What is the price of butter per kilogram/pound in Canada today?
The retail price range for Canada butter is between US$ 4.09 and US$ 11.41 per kilogram or between US$ 1.85 and US$ 5.17 per pound(lb). Click here to see today's exact prices of butter in Canada
The retail price range in Canadian Dollar for butter is between CAD 5.52 and CAD 15.40 per kilogram or between CAD 2.50 and CAD 6.98 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada butter is between US$ 2.86 and US$ 7.99 per kilogram or between US$ 1.30 and US$ 3.62 per pound(lb).
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Canada Butter Export Prices - Historical, Trends and Prediction
The export price per kilogram of Butter from Canada over the last five years has seen a steady decline. In 2017, the price was 3.76 US $ per kg, which dropped to 3.49 US $ per kg in 2015. In 2016, the price rose slightly to 3.63 US $ per kg, before dropping again to 3.11 US $ per kg in 2013. In 2014, the price rose to 3.7 US $ per kg, before increasing to 4.22 US $ per kg in 2018. The highest price was recorded in 2019, at 5.6 US $ per kg, before dropping to 3.65 US $ per kg in 2020. The price then rose to 3.96 US $ per kg in 2021, before dropping to 3.72 US $ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Butter from Canada in 2023 will be 3.50 US $ per kg, and in 2024 will be 3.25 US $ per kg.Canada Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Butter into Canada over the last five years has been quite volatile. In 2016, the price was $3.63, which increased to $3.76 in 2017. However, in 2018, the price jumped to $4.22, before dropping to $3.65 in 2020. The price then rose again to $3.96 in 2021 and dropped to $3.72 in 2022. Looking ahead, we can predict that the import price per kilogram of Butter into Canada will remain relatively stable in 2023, at around $3.72. In 2024, we can expect the price to increase slightly, to around $3.80.Export values for Canada butter
The total values in export for butter in Canada were US$ 4,039, US$ 4,446, US$ 8,622 and US$ 9,011 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Canada: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of butter in other countries across North America: Canada butter, US butter, Anguilla butter, Antigua and Barbuda butter, Bermuda butter, Bonaire, Sint Eustatius and Saba butter, St.Pierre and Miquelon butter, United States Minor Outlying Islands butter, Cayman Islands butter & Greenland butter.
Canada butter - Production, Exports, Imports, Seasons and HS Codes
The volume of butter sold by Canada in 2020 was 4,121 tonnes. In 2019 Canada exported 1,610 tonnes of butter. In 2019 alone, the market for Canada butter (processed category) has gone down, flactuating by -21.233 % compared to the year 2018. Between 2017 and 2019, butter's exports increased by 36.09% bringing the nation US$9.01m for the year 2019. Canada's butter exports are classified as:
- Fats and oils derived from milk, and dehydrated butter and ghee (excluding natural butter, recombined butter and whey butter) (HS code 040590)
- Butter (excluding dehydrated butter and ghee) (HS code 040510)
- Dairy spreads of a fat content, by weight, of >= 39% but < 80% (HS code 040520)
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Canada butter export values
In 2019, Canada exported butter worth 9.01m USD, a surge of 4.50% from 2018's total butter export of 8.622m USD. The yearly growth in value of Canada butter between 2017 to 2018 was 93.927%.
The per year change in the volume of Canada's butter exports between 2017 and 2019 was 36.09 percent in comparison to a variation of -21.233% in the period between 2018 and 2019.
Canada's portion of the world's total butter's exports in 2019 was less than 1%. Canada holds number 19 in world exports of butter.
Export markets for Canada butter ( in '000$ )
Import/Export Trends
Canada is a net importer of butter. The annual growth of Canada butter in value between 2015 to 2019 was -26%, per year, while annual growth in quantity through the same period was -22%, per annum.
Canada imported 23,835 tonnes of butter in 2019.