What is the price of butter per kilogram/pound in India today?
The retail price range for India butter is between US$ 1.77 and US$ 4.83 per kilogram or between US$ 0.80 and US$ 2.19 per pound(lb). Click here to see today's exact prices of butter in India
The retail price range in Indian Rupee for butter is between INR 146.38 and INR 399.96 per kilogram or between INR 66.39 and INR 181.39 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India butter is between US$ 1.24 and US$ 3.38 per kilogram or between US$ 0.56 and US$ 1.53 per pound(lb).
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India Butter Export Prices - Historical, Trends and Prediction
The export price per kilogram of Butter from India over the last five years has seen a steady increase. In 2016, the price was 6.00 US dollars per kg, followed by 6.01 US dollars per kg in 2017. In 2018, the price dropped to 5.04 US dollars per kg, before increasing again to 6.07 US dollars per kg in 2020. The most recent data shows the price at 5.62 US dollars per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Butter from India will be 6.17 US dollars per kg in 2023 and 6.27 US dollars per kg in 2024.India Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Butter into India has seen a steady increase over the last five years. In 2016, the price was $6.00, followed by $6.01 in 2017. In 2018, the price dropped to $5.04, before increasing again to $4.34 in 2019. The price then rose to $6.07 in 2020 and $5.62 in 2021. Looking ahead, it is likely that the import price per kilogram of Butter into India will remain relatively stable in the next two years. We predict that the price will be $5.62 in 2023 and $5.63 in 2024.Export values for India butter
The total values in export for butter in India were US$ 44,817, US$ 81,339, US$ 149,076 and US$ 189,444 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in India: 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.
India butter - Production, Exports, Imports, Seasons and HS Codes
In 2019 India sold 43,616 tonnes of butter. Through 2019 alone, the interest in India butter (processed category) has surged, recording a change of 47.451 per cent compared to the year 2018. Between 2017 and 2019, butter's exports increased by 222.22 percent bringing the nation US$189.44m for the year 2019. India's butter exports are categorised as:
- Butter (excluding dehydrated butter and ghee) (HS code 040510)
- Fats and oils derived from milk, and dehydrated butter and ghee (excluding natural butter, recombined butter and whey butter) (HS code 040590)
- Dairy spreads of a fat content, by weight, of >= 39% but < 80% (HS code 040520)
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India butter export values
In 2019, India shipped butter worth 189.44m USD, an improvement of 27.08% from 2018's total butter export of 149.076m USD. The yearly change in value of India butter between 2017 to 2018 was 83.277 per cent.
The annual/yearly change in the quantity of India's butter exports between 2017 and 2019 was 222.22% in comparison to a variation of 47.451% in the period between 2018 and 2019.
Export markets for India butter ( in '000$ )
India brought in 43,616 tonnes of butter in 2019.