What is the price of groundnuts (peanuts) per kilogram/pound in New Zealand today?
The retail price range for New Zealand groundnuts (peanuts) is between US$ 8.75 and US$ 12.86 per kilogram or between US$ 3.97 and US$ 5.83 per pound(lb). Click here to see today's exact prices of groundnuts (peanuts) in New Zealand
The retail price range in New Zealand Dollar for groundnuts (peanuts) is between NZD 13.92 and NZD 20.46 per kilogram or between NZD 6.31 and NZD 9.28 per pound(lb) in Wellington and Auckland.
Wholesale prices
In 2024, the approximate wholesale price range for New Zealand groundnuts (peanuts) is between US$ 6.12 and US$ 9.00 per kilogram or between US$ 2.78 and US$ 4.08 per pound(lb).
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New Zealand Groundnuts (peanuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Groundnuts (Peanuts) from New Zealand has seen a steady decline over the last five years. In 2011, the price was 5.00 US dollars per kg, but by 2021, it had dropped to 1.41 US dollars per kg. The price has fluctuated slightly since then, with the most recent price being 2.00 US dollars per kg in 2022. Looking ahead, we can predict that the export price per kilogram of Groundnuts (Peanuts) from New Zealand will be 1.86 US dollars per kg in 2023 and 1.83 US dollars per kg in 2024.The New Zealand groundnuts (peanuts) exports are categorised as:
- Groundnuts, in shell (excluding seed for sowing, roasted or otherwise cooked) (HS code 120241)
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
- Groundnut seed, for sowing (HS code 120230)
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
New Zealand Groundnuts (peanuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Groundnuts (Peanuts) into New Zealand has seen a steady decline over the last five years. In 2012, the price was 2.25 US dollars per kg, but by 2021, it had dropped to 1.41 US dollars per kg. This represents a decrease of 37.8%. The price has fluctuated slightly since then, with the most recent price being 2.00 US dollars per kg in 2022. Based on this trend, it is likely that the price of Groundnuts (Peanuts) imported into New Zealand will continue to decrease in the next two years, with an estimated price of 1.90 US dollars per kg in 2023 and 1.80 US dollars per kg in 2024.Export values for New Zealand groundnuts (peanuts)
The total values in export for groundnuts (peanuts) in New Zealand were US$ 45, US$ 39, US$ 5 and US$ 83 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in New Zealand: Coconuts, Brazil Nuts, Cashew Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts & Kola Nuts.
See prices of groundnuts (peanuts) in other countries across Oceania: Fiji groundnuts (peanuts), French Polynesia groundnuts (peanuts), Guam groundnuts (peanuts), Micronesia groundnuts (peanuts), New Caledonia groundnuts (peanuts), Papua New Guinea groundnuts (peanuts), Samoa groundnuts (peanuts), Solomon Islands groundnuts (peanuts), Tonga groundnuts (peanuts) & Vanuatu groundnuts (peanuts).
New Zealand groundnuts (peanuts) - Production, Exports, Imports, Seasons and HS Codes
The quantity of groundnuts (peanuts) sold by New Zealand in 2020 was 28 tonnes. In 2019 New Zealand exported 58 tonnes of groundnuts (peanuts). Through 2019 alone, the demand for New Zealand groundnuts (peanuts) (nuts category) has improved, flactuating by 1833.333 pc compared to the year 2018. Between 2017 and 2019, groundnuts (peanuts)'s exports increased by 190 pc netting the nation US$0.08m for the year 2019. New Zealand's groundnuts (peanuts) exports are categorised as:
- Groundnuts, in shell (excluding seed for sowing, roasted or otherwise cooked) (HS code 120241)
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
- Groundnut seed, for sowing (HS code 120230)
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New Zealand groundnuts (peanuts) export values
In 2019, New Zealand shipped groundnuts (peanuts) with a value of 0.08m USD, an increment of 1,500.00% from 2018's total groundnuts (peanuts) export of 0.005m USD. The annual growth in value of New Zealand groundnuts (peanuts) between 2017 to 2018 was -87.179 pc.
The annual variation in the amount of New Zealand's groundnuts (peanuts) exports between 2017 and 2019 was 190 pc compared to a variation of 1833.333% in the period between 2018 and 2019.
New Zealand's share of the world's total groundnuts (peanuts)'s exports in 2019 was less than 1%. New Zealand holds number 42 in world exports of groundnuts (peanuts).
Export markets for New Zealand groundnuts (peanuts) ( in '000$ )
New Zealand's best performing destinations for groundnuts (peanuts) are United Kingdom (UK), Singapore, United Arab Emirates (UAE), Australia and US.
Import/Export Trends
New Zealand is a net exporter of groundnuts (peanuts). The annual growth of New Zealand groundnuts (peanuts) in value between 2015 to 2019 was -38%, per year, while annual growth in quantity was -33%, per annum.
New Zealand ordered 4,831 tonnes of groundnuts (peanuts) in 2019.