Luey said that even if alert level 1 was achieved and the event is held, sponsors and stall holders could be very disappointed with the level of public attendance of the event.
The annual event at the ASB Showgrounds is traditionally where the Prime Minister would kick off Chinese New Year festivities and draws crowds of about 10,000.
"ACCC holds this event for the public annually for over 20 year, mainly to provide a happy, relaxing and enjoyable event for the Auckland community to welcome Chinese New Year," Luey said.
"The current pandemic environment with the Delta variant will not allow our 2022 event to achieve its important goal. The committee felt that it should not hold this event if this important goal cannot be achieved and, especially when there is a risk of the event being a super-spreader."
The Auckland Diwali Festival is also up the air, with organisers Auckland Unlimited due to make a call by October 1 if the event scheduled for the end of October will go ahead.