Fuel Prices New Zealand

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Part of: GIZ International Fuel Price database
Also see: New Zealand Energy Situation

Fuel Pricing Policies

Local Currency: NZD
Exchange Rate: 1.297


Last Update: 2010/11/17

The downstream fuel sector in New Zealand is open and prices are set liberally.

The Ministry of Economic Development (http://www.med.govt.nz/) monitors fuel prices very accurately and gives very comprehensive information regarding fuel taxation, fuel price composition and an analysis of how close domestic prices follow international prices. There is also plenty of historical information (from 2004) on retail prices, crude oil prices (Dubai spot market used as benchmark), margins and taxes for several fuel types available on the ministries website.

The AA gives also comprehensive and easy-to-understand information on fuel pricing (http://www.aa.co.nz).

Fuel Prices and Trends

Gasoline 95 Octane Diesel
in USD*

in Local Currency

* benchmark lines: green=US price; grey=price in Spain; red=price of Crude Oil

Source: http://www.med.govt.nz/

Fuel Price Composition

Price composition for one litre of Gasoline 91 Octane as of 2011/05/09.

GIZ IFP2012 New Zealand1.png
GIZ IFP2012 New Zealand2.png

For an assumed pump price of NZ$ 2.16

  • (*ETS = Emissions Trading Scheme Levy)
  • Operating Costs include import, storage, local transport, gas station costs ...
  • There is no excise tax on diesel. Diesel users pay Road User Charges instead.

Source: AA New Zealand (http://www.aa.co.nz)

At a Glance

Transparency of
Price Composition
Transparency of Pricing
Mechanism / Monitoring
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IFPDB trafficlight green.png IFPDB trafficlight explanation.png IFPDB trafficlight green.png

Sources to the Public

Type of Information Web-Link / Source
Other Information http://www.med.govt.nz/templates/StandardSummary____45.aspx
Price Composition http://www.med.govt.nz/templates/Page____12961.aspx
Price Composition http://www.med.govt.nz/templates/StandardSummary____38647.aspx
Pump prices and margins http://www.med.govt.nz/templates/StandardSummary____38647.aspx


Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices

This is a living document. If you have any comments or suggestions, please feel free to contact us: Armin.Wagner@giz.de