What is the price of fructose per kilogram/pound in New Zealand today?
The retail price range for New Zealand fructose is between US$ 5.05 and US$ 20.86 per kilogram or between US$ 2.29 and US$ 9.46 per pound(lb). Click here to see today's exact prices of fructose in New Zealand
The retail price range in New Zealand Dollar for fructose is between NZD 8.03 and NZD 33.18 per kilogram or between NZD 3.64 and NZD 15.05 per pound(lb) in Wellington and Auckland.
Wholesale prices
In 2024, the approximate wholesale price range for New Zealand fructose is between US$ 3.53 and US$ 14.60 per kilogram or between US$ 1.60 and US$ 6.62 per pound(lb).
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New Zealand Fructose Export Prices - Historical, Trends and Prediction
The export price per kilogram of Fructose from New Zealand over the last five years has been relatively stable. In 2017, the price was 1.20 US$ per kg, followed by 1.83 US$ per kg in 2018. In 2019, the price dropped to 1.18 US$ per kg, before increasing to 1.38 US$ per kg in 2020. 2021 saw a significant spike in the price, with 25.50 US$ per kg, before dropping back to 3.00 US$ per kg in 2022. Based on this data, it is likely that the export price per kilogram of Fructose from New Zealand will remain relatively stable in the next two years, with an estimated price of 1.50 US$ per kg in 2023 and 1.60 US$ per kg in 2024.The exports of fructose from New Zealand are categorised as:
- Chemically pure fructose in solid form (HS code 170250)
- Fructose in solid form and fructose syrup, not containing added flavouring or colouring matter and containing in the dry state > 50% by weight of fructose (excluding chemically pure fructose and invert sugar) (HS code 170260)
New Zealand Fructose Import Prices - Historical, Trends and Prediction
The import price per kilogram of Fructose into New Zealand over the last five years has been relatively stable. In 2017, the price was $1.20, followed by $1.83 in 2018, $1.18 in 2019, $1.38 in 2020 and $25.50 in 2021. The highest price was seen in 2021, which was more than 20 times the price in 2017. This could be attributed to a sudden surge in demand for Fructose in New Zealand. Looking ahead, we can expect the price of Fructose to remain relatively stable in the next two years, with an estimated price of $3.00 in 2022 and $3.20 in 2023.Export values for New Zealand fructose
The total values in export for fructose in New Zealand were US$ 15, US$ 110, US$ 22 and US$ 47 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 fructose in other countries across Oceania: Fiji fructose, French Polynesia fructose, Guam fructose, Micronesia fructose, New Caledonia fructose, Papua New Guinea fructose, Samoa fructose, Solomon Islands fructose, Tonga fructose & Vanuatu fructose.
New Zealand fructose - Production, Exports, Imports, Seasons and HS Codes
The quantity of fructose shipped by New Zealand in 2020 was 16 tons. In 2019 New Zealand sold 40 tonnes of fructose. In 2019 alone, the demand for New Zealand fructose (processed category) has surged, recording a change of 233.333 percent compared to the year 2018. Between 2017 and 2019, fructose's exports reduced by -56.52% bringing the nation US$0.05m for the year 2019. New Zealand's fructose exports are classified as:
- Fructose in solid form and fructose syrup, not containing added flavouring or colouring matter and containing in the dry state > 50% by weight of fructose (excluding chemically pure fructose and invert sugar) (HS code 170260)
- Chemically pure fructose in solid form (HS code 170250)
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New Zealand fructose export values
In 2019, New Zealand exported fructose valued at 0.05m USD, an increment of 127.27% from 2018's total fructose export of 0.022m USD. The annual increase in value of New Zealand fructose between 2017 to 2018 was -80%.
The annual change in the amount of New Zealand's fructose exports between 2017 and 2019 was -56.52 per cent compared to a variation of 233.333% in the period between 2018 and 2019.
New Zealand's share of the world's total fructose's exports in 2019 was 5.7%. New Zealand is ranked position 6 in world exports of fructose.
Export markets for New Zealand fructose ( in '000$ )
New Zealand's leading destinations for fructose are Australia, Samoa, Thailand, the Netherlands and New Caledonia.
Import/Export Trends
New Zealand is a net exporter of fructose. The annual growth of New Zealand fructose in value between 2015 to 2019 was 23%, per year, while annual growth in quantity through the same period was 9%, per annum.
New Zealand purchased 773 tonnes of fructose in 2019.