Market research

Sucrose in solid form market in New Zealand

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market for sucrose in solid form in New Zealand showed considerable volatility in physical volume between 2018 and 2023. After an initial volume of 216 thousand tonnes in 2018, the market contracted over the next two years, falling to 194 thousand tonnes in 2020. A recovery to 208 thousand tonnes followed in 2021, but this was interrupted by a sharp decline to 183 thousand tonnes in 2022. The market then rebounded strongly to reach 210 thousand tonnes in 2023, slightly below the 2018 peak.

Domestic production followed a similar pattern, declining from 203 thousand tonnes in 2018 to 175 thousand tonnes in 2022 before recovering to 207 thousand tonnes in 2023. In value terms, the market demonstrated a clearer upward trend, growing from $129 million in 2018 to $188 million in 2023. This increase in market value was particularly notable in 2021 and 2023, indicating rising prices or a shift in product mix alongside the volume fluctuations.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2025
    3. 4.1.2.3. Exports, 2018-2025
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in New Zealand
  1. 5.1.1. Annual dynamics of production in New Zealand in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in New Zealand in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from New Zealand in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's exports in kind from New Zealand by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from New Zealand in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from New Zealand by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from New Zealand, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from New Zealand by countries, 2018-2025, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from New Zealand in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's exports in kind from New Zealand by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from New Zealand in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from New Zealand by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from New Zealand, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from New Zealand by countries, 2018-2025, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to New Zealand in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's imports in kind to New Zealand by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to New Zealand in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to New Zealand by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to New Zealand, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to New Zealand by countries, 2018-2025, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to New Zealand in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's imports in kind to New Zealand by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to New Zealand in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to New Zealand by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to New Zealand, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to New Zealand by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production sucrose in solid form in New Zealand

In kind, 2018-2021, K t

Top producers of sucrose in solid form, 2018-2021

Source: SHEV.io

World map of production of sucrose in solid form, 2018-2021

Source: SHEV.io

New Zealand's production of sucrose in solid form rebounded after a two-year decline. In 2019, production fell by 4.6%, reaching its lowest point in 2020 at 190.9 thousand tons. However, in 2021, production increased by 6.5% to 203.3 thousand tons.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(4.6%)	(1.5%)	6.5%	0.0%

Source: SHEV.io

In value, 2018-2021, M $ US

New Zealand's production value of sucrose in solid form has grown for two consecutive years. In 2019, it recorded its lowest value at 114.0 million US dollars, with a decline of 7.7% that year. By 2021, production value rose by 24.8% to 152.1 million US dollars. Over the period from 2018 to 2021, production increased by 23.2%, averaging an annual growth rate of 7.2%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(7.7%)	7.0%	24.8%	7.2%

Source: SHEV.io

Exports sucrose in solid form from New Zealand

Exports in kind, t

New Zealand's exports of sucrose in solid form in volume terms showed mixed trends. In 2019, exports were at their lowest at 19 472 tons, but surged by 23.7% in 2020 to a peak of 24 081 tons. In 2021, exports contracted by 7.5% to 22 280 tons. Overall, from 2018 to 2021, exports increased by 7.9%, with a compound annual growth rate of 2.6%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(5.7%)	23.7%	(7.5%)	2.6%

Source: SHEV.io

From 2018 to 2021, the structure of New Zealand's sucrose in solid form exports by volume was dominated by three key destinations. French Polynesia accounted for 25.7% of exports, Solomon Islands for 20.9%, and New Caledonia for 14.2%. Together, these three markets represented 60.8% of total export flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

New Zealand's export value of sucrose in solid form has increased for two consecutive years. In 2019, exports were at their lowest at 11 453 thousand US dollars, with a decline of 8.8% that year. In 2020, exports surged by 34.3%, and in 2021, they grew by 8.4% to 16 669 thousand US dollars. Over the 2018-2021 period, exports rose by 32.8%, averaging an annual growth rate of 9.9%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(8.8%)	34.3%	8.4%	9.9%

Source: SHEV.io

From 2018 to 2021, the largest buyers of New Zealand's sucrose in solid form by value were French Polynesia, accounting for 22.9% of exports, Solomon Islands at 19.8%, and New Caledonia at 13.5%. Combined, these three destinations formed 56.2% of total export value.

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

Source: SHEV.io

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

Source: SHEV.io

Imports sucrose in solid form to New Zealand

Imports in kind, t

New Zealand's imports of sucrose in solid form in volume terms have declined for three consecutive years. In 2021, imports amounted to 26 973 tons, showing minimal change from the previous year. Over the period from 2018 to 2021, imports decreased by 20.1%, equating to an annualized decline of 7.2%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(1.7%)	(18.6%)	(0.1%)	(7.2%)

Source: SHEV.io

From 2018 to 2021, the main sources for New Zealand's sucrose in solid form imports by volume were Thailand, accounting for 43.7% of imports, Malaysia at 35.8%, and Australia at 8.5%. Together, these three countries represented 88.0% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

New Zealand's import value of sucrose in solid form rebounded after a two-year decline. In 2020, imports fell by 8.7% to their lowest point at 15 733 thousand US dollars. In 2021, imports increased by 10.1% to 17 330 thousand US dollars. Overall, from 2018 to 2021, imports decreased by 3.1%, averaging an annual decline of 1.1%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(3.7%)	(8.7%)	10.1%	(1.1%)

Source: SHEV.io

Over the 2018-2021 period, the leading suppliers of sucrose in solid form to New Zealand by value were Thailand, accounting for 36.4% of imports, Malaysia at 29.1%, and the United States at 11.0%. Their combined share reached 76.6% of total import value.

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

Source: SHEV.io

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

Source: SHEV.io