What is the price of essential oils per kilogram/pound in New Zealand today?
The retail price range for New Zealand essential oils is between US$ 10.29 and US$ 53.52 per kilogram or between US$ 4.67 and US$ 24.27 per pound(lb). Click here to see today's exact prices of essential oils in New Zealand
The retail price range in New Zealand Dollar for essential oils is between NZD 16.37 and NZD 85.14 per kilogram or between NZD 7.43 and NZD 38.61 per pound(lb) in Wellington and Auckland.
Wholesale prices
In 2024, the approximate wholesale price range for New Zealand essential oils is between US$ 7.20 and US$ 37.46 per kilogram or between US$ 3.27 and US$ 16.99 per pound(lb).
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New Zealand Essential Oils Export Prices - Historical, Trends and Prediction
The export price per kilogram of Essential Oils from New Zealand over the last five years has seen a steady decline. In 2011, the price was 113.67 US dollars per kg, dropping to 88.72 US dollars per kg in 2012. In 2013, the price rose to 114.16 US dollars per kg, before dropping again to 88.94 US dollars per kg in 2014. The price then dropped significantly to 54.88 US dollars per kg in 2015, and further to 46.40 US dollars per kg in 2016. In 2017, the price rose to 77.39 US dollars per kg, before dropping again to 45.64 US dollars per kg in 2018. The price then rose to 80.20 US dollars per kg in 2019, before increasing to 106.77 US dollars per kg in 2020. The price then rose again to 126.35 US dollars per kg in 2021, before dropping to 88.37 US dollars per kg in 2022. Based on this data, it is predicted that the export price per kilogram of Essential Oils from New Zealand will be around 83.90 US dollars per kg in 2023 and 85.45 US dollars per kg in 2024.The essential oils exports from New Zealand are classified as:
- Essential oils of citrus fruit, whether or not terpeneless, incl. concretes and absolutes (excluding those of sweet and bitter orange and lemon) (HS code 330119)
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
New Zealand Essential Oils Import Prices - Historical, Trends and Prediction
The import price per kilogram of Essential Oils into New Zealand over the last five years has been quite varied. In 2017, the price was 77.39 US dollars, followed by a sharp drop to 45.64 US dollars in 2018. This was followed by a slight increase to 80.20 US dollars in 2019, before a significant jump to 106.77 US dollars in 2020. The price then rose again to 126.35 US dollars in 2021, before dropping to 88.37 US dollars in 2022. Based on this data, it is likely that the import price per kilogram of Essential Oils into New Zealand will continue to fluctuate in the coming years. We can predict that the price in 2023 will be around 95.00 US dollars, and in 2024 it will be around 103.00 US dollars.Export values for New Zealand essential oils
The total values in export for essential oils in New Zealand were US$ 6,357, US$ 5,495, US$ 4,884 and US$ 3,208 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 essential oils in other countries across Oceania: Fiji essential oils, French Polynesia essential oils, Guam essential oils, Micronesia essential oils, New Caledonia essential oils, Papua New Guinea essential oils, Samoa essential oils, Solomon Islands essential oils, Tonga essential oils & Vanuatu essential oils.
New Zealand essential oils - Production, Exports, Imports, Seasons and HS Codes
The amount of essential oils shipped by New Zealand in 2020 was 35 metric tons. In 2019 New Zealand shipped 40 tonnes of essential oils. Through 2019 alone, the market for New Zealand essential oils (processed category) has decreased, flactuating by -62.617 per cent compared to the year 2018. Between 2017 and 2019, essential oils' exports decreased by -43.66 pc bringing New Zealand US$3.21m for the year 2019. New Zealand's essential oils exports are categorised as:
- Essential oils, whether or not terpeneless, incl. concretes and absolutes (excluding those of citrus fruit and mint) (HS code 330129)
- Essential oils of citrus fruit, whether or not terpeneless, incl. concretes and absolutes (excluding those of sweet and bitter orange and lemon) (HS code 330119)
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New Zealand essential oils export values
In 2019, New Zealand sold essential oils with a value of 3.21m USD, a decrease of -34.28% from 2018's total essential oils export of 4.884m USD. The annual reduction in value of New Zealand essential oils between 2017 to 2018 was -11.119 pc.
The per year variation in the amount of New Zealand's essential oils exports between 2017 and 2019 was -43.66 per cent when compared to a variation of -62.617% in the growth rate between 2018 and 2019.
New Zealand's portion of the world's total essential oils' exports in 2019 was less than 1%. The country holds number 47 in world exports of essential oils.
Export markets for New Zealand essential oils ( in '000$ )
New Zealand's leading export markets for essential oils are US, Australia, China, United Kingdom (UK) and Hong Kong.
Import/Export Trends
New Zealand is a net exporter of essential oils. The annual growth of New Zealand essential oils in value between 2015 to 2019 was 153%, per year, while annual growth in quantity through the same period was 52%, per annum.
New Zealand imported 285 tonnes of essential oils in 2019.