What is the price of wheat per kilogram/pound in New Zealand today?
The retail price range for New Zealand wheat is between US$ 1.20 and US$ 4.48 per kilogram or between US$ 0.54 and US$ 2.03 per pound(lb). Click here to see today's exact prices of wheat in New Zealand
The retail price range in New Zealand Dollar for wheat is between NZD 1.91 and NZD 7.13 per kilogram or between NZD 0.86 and NZD 3.24 per pound(lb) in Wellington and Auckland.
Wholesale prices
In 2024, the approximate wholesale price range for New Zealand wheat is between US$ 0.84 and US$ 3.14 per kilogram or between US$ 0.38 and US$ 1.42 per pound(lb).
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New Zealand Wheat Export Prices - Historical, Trends and Prediction
The export price per kilogram of Wheat from New Zealand over the last five years has been relatively stable. In 2017, the price was 1.41 US$ per kg, followed by 1.47 US$ per kg in 2018 and 1.39 US$ per kg in 2019. In 2020, the price dropped to 0.88 US$ per kg, and in 2021 it decreased further to 0.53 US$ per kg. The most recent data point is from 2022, where the price was 5.63 US$ per kg. Based on this trend, it is predicted that the export price per kilogram of Wheat from New Zealand in 2023 will be around 3.50 US$ per kg, and in 2024 it will be around 2.50 US$ per kg.The exports of wheat from New Zealand are categorised as:
- Durum wheat (excluding seed for sowing) (HS code 100119)
- Wheat (excl durum) & meslin (HS code 1001Xb)
- Wheat gluten, whether or not dried (HS code 110900)
- Durum wheat (HS code 100110)
- Durum wheat seed for sowing (HS code 100111)
- Seed of wheat and meslin, for sowing (excluding durum) (HS code 100191)
- Wheat and meslin (excluding durum wheat) (HS code 100190)
- Wheat and meslin (excluding seed for sowing, and durum wheat) (HS code 100199)
New Zealand Wheat Import Prices - Historical, Trends and Prediction
The import price per kilogram of Wheat into New Zealand over the last five years has been relatively stable. In 2017, the price was $1.41, followed by $1.47 in 2018, $1.39 in 2019, $0.88 in 2020 and $0.53 in 2021. The highest price was recorded in 2015 at $1.94. The lowest price was recorded in 2020 at $0.88. Based on this data, it is predicted that the import price per kilogram of Wheat into New Zealand in 2023 will be $0.53 and in 2024 will be $5.63.Export values for New Zealand wheat
The total values in export for wheat in New Zealand were US$ 143, US$ 355, US$ 106 and US$ 151 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in New Zealand: Rye, Barley, Oats, Maize, Rice, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of wheat in other countries across Oceania: Fiji wheat, French Polynesia wheat, Guam wheat, Micronesia wheat, New Caledonia wheat, Papua New Guinea wheat, Samoa wheat, Solomon Islands wheat, Tonga wheat & Vanuatu wheat.
New Zealand wheat - Production, Exports, Imports, Seasons and HS Codes
The volume of wheat shipped by New Zealand in 2020 was 72 tonnes. In 2019 New Zealand shipped 109 tonnes of wheat. In 2019 alone, the interest in New Zealand wheat (cereals/grains category) has increased, recording a change of 51.389 pc compared to the year 2018. Between 2017 and 2019, wheat's exports went down by -56.75% bringing the country US$0.15m for the year 2019. New Zealand's wheat exports are categorised as:
- Seed of wheat and meslin, for sowing (excluding durum) (HS code 100191)
- Durum wheat (HS code 100110)
- Durum wheat (excluding seed for sowing) (HS code 100119)
- Wheat and meslin (excluding durum wheat) (HS code 100190)
- Durum wheat seed for sowing (HS code 100111)
- Wheat gluten, whether or not dried (HS code 110900)
- Wheat and meslin (excluding seed for sowing, and durum wheat) (HS code 100199)
- Wheat (excl durum) & meslin (HS code 1001Xb)
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New Zealand wheat export values
In 2019, New Zealand sold wheat worth 0.15m USD, an increment of 41.51% from 2018's total wheat export of 0.106m USD. The yearly change in value of New Zealand wheat between 2017 to 2018 was -70.141 per cent.
The annual/yearly variation in the quantity of New Zealand's wheat exports between 2017 and 2019 was -56.75 pc in comparison to a variation of 51.389% in the period between 2018 and 2019.
Export markets for New Zealand wheat ( in '000$ )
New Zealand's leading export markets for wheat are French Polynesia, Thailand, Fiji, Malaysia and Singapore.
New Zealand procured 435,379 tonnes of wheat in 2019.
Production
The production of wheat in New Zealand was 3,184,736 tonnes in 2019 and is forecast to change by an average of 7.29%. The country had an estimated 360,000.00 hectares under wheat cultivation.