What is the price of groat per kilogram/pound in New Zealand today, November 28th?
The retail price range for New Zealand groat is between US$ 6 and US$ 17 per kilogram or between US$ 2.72 and US$ 7.71 per pound(lb). Click here to see today's exact prices of groat in New Zealand
The retail price range in New Zealand Dollar for groat is between NZD 9.55 and NZD 27.05 per kilogram or between NZD 4.33 and NZD 12.27 per pound(lb) in Wellington and Auckland.
In 2023, the approximate wholesale price range for New Zealand groat is between US$ 4.19 and US$ 11.89 per kilogram or between US$ 1.9 and US$ 5.39 per pound(lb).
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New Zealand Groat Export Prices - Historical, Trends and Prediction
The export price of Groat from New Zealand over the last five years has been quite volatile. In 2017, the price was 0.62 US$ per kg, which increased to 0.69 US$ per kg in 2018. However, in 2019, the price skyrocketed to 3.86 US$ per kg before dropping back to 0.7 US$ per kg in 2020. The price has been relatively stable since then, with 0.75 US$ per kg in 2021 and 0.82 US$ per kg in 2022. Based on this trend, it is predicted that the export price of Groat from New Zealand will be 0.89 US$ per kg in 2023 and 0.96 US$ per kg in 2024.
New Zealand Groat Import Prices - Historical, Trends and Prediction
The import price per kilogram of Groat into New Zealand has seen a lot of fluctuation over the past five years. In 2016, the price was at its lowest at 0.59 US$ per kg, before increasing to 1.03 US$ per kg in 2013. In 2014, the price rose to 2.01 US$ per kg, before dropping back to 1.00 US$ per kg in 2015. Since then, the price has been steadily increasing, reaching 0.69 US$ per kg in 2018 and 0.7 US$ per kg in 2020. The most recent data shows that the price has risen to 0.75 US$ per kg in 2021.
Looking ahead, it is likely that the import price per kilogram of Groat into New Zealand will continue to increase. We predict that the price will reach 0.82 US$ per kg in 2022 and 0.89 US$ per kg in 2023. In 2024, we predict that the price will reach 0.96 US$ per kg.
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Export values for New Zealand groat
The total values in export for groat in New Zealand were US$ 2,249, US$ 1,975, US$ 1,562 and US$ 401 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.