What is the price of oleoresins per kilogram/pound in New Zealand today?
The retail price range for New Zealand oleoresins is between US$ 527.55 and US$ 785.68 per kilogram or between US$ 239.25 and US$ 356.32 per pound(lb). Click here to see today's exact prices of oleoresins in New Zealand
The retail price range in New Zealand Dollar for oleoresins is between NZD 839.27 and NZD 1,249.93 per kilogram or between NZD 380.62 and NZD 566.86 per pound(lb) in Wellington and Auckland.
Wholesale prices
In 2024, the approximate wholesale price range for New Zealand oleoresins is between US$ 369.29 and US$ 549.98 per kilogram or between US$ 167.48 and US$ 249.42 per pound(lb).
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New Zealand Oleoresins Export Prices - Historical, Trends and Prediction
The export price per kilogram of Oleoresins from New Zealand over the last five years has been quite varied. In 2015, the price was 45.47 US dollars per kg, dropping to 30.43 US dollars per kg in 2016. 2017 saw a slight increase to 41.13 US dollars per kg, followed by a sharp rise to 67.34 US dollars per kg in 2018. 2019 saw a decrease to 38.81 US dollars per kg, and 2020 saw a further decrease to 27.19 US dollars per kg. 2021 saw a slight increase to 30.75 US dollars per kg, and 2022 saw a dramatic decrease to 9.65 US dollars per kg. Based on this data, it is predicted that the export price per kilogram of Oleoresins from New Zealand in 2023 will be around 24.10 US dollars per kg, and in 2024 will be around 18.45 US dollars per kg.New Zealand Oleoresins Import Prices - Historical, Trends and Prediction
The import price per kilogram of Oleoresins into New Zealand over the last five years has been quite varied. In 2015, the price was 45.47 US dollars per kg. This dropped significantly in 2016 to 30.43 US dollars per kg. The price then rose again in 2017 to 41.13 US dollars per kg. 2018 saw a further increase to 67.34 US dollars per kg, before dropping back to 38.81 US dollars per kg in 2019. The most recent year, 2020, saw the price fall to 27.19 US dollars per kg. 2021 saw a slight increase to 30.75 US dollars per kg, before dropping again in 2022 to 9.65 US dollars per kg. Based on this data, it is likely that the price of Oleoresins into New Zealand will remain relatively low in the next two years. We predict that the price in 2023 will be around 10.00 US dollars per kg, and in 2024 it will be around 9.00 US dollars per kg.Export values for New Zealand oleoresins
The total values in export for oleoresins in New Zealand were US$ 1,400, US$ 2,509, US$ 2,963 and US$ 2,212 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 oleoresins in other countries across Oceania: Fiji oleoresins, French Polynesia oleoresins, Guam oleoresins, Micronesia oleoresins, New Caledonia oleoresins, Papua New Guinea oleoresins, Samoa oleoresins, Solomon Islands oleoresins, Tonga oleoresins & Vanuatu oleoresins.
New Zealand oleoresins - Production, Exports, Imports, Seasons and HS Codes
The quantity of oleoresins sold by New Zealand in 2020 was 16 metric tons. In 2019 New Zealand exported 57 tonnes of oleoresins. For 2019 alone, the demand for New Zealand oleoresins (processed category) has gone up, changing by 29.545 per cent compared to the year 2018. Between 2017 and 2019, oleoresins' exports went down by -6.56 percent bringing the country US$2.21m for the year 2019. New Zealand's oleoresins exports are categorised as:
- Extracted oleoresins; concentrates of essential oils in fats, fixed oils, waxes and the like, obtained by enfleurage or maceration; terpenic by-products of the deterpenation of essential oils; aromatic aqueous distillates and aqueous solutions of essential oils (HS code 330190)
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New Zealand oleoresins export values
In 2019, New Zealand supplied oleoresins valued at 2.21m USD, a reduction of -25.41% from 2018's total oleoresins export of 2.963m USD. The annual reduction in value of New Zealand oleoresins between 2017 to 2018 was 18.095 per cent.
The yearly variation in the volume of New Zealand's oleoresins exports between 2017 and 2019 was -6.56% in comparison to a variation of 29.545% in the period between 2018 and 2019.
New Zealand's portion of the world's total oleoresins' exports in 2019 was less than 1%. New Zealand is ranked position 34 in world exports of oleoresins.
Export markets for New Zealand oleoresins ( in '000$ )
Import/Export Trends
New Zealand is a net exporter of oleoresins. The annual growth of New Zealand oleoresins in value between 2015 to 2019 was 3%, per annum, while annual growth in quantity through the same period was %, per annum.
New Zealand bought 156 tonnes of oleoresins in 2019.