Beans market in New Zealand

Earlier Report Observations

The market for fresh or chilled beans in New Zealand measured 8,888 t in 2018, then contracted to 8,106 t in 2019. It saw a modest recovery to 8,295 t in 2020, followed by growth to 8,794 t in 2021.

A major expansion occurred in 2022, with the market volume surging by 34% to 11,794 t. This leap was primarily driven by a 52% increase in domestic production to 11,045 t, coinciding with the introduction of new Country of Origin food labelling regulations in February 2022. The enhanced transparency likely bolstered consumer preference for locally grown beans. Growth continued in 2023, with the market reaching 12,928 t, supported by a significant consumer trend towards plant-based proteins and fresh vegetables as central components of meals.

Looking ahead, the Grocery Industry Competition Act 2023 came into force, aiming to address market power in retail, which could influence supply dynamics for fresh produce like beans. Consumer demand for fresh, local, and seasonal produce, including beans as a plant-based protein source, remained a steady market driver.

Production beans in New Zealand

In kind, 2018-2021, t

Top producers of beans, 2018-2021

World map of production of beans, 2018-2021

Beans production in New Zealand has increased for the second consecutive year. In 2021, the country produced 7 274 tonnes of beans, marking a modest 4.0% increase from 2020. Looking at the period from 2018 to 2021, production grew by 2.9%, which translates to an annualized rate of 1.0%. The lowest production level was recorded in 2019 at 6 411 tonnes, which also saw the largest decline of 9.3%. In contrast, the largest increase occurred in 2020 with a 9.1% rise.

Annual dynamics of production in New Zealand in kind, 2018-2021, t

Exports beans from New Zealand

Exports in kind, t

In 2021, New Zealand's beans export volume reached 3 tonnes, representing a 3.0% decrease compared to 2020. Over the period from 2018 to 2021, exports fell by 47.9%, with a compound annual growth rate (CAGR) of -19.5%. The lowest export volume was recorded in 2019 at 2 tonnes, which also experienced the largest decline of 61.3%. The largest increase occurred in 2020 with a 38.6% rise.

Annual dynamics of product's exports from New Zealand in kind, 2018-2021, t

From 2018 to 2021, three key markets—New Caledonia, Australia, and the Cook Islands—collectively accounted for 74.0% of New Zealand's total beans exports in volume terms.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from New Zealand in kind, 2018-2021

Exports in value, K $ US

After a two-year decline, New Zealand's beans exports in value terms have rebounded. In 2021, exports totaled 15 thousand US dollars, reflecting a substantial 19.9% increase compared to 2020. However, over the period from 2018 to 2021, exports decreased by 9.4%, equating to an annualized rate of -3.2%. The lowest value was recorded in 2020 at 13 thousand US dollars, which also saw the largest decline of 23.6%.

Annual dynamics of product's exports from New Zealand in value, 2018-2021, K $ US

Throughout 2018 to 2021, New Caledonia (33.5% of exports in value terms), the Cook Islands (27.4%), and Australia (14.2%) remained the primary markets for New Zealand's beans exports in value terms, collectively accounting for 75.0% of total flows.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from New Zealand in value, 2018-2021

Imports beans to New Zealand

Imports in kind, t

Following a two-year decrease, beans imports into New Zealand have increased. In 2021, imports were recorded at 1 523 tonnes, constituting a 16.6% rise over the previous year. Over the period from 2018 to 2021, imports decreased by 16.5%, with a compound annual growth rate (CAGR) of -5.8%. The lowest import volume was recorded in 2020 at 1 306 tonnes, which also experienced the largest decline of 23.0%.

Annual dynamics of product's imports to New Zealand in kind, 2018-2021, t

From 2018 to 2021, Australia was by far the main source for beans imports into New Zealand in volume terms, accounting for 97.3% of total flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to New Zealand in kind, 2018-2021

Imports in value, K $ US

After a two-year drop, beans deliveries to New Zealand in value terms have increased. In 2021, New Zealand imported approximately 7 315 thousand US dollars of beans, marking an abrupt 43.0% gain year-over-year. Over the period from 2018 to 2021, imports increased by 12%, with a compound annual growth rate (CAGR) of 3.8%. The lowest value was recorded in 2020 at 5 116 thousand US dollars, which also saw the largest decline of 14.0%.

Annual dynamics of product's imports to New Zealand in value, 2018-2021, K $ US

Throughout 2018 to 2021, Australia almost fully determined the geographical structure of beans imports into New Zealand in value terms, with a share of 97.1% of total flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to New Zealand in value, 2018-2021