What is the price of glucose per kilogram/pound in New Zealand today?
The retail price range for New Zealand glucose is between US$ 6.67 and US$ 8.27 per kilogram or between US$ 3.03 and US$ 3.75 per pound(lb). Click here to see today's exact prices of glucose in New Zealand
The retail price range in New Zealand Dollar for glucose is between NZD 10.61 and NZD 13.15 per kilogram or between NZD 4.81 and NZD 5.97 per pound(lb) in Wellington and Auckland.
Wholesale prices
In 2024, the approximate wholesale price range for New Zealand glucose is between US$ 4.67 and US$ 5.79 per kilogram or between US$ 2.12 and US$ 2.62 per pound(lb).
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New Zealand Glucose Export Prices - Historical, Trends and Prediction
The export price per kilogram of Glucose from New Zealand over the last five years has seen a steady decline. In 2011, the price was 0.95 US dollars per kg, dropping to 0.81 US dollars per kg in 2012. This trend continued until 2015, when the price reached its lowest point of 0.60 US dollars per kg. Since then, the price has been gradually increasing, reaching 0.64 US dollars per kg in 2019. The most recent data shows that the price has risen to 0.71 US dollars per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Glucose from New Zealand will be 0.73 US dollars per kg in 2023 and 0.75 US dollars per kg in 2024.The glucose exports from New Zealand are classified as:
- Glucose in solid form and glucose syrup, not containing added flavouring or colouring matter, and containing in the dry state >= 20% and < 50% by weight of fructose (excluding invert sugar) (HS code 170240)
- Glucose in solid form and glucose syrup, not containing added flavouring or colouring matter and not containing fructose or containing in the dry state, < 20% by weight of fructose (HS code 170230)
New Zealand Glucose Import Prices - Historical, Trends and Prediction
The import price per kilogram of Glucose into New Zealand over the last five years has been relatively stable. In 2017, the price was 0.54 US$ per kg, followed by 0.6 US$ per kg in 2018. In 2019, the price increased to 0.64 US$ per kg, before dropping to 0.58 US$ per kg in 2020. The price then rose again to 0.69 US$ per kg in 2021, before settling at 0.71 US$ per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Glucose into New Zealand in 2023 will be 0.73 US$ per kg, and in 2024 will be 0.75 US$ per kg.Export values for New Zealand glucose
The total values in export for glucose in New Zealand were US$ 1,014, US$ 900, US$ 623 and US$ 1,152 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Agro Commodities category in New Zealand: Eggs, Wood Ear, Jelly Fungi Tremella, Coffee Husks & Skins, Coca leaf, Poppy Straw, Ephedra, Seaweed, Sugar Beet & Sugarcane.
See prices of glucose in other countries across Oceania: Fiji glucose, French Polynesia glucose, Guam glucose, Micronesia glucose, New Caledonia glucose, Papua New Guinea glucose, Samoa glucose, Solomon Islands glucose, Tonga glucose & Vanuatu glucose.
New Zealand glucose - Production, Exports, Imports, Seasons and HS Codes
The volume of glucose shipped by New Zealand in 2020 was 2,560 metric tonnes. In 2019 New Zealand shipped 1,811 tonnes of glucose. Through 2019 alone, the market for New Zealand glucose (agro commodities category) has improved, changing by 74.976 per cent compared to the year 2018. Between 2017 and 2019, glucose's exports increased by 9.43 percent bringing the exporter US$1.15m for the year 2019. New Zealand's glucose exports are categorised as:
- Glucose in solid form and glucose syrup, not containing added flavouring or colouring matter, and containing in the dry state >= 20% and < 50% by weight of fructose (excluding invert sugar) (HS code 170240)
- Glucose in solid form and glucose syrup, not containing added flavouring or colouring matter and not containing fructose or containing in the dry state, < 20% by weight of fructose (HS code 170230)
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New Zealand glucose export values
In 2019, New Zealand sold glucose worth 1.15m USD, an increment of 84.59% from 2018's total glucose export of 0.623m USD. The annual growth in value of New Zealand glucose between 2017 to 2018 was -30.778 pc.
The annual change in the quantity of New Zealand's glucose exports between 2017 and 2019 was 9.43 pc when compared to a variation of 74.976% in the growth rate between 2018 and 2019.
New Zealand's share of the world's total glucose's exports in 2019 was 17.1%. The country is ranked number 1 in world exports of glucose.
Export markets for New Zealand glucose ( in '000$ )
New Zealand's best performing export markets for glucose are Australia, French Polynesia, China, Vietnam and Mexico.
Import/Export Trends
New Zealand is a net exporter of glucose. The annual growth of New Zealand glucose in value between 2015 to 2019 was 12%, per year, while annual growth in quantity during the same period was -2%, per annum.
New Zealand procured 7,262 tonnes of glucose in 2019.