New Zealand

Solid economic freedom has enabled private sector development and continuation of democracy, whilst public finances are strong amidst low corruption. Although the economy has underperformed peers, held back by elevated prices and lower exports,…

Total retail volume sales of wine declined again in 2023 as the negative sales trends of the last five years continued. The main driver of declining sales in both the on-trade and the off-trade is the falling demand for still light grape wine, with…

Prior to the onset of the COVID-19 pandemic, spirits in New Zealand was riding a wave of positive growth, with premiumisation and the craft trend the primary drivers of growth in the category. During 2020, at the peak of the pandemic, retail sales…

RTDs remains the strongest performing category within New Zealand’s alcoholic drinks industry and the category was reinvigorated over the review period thanks to the rapid success of emerging local brand Pal’s, the success of which has largely…

The COVID-19 pandemic caused significant disruption to New Zealand’s hospitality sector for much of 2020 and into 2021 as the extremely strict approach taken to social distancing meant that cafés, restaurants and bars were required to remain closed.…

Towards the end of 2022, Todd Energy announced plans to shut down the only factory in the country that produces food-grade CO2. The decision was taken for safety reasons and no re-opening date was set. Following the 2022 closure of the Marsden Point…

Overall, New Zealand’s alcoholic drinks industry faced significant challenges during 2023 with the rising cost of production and inflation having a huge impact on consumer spending habits. Many consumers have cut all non-essential spending due to the…

Sweet biscuits, snack bars and fruit snacks in New Zealand is experiencing a more favourable trading environment compared to 2023, largely due to improvements in supply chain efficiencies, reduced logistics costs, and a decrease in major commodity…

Despite a marginal retail volume decline in early 2024, sugar confectionery in New Zealand demonstrates remarkable resilience. This category is driven by various consumer occasions, offering affordable indulgences that serve as everyday escapism.…

Snacks in New Zealand is navigating a period of transformation, shaped by both persistent economic pressures and evolving consumer behaviour. Persistent high interest rates and sustained inflation are constraining consumer spending, resulting in a…

Savoury snacks in New Zealand is navigating a challenging landscape marked by inflationary pressures and changing consumer spending behaviour. In 2024, the category is facing a decline in retail volumes as discretionary spending tightens. Despite…

Ice cream in New Zealand remains a popular and resilient snacks category, even amid rising living costs. Local consumers continue to show a strong preference for premium quality ice cream, largely driven by the country's unique natural resources,…

Current retail value sales of gum in New Zealand continue to grow, driven by further price increases. Despite falling retail volumes, some local consumers are inclined to incorporate breath-freshening products into their routines. This trend is…

Chocolate confectionery in New Zealand is grappling with significant challenges driven by record-high cocoa prices, which have surged by 250% over the past year. This dramatic price increase is largely due to reduced cocoa production in West Africa,…

The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in New Zealand covers production and consumption trends in agricultural commodities, energy…

In 2024, pet products in New Zealand is witnessing similar current value growth as the previous year, as local consumers continue to prioritise their pets’ needs despite the high cost of living. However, budgetary constraints are resulting in many…

In 2024, consumers are expected to continue investing in premium pet food due to its greater nutritional value and health benefits compared to economy brands. Despite ongoing economic pressures, there is a strong unwillingness among New Zealand pet…

In New Zealand, demand for other pet food has increased in 2024, thanks to an increase in other pet populations and ownership. The premiumisation trend is furthering this expansion.

In 2024, dog food sales in New Zealand saw single-digit current value growth, primarily driven by the premium dry dog food segment. This trend reflects pet owners’ increasing tendency to treat their pets as important family members. Post-pandemic,…

Cat food in New Zealand continues to register declining volume sales in 2024, but current value growth remains relatively healthy. The deceleration in cat ownership, coupled with financial pressures, has impacted the category. Unit prices have…