Steady growth in fry sales to Australia and Asian markets

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New Zealand fry exports continue to increase at a steady rate to both Australia and other markets. In November 6,790 tonnes were shipped, up 3.3% on the November 2016 total, with annual exports up 9.2% to 66,95 tonnes, the highest annual total since July 2014. The average price of fry imports in November was NZ$1,399/tonne, up 5.9% on the same month the year before. The exchange rate used is US$1: NZ$1.40 or €1: NZ$1.69.

 

New Zealand exports of fries and other HS 200410 products (tonnes, NZ$ million, NZ$/tonne)

 November 2017 December 2016 – November 2017
2017 % change 2016 2015 2016/17 % change 2015/16 2014/15
Tonnes 6,790 +3.3 6,570 3,335 66,595 +9.2 60,996 53,871
Australia 5,232 +3.2 50,72 2,412 50,150 +12.0 44,781 42,774
Thailand 626 +115.9 290 167  5,427 +38.5 3,919 1,974
Japan 199 -25.5 267 238 2,867 +61.6 1,774 3,302
Philippines 378 -5.0 398 0 2,762 +41.4 1,953 0
French Polynesia 128 +456.5 23 140 970 +6.2 913 1,341
 November 2017 December 2016 – November 2017
Value NZ$ million 2017 % change 2016 2015 2016/17 % change 2015/16 2014/15
Australia 6.714 +4.4 6.432 3.089 64.306 +17.4 54.763 51.355
Thailand 1.141 +150.3 0.456 0.295 9.311 +39.9 6.655 3.195
Japan 0.295 -27.4 0.406 0.386 4.367 +52.1 2.871 5.165
Philippines 0.618 +5.6 0.586 0.000 4.559 +55.5 2.932 0.000
French Polynesia 0.268 +419.3 0.052 0.300 2.032 +4.2 1.950 2.528
Total 9.496 +9.5 8.674 4.588 91.592 +14.8 79.793 68.628
 November 2017 December 2016 – November 2017
NZ$/tonne 2017 % change 2016 2015 2016/17 % change 2015/16 2014/15
Australia 1,283 +1.2 1,268 1,281 1,282 +4.9 1,223 1,201
Thailand 1,823 +16.0 1,572 1,764 1,716 +1.0 1,698 1,618
Japan 1,481 -2.6 1,520 1,622 1,523 -5.9 1,618 1,564
Philippines 1,636 +11.2 1,471 na 1,651 9.9 1,501 na
French Polynesia 2,097 -6.7 2,248 2,141 2,095 -1.9 2,135 1,885
Total 1,399 +5.9 1,320 1,376 1,375 +5.1 1,308 1,274

 

Exports to Australia increased by 3.2% to 5,232 tonnes in November, with annual trade up 12.0% to 50,150 tonnes. The average price of exports to Australia was AU$1,283/tonne, 1.2% higher than in November 2016. Exports to Thailand have increased by 38.5% over the year to 5,427 tonnes, with November exports up 115.9% to 626 tonnes. Annual exports to Japan have increased by 61.6% to 2,867 tonnes, with a 41.4% rise in shipments to the Philippines at 2,762 tonnes.

Reproduced with permission from World Potato Markets: Issue 348