What is the price of mustard seeds per kilogram/pound in New Zealand today?
The retail price range for New Zealand mustard seeds is between US$ 10.21 and US$ 24.60 per kilogram or between US$ 4.63 and US$ 11.16 per pound(lb). Click here to see today's exact prices of mustard seeds in New Zealand
The retail price range in New Zealand Dollar for mustard seeds is between NZD 16.25 and NZD 39.14 per kilogram or between NZD 7.37 and NZD 17.75 per pound(lb) in Wellington and Auckland.
Wholesale prices
In 2024, the approximate wholesale price range for New Zealand mustard seeds is between US$ 7.15 and US$ 17.22 per kilogram or between US$ 3.24 and US$ 7.81 per pound(lb).
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New Zealand Mustard Seeds Export Prices - Historical, Trends and Prediction
The export price per kilogram of Mustard Seeds from New Zealand has seen a steady decline over the last five years. In 2011, the price was 4.51 US dollars per kg, while in 2021 it had dropped to 1.96 US dollars per kg. The most significant decrease was seen between 2014 and 2015, when the price dropped from 3.38 US dollars per kg to 2.83 US dollars per kg. The price has remained relatively stable since then, with the latest figure being 2.04 US dollars per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Mustard Seeds from New Zealand will be 1.90 US dollars per kg in 2023 and 1.85 US dollars per kg in 2024.The mustard seeds exports from New Zealand are classified as:
- Mustard seeds, whether or not broken (HS code 120750)
New Zealand Mustard Seeds Import Prices - Historical, Trends and Prediction
The import price per kilogram of Mustard Seeds into New Zealand has seen a steady decline over the past five years. In 2012, the price was 5.50 US dollars per kg, but by 2016, it had dropped to 2.38 US dollars per kg. Since then, the price has fluctuated slightly, reaching a low of 1.96 US dollars per kg in 2021. The current price is 2.04 US dollars per kg. Based on this trend, it is likely that the price of Mustard Seeds will continue to decrease in the next two years, with an estimated price of 1.90 US dollars per kg in 2023 and 1.85 US dollars per kg in 2024.Export values for New Zealand mustard seeds
The total values in export for mustard seeds in New Zealand were US$ 633, US$ 1,103, US$ 699 and US$ 497 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Oil Seeds category in New Zealand: Linseed (Flax), Rapeseeds (Canola), Sunflower Seeds, Cotton Seeds, Castor (Ricinus) Seeds, Sesame Seeds, Safflower, Melon Seeds, Poppy Seeds & Shea Nuts.
See prices of mustard seeds in other countries across Oceania: Fiji mustard seeds, French Polynesia mustard seeds, Guam mustard seeds, Micronesia mustard seeds, New Caledonia mustard seeds, Papua New Guinea mustard seeds, Samoa mustard seeds, Solomon Islands mustard seeds, Tonga mustard seeds & Vanuatu mustard seeds.
New Zealand mustard seeds - Production, Exports, Imports, Seasons and HS Codes
The volume of mustard seeds sold by New Zealand in 2020 was 815 tons. In 2019 New Zealand shipped 212 tonnes of mustard seeds. In 2019 alone, the interest in New Zealand mustard seeds (oil seeds category) has shrunk, flactuating by -22.628 percent compared to the year 2018. Between 2017 and 2019, mustard seeds' exports decreased by -55.27 percent earning the nation US$0.50m for the year 2019. New Zealand's mustard seeds exports are classified as:
- Mustard seeds, whether or not broken (HS code 120750)
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New Zealand mustard seeds export values
In 2019, New Zealand supplied mustard seeds with a value of 0.50m USD, a contraction of -28.47% from 2018's total mustard seeds export of 0.699m USD. The annual change in value of New Zealand mustard seeds between 2017 to 2018 was -36.627%.
The annual variation in the volume of New Zealand's mustard seeds exports between 2017 and 2019 was -55.27 percent when compared to a variation of -22.628% in the growth rate between 2018 and 2019.
New Zealand's share of the world's total mustard seeds' exports in 2019 was less than 1%. New Zealand is ranked number 16 in world exports of mustard seeds.
Export markets for New Zealand mustard seeds ( in '000$ )
New Zealand's best performing destinations for mustard seeds are Vietnam, Germany, Thailand, the Philippines and Japan.
Import/Export Trends
New Zealand is a net exporter of mustard seeds. The annual growth of New Zealand mustard seeds in value between 2015 to 2019 was -71%, per year, while annual growth in quantity through the same period was -57%, per annum.
New Zealand ordered 101 tonnes of mustard seeds in 2019.