European Frozen Fry Exports to New Zealand
Source: World Trade Data – Exports of frozen fries from Belgium, France and the Netherlands
For the period ending April 2024:
- Export volume to New Zealand has decreased significantly in latest 3 months. This has to be good news for the NZ potato industry.
Exports of frozen fries to New Zealand from Belgium and the Netherlands
Other global insights:
- The previous wet weather in Europe has meant that growers planted late which coupled with a smaller season last year has pushed free-buy prices European processors have to pay to record prices, more than double the price of contracted potatoes.
- European processors are finding it harder to compete in Asian markets with the instability of shipping in the Red Sea.
New Zealand Frozen Potato Exports and Imports
Source: New Zealand Statistics – All Frozen Potato Products to end May 2024
Imports
Total imports last 12 months 30,261 tonnes with annual growth 32%. Growth on quarter has slowed and is now down -14% versus same quarter year ago.
- Import growth remains high for Australia.
- France has quickly become the third largest supplier to New Zealand. However the
- volume of these imports appears to have slowed dramatically.
- A proportion of these imports from France is the New Zealand processing industry.
- Belgium as a supplier is in heavy decline but is more than made up by increased imports
- from France and the Netherlands.
- Encouragingly imports from China have continue to decline.
Exports
Overall export performance impacted by the reduction in exports to Australia.
- Sales to most Asian markets impress, particularly in the face of competition from USA,
India, China and Australia. - Sales to Japan are an issue with this market hotly contested all major processing nations
- it would seem as well as newly emerging China.
- Excellent performance from the NZ industry exporting to Thailand, Philippines,
- Indonesia, Malaysia and Taiwan.
- Summary of key export markets below.
