What is the price of margarine per kilogram/pound in India today?
The retail price range for India margarine is between US$ 0.22 and US$ 0.56 per kilogram or between US$ 0.10 and US$ 0.26 per pound(lb). Click here to see today's exact prices of margarine in India
The retail price range in Indian Rupee for margarine is between INR 18.48 and INR 46.59 per kilogram or between INR 8.38 and INR 21.13 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India margarine is between US$ 0.16 and US$ 0.39 per kilogram or between US$ 0.07 and US$ 0.18 per pound(lb).
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India Margarine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Margarine from India over the last five years has seen a steady decline. In 2017, the export price was 1.68 US $ per kg, which dropped to 1.33 US $ per kg in 2016. This trend continued in the following years, with the export price reaching 1.38 US $ per kg in 2014 and 1.17 US $ per kg in 2013. However, the export price has seen an increase in the last two years, with the price reaching 2.07 US $ per kg in 2020 and 3.10 US $ per kg in 2021. Based on this trend, it is predicted that the export price of Margarine from India in 2023 will be around 2.50 US $ per kg and in 2024 it will be around 2.90 US $ per kg.The margarine exports from India are classified as:
- Margarine (excluding liquid) (HS code 151710)
India Margarine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Margarine into India has seen a fluctuating trend over the last five years. In 2012, the price was 2.75 US dollars per kg, which dropped to 2.17 US dollars per kg in 2013. This was followed by a further decrease to 1.38 US dollars per kg in 2014. However, the price rose to 2.2 US dollars per kg in 2015 and then dropped again to 1.33 US dollars per kg in 2016. In 2017, the price increased to 1.68 US dollars per kg and then rose further to 1.96 US dollars per kg in 2018. The price then dropped to 1.78 US dollars per kg in 2019 and increased to 2.07 US dollars per kg in 2020. The latest data shows that the price has risen to 3.1 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Margarine into India will be 3.25 US dollars per kg in 2023 and 3.41 US dollars per kg in 2024.Export values for India margarine
The total values in export for margarine in India were US$ 2,102, US$ 2,621, US$ 485 and US$ 408 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, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
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India margarine - Production, Exports, Imports, Seasons and HS Codes
In 2019 India sold 229 tonnes of margarine. Across 2019 alone, the market for India margarine (processed category) has reduced, flactuating by -7.287 per cent compared to the year 2018. Between 2017 and 2019, margarine's exports went down by -85.34% netting the nation US$0.41m for the year 2019. India's margarine exports are classified as:
- Margarine (excluding liquid) (HS code 151710)
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India margarine export values
In 2019, India supplied margarine valued at 0.41m USD, a decrease of -15.46% from 2018's total margarine export of 0.485m USD. The yearly change in value of India margarine between 2017 to 2018 was -81.496%.
The annual/yearly change in the quantity of India's margarine exports between 2017 and 2019 was -85.34 pc compared to a variation of -7.287% in the period between 2018 and 2019.
Export markets for India margarine ( in '000$ )
India's leading export markets for margarine are Nepal, Bhutan, United Arab Emirates (UAE), Sri Lanka and Bahrain.
India imported 229 tonnes of margarine in 2019.