What is the price of butter per kilogram/pound in Ethiopia today?
The retail price range for Ethiopia butter is between US$ 7.82 and US$ 15.63 per kilogram or between US$ 3.55 and US$ 7.09 per pound(lb). Click here to see today's exact prices of butter in Ethiopia
The retail price range in Ethiopian Birr for butter is between ETB 424.13 and ETB 848.27 per kilogram or between ETB 192.35 and ETB 384.70 per pound(lb) in Addis Ababa and Dire Dawa.
Wholesale prices
In 2024, the approximate wholesale price range for Ethiopia butter is between US$ 5.47 and US$ 10.94 per kilogram or between US$ 2.48 and US$ 4.96 per pound(lb).
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Ethiopia Butter Export Prices - Historical, Trends and Prediction
The export price of Butter from Ethiopia over the last five years has been quite volatile. In 2016, the price per kilogram was 5.75 US dollars, which was the highest in the five year period. This was followed by a sharp decline in 2017 to 5.12 US dollars. In 2018, the price increased slightly to 5.83 US dollars, before dropping to 4.67 US dollars in 2019. The price then increased again in 2020 to 5.8 US dollars, before reaching 8.0 US dollars in 2021. Based on this trend, it is likely that the export price of Butter from Ethiopia in 2023 will be around 6.50 US dollars per kilogram, and in 2024 it will be around 7.25 US dollars per kilogram.Ethiopia Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Butter into Ethiopia over the last five years has been relatively stable. In 2016, the price was $5.75, followed by $5.12 in 2017, $5.83 in 2018, $4.67 in 2019 and $5.80 in 2020. This indicates that the price has been fluctuating between $5.12 and $5.83 over the last five years. Looking ahead, it is likely that the price of Butter will remain in the same range in the coming years. We can predict that the price of Butter in 2023 will be around $5.75 and in 2024 it will be around $5.83.Export values for Ethiopia butter
The total values in export for butter in Ethiopia were US$ 92, US$ 87 and US$ 37 in US dollar thousand for the years 2016, 2017 and 2018 in that order.
Prices of other produce in the Processed category in Ethiopia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of butter in other countries across Africa: Algeria butter, Angola butter, Botswana butter, Burundi butter, Cameroon butter, Cape Verde butter, Central African Republic butter, Comoros butter, DRC Congo butter & Benin butter.
Ethiopia butter - Production, Exports, Imports, Seasons and HS Codes
In 2019 Ethiopia exported 0 tonnes of butter. In 2019 alone, the market for Ethiopia butter (processed category) has , flactuating by % compared to the year 2018. Between 2017 and 2019, butter's exports reduced by -100 percent bringing the exporter US$0.00m for the year 2019. Ethiopia's butter exports are classified as:
- Dairy spreads of a fat content, by weight, of >= 39% but < 80% (HS code 040520)
- Butter (excluding dehydrated butter and ghee) (HS code 040510)
- Fats and oils derived from milk, and dehydrated butter and ghee (excluding natural butter, recombined butter and whey butter) (HS code 040590)
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Ethiopia butter export values
In 2019, Ethiopia shipped butter valued at 0.00m USD, a contraction of -100.00% from 2018's total butter export of 0.037m USD. The yearly change in value of Ethiopia butter between 2017 to 2018 was -57.471 percent.
The annual/yearly change in the amount of Ethiopia's butter exports between 2017 and 2019 was -100 pc between 2018 and 2019.
Export markets for Ethiopia butter ( in '000$ )
Ethiopia imported 183 tonnes of butter in 2019.