What is the price of black tea per kilogram/pound in New Zealand today?
The retail price range for New Zealand black tea is between US$ 6.86 and US$ 14.71 per kilogram or between US$ 3.11 and US$ 6.67 per pound(lb). Click here to see today's exact prices of black tea in New Zealand
The retail price range in New Zealand Dollar for black tea is between NZD 10.91 and NZD 23.40 per kilogram or between NZD 4.95 and NZD 10.61 per pound(lb) in Wellington and Auckland.
Wholesale prices
In 2024, the approximate wholesale price range for New Zealand black tea is between US$ 4.80 and US$ 10.30 per kilogram or between US$ 2.18 and US$ 4.67 per pound(lb).
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New Zealand Black Tea Export Prices - Historical, Trends and Prediction
The export price per kilogram of Black Tea from New Zealand has seen a steady increase over the last five years. In 2017, the price was 13.02 US $ per kg, and in 2018 it rose to 14.93 US $ per kg. In 2019, the price dropped to 9.57 US $ per kg, but it has since increased to 10.49 US $ per kg in 2020 and 11.37 US $ per kg in 2021. The current price of 9.07 US $ per kg is the lowest in the last five years. Based on this trend, it is predicted that the export price per kilogram of Black Tea from New Zealand will be 10.20 US $ per kg in 2023 and 10.91 US $ per kg in 2024.The New Zealand black tea exports are categorised as:
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg (HS code 090240)
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg (HS code 090230)
New Zealand Black Tea Import Prices - Historical, Trends and Prediction
The import price per kilogram of Black Tea into New Zealand over the last five years has been quite varied. In 2017, the price was $13.02, followed by a slight increase to $14.93 in 2018. However, in 2019, the price dropped to $9.57, before rising again to $10.49 in 2020. The price then decreased to $11.37 in 2021, before dropping to its lowest point of $9.07 in 2022. Overall, the import price of Black Tea into New Zealand has been quite volatile over the last five years. Looking ahead, it is likely that the import price of Black Tea into New Zealand will remain relatively stable in the next two years. We predict that the price will be $9.07 in 2023 and $9.34 in 2024.Export values for New Zealand black tea
The total values in export for black tea in New Zealand were US$ 934, US$ 1,393, US$ 896 and US$ 517 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 & Yerba mate.
See prices of black tea in other countries across Oceania: Fiji black tea, French Polynesia black tea, Guam black tea, Micronesia black tea, New Caledonia black tea, Papua New Guinea black tea, Samoa black tea, Solomon Islands black tea, Tonga black tea & Vanuatu black tea.
New Zealand black tea - Production, Exports, Imports, Seasons and HS Codes
The volume of black tea shipped by New Zealand in 2020 was 51 metric tons. In 2019 New Zealand shipped 54 tonnes of black tea. Through 2019 alone, the market for New Zealand black tea (processed category) has reduced, flactuating by -10 % compared to the year 2018. Between 2017 and 2019, black tea's exports went down by -49.53% earning the nation US$0.52m for the year 2019. New Zealand's black tea exports are categorised as:
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg (HS code 090230)
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg (HS code 090240)
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New Zealand black tea export values
In 2019, New Zealand supplied black tea with a value of 0.52m USD, a reduction of -41.96% from 2018's total black tea export of 0.896m USD. The annual reduction in value of New Zealand black tea between 2017 to 2018 was -35.678 per cent.
The per year variation in the volume of New Zealand's black tea exports between 2017 and 2019 was -49.53 pc when compared to a variation of -10% in the growth rate between 2018 and 2019.
New Zealand's stake of the world's total black tea's exports in 2019 was less than 1%. The country holds position 14 in world exports of black tea.
Export markets for New Zealand black tea ( in '000$ )
New Zealand's leading destinations for black tea are Australia, Fiji, China, Samoa and Vanuatu.
Import/Export Trends
New Zealand is a net exporter of black tea. The annual growth of New Zealand black tea in value between 2015 to 2019 was 4%, per year, while annual growth in quantity for the same period was -8%, per annum.
New Zealand procured 2,743 tonnes of black tea in 2019.