What is the price of oil cake (press cake) per kilogram/pound in New Zealand today?
The retail price range for New Zealand oil cake (press cake) is between US$ 1.01 and US$ 1.74 per kilogram or between US$ 0.46 and US$ 0.79 per pound(lb). Click here to see today's exact prices of oil cake (press cake) in New Zealand
The retail price range in New Zealand Dollar for oil cake (press cake) is between NZD 1.61 and NZD 2.77 per kilogram or between NZD 0.73 and NZD 1.26 per pound(lb) in Wellington and Auckland.
Wholesale prices
In 2024, the approximate wholesale price range for New Zealand oil cake (press cake) is between US$ 0.71 and US$ 1.22 per kilogram or between US$ 0.32 and US$ 0.55 per pound(lb).
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New Zealand Oil Cake (press Cake) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Oil cake (Press cake) from New Zealand has seen a steady increase over the last five years. In 2017, the price was 1.02 US $ per kg, and by 2021, it had risen to 1.60 US $ per kg. The highest price was recorded in 2019, at 1.82 US $ per kg. The current price is 1.23 US $ per kg. Based on the current trend, it is likely that the export price per kilogram of Oil cake (Press cake) from New Zealand will be around 1.45 US $ per kg in 2023 and 1.67 US $ per kg in 2024.New Zealand Oil Cake (press Cake) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Oil cake (Press cake) into New Zealand has seen a steady increase over the last five years. In 2017, the price was $1.02, followed by $1.29 in 2018, $1.82 in 2019, $1.19 in 2020 and $1.60 in 2021. This indicates a gradual rise in the import price of Oil cake (Press cake) into New Zealand. The highest price was recorded in 2019, with a significant drop in 2020 due to the pandemic. However, the price has been steadily increasing since then. Based on the current trend, it is predicted that the import price per kilogram of Oil cake (Press cake) into New Zealand will be $1.23 in 2022 and $1.45 in 2023. In 2024, the price is expected to reach $1.68.Export values for New Zealand oil cake (press cake)
The total values in export for oil cake (press cake) in New Zealand were US$ 38, US$ 95, US$ 44 and US$ 31 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 oil cake (press cake) in other countries across Oceania: Fiji oil cake (press cake), French Polynesia oil cake (press cake), Guam oil cake (press cake), Micronesia oil cake (press cake), New Caledonia oil cake (press cake), Papua New Guinea oil cake (press cake), Samoa oil cake (press cake), Solomon Islands oil cake (press cake), Tonga oil cake (press cake) & Vanuatu oil cake (press cake).
New Zealand oil cake (press cake) - Production, Exports, Imports, Seasons and HS Codes
The quantity of oil cake (press cake) shipped by New Zealand in 2020 was 67 tonnes. In 2019 New Zealand exported 17 tonnes of oil cake (press cake). Across 2019 alone, the interest in New Zealand oil cake (press cake) (processed category) has reduced, changing by -50 percent compared to the year 2018. Between 2017 and 2019, oil cake (press cake)'s exports reduced by -81.72% bringing New Zealand US$0.03m for the year 2019. New Zealand's oil cake (press cake) exports are classified as:
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of < 2% and yielding a solid component of glucosinolates of < 30 micromoles/g" (HS code 230641)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of high erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of >= 2% and yielding a solid component of glucosinolates of >= 30 micromoles/g" (HS code 230649)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of groundnut oil (HS code 230500)
- Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of rape or colza seeds (HS code 230640)
- Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable fats or oils from maize "corn" germ (HS code 230670)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable fats or oils (excluding of cotton seeds, linseed, sunflower seeds, rape or colza seeds, coconut or copra, palm nuts or kernels, or from the extraction of soya-bean oil or groundnut oil) (HS code 230690)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of cotton seeds (HS code 230610)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of linseed (HS code 230620)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil (HS code 230400)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of coconut or copra (HS code 230650)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of palm nuts or kernels (HS code 230660)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of sunflower seeds (HS code 230630)
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New Zealand oil cake (press cake) export values
In 2019, New Zealand shipped oil cake (press cake) costing 0.03m USD, a contraction of -31.82% from 2018's total oil cake (press cake) export of 0.044m USD. The yearly change in value of New Zealand oil cake (press cake) between 2017 to 2018 was -53.684 percent.
The annual/yearly change in the amount of New Zealand's oil cake (press cake) exports between 2017 and 2019 was -81.72 percent compared to a variation of -50% in the period between 2018 and 2019.
Export markets for New Zealand oil cake (press cake) ( in '000$ )
New Zealand procured 2,194,151 tonnes of oil cake (press cake) in 2019.