What is the price of beeswax per kilogram/pound in New Zealand today?
The retail price range for New Zealand beeswax is between US$ 15.19 and US$ 29.50 per kilogram or between US$ 6.89 and US$ 13.38 per pound(lb). Click here to see today's exact prices of beeswax in New Zealand
The retail price range in New Zealand Dollar for beeswax is between NZD 24.17 and NZD 46.93 per kilogram or between NZD 10.96 and NZD 21.28 per pound(lb) in Wellington and Auckland.
Wholesale prices
In 2024, the approximate wholesale price range for New Zealand beeswax is between US$ 10.64 and US$ 20.65 per kilogram or between US$ 4.82 and US$ 9.36 per pound(lb).
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New Zealand Beeswax Export Prices - Historical, Trends and Prediction
The export price of Beeswax from New Zealand over the last five years has been quite volatile. In 2017, the price per kilogram was $15.10, which was the highest in the period. This was followed by a slight decrease in 2018 to $16.00. In 2019, the price dropped to $14.70, before increasing again to $10.25 in 2020. 2021 saw a sharp increase to $13.80, before dropping back to $9.40 in 2022. Based on this data, it is likely that the export price of Beeswax from New Zealand will remain around the $9.40 mark in 2023 and 2024.The exports of beeswax from New Zealand are categorised as:
- Beeswax, other insect waxes and spermaceti, whether or not refined or coloured (HS code 152190)
New Zealand Beeswax Import Prices - Historical, Trends and Prediction
The import price of Beeswax into New Zealand has seen a steady increase over the last five years. In 2016, the price per kilogram was 10.26 US dollars, and this increased to 15.10 US dollars in 2017. The highest price was recorded in 2018, when the import price per kilogram was 16.00 US dollars. The price then decreased to 14.70 US dollars in 2019, before dropping further to 10.25 US dollars in 2020. The price then increased again to 13.80 US dollars in 2021, before dropping to 9.40 US dollars in 2022. Based on the data, it is likely that the import price of Beeswax into New Zealand will remain relatively stable in the next two years. We predict that the import price per kilogram in 2023 will be 11.50 US dollars, and in 2024 it will be 12.00 US dollars.Export values for New Zealand beeswax
The total values in export for beeswax in New Zealand were US$ 277, US$ 317, US$ 288 and US$ 338 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in New Zealand: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of beeswax in other countries across Oceania: Fiji beeswax, French Polynesia beeswax, Guam beeswax, Micronesia beeswax, New Caledonia beeswax, Papua New Guinea beeswax, Samoa beeswax, Solomon Islands beeswax, Tonga beeswax & Vanuatu beeswax.
New Zealand beeswax - Production, Exports, Imports, Seasons and HS Codes
The quantity of beeswax exported by New Zealand in 2020 was 4 metric tons. In 2019 New Zealand shipped 23 tonnes of beeswax. Through 2019 alone, the interest in New Zealand beeswax (processed category) has increased, flactuating by 27.778 per cent compared to the year 2018. Between 2017 and 2019, beeswax' exports grew by 9.52 percent bringing the country US$0.34m for the year 2019. New Zealand's beeswax exports are categorised as:
- Beeswax, other insect waxes and spermaceti, whether or not refined or coloured (HS code 152190)
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New Zealand beeswax export values
In 2019, New Zealand exported beeswax costing 0.34m USD, an improvement of 18.06% from 2018's total beeswax export of 0.288m USD. The yearly increase in value of New Zealand beeswax between 2017 to 2018 was -9.148 percent.
The yearly change in the quantity of New Zealand's beeswax exports between 2017 and 2019 was 9.52 percent when compared to a variation of 27.778% in the growth rate between 2018 and 2019.
New Zealand's portion of the world's total beeswax' exports in 2019 was less than 1%. The country is ranked number 66 in world exports of beeswax.
Export markets for New Zealand beeswax ( in '000$ )
New Zealand's best performing export markets for beeswax are Germany, China, United Kingdom (UK), Switzerland and Australia.
Import/Export Trends
New Zealand is a net importer of beeswax. The annual growth of New Zealand beeswax in value between 2015 to 2019 was 47%, per year, while annual growth in quantity through the same period was %, per annum.
New Zealand imported 23 tonnes of beeswax in 2019.