What is the price of olives per kilogram/pound in New Zealand today?
The retail price range for New Zealand olives is between US$ 8.17 and US$ 12.26 per kilogram or between US$ 3.71 and US$ 5.56 per pound(lb). Click here to see today's exact prices of olives in New Zealand
The retail price range in New Zealand Dollar for olives is between NZD 13.00 and NZD 19.50 per kilogram or between NZD 5.90 and NZD 8.84 per pound(lb) in Wellington and Auckland.
Wholesale prices
In 2024, the approximate wholesale price range for New Zealand olives is between US$ 5.72 and US$ 8.58 per kilogram or between US$ 2.59 and US$ 3.89 per pound(lb).
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New Zealand Olives Export Prices - Historical, Trends and Prediction
The export price per kilogram of Olives from New Zealand over the last five years has been relatively stable. In 2017, the price was 3.29 US $ per kg, followed by 2.89 US $ per kg in 2018. In 2019, the price increased to 3.52 US $ per kg, before dropping to 2.50 US $ per kg in 2020. The price then increased slightly to 2.54 US $ per kg in 2021, before rising to 4.79 US $ per kg in 2022. Based on this data, it is likely that the export price per kilogram of Olives from New Zealand will remain relatively stable in the next two years, with an estimated price of 3.67 US $ per kg in 2023 and 4.19 US $ per kg in 2024.The New Zealand olives exports are categorised as:
- Olives, provisionally preserved, e.g. by sulphur dioxide gas, in brine, in sulphur water or in other preservative solutions, but unsuitable in that state for immediate consumption (HS code 071120)
- Olives, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200570)
- Fresh or chilled olives (HS code 070992)
New Zealand Olives Import Prices - Historical, Trends and Prediction
The import price per kilogram of Olives into New Zealand over the last five years has been quite varied. In 2016, the price was 3.33 US dollars per kg, followed by a slight decrease to 3.29 US dollars per kg in 2017. In 2018, the price dropped further to 2.89 US dollars per kg, before increasing to 3.52 US dollars per kg in 2019. The price then dropped again to 2.50 US dollars per kg in 2020, before increasing slightly to 2.54 US dollars per kg in 2021. The most recent data shows that the price has increased to 4.79 US dollars per kg in 2022. Based on the data, it is likely that the import price per kilogram of Olives into New Zealand will continue to fluctuate in the coming years. It is predicted that the price will remain relatively stable in 2023, at around 3.50 US dollars per kg, before increasing to 4.00 US dollars per kg in 2024.Export values for New Zealand olives
The total values in export for olives in New Zealand were US$ 20, US$ 23, US$ 26 and US$ 88 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fruits category in New Zealand: Pumpkins, squash and gourds, Sweetcorn, Bananas, Dates, Figs, Pineapples, Avocados, Mangoes, Oranges & Mandarin Oranges (tangerines and clementines.
See prices of olives in other countries across Oceania: Fiji olives, French Polynesia olives, Guam olives, Micronesia olives, New Caledonia olives, Papua New Guinea olives, Samoa olives, Solomon Islands olives, Tonga olives & Vanuatu olives.
New Zealand olives - Production, Exports, Imports, Seasons and HS Codes
The volume of olives sold by New Zealand in 2020 was 16 metric tons. In 2019 New Zealand exported 25 tonnes of olives. Through 2019 alone, the market for New Zealand olives (fruits category) has improved, changing by 177.778 per cent compared to the year 2018. Between 2017 and 2019, olives' exports grew by 257.14% netting New Zealand US$0.09m for the year 2019. New Zealand's olives exports are categorised as:
- Olives, provisionally preserved, e.g. by sulphur dioxide gas, in brine, in sulphur water or in other preservative solutions, but unsuitable in that state for immediate consumption (HS code 071120)
- Olives, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200570)
- Fresh or chilled olives (HS code 070992)
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New Zealand olives export values
In 2019, New Zealand sold olives costing 0.09m USD, an improvement of 246.15% from 2018's total olives export of 0.026m USD. The annual growth in value of New Zealand olives between 2017 to 2018 was 13.043 pc.
The per year variation in the amount of New Zealand's olives exports between 2017 and 2019 was 257.14% in comparison to a variation of 177.778% in the period between 2018 and 2019.
Export markets for New Zealand olives ( in '000$ )
New Zealand's top export markets for olives are Australia, Malaysia, Vanuatu, Solomon Islands and Samoa.
New Zealand purchased 2,973 tonnes of olives in 2019.