New Zealand Diesel prices, 13-May-2024

The current price of diesel fuel in New Zealand is NZD 2.18 per liter or USD 1.31 per liter based on the latest update from 13-May-2024. For comparison, the world average diesel price is USD 1.19 per liter.
New Zealand
Diesel prices
 Current price 1.31
 Measure USD/Liter
 Last update 2024-05-13
 Data availability from 2014-06-02
 Data frequency Weekly
Source: Ministry of Business, Innovation and Employment


We show diesel price data for New Zealand from 2014-06-02 to 2024-05-13. The average diesel price during that period is NZD 1.58 per liter with a minimum of NZD 0.92 on 2016-01-25 and a maximum of NZD 2.99 on 2022-06-27. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for New Zealand every week.


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Diesel prices
Price (NZD/Liter) Percent change
 Current price 2.18 -
 One month ago 2.22 -1.8 %
 Three months ago 2.16 0.9 %
 One year ago 1.82 19.8 %


Our data on: CNN Bloomberg Reuters



New Zealand Diesel prices: The last eight weeks

New Zealand Diesel prices: The last eight weeks

New Zealand Diesel prices, liter, New Zealand Dollar


New Zealand Diesel prices: Historical graph; 2014-06-02-2024-05-13
* A long flat line means that the government fixes the prices.
New Zealand: Diesel price analytics
    Value
Percent of world average diesel price     100.21%
Correlation with crude oil prices     0.87
Percent change if oil prices increase 10%     6.88%
Correlation with USD exchange rate     -0.61
Price flexibility index: 0 (low) - 1 (high)     0.88
Correlation with gasoline prices     0.91
Percent of gasoline price     73.02%
Cost of 40 liter tank, percent of income     1.27%
Diesel consumption, percent of income     1.53%
Updated monthly. Methodological notes
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