What is the price of lard oil per kilogram/pound in New Zealand today?
The retail price range for New Zealand lard oil is between US$ 0.66 and US$ 1.15 per kilogram or between US$ 0.30 and US$ 0.52 per pound(lb). Click here to see today's exact prices of lard oil in New Zealand
The retail price range in New Zealand Dollar for lard oil is between NZD 1.05 and NZD 1.84 per kilogram or between NZD 0.48 and NZD 0.83 per pound(lb) in Wellington and Auckland.
Wholesale prices
In 2024, the approximate wholesale price range for New Zealand lard oil is between US$ 0.46 and US$ 0.81 per kilogram or between US$ 0.21 and US$ 0.37 per pound(lb).
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New Zealand Lard Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Lard Oil from New Zealand has seen a steady decline over the last five years. In 2017, the price was 1.33 US $ per kg, and in 2021 it was 1.30 US $ per kg. The lowest price was recorded in 2019, when it was 1.00 US $ per kg. The highest price was recorded in 2013, when it was 2.50 US $ per kg. The current price is 1.22 US $ per kg. Looking ahead, it is likely that the export price of Lard Oil from New Zealand will remain relatively stable, with a slight increase in 2023 to 1.67 US $ per kg, and a slight decrease in 2024 to 1.60 US $ per kg.New Zealand Lard Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Lard Oil into New Zealand over the last five years has been relatively stable. In 2017 and 2018, the price was $1.33 and $1.14 respectively. In 2019, the price dropped to $1.00, the lowest in the last five years. In 2020, the price increased to $1.22, before rising further to $1.30 in 2021. The highest price in the last five years was recorded in 2022, at $1.67. Based on this trend, it is likely that the import price per kilogram of Lard Oil into New Zealand in 2023 will be around $1.80, and in 2024, it is likely to be around $2.00.Export values for New Zealand lard oil
The total values in export for lard oil in New Zealand were US$ 8, US$ 4, US$ 8 and US$ 6 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 lard oil in other countries across Oceania: Fiji lard oil, French Polynesia lard oil, Guam lard oil, Micronesia lard oil, New Caledonia lard oil, Papua New Guinea lard oil, Samoa lard oil, Solomon Islands lard oil, Tonga lard oil & Vanuatu lard oil.
New Zealand lard oil - Production, Exports, Imports, Seasons and HS Codes
The quantity of lard oil sold by New Zealand in 2020 was 9 tons. In 2019 New Zealand exported 6 tonnes of lard oil. Across 2019 alone, the demand for New Zealand lard oil (processed category) has shrunk, recording a change of -14.286 % compared to the year 2018. Between 2017 and 2019, lard oil's exports went up by 100 pc bringing the country US$0.01m for the year 2019. New Zealand's lard oil exports are classified as:
- Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil (excluding emulsified, mixed or otherwise prepared) (HS code 150300)
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New Zealand lard oil export values
In 2019, New Zealand supplied lard oil worth 0.01m USD, an increase of 25.00% from 2018's total lard oil export of 0.008m USD. The annual increase in value of New Zealand lard oil between 2017 to 2018 was 100 pc.
The annual/yearly change in the volume of New Zealand's lard oil exports between 2017 and 2019 was 100 pc compared to a variation of -14.286% in the period between 2018 and 2019.
New Zealand's share of the world's total lard oil's exports in 2019 was 13.2 per cent. New Zealand holds position 1 in world exports of lard oil.
Export markets for New Zealand lard oil ( in '000$ )
Import/Export Trends
New Zealand is a net exporter of lard oil. The annual growth of New Zealand lard oil in value between 2015 to 2019 was 9%, per year, while annual growth in quantity was -4%, per annum.
New Zealand procured 84 tonnes of lard oil in 2019.