What is the price of fish oil per kilogram/pound in New Zealand today?
The retail price range for New Zealand fish oil is between US$ 11.76 and US$ 18.52 per kilogram or between US$ 5.33 and US$ 8.40 per pound(lb). Click here to see today's exact prices of fish oil in New Zealand
The retail price range in New Zealand Dollar for fish oil is between NZD 18.70 and NZD 29.47 per kilogram or between NZD 8.48 and NZD 13.36 per pound(lb) in Wellington and Auckland.
Wholesale prices
In 2024, the approximate wholesale price range for New Zealand fish oil is between US$ 8.23 and US$ 12.97 per kilogram or between US$ 3.73 and US$ 5.88 per pound(lb).
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New Zealand Fish Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Fish Oil from New Zealand over the last five years has been relatively stable. In 2017, the price was 1.84 US$ per kg, followed by a slight increase to 2.86 US$ per kg in 2018. In 2019, the price dropped to 2.43 US$ per kg and further decreased to 2.05 US$ per kg in 2020. The price then rose to 2.51 US$ per kg in 2021 and 2.93 US$ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Fish Oil from New Zealand in 2023 will be around 3.35 US$ per kg and in 2024 will be around 3.77 US$ per kg.New Zealand Fish Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Fish Oil into New Zealand has seen a steady increase over the last five years. In 2017, the price was 1.84 US dollars per kg, and this increased to 2.86 US dollars per kg in 2018. In 2019, the price dropped slightly to 2.43 US dollars per kg, before increasing again to 2.51 US dollars per kg in 2021. The most recent data shows that the price of Fish Oil in New Zealand is 2.93 US dollars per kg. Based on this trend, it is likely that the price of Fish Oil in New Zealand will continue to increase, and we can predict that the price in 2023 will be around 3.05 US dollars per kg, and in 2024 it will be around 3.17 US dollars per kg.Export values for New Zealand fish oil
The total values in export for fish oil in New Zealand were US$ 6,547, US$ 6,713, US$ 13,052 and US$ 10,158 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 fish oil in other countries across Oceania: Fiji fish oil, French Polynesia fish oil, Guam fish oil, Micronesia fish oil, New Caledonia fish oil, Papua New Guinea fish oil, Samoa fish oil, Solomon Islands fish oil, Tonga fish oil & Vanuatu fish oil.
New Zealand fish oil - Production, Exports, Imports, Seasons and HS Codes
The amount of fish oil exported by New Zealand in 2020 was 3,890 tons. In 2019 New Zealand shipped 4,186 tonnes of fish oil. For the year 2019 alone, the interest in New Zealand fish oil (processed category) has shrunk, with a change of -8.403 per cent compared to the year 2018. Between 2017 and 2019, fish oil's exports went up by 14.65 pc netting the nation US$10.16m for the year 2019. New Zealand's fish oil exports are categorised as:
- Fats and oils and their fractions of marine mammals, whether or not refined (excluding chemically modified) (HS code 150430)
- Fats and oils of fish and their fractions, whether or not refined (excluding liver oils and chemically modified) (HS code 150420)
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New Zealand fish oil export values
In 2019, New Zealand sold fish oil with a value of 10.16m USD, a decrease of -22.16% from 2018's total fish oil export of 13.052m USD. The yearly reduction in value of New Zealand fish oil between 2017 to 2018 was 94.429 percent.
The annual/yearly change in the quantity of New Zealand's fish oil exports between 2017 and 2019 was 14.65% in comparison to a variation of -8.403% in the period between 2018 and 2019.
New Zealand's stake of the world's total fish oil's exports in 2019 was less than 1%. New Zealand is ranked position 21 in world exports of fish oil.
Export markets for New Zealand fish oil ( in '000$ )
Import/Export Trends
New Zealand is a net exporter of fish oil. The annual growth of New Zealand fish oil in value between 2015 to 2019 was 23%, per year, while annual growth in quantity through the same period was 19%, per annum.
New Zealand ordered 2,877 tonnes of fish oil in 2019.