Bread, pastry, cakes, biscuits and bakers’ wares market in New Zealand

Earlier Report Observations

The New Zealand market for bread, pastry, cakes, biscuits and bakers’ wares demonstrated consistent growth from 2018 to 2023. The market volume increased from 23 152 t to 28 598 t, while its value rose from $86.6 million to $128.1 million. This upward trajectory included a significant volume jump in 2019, a period of stabilization and slight contraction in 2021-2022, and a strong recovery in 2023.

This market expansion was underpinned by several trends within the trade data. Domestic production grew from 3 573 t to 4 071 t over the six-year period. Imports of these goods also increased, peaking at 54 894 t in 2021, which contributed to a notable rise in the market's value that same year. Concurrently, exports declined from 30 694 t to 26 364 t, making more product available for domestic consumption.

Production bread, pastry, cakes, biscuits and bakers’ wares in New Zealand

In kind, 2018-2021, t

Top producers of bread, pastry, cakes, biscuits and bakers’ wares, 2018-2021

World map of production of bread, pastry, cakes, biscuits and bakers’ wares, 2018-2021

In New Zealand, production of bread, pastry, cakes, biscuits, and bakers' wares reached 3,541 tonnes in 2021, marking a 2.5% decrease compared to the previous year. The highest production level was recorded in 2020 at 3,631 tonnes, which also saw the largest annual increase of 1.7%.

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

In value, 2018-2021, K $ US

New Zealand's production of bread, pastry, cakes, biscuits, and bakers' wares in monetary terms has grown for the second year in a row. In 2021, the output was valued at 13,850 thousand US dollars, showing a modest 0.8% rise from 2020. The lowest value occurred in 2019 at 13,492 thousand US dollars, which experienced the most significant decline of 2.1%. The largest increase was observed in 2020, with a 1.8% gain.

Annual dynamics of production in New Zealand in value, 2018-2021, K $ US

Exports bread, pastry, cakes, biscuits and bakers’ wares from New Zealand

Exports in kind, t

New Zealand's exports of bread, pastry, cakes, biscuits, and bakers' wares in volume terms have increased for the second consecutive year. In 2021, exports totaled 32,048 tonnes, up 9.4% from the previous year. Over the period from 2018 to 2021, exports grew by 4.4%, averaging an annualized rate of 1.4%. The lowest export volume was in 2019 at 29,010 tonnes, which saw the steepest decline of 5.5%.

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

From 2018 to 2021, Australia was the primary destination for New Zealand's exports of bread, pastry, cakes, biscuits, and bakers' wares in volume, accounting for 86.2% of the total. Other countries made up the remainder.

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, M $ US

New Zealand's exports of bread, pastry, cakes, biscuits, and bakers' wares in value terms have risen for the second year in a row. In 2021, exports were worth 125.3 million US dollars, a robust 13.1% increase over 2020. Between 2018 and 2021, export value grew by 5.9%, with a compound annual growth rate of 1.9%. The lowest value was recorded in 2019 at 109.6 million US dollars, which experienced the largest drop of 7.4%.

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

During 2018–2021, Australia dominated New Zealand's exports of bread, pastry, cakes, biscuits, and bakers' wares in value, capturing 85.4% of the total. Other countries held much smaller shares individually.

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 bread, pastry, cakes, biscuits and bakers’ wares to New Zealand

Imports in kind, t

New Zealand's imports of bread, pastry, cakes, biscuits, and bakers' wares in volume terms have grown for the third consecutive year. In 2021, imports reached 54,894 tonnes, a 4.6% increase year-over-year. From 2018 to 2021, imports rose by 9.2%, with a compound annual growth rate of 3.0%.

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

From 2018 to 2021, Australia, Thailand, and China were the key sources for New Zealand's imports of bread, pastry, cakes, biscuits, and bakers' wares in volume. Australia accounted for 45.0%, Thailand for 8.8%, and China for 7.9% of imports, together making up 61.7% of the total.

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, M $ US

New Zealand's imports of bread, pastry, cakes, biscuits, and bakers' wares in value terms have increased for the third year in a row. In 2021, imports amounted to 226.0 million US dollars, up 15.5% from 2020. Over the 2018–2021 period, import value grew by 18.2%, with a compound annual growth rate of 5.7%.

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

Throughout 2018–2021, Australia, Thailand, and China formed the main group of partners for New Zealand's imports of bread, pastry, cakes, biscuits, and bakers' wares in value. Australia held 48.6%, Thailand 9.2%, and China 8.2% of imports, collectively representing 66.0% of the 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