What is the price of vanilla per kilogram/pound in New Zealand today?
The retail price range for New Zealand vanilla is between US$ 77.99 and US$ 96.41 per kilogram or between US$ 35.37 and US$ 43.72 per pound(lb). Click here to see today's exact prices of vanilla in New Zealand
The retail price range in New Zealand Dollar for vanilla is between NZD 124.08 and NZD 153.37 per kilogram or between NZD 56.27 and NZD 69.56 per pound(lb) in Wellington and Auckland.
Wholesale prices
In 2024, the approximate wholesale price range for New Zealand vanilla is between US$ 54.59 and US$ 67.49 per kilogram or between US$ 24.76 and US$ 30.61 per pound(lb).
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New Zealand Vanilla Export Prices - Historical, Trends and Prediction
The export price per kilogram of Vanilla from New Zealand over the last five years has been quite volatile. In 2017, the price was at its highest at 80.00 US dollars per kg, before dropping to 45.00 US dollars per kg in 2018. The price then rose to 48.00 US dollars per kg in 2019, before dropping again to 35.12 US dollars per kg in 2020. 2021 saw a further decrease to 25.94 US dollars per kg, and the most recent year, 2022, saw the price drop to 21.45 US dollars per kg. Based on this data, it is predicted that the export price per kilogram of Vanilla from New Zealand in 2023 will be around 19.50 US dollars per kg, and in 2024 will be around 17.50 US dollars per kg.The New Zealand vanilla exports are categorised as:
- Vanilla, neither crushed nor ground (HS code 090510)
- Vanilla (HS code 090500)
- Vanilla, crushed or ground (HS code 090520)
New Zealand Vanilla Import Prices - Historical, Trends and Prediction
The import price per kilogram of Vanilla into New Zealand over the last five years has been quite volatile. In 2017, the price was at its highest at 80.00 US dollars per kg, before dropping to 45.00 US dollars per kg in 2018. The price then rose again to 48.00 US dollars per kg in 2019, before dropping to 35.12 US dollars per kg in 2020. The price then dropped further to 25.94 US dollars per kg in 2021, and is currently at its lowest at 21.45 US dollars per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Vanilla into New Zealand in 2023 will be around 18.00 US dollars per kg, and in 2024 will be around 15.00 US dollars per kg.Export values for New Zealand vanilla
The total values in export for vanilla in New Zealand were US$ 660, US$ 240, US$ 225 and US$ 96 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in New Zealand: Garlic, Pepper, Capsicum (Bell Pepper), Cinnamon, Cloves, Nutmeg, Mace, Cardamom, Anise & Coriander seeds.
See prices of vanilla in other countries across Oceania: Fiji vanilla, French Polynesia vanilla, Guam vanilla, Micronesia vanilla, New Caledonia vanilla, Papua New Guinea vanilla, Samoa vanilla, Solomon Islands vanilla, Tonga vanilla & Vanuatu vanilla.
New Zealand vanilla - Production, Exports, Imports, Seasons and HS Codes
The quantity of vanilla sold by New Zealand in 2020 was 8 metric tonnes. In 2019 New Zealand shipped 2 tonnes of vanilla. Through 2019 alone, the interest in New Zealand vanilla (herbs and spices category) has reduced, changing by -60 pc compared to the year 2018. Between 2017 and 2019, vanilla's exports decreased by -33.33% netting the nation US$0.10m for the year 2019. New Zealand's vanilla exports are categorised as:
- Vanilla, neither crushed nor ground (HS code 090510)
- Vanilla, crushed or ground (HS code 090520)
- Vanilla (HS code 090500)
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New Zealand vanilla export values
In 2019, New Zealand shipped vanilla valued at 0.10m USD, a reduction of -55.56% from 2018's total vanilla export of 0.225m USD. The annual reduction in value of New Zealand vanilla between 2017 to 2018 was -6.25%.
The yearly change in the quantity of New Zealand's vanilla exports between 2017 and 2019 was -33.33 percent compared to a variation of -60% in the period between 2018 and 2019.
New Zealand's portion of the world's total vanilla's exports in 2019 was 1.9%. New Zealand is ranked number 11 in world exports of vanilla.
Export markets for New Zealand vanilla ( in '000$ )
New Zealand's leading destinations for vanilla are Australia, US, Hong Kong, United Kingdom (UK) and Denmark.
New Zealand bought 26 tonnes of vanilla in 2019.