What is the price of butter per kilogram/pound in Dominican Republic today?
The retail price range for Dominican Republic butter is between US$ 8.04 and US$ 24.56 per kilogram or between US$ 3.65 and US$ 11.14 per pound(lb). Click here to see today's exact prices of butter in Dominican Republic
The retail price range in Dominican peso for butter is between DOP 438.77 and DOP 1,339.69 per kilogram or between DOP 198.99 and DOP 607.57 per pound(lb) in Santo Domingo and Santiago de los Caballeros.
Wholesale prices
In 2024, the approximate wholesale price range for Dominican Republic butter is between US$ 5.63 and US$ 17.19 per kilogram or between US$ 2.55 and US$ 7.80 per pound(lb).
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Dominican Republic Butter Export Prices - Historical, Trends and Prediction
The export price of butter from Dominican Republic over the last five years has been quite varied. In 2017, the price per kilogram was 4.82 US dollars, which was the highest in the period. This was followed by a decrease in 2018 to 2.10 US dollars. In 2019, the price rose to 2.43 US dollars, before dropping again to 1.78 US dollars in 2020. 2021 saw a significant increase to 3.56 US dollars. Based on this trend, it is likely that the export price of butter from Dominican Republic will be around 3.50 US dollars in 2023 and 3.60 US dollars in 2024.Dominican Republic Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Butter into Dominican Republic over the last five years has been quite varied. In 2016, the price was at its highest at $3.82, before dropping to $2.10 in 2018. The price then rose again to $2.43 in 2019, before dropping to its lowest point of $1.78 in 2020. 2021 saw a significant increase in the price, with it reaching $3.56. Looking ahead, it is likely that the price of Butter will remain relatively stable, with a slight increase in 2023 to $3.70, and a further increase to $3.90 in 2024.Export values for Dominican Republic butter
The total values in export for butter in the Dominican Republic were US$ 1,257, US$ 1,644, US$ 1,001 and US$ 1,517 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Dominican Republic: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of butter in other countries across Caribbean: Aruba butter, Bahamas butter, Barbados butter, Cuba butter, Dominican Republic butter, Grenada butter, Guadeloupe butter, Haiti butter, Jamaica butter & Martinique butter.
Dominican Republic butter - Production, Exports, Imports, Seasons and HS Codes
In 2019 The Dominican Republic exported 625 tonnes of butter. For the year 2019 alone, the market for the Dominican Republic butter (processed category) has surged, recording a change of 31.027 per cent compared to the year 2018. Between 2017 and 2019, butter's exports increased by 83.28% netting the country US$1.52m for the year 2019. the Dominican Republic's butter exports are classified as:
- Butter (excluding dehydrated butter and ghee) (HS code 040510)
- Fats and oils derived from milk, and dehydrated butter and ghee (excluding natural butter, recombined butter and whey butter) (HS code 040590)
- Dairy spreads of a fat content, by weight, of >= 39% but < 80% (HS code 040520)
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Dominican Republic butter export values
In 2019, the Dominican Republic supplied butter worth 1.52m USD, a surge of 51.85% from 2018's total butter export of 1.001m USD. The annual increase in value of the Dominican Republic butter between 2017 to 2018 was -39.112 percent.
The annual/yearly variation in the amount of the Dominican Republic's butter exports between 2017 and 2019 was 83.28% compared to a variation of 31.027% in the period between 2018 and 2019.
Export markets for Dominican Republic butter ( in '000$ )
the Dominican Republic ordered 1,414 tonnes of butter in 2019.