What is the price of butter per kilogram/pound in Azerbaijan today?
The retail price range for Azerbaijan butter is between US$ 4.37 and US$ 5.89 per kilogram or between US$ 1.98 and US$ 2.67 per pound(lb). Click here to see today's exact prices of butter in Azerbaijan
The retail price range in Azerbaijan Manat for butter is between AZN 7.43 and AZN 10.02 per kilogram or between AZN 3.37 and AZN 4.54 per pound(lb) in Baku and Ganja.
Wholesale prices
In 2024, the approximate wholesale price range for Azerbaijan butter is between US$ 3.06 and US$ 4.13 per kilogram or between US$ 1.39 and US$ 1.87 per pound(lb).
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Azerbaijan Butter Export Prices - Historical, Trends and Prediction
The export price per kilogram of Butter from Azerbaijan over the last five years has been steadily increasing. In 2017, the price was 4.22 US $ per kg, and in 2021 it had risen to 5.03 US $ per kg. This represents an increase of 19.3% over the five year period. The highest price was in 2020, when it reached 4.91 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Butter from Azerbaijan in 2023 will be 5.45 US $ per kg, and in 2024 it will be 5.90 US $ per kg.Azerbaijan Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Butter into Azerbaijan has seen a steady increase over the last five years. In 2017, the price was 4.22 US dollars per kg, and in 2021, it had risen to 5.03 US dollars per kg. This represents an increase of 19.3% over the five-year period. The highest price was recorded in 2019, when it reached 4.91 US dollars per kg. The lowest price was recorded in 2015, when it was 2.03 US dollars per kg. Based on the current trend, it is likely that the price of Butter in Azerbaijan will continue to increase in the coming years, with an estimated price of 5.25 US dollars per kg in 2023 and 5.48 US dollars per kg in 2024.Export values for Azerbaijan butter
The total values in export for butter in Azerbaijan were US$ 601, US$ 2,487, US$ 1,008 and US$ 7,719 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Azerbaijan: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of butter in other countries across Asia: Kazakhstan butter, Kyrgyzstan butter, Tajikistan butter, Turkmenistan butter, Uzbekistan butter, China butter, Hong Kong butter, Macao butter, North Korea butter & Mongolia butter.
Azerbaijan butter - Production, Exports, Imports, Seasons and HS Codes
In 2019 Azerbaijan exported 1,573 tonnes of butter. For the year 2019 alone, the market for Azerbaijan butter (processed category) has increased, changing by 572.222 pc compared to the year 2018. Between 2017 and 2019, butter's exports went up by 166.61 pc netting the nation US$7.72m for the year 2019. Azerbaijan's butter exports are categorised as:
- Fats and oils derived from milk, and dehydrated butter and ghee (excluding natural butter, recombined butter and whey butter) (HS code 040590)
- Butter (excluding dehydrated butter and ghee) (HS code 040510)
- Dairy spreads of a fat content, by weight, of >= 39% but < 80% (HS code 040520)
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Azerbaijan butter export values
In 2019, Azerbaijan shipped butter costing 7.72m USD, an increase of 665.87% from 2018's total butter export of 1.008m USD. The yearly increase in value of Azerbaijan butter between 2017 to 2018 was -59.469 per cent.
The annual/yearly change in the amount of Azerbaijan's butter exports between 2017 and 2019 was 166.61 per cent in comparison to a variation of 572.222% in the period between 2018 and 2019.
Export markets for Azerbaijan butter ( in '000$ )
Azerbaijan bought 14,032 tonnes of butter in 2019.