What is the price of coffee extracts per kilogram/pound in New Zealand today?
The retail price range for New Zealand coffee extracts is between US$ 16.20 and US$ 38.12 per kilogram or between US$ 7.35 and US$ 17.29 per pound(lb). Click here to see today's exact prices of coffee extracts in New Zealand
The retail price range in New Zealand Dollar for coffee extracts is between NZD 25.77 and NZD 60.64 per kilogram or between NZD 11.69 and NZD 27.50 per pound(lb) in Wellington and Auckland.
Wholesale prices
In 2024, the approximate wholesale price range for New Zealand coffee extracts is between US$ 11.34 and US$ 26.68 per kilogram or between US$ 5.14 and US$ 12.10 per pound(lb).
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New Zealand Coffee Extracts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Coffee Extracts from New Zealand has seen a steady decline over the last five years. In 2011, the price was 14.50 US dollars per kg, but by 2021, it had dropped to 7.92 US dollars per kg. The lowest price was recorded in 2018, at 3.77 US dollars per kg. In 2020, the price rose to 8.29 US dollars per kg, before dropping again to 7.92 US dollars per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Coffee Extracts from New Zealand will be 7.17 US dollars in 2022 and 6.81 US dollars in 2023.The coffee extracts exports from New Zealand are classified as:
- Preparations with a basis of extracts, essences or concentrates of coffee or with a basis of coffee (HS code 210112)
- Extracts, essences and concentrates, of coffee (HS code 210111)
New Zealand Coffee Extracts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Coffee Extracts into New Zealand over the last five years has been quite volatile. In 2012, the price was 6.87 US dollars per kg, which increased to 9.28 US dollars per kg in 2013. However, the price dropped to 10.3 US dollars per kg in 2014 and then to 5.72 US dollars per kg in 2015. In 2016, the price further decreased to 5.33 US dollars per kg and then to 4.67 US dollars per kg in 2017. The price then dropped to 3.77 US dollars per kg in 2018 and 3.45 US dollars per kg in 2019. In 2020, the price increased to 8.29 US dollars per kg and then to 7.92 US dollars per kg in 2021. The latest data shows that the import price per kilogram of Coffee Extracts into New Zealand is 7.17 US dollars per kg in 2022. Based on the current trend, it is predicted that the import price per kilogram of Coffee Extracts into New Zealand will be 6.90 US dollars per kg in 2023 and 6.63 US dollars per kg in 2024.Export values for New Zealand coffee extracts
The total values in export for coffee extracts in New Zealand were US$ 4,639, US$ 2,954, US$ 2,253 and US$ 2,364 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 coffee extracts in other countries across Oceania: Fiji coffee extracts, French Polynesia coffee extracts, Guam coffee extracts, Micronesia coffee extracts, New Caledonia coffee extracts, Papua New Guinea coffee extracts, Samoa coffee extracts, Solomon Islands coffee extracts, Tonga coffee extracts & Vanuatu coffee extracts.
New Zealand coffee extracts - Production, Exports, Imports, Seasons and HS Codes
The amount of coffee extracts exported by New Zealand in 2020 was 228 tons. In 2019 New Zealand sold 686 tonnes of coffee extracts. For 2019 alone, the market for New Zealand coffee extracts (processed category) has increased, flactuating by 14.716 pc compared to the year 2018. Between 2017 and 2019, coffee extracts' exports increased by 8.37 percent earning New Zealand US$2.36m for the year 2019. New Zealand's coffee extracts exports are classified as:
- Extracts, essences and concentrates, of coffee (HS code 210111)
- Preparations with a basis of extracts, essences or concentrates of coffee or with a basis of coffee (HS code 210112)
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New Zealand coffee extracts export values
In 2019, New Zealand supplied coffee extracts costing 2.36m USD, a surge of 4.75% from 2018's total coffee extracts export of 2.253m USD. The annual growth in value of New Zealand coffee extracts between 2017 to 2018 was -23.731 pc.
The per year variation in the quantity of New Zealand's coffee extracts exports between 2017 and 2019 was 8.37 percent in comparison to a variation of 14.716% in the period between 2018 and 2019.
New Zealand's portion of the world's total coffee extracts' exports in 2019 was 3.9 percent. New Zealand is ranked number 7 in world exports of coffee extracts.
Export markets for New Zealand coffee extracts ( in '000$ )
New Zealand's leading destinations for coffee extracts are United Kingdom (UK), Fiji, Indonesia, US and Samoa.
Import/Export Trends
New Zealand is a net exporter of coffee extracts. The annual growth of New Zealand coffee extracts in value between 2015 to 2019 was 2%, per year, while annual growth in quantity was -3%, per annum.
New Zealand bought 7,484 tonnes of coffee extracts in 2019.