New Zealand's export prices declined 8.3 percent quarter-on-quarter in the three months to September 2020 following a 2.4 percent increase in the previous period and compared with market expectations of a 3.5 percent drop. The decrease was mainly explained by export prices for dairy products, down 12 percent. Meanwhile, forestry products prices dropped 11 percent in the September 2020 quarter, following an 11 percent rise last quarter. Also, forestry products export volumes rose 27 percent in the quarter. source: Statistics New Zealand
Export Prices in New Zealand averaged 580.08 points from 1950 until 2019, reaching an all time high of 1269 points in the fourth quarter of 2008 and a record low of 85.30 points in the first quarter of 1950. This page provides - New Zealand Export Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Export Prices - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.
Export Prices in New Zealand is expected to be 1335.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Export Prices in New Zealand to stand at 1320.00 in 12 months time. In the long-term, the New Zealand Export Prices is projected to trend around 1325.00 points in 2021 and 1320.00 points in 2022, according to our econometric models.