What is the price of peanut (groundnuts) per kilogram/pound in New Zealand today?
The retail price range for New Zealand peanut (groundnuts) is between US$ 6.98 and US$ 8.92 per kilogram or between US$ 3.17 and US$ 4.05 per pound(lb). Click here to see today's exact prices of peanut (groundnuts) in New Zealand
The retail price range in New Zealand Dollar for peanut (groundnuts) is between NZD 11.11 and NZD 14.20 per kilogram or between NZD 5.04 and NZD 6.44 per pound(lb) in Wellington and Auckland.
Wholesale prices
In 2024, the approximate wholesale price range for New Zealand peanut (groundnuts) is between US$ 4.89 and US$ 6.25 per kilogram or between US$ 2.22 and US$ 2.83 per pound(lb).
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New Zealand Peanut (groundnuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Peanut (Groundnuts) from New Zealand has seen a steady decline over the last five years. In 2011, the price was 5.37 US dollars per kg, but by 2021, it had dropped to 3.50 US dollars per kg. The lowest price was recorded in 2015, when it was 2.21 US dollars per kg. In the last two years, the price has been increasing, with the latest figure being 3.50 US dollars per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Peanut (Groundnuts) from New Zealand will be 3.37 US dollars per kg in 2023 and 3.56 US dollars per kg in 2024.The New Zealand peanut (groundnuts) exports are categorised as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
New Zealand Peanut (groundnuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Peanut (Groundnuts) into New Zealand has seen a steady decline over the last five years. In 2012, the price was 8.59 US dollars per kg, but by 2016, it had dropped to 1.94 US dollars per kg. Since then, the price has seen a slight increase, reaching 3.50 US dollars per kg in 2021. Based on this trend, it is likely that the import price per kilogram of Peanut (Groundnuts) into New Zealand will be 3.19 US dollars in 2023 and 3.20 US dollars in 2024.Export values for New Zealand peanut (groundnuts)
The total values in export for peanut (groundnuts) in New Zealand were US$ 1,258, US$ 3,181, US$ 4,726 and US$ 5,678 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts and Oil Seeds category in New Zealand: Pine nuts, Pecans, Chia seeds & Hemp seeds.
See prices of peanut (groundnuts) in other countries across Oceania: Fiji peanut (groundnuts), French Polynesia peanut (groundnuts), Guam peanut (groundnuts), Micronesia peanut (groundnuts), New Caledonia peanut (groundnuts), Papua New Guinea peanut (groundnuts), Samoa peanut (groundnuts), Solomon Islands peanut (groundnuts), Tonga peanut (groundnuts) & Vanuatu peanut (groundnuts).
New Zealand peanut (groundnuts) - Production, Exports, Imports, Seasons and HS Codes
The amount of peanut (groundnuts) shipped by New Zealand in 2020 was 2,273 tons. In 2019 New Zealand shipped 1,915 tonnes of peanut (groundnuts). Through 2019 alone, the demand for New Zealand peanut (groundnuts) (nuts and oil seeds category) has surged, flactuating by 16.131 percent compared to the year 2018. Between 2017 and 2019, peanut (groundnuts)'s exports went up by 53.94 pc netting the nation US$5.68m for the year 2019. New Zealand's peanut (groundnuts) exports are classified as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
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New Zealand peanut (groundnuts) export values
In 2019, New Zealand supplied peanut (groundnuts) with a value of 5.68m USD, an increase of 20.19% from 2018's total peanut (groundnuts) export of 4.726m USD. The annual growth in value of New Zealand peanut (groundnuts) between 2017 to 2018 was 48.57 per cent.
The annual/yearly variation in the quantity of New Zealand's peanut (groundnuts) exports between 2017 and 2019 was 53.94 pc when compared to a variation of 16.131% in the growth rate between 2018 and 2019.
New Zealand's portion of the world's total peanut (groundnuts)'s exports in 2019 was less than 1%. New Zealand holds position 34 in world exports of peanut (groundnuts).
Export markets for New Zealand peanut (groundnuts) ( in '000$ )
New Zealand's best performing destinations for peanut (groundnuts) are Australia, Fiji, China, Singapore and Tonga.
Import/Export Trends
New Zealand is a net importer of peanut (groundnuts). The annual growth of New Zealand peanut (groundnuts) in value between 2015 to 2019 was -22%, per annum, while annual growth in quantity for the same period was -23%, per annum.
New Zealand bought 14,862 tonnes of peanut (groundnuts) in 2019.