What is the price of butter per kilogram/pound in Australia today?
The retail price range for Australia butter is between US$ 3.91 and US$ 7.82 per kilogram or between US$ 1.77 and US$ 3.55 per pound(lb). Click here to see today's exact prices of butter in Australia
The retail price range in Australian Dollar for butter is between AUD 5.88 and AUD 11.76 per kilogram or between AUD 2.67 and AUD 5.33 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia butter is between US$ 2.74 and US$ 5.47 per kilogram or between US$ 1.24 and US$ 2.48 per pound(lb).
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Australia Butter Export Prices - Historical, Trends and Prediction
The export price per kilogram of Butter from Australia over the last five years has been relatively stable. In 2017, the price was 5.20 US dollars per kilogram, followed by 5.54 US dollars per kilogram in 2018. In 2019, the price dropped to 4.84 US dollars per kilogram, and then further decreased to 4.52 US dollars per kilogram in 2020. In 2021, the price increased to 5.31 US dollars per kilogram, and then slightly increased to 5.36 US dollars per kilogram in 2022. Based on this trend, it is predicted that the export price per kilogram of Butter from Australia in 2023 will be around 5.50 US dollars, and in 2024 will be around 5.60 US dollars.Australia Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Butter into Australia over the last five years has been quite volatile. In 2016, the price was $3.48, which was the lowest in the five-year period. This was followed by a sharp increase in 2017, when the price rose to $5.20. The price then dropped to $4.84 in 2019, before rising again to $5.31 in 2021. The most recent data shows that the price of Butter in 2022 was $5.36. Looking ahead, it is likely that the price of Butter will remain relatively stable in the next two years. We predict that the price of Butter in 2023 will be around $5.35, and in 2024 it will be around $5.37.Export values for Australia butter
The total values in export for butter in Australia were US$ 113,560, US$ 84,993, US$ 91,435 and US$ 86,551 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Australia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of butter in other countries across Oceania: Fiji butter, French Polynesia butter, Guam butter, Micronesia butter, New Caledonia butter, Papua New Guinea butter, Samoa butter, Solomon Islands butter, Tonga butter & Vanuatu butter.
Australia butter - Production, Exports, Imports, Seasons and HS Codes
The volume of butter exported by Australia in 2020 was 16,250 tonnes. In 2019 Australia exported 17,855 tonnes of butter. In 2019 alone, the demand for Australia butter (processed category) has escalated, with a change of 8.094 per cent compared to the year 2018. Between 2017 and 2019, butter's exports went up by 9.21 percent bringing the exporter US$86.55m for the year 2019. Australia's butter exports are categorised as:
- Fats and oils derived from milk, and dehydrated butter and ghee (excluding natural butter, recombined butter and whey butter) (HS code 040590)
- Butter (excluding dehydrated butter and ghee) (HS code 040510)
- Dairy spreads of a fat content, by weight, of >= 39% but < 80% (HS code 040520)
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Australia butter export values
In 2019, Australia shipped butter worth 86.55m USD, a decrease of -5.34% from 2018's total butter export of 91.435m USD. The annual change in value of Australia butter between 2017 to 2018 was 7.579 pc.
The annual/yearly variation in the volume of Australia's butter exports between 2017 and 2019 was 9.21 per cent in comparison to a variation of 8.094% in the period between 2018 and 2019.
Australia's stake of the world's total butter's exports in 2019 was less than 1%. Australia holds number 16 in world exports of butter.
Export markets for Australia butter ( in '000$ )
Import/Export Trends
Australia is a net exporter of butter. The annual growth of Australia butter in value between 2015 to 2019 was -37%, per year, while annual growth in quantity for the same period was -32%, per annum.
Australia imported 38,688 tonnes of butter in 2019.