2018 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Imports by Country
In 2022, Fiji (X tons) constituted the largest supplier of taro (cocoyam) to New Zealand, accounting for a X% share of total imports. Moreover, taro (cocoyam) imports from Fiji exceeded the figures recorded by the second-largest supplier, Tonga (X tons), fivefold.
From 2012 to 2022, the average annual rate of growth in terms of volume from Fiji stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Tonga (X% per year) and Samoa (X% per year).
In value terms, Fiji ($X) constituted the largest supplier of taro to New Zealand, comprising X% of total imports. The second position in the ranking was held by Samoa ($X), with a X% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of value from Fiji totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Samoa (X% per year) and Tonga (X% per year).
Import Prices by Country
The average taro (cocoyam) import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, taro (cocoyam) import price increased by X% against 2016 indices. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Fiji ($X per ton), while the price for Tonga ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Fiji (X%), while the prices for the other major suppliers experienced mixed trend patterns.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the taro (cocoyam) market 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 136 - Taro (Cocoyam)
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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