What is the price of butter per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong butter is between US$ 6.52 and US$ 6.77 per kilogram or between US$ 2.96 and US$ 3.07 per pound(lb). Click here to see today's exact prices of butter in Hong Kong
The retail price range in Hong Kong Dollar for butter is between HKD 50.99 and HKD 52.92 per kilogram or between HKD 23.12 and HKD 24.00 per pound(lb) in Kowloon and Tsuen Wan.
Wholesale prices
In 2024, the approximate wholesale price range for Hong Kong butter is between US$ 4.57 and US$ 4.74 per kilogram or between US$ 2.07 and US$ 2.15 per pound(lb).
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Hong Kong Butter Export Prices - Historical, Trends and Prediction
The export price of butter from Hong Kong has seen a steady increase over the past five years. In 2018, the export price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021 it further increased to $2.90. This year, the export price per kilogram of butter from Hong Kong is $3.05. This represents an increase of 24.5% from 2018 to 2021. Based on this trend, it is likely that the export price per kilogram of butter from Hong Kong will continue to increase in the next two years, reaching approximately $3.20 in 2023 and $3.35 in 2024.Hong Kong Butter Import Prices - Historical, Trends and Prediction
The import price of butter into Hong Kong has seen a steady increase over the past five years. In 2018, the import price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021 it further increased to $2.90. The most recent data shows that the import price per kilogram of butter into Hong Kong was $3.05 in 2022. Overall, the import price of butter into Hong Kong has increased by 24.5% over the past five years. This trend is likely to continue in the coming years, and it is predicted that the import price per kilogram of butter into Hong Kong will be $3.20 in 2023 and $3.35 in 2024.Export values for Hong Kong butter
The total values in export for butter in Hong Kong were US$ 6,680, US$ 6,245, US$ 6,294 and US$ 7,035 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Hong Kong: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of butter in other countries across Asia: Kazakhstan butter, Kyrgyzstan butter, Tajikistan butter, Turkmenistan butter, Uzbekistan butter, China butter, Hong Kong butter, Macao butter, North Korea butter & Mongolia butter.
Hong Kong butter - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong sold 1,065 tonnes of butter. Across 2019 alone, the interest in Hong Kong butter (processed category) has climbed, with a change of 16.013 per cent compared to the year 2018. Between 2017 and 2019, butter's exports grew by 11.52 percent earning the nation US$7.04m for the year 2019. Hong Kong's butter exports are classified as:
- Dairy spreads of a fat content, by weight, of >= 39% but < 80% (HS code 040520)
- Butter (excluding dehydrated butter and ghee) (HS code 040510)
- Fats and oils derived from milk, and dehydrated butter and ghee (excluding natural butter, recombined butter and whey butter) (HS code 040590)
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Hong Kong butter export values
In 2019, Hong Kong supplied butter with a value of 7.04m USD, an increment of 11.85% from 2018's total butter export of 6.294m USD. The annual change in value of Hong Kong butter between 2017 to 2018 was 0.7846277 per cent.
The per year variation in the quantity of Hong Kong's butter exports between 2017 and 2019 was 11.52 pc compared to a variation of 16.013% in the period between 2018 and 2019.
Export markets for Hong Kong butter ( in '000$ )
Hong Kong purchased 11,208 tonnes of butter in 2019.