What is the price of butter per kilogram/pound in Cyprus today?
The retail price range for Cyprus butter is between US$ 2.79 and US$ 5.69 per kilogram or between US$ 1.27 and US$ 2.58 per pound(lb). Click here to see today's exact prices of butter in Cyprus
The retail price range in Euro for butter is between EUR 2.58 and EUR 5.25 per kilogram or between EUR 1.17 and EUR 2.38 per pound(lb) in Nicosia and Larnaca.
Wholesale prices
In 2024, the approximate wholesale price range for Cyprus butter is between US$ 1.96 and US$ 3.98 per kilogram or between US$ 0.89 and US$ 1.81 per pound(lb).
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Cyprus Butter Export Prices - Historical, Trends and Prediction
The export price per kilogram of Butter from Cyprus over the last five years has seen a significant fluctuation. In 2012, the price was 4.33 US dollars per kg, which increased to 4.67 US dollars per kg in 2013. However, in 2016, the price dropped to 2.4 US dollars per kg, before increasing again to 4.67 US dollars per kg in 2017. In 2018, the price rose to 6.00 US dollars per kg, before dropping slightly to 5.60 US dollars per kg in 2019. Based on this data, it is predicted that the export price per kilogram of Butter from Cyprus in 2023 will be around 5.90 US dollars per kg, and in 2024 it will be around 6.20 US dollars per kg.Cyprus Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Butter into Cyprus over the last five years has seen a significant fluctuation. In 2012, the price was 4.33 US dollars per kg, which increased to 4.67 US dollars per kg in 2013. However, in 2016, the price dropped to 2.4 US dollars per kg, before increasing again to 4.67 US dollars per kg in 2017. In 2018, the price rose to 6.00 US dollars per kg, before dropping slightly to 5.60 US dollars per kg in 2019. Based on this data, it is likely that the import price per kilogram of Butter into Cyprus will remain around the 5.60 US dollars per kg mark in the next few years, with a slight increase to 5.70 US dollars per kg in 2023 and 5.80 US dollars per kg in 2024.Export values for Cyprus butter
The total values in export for butter in Cyprus were US$ 12, US$ 14, US$ 30 and US$ 28 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Cyprus: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of butter in other countries across Middle East: Bahrain butter, Cyprus butter, Iraq butter, Israel butter, Jordan butter, Kuwait butter, Lebanon butter, Palestine butter, Oman butter & Qatar butter.
Cyprus butter - Production, Exports, Imports, Seasons and HS Codes
In 2019 Cyprus sold 5 tonnes of butter. In 2019 alone, the market for Cyprus butter (processed category) has been relatively stable, with a change of 0 percent compared to the year 2018. Between 2017 and 2019, butter's exports went up by 66.67 pc bringing the country US$0.03m for the year 2019. Cyprus' butter exports are classified as:
- Fats and oils derived from milk, and dehydrated butter and ghee (excluding natural butter, recombined butter and whey butter) (HS code 040590)
- Dairy spreads of a fat content, by weight, of >= 39% but < 80% (HS code 040520)
- Butter (excluding dehydrated butter and ghee) (HS code 040510)
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Cyprus butter export values
In 2019, Cyprus shipped butter worth 0.03m USD, of 0.00% from 2018's total butter export of 0.03m USD. The annual in value of Cyprus butter between 2017 to 2018 was 114.286%.
The yearly change in the amount of Cyprus' butter exports between 2017 and 2019 was 66.67% when compared to a variation of 0% in the growth rate between 2018 and 2019.
Cyprus' stake of the world's total butter's exports in 2019 was 1.8 percent. The country holds number 13 in world exports of butter.
Export markets for Cyprus butter ( in '000$ )
Import/Export Trends
Cyprus is a net exporter of butter. The annual growth of Cyprus butter in value between 2015 to 2019 was -4%, per year, while annual growth in quantity was -4%, per annum.
Cyprus imported 2,148 tonnes of butter in 2019.