Wheat and meslin flour and cereals market in New Zealand

Earlier Report Observations

The market for wheat and meslin flour and cereals in New Zealand showed little net change between 2018 and 2021, with annual volumes hovering around 305 thousand tons. This four-year phase was marked by minor oscillations that kept the market size within a 2% range.

A clear breakout occurred in 2022 when the market volume surged to 333.6 thousand tons, an increase of more than 10% from the previous year. The upward trajectory continued into 2023, reaching 347.1 thousand tons and setting a new high for the period under review.

Production wheat and meslin flour and cereals in New Zealand

In kind, 2018-2021, K t

Top producers of wheat and meslin flour and cereals, 2018-2021

World map of production of wheat and meslin flour and cereals, 2018-2021

In 2019, New Zealand's production of wheat and meslin flour and cereals reached its lowest point at 291.2 thousand tonnes. The following year, in 2020, production peaked at 302.4 thousand tonnes, marking a 3.8% increase. By 2021, production had declined slightly to 298.3 thousand tonnes, representing a 1.4% decrease from 2020. The largest decline occurred in 2019, with a drop of 3.5%.

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

Exports wheat and meslin flour and cereals from New Zealand

Exports in kind, t

The export market for wheat and meslin flour and cereals from New Zealand showed significant volatility during this period. In 2018, exports bottomed out, while they peaked in 2020 at 6 889 tonnes, representing a 4.1-fold difference between these years. In 2019, exports saw the largest increase, surging by 261.2%. By 2021, exports had fallen to 3 053 tonnes, a sharp 55.7% year-on-year decline.

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

From 2018 to 2021, three key markets—Fiji, Papua New Guinea, and the Cook Islands—collectively accounted for 56.3% of New Zealand's total exports of wheat and meslin flour and cereals 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

The export market in value terms displayed an unstable trend over these years. In 2018, exports hit their lowest point, while they reached a high in 2019 at 4 012 thousand US dollars, showing a 2.9-fold variation between these years. The largest increase occurred in 2019, with a rise of 186.7%. By 2021, exports had dropped to 2 462 thousand US dollars, a steep 35.6% decrease compared to 2020.

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

During the 2018–2021 period, Fiji (22.5% of exports in value), Papua New Guinea (19.1%), and the Cook Islands (16.9%) remained the top buyers of wheat and meslin flour and cereals from New Zealand, together accounting for 58.5% of total export value.

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 wheat and meslin flour and cereals to New Zealand

Imports in kind, t

Import volumes for wheat and meslin flour and cereals into New Zealand were highly volatile during these years. In 2021, imports reached their lowest point at 7 768 tonnes, while they peaked in 2019 at 19 712 tonnes, resulting in a 2.5-fold difference. The largest increase was recorded in 2019, with a jump of 127.1%. Compared to 2020, imports in 2021 fell sharply by 39.8%.

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

From 2018 to 2021, Australia (30.9% of import volume), Argentina (30.8%), and India (24.5%) were the leading sources for wheat and meslin flour and cereals imports into New Zealand, collectively making up 86.2% of total import 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

New Zealand's imports of wheat and meslin flour and cereals in value terms declined for the second consecutive year in 2021, amounting to 6 387 thousand US dollars, a 17.3% decrease from the previous year. Between 2018 and 2021, imports overall increased by 9.8%, equivalent to an annualized rate of 3.2%. The highest value was recorded in 2019 at 9 490 thousand US dollars, with the largest increase that year at 63.2%. The largest decline occurred in 2020, with an 18.6% drop.

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

In the 2018–2021 period, three principal markets—Australia, India, and Argentina—together accounted for 77.2% of New Zealand's total imports of wheat and meslin flour and cereals in value terms.

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

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