New Zealand's export prices declined 0.2 percent quarter-on-quarter in the three months to March 2020, following an upwardly revised 3.1 percent gain in the previous period and compared with market expectations of a 1 percent drop. Export prices for meat, including beef and lamb, declined 7.5 percent after a 9.7 surge in the prior period. On the other hand, dairy prices rose 0.8 percent, after falling 2.4 percent in Q4 2019. On an annual basis, export prices climbed 3.4 percent, after rising 3 percent.
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 June of 2020. source: Statistics New Zealand
Export Prices in New Zealand is expected to be 1202.98 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 1201.20 in 12 months time. In the long-term, the New Zealand Export Prices is projected to trend around 1203.81 points in 2021 and 1203.19 points in 2022, according to our econometric models.