What is the price of butter per kilogram/pound in New Zealand today?
The retail price range for New Zealand butter is between US$ 4.13 and US$ 8.45 per kilogram or between US$ 1.87 and US$ 3.83 per pound(lb). Click here to see today's exact prices of butter in New Zealand
The retail price range in New Zealand Dollar for butter is between NZD 6.56 and NZD 13.45 per kilogram or between NZD 2.98 and NZD 6.10 per pound(lb) in Wellington and Auckland.
In 2023, the approximate wholesale price range for New Zealand butter is between US$ 2.89 and US$ 5.92 per kilogram or between US$ 1.31 and US$ 2.68 per pound(lb).
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New Zealand Butter Export Prices - Historical, Trends and Prediction
The export price per kilogram of butter from New Zealand over the last five years has been relatively stable. In 2017, the price was 5.18 US dollars per kilogram, followed by 5.4 US dollars in 2018. In 2019, the price dropped to 4.71 US dollars per kilogram, and then further decreased to 4.22 US dollars in 2020. In 2021, the price increased to 4.82 US dollars per kilogram, and then rose to 5.9 US dollars in 2022. Based on this trend, it is predicted that the export price per kilogram of butter from New Zealand in 2023 will be around 6.2 US dollars, and in 2024 it will be around 6.4 US dollars.
New Zealand Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Butter into New Zealand over the last five years has been quite volatile. In 2016, the price was 3.23 US dollars per kg, which increased to 5.18 US dollars per kg in 2017. This was followed by a slight increase to 5.4 US dollars per kg in 2018. However, the price dropped to 4.71 US dollars per kg in 2019 and further decreased to 4.22 US dollars per kg in 2020. The price has since recovered to 4.82 US dollars per kg in 2021. The latest data shows that the import price per kilogram of Butter into New Zealand is 5.9 US dollars.
Based on the current trend, it is expected that the import price per kilogram of Butter into New Zealand will continue to increase in the coming years. We predict that the import price per kilogram of Butter into New Zealand will be 6.20 US dollars in 2023 and 6.50 US dollars in 2024.
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Export values for New Zealand butter
The total values in export for butter in New Zealand were US$ 1,712,305, US$ 2,380,509, US$ 2,612,026 and US$ 2,303,023 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.