What is the price of margarine per kilogram/pound in Australia today?
The retail price range for Australia margarine is between US$ 3.91 and US$ 8.79 per kilogram or between US$ 1.77 and US$ 3.99 per pound(lb). Click here to see today's exact prices of margarine in Australia
The retail price range in Australian Dollar for margarine is between AUD 5.88 and AUD 13.22 per kilogram or between AUD 2.66 and AUD 6.00 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia margarine is between US$ 2.73 and US$ 6.15 per kilogram or between US$ 1.24 and US$ 2.79 per pound(lb).
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Australia Margarine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Margarine from Australia over the last five years has seen a steady decline. In 2017, the price was 2.25 US $ per kg, which dropped to 1.65 US $ per kg in 2016. This downward trend continued in the following years, with the price reaching 2.15 US $ per kg in 2015, 2.42 US $ per kg in 2014, and 2.66 US $ per kg in 2013. However, the price has seen an increase in the last two years, with 2.39 US $ per kg in 2019 and 2.66 US $ per kg in 2020. The current price is 2.95 US $ per kg in 2021 and is expected to remain at 2.91 US $ per kg in 2022. Predicted prices for 2023 and 2024 are 2.87 US $ per kg and 2.83 US $ per kg respectively.The Australia margarine exports are categorised as:
- Margarine (excluding liquid) (HS code 151710)
Australia Margarine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Margarine into Australia has seen a steady decline over the past five years. In 2012, the price was 2.88 US dollars per kg, and by 2016, it had dropped to 1.65 US dollars per kg. In 2017, the price increased to 2.25 US dollars per kg, before dropping again to 2.21 US dollars per kg in 2018. Since then, the price has been on the rise, reaching 2.39 US dollars per kg in 2019 and 2.66 US dollars per kg in 2020. The most recent data shows that the price has increased further to 2.95 US dollars per kg in 2021 and 2.91 US dollars per kg in 2022. Based on the current trend, it is likely that the import price per kilogram of Margarine into Australia will continue to increase in the next two years. We predict that the price will reach 3.14 US dollars per kg in 2023 and 3.33 US dollars per kg in 2024.Export values for Australia margarine
The total values in export for margarine in Australia were US$ 37,910, US$ 32,847, US$ 31,063 and US$ 35,494 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, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of margarine in other countries across Oceania: Fiji margarine, French Polynesia margarine, Guam margarine, Micronesia margarine, New Caledonia margarine, Papua New Guinea margarine, Samoa margarine, Solomon Islands margarine, Tonga margarine & Vanuatu margarine.
Australia margarine - Production, Exports, Imports, Seasons and HS Codes
The amount of margarine sold by Australia in 2020 was 14,219 metric tonnes. In 2019 Australia sold 14,857 tonnes of margarine. Through 2019 alone, the interest in Australia margarine (processed category) has gone up, flactuating by 5.751 per cent compared to the year 2018. Between 2017 and 2019, margarine's exports went up by 1.77% earning Australia US$35.49m for the year 2019. Australia's margarine exports are classified as:
- Margarine (excluding liquid) (HS code 151710)
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Australia margarine export values
In 2019, Australia supplied margarine with a value of 35.49m USD, an increase of 14.25% from 2018's total margarine export of 31.063m USD. The yearly change in value of Australia margarine between 2017 to 2018 was -5.431 pc.
The per year change in the amount of Australia's margarine exports between 2017 and 2019 was 1.77% compared to a variation of 5.751% in the period between 2018 and 2019.
Australia's share of the world's total margarine's exports in 2019 was 1.2 percent. The country is ranked number 21 in world exports of margarine.
Export markets for Australia margarine ( in '000$ )
Australia's best performing export markets for margarine are New Zealand, Fiji, Papua New Guinea, Mauritius and New Caledonia.
Import/Export Trends
Australia is a net exporter of margarine. The annual growth of Australia margarine in value between 2015 to 2019 was 13%, per annum, while annual growth in quantity for the same period was 9%, per annum.
Australia ordered 4,011 tonnes of margarine in 2019.