What is the price of butter per kilogram/pound in Iceland today?
The retail price range for Iceland butter is between US$ 2.82 and US$ 3.87 per kilogram or between US$ 1.28 and US$ 1.75 per pound(lb). Click here to see today's exact prices of butter in Iceland
The retail price range in Iceland Krona for butter is between ISK 394.85 and ISK 541.39 per kilogram or between ISK 179.07 and ISK 245.53 per pound(lb) in Reykjavík and Akureyri.
Wholesale prices
In 2024, the approximate wholesale price range for Iceland butter is between US$ 1.97 and US$ 2.71 per kilogram or between US$ 0.89 and US$ 1.23 per pound(lb).
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Prices of other produce in the Processed category in Iceland: 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.
Iceland butter - Production, Exports, Imports, Seasons and HS Codes
The volume of butter exported by Iceland in 2020 was 235 tonnes. In 2019 Iceland shipped 198 tonnes of butter. In 2019 alone, the market for Iceland butter (processed category) has gone down, flactuating by -49.746 % compared to the year 2018. Between 2017 and 2019, butter's exports went up by 11.86 percent earning the nation US$0.78m for the year 2019. Iceland's butter exports are classified as:
- Dairy spreads of a fat content, by weight, of >= 39% but < 80% (HS code 040520)
- Butter (excluding dehydrated butter and ghee) (HS code 040510)
- Fats and oils derived from milk, and dehydrated butter and ghee (excluding natural butter, recombined butter and whey butter) (HS code 040590)
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Iceland butter export values
In 2019, Iceland sold butter costing 0.78m USD, a decrease of -48.14% from 2018's total butter export of 1.504m USD. The annual reduction in value of Iceland butter between 2017 to 2018 was 142.581 percent.
The annual change in the volume of Iceland's butter exports between 2017 and 2019 was 11.86% compared to a variation of -49.746% in the period between 2018 and 2019.
Iceland's share of the world's total butter's exports in 2019 was less than 1%. The country holds number 38 in world exports of butter.
Export markets for Iceland butter ( in '000$ )
Iceland imported 5 tonnes of butter in 2019.