What is the price of ethyl alcohol per kilogram/pound in New Zealand today?
The retail price range for New Zealand ethyl alcohol is between US$ 2.09 and US$ 3.30 per kilogram or between US$ 0.95 and US$ 1.50 per pound(lb). Click here to see today's exact prices of ethyl alcohol in New Zealand
The retail price range in New Zealand Dollar for ethyl alcohol is between NZD 3.32 and NZD 5.24 per kilogram or between NZD 1.51 and NZD 2.38 per pound(lb) in Wellington and Auckland.
Wholesale prices
In 2024, the approximate wholesale price range for New Zealand ethyl alcohol is between US$ 1.46 and US$ 2.31 per kilogram or between US$ 0.66 and US$ 1.05 per pound(lb).
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New Zealand Ethyl Alcohol Export Prices - Historical, Trends and Prediction
The export price of Ethyl Alcohol from New Zealand has seen a steady decline over the last five years. In 2011, the price was 421.35 US$ per kg, but by 2021, it had dropped to 1.41 US$ per kg. In 2020 and 2021, the price remained steady at 1.34 US$ per kg. Looking ahead, it is predicted that the export price of Ethyl Alcohol from New Zealand will remain at 1.36 US$ per kg in 2022 and 2023, and will increase slightly to 1.41 US$ per kg in 2024.New Zealand Ethyl Alcohol Import Prices - Historical, Trends and Prediction
The import price per kilogram of Ethyl Alcohol into New Zealand has seen a significant increase over the last five years. In 2012, the price was 215.16 US dollars per kg, and by 2017, it had risen to 1.25 US dollars per kg. In 2018, the price rose further to 1.36 US dollars per kg, and it has remained at this level for the last three years. In 2021, the price increased to 1.41 US dollars per kg, before dropping back to 1.36 US dollars per kg in 2022. Based on this trend, it is likely that the import price per kilogram of Ethyl Alcohol into New Zealand will remain at 1.36 US dollars per kg in 2023 and 2024.Export values for New Zealand ethyl alcohol
The total values in export for ethyl alcohol in New Zealand were US$ 11,522, US$ 12,654, US$ 14,341 and US$ 13,039 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 ethyl alcohol in other countries across Oceania: Fiji ethyl alcohol, French Polynesia ethyl alcohol, Guam ethyl alcohol, Micronesia ethyl alcohol, New Caledonia ethyl alcohol, Papua New Guinea ethyl alcohol, Samoa ethyl alcohol, Solomon Islands ethyl alcohol, Tonga ethyl alcohol & Vanuatu ethyl alcohol.
New Zealand ethyl alcohol - Production, Exports, Imports, Seasons and HS Codes
The volume of ethyl alcohol exported by New Zealand in 2020 was 12,628 tonnes. In 2019 New Zealand sold 9,736 tonnes of ethyl alcohol. For the year 2019 alone, the market for New Zealand ethyl alcohol (processed category) has decreased, recording a change of -7.794 % compared to the year 2018. Between 2017 and 2019, ethyl alcohol's exports reduced by -3.58% earning New Zealand US$13.04m for the year 2019. New Zealand's ethyl alcohol exports are categorised as:
- Undenatured ethyl alcohol, of actual alcoholic strength of >= 80% (HS code 220710)
- Ethyl alcohol of an alcoholic strength of < 80% vol, not denatured; spirits and other spirituous beverages (excluding compound alcoholic preparations of a kind used for the manufacture of beverages, spirits obtained by distilling grape wine or grape marc, whiskies, rum and other spirits obtained by distilling fermented sugar-cane products, gin, geneva, vodka, liqueurs and cordials) (HS code 220890)
- Denatured ethyl alcohol and other spirits of any strength (HS code 220720)
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New Zealand ethyl alcohol export values
In 2019, New Zealand supplied ethyl alcohol with a value of 13.04m USD, a contraction of -9.07% from 2018's total ethyl alcohol export of 14.341m USD. The annual change in value of New Zealand ethyl alcohol between 2017 to 2018 was 13.332 pc.
The annual change in the volume of New Zealand's ethyl alcohol exports between 2017 and 2019 was -3.58 pc compared to a variation of -7.794% in the period between 2018 and 2019.
New Zealand's stake of the world's total ethyl alcohol's exports in 2019 was 2.7 percent. The country holds position 8 in world exports of ethyl alcohol.
Export markets for New Zealand ethyl alcohol ( in '000$ )
Import/Export Trends
New Zealand is a net exporter of ethyl alcohol. The annual growth of New Zealand ethyl alcohol in value between 2015 to 2019 was 6%, per annum, while annual growth in quantity during the same period was -29%, per annum.
New Zealand procured 7,780 tonnes of ethyl alcohol in 2019.