What is the price of cocoa powder (solids) per kilogram/pound in New Zealand today?
The retail price range for New Zealand cocoa powder (solids) is between US$ 6.71 and US$ 27.84 per kilogram or between US$ 3.04 and US$ 12.63 per pound(lb). Click here to see today's exact prices of cocoa powder (solids) in New Zealand
The retail price range in New Zealand Dollar for cocoa powder (solids) is between NZD 10.68 and NZD 44.29 per kilogram or between NZD 4.84 and NZD 20.09 per pound(lb) in Wellington and Auckland.
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In 2024, the approximate wholesale price range for New Zealand cocoa powder (solids) is between US$ 4.70 and US$ 19.49 per kilogram or between US$ 2.13 and US$ 8.84 per pound(lb).
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New Zealand Cocoa Powder (solids) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cocoa Powder (Solids) from New Zealand has seen a steady decline over the last five years. In 2011, the price was 9.55 US dollars per kg, but by 2021, it had dropped to 4.20 US dollars per kg. The lowest price was recorded in 2015, at 4.79 US dollars per kg. Prices have been relatively stable since then, with the exception of 2020, when the price rose to 8.78 US dollars per kg. Based on the data, it is predicted that the export price per kilogram of Cocoa Powder (Solids) from New Zealand will remain relatively stable in 2023 and 2024, at around 4.08 US dollars per kg.The cocoa powder (solids) exports from New Zealand are classified as:
- Cocoa powder, not containing added sugar or other sweetening matter (HS code 180500)
- Cocoa powder, sweetened (HS code 180610)
New Zealand Cocoa Powder (solids) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cocoa Powder (Solids) into New Zealand has seen a steady decline over the last five years. In 2012, the price was 7.48 US dollars per kg, and by 2016, it had dropped to 3.89 US dollars per kg. In 2017, the price rose slightly to 4.11 US dollars per kg, before dropping again to 4.6 US dollars per kg in 2018. In 2019, the price decreased further to 4.26 US dollars per kg, before rising sharply to 8.78 US dollars per kg in 2020. The price then dropped to 4.2 US dollars per kg in 2021, and further to 4.08 US dollars per kg in 2022. Based on the data, it is likely that the import price per kilogram of Cocoa Powder (Solids) into New Zealand will remain relatively stable in the next two years. We predict that the price will remain at 4.08 US dollars per kg in 2023, and will increase slightly to 4.15 US dollars per kg in 2024.Export values for New Zealand cocoa powder (solids)
The total values in export for cocoa powder (solids) in New Zealand were US$ 592, US$ 399, US$ 299 and US$ 366 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 cocoa powder (solids) in other countries across Oceania: Fiji cocoa powder (solids), French Polynesia cocoa powder (solids), Guam cocoa powder (solids), Micronesia cocoa powder (solids), New Caledonia cocoa powder (solids), Papua New Guinea cocoa powder (solids), Samoa cocoa powder (solids), Solomon Islands cocoa powder (solids), Tonga cocoa powder (solids) & Vanuatu cocoa powder (solids).
New Zealand cocoa powder (solids) - Production, Exports, Imports, Seasons and HS Codes
The volume of cocoa powder (solids) exported by New Zealand in 2020 was 158 tons. In 2019 New Zealand sold 86 tonnes of cocoa powder (solids). Through 2019 alone, the demand for New Zealand cocoa powder (solids) (processed category) has surged, with a change of 32.308 % compared to the year 2018. Between 2017 and 2019, cocoa powder (solids)'s exports went down by -11.34% bringing the nation US$0.37m for the year 2019. New Zealand's cocoa powder (solids) exports are classified as:
- Cocoa powder, not containing added sugar or other sweetening matter (HS code 180500)
- Cocoa powder, sweetened (HS code 180610)
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New Zealand cocoa powder (solids) export values
In 2019, New Zealand supplied cocoa powder (solids) valued at 0.37m USD, an increment of 23.75% from 2018's total cocoa powder (solids) export of 0.299m USD. The yearly increase in value of New Zealand cocoa powder (solids) between 2017 to 2018 was -25.063 pc.
The per year change in the quantity of New Zealand's cocoa powder (solids) exports between 2017 and 2019 was -11.34% in comparison to a variation of 32.308% in the period between 2018 and 2019.
Export markets for New Zealand cocoa powder (solids) ( in '000$ )
New Zealand's best performing export markets for cocoa powder (solids) are Fiji, Solomon Islands, French Polynesia, Australia and Tonga.
New Zealand procured 4,309 tonnes of cocoa powder (solids) in 2019.