What is the price of butter per kilogram/pound in Georgia today?
The retail price range for Georgia butter is between US$ 8.81 and US$ 14.69 per kilogram or between US$ 3.99 and US$ 6.66 per pound(lb). Click here to see today's exact prices of butter in Georgia
The retail price range in Lari for butter is between GEL 22.32 and GEL 37.22 per kilogram or between GEL 10.12 and GEL 16.88 per pound(lb) in Tbilisi and Batumi.
Wholesale prices
In 2024, the approximate wholesale price range for Georgia butter is between US$ 6.17 and US$ 10.28 per kilogram or between US$ 2.80 and US$ 4.66 per pound(lb).
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Georgia Butter Export Prices - Historical, Trends and Prediction
The export price per kilogram of Butter from Georgia over the last five years has been relatively stable. In 2017, the price was 4.23 US $ per kg, followed by 3.79 US $ per kg in 2018. In 2019, the price increased to 4.28 US $ per kg and further increased to 4.44 US $ per kg in 2020. The highest price was recorded in 2021, at 5.23 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Butter from Georgia in 2023 will be around 5.50 US $ per kg and in 2024 will be around 5.75 US $ per kg.Georgia Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Butter into Georgia over the last five years has been quite varied. In 2016, the price was $3.90, followed by a decrease to $3.79 in 2018. In 2019, the price increased to $4.28, and then rose again to $4.44 in 2020. The highest price was recorded in 2021, at $5.23 per kilogram. This represents an increase of over 30% from the price in 2016. Looking ahead, it is likely that the import price of Butter into Georgia will remain relatively high, with an estimated price of $5.45 in 2023 and $5.68 in 2024.Export values for Georgia butter
The total values in export for butter in Georgia were US$ 441, US$ 474, US$ 413 and US$ 655 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Georgia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of butter in other countries across Europe: Georgia butter, Albania butter, Belarus butter, Bosnia and Herzegovina butter, Bulgaria butter, Croatia butter, Czech Republic butter, Estonia butter, Greece butter & Hungary butter.
Georgia butter - Production, Exports, Imports, Seasons and HS Codes
The volume of butter sold by Georgia in 2020 was 96 metric tonnes. In 2019 Georgia sold 153 tonnes of butter. For the year 2019 alone, the market for Georgia butter (processed category) has increased, with a change of 40.367 pc compared to the year 2018. Between 2017 and 2019, butter's exports went up by 36.61 percent bringing the country US$0.66m for the year 2019. Georgia's butter exports are classified as:
- Fats and oils derived from milk, and dehydrated butter and ghee (excluding natural butter, recombined butter and whey butter) (HS code 040590)
- Dairy spreads of a fat content, by weight, of >= 39% but < 80% (HS code 040520)
- Butter (excluding dehydrated butter and ghee) (HS code 040510)
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Georgia butter export values
In 2019, Georgia shipped butter costing 0.66m USD, an increase of 59.81% from 2018's total butter export of 0.413m USD. The annual change in value of Georgia butter between 2017 to 2018 was -12.869 per cent.
The per year change in the quantity of Georgia's butter exports between 2017 and 2019 was 36.61 per cent compared to a variation of 40.367% in the period between 2018 and 2019.
Export markets for Georgia butter ( in '000$ )
Georgia ordered 4,547 tonnes of butter in 2019.