What is the price of butter per kilogram/pound in Lebanon today?
The retail price range for Lebanon butter is between US$ 4.87 and US$ 7.79 per kilogram or between US$ 2.21 and US$ 3.53 per pound(lb). Click here to see today's exact prices of butter in Lebanon
The retail price range in Lebanese Pound for butter is between LBP 73,803.03 and LBP 118,084.85 per kilogram or between LBP 33,470.76 and LBP 53,553.22 per pound(lb) in Beirut and Sidon.
Wholesale prices
In 2024, the approximate wholesale price range for Lebanon butter is between US$ 3.41 and US$ 5.46 per kilogram or between US$ 1.55 and US$ 2.47 per pound(lb).
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Lebanon Butter Export Prices - Historical, Trends and Prediction
The export price of butter from Lebanon over the last five years has been quite volatile. In 2016, the price per kilogram was 4.97 US dollars, which was the highest in the five-year period. This was followed by a decrease in 2017 to 4.59 US dollars. In 2018, the price per kilogram increased to 6.55 US dollars, and then further increased to 8.38 US dollars in 2019. However, in 2020, the price per kilogram dropped to 4.6 US dollars. The price per kilogram then increased again to 8.0 US dollars in 2021. Based on this trend, it is predicted that the price per kilogram of butter from Lebanon in 2023 will be around 8.50 US dollars and in 2024 will be around 9.00 US dollars.Lebanon Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Butter into Lebanon over the last five years has been quite volatile. In 2016, the price was 4.97 US dollars per kg, which was the highest in the five year period. This was followed by a decrease in 2017 to 4.59 US dollars per kg. In 2018, the price increased to 6.55 US dollars per kg, before reaching a peak of 8.38 US dollars per kg in 2019. In 2020, the price dropped to 4.6 US dollars per kg, before increasing again to 8.0 US dollars per kg in 2021. Based on the current trend, it is likely that the import price per kilogram of Butter into Lebanon will continue to increase in the next two years. We predict that the price will reach 8.50 US dollars per kg in 2023 and 8.75 US dollars per kg in 2024.Export values for Lebanon butter
The total values in export for butter in Lebanon were US$ 164, US$ 147, US$ 72 and US$ 67 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Lebanon: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of butter in other countries across Middle East: Bahrain butter, Cyprus butter, Iraq butter, Israel butter, Jordan butter, Kuwait butter, Lebanon butter, Palestine butter, Oman butter & Qatar butter.
Lebanon butter - Production, Exports, Imports, Seasons and HS Codes
In 2019 Lebanon sold 8 tonnes of butter. For 2019 alone, the interest in Lebanon butter (processed category) has reduced, recording a change of -27.273 percent compared to the year 2018. Between 2017 and 2019, butter's exports decreased by -75 pc earning the nation US$0.07m for the year 2019. Lebanon's butter exports are classified as:
- Fats and oils derived from milk, and dehydrated butter and ghee (excluding natural butter, recombined butter and whey butter) (HS code 040590)
- Butter (excluding dehydrated butter and ghee) (HS code 040510)
- Dairy spreads of a fat content, by weight, of >= 39% but < 80% (HS code 040520)
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Lebanon butter export values
In 2019, Lebanon supplied butter valued at 0.07m USD, a decrease of -2.78% from 2018's total butter export of 0.072m USD. The yearly change in value of Lebanon butter between 2017 to 2018 was -51.02 percent.
The annual/yearly variation in the amount of Lebanon's butter exports between 2017 and 2019 was -75 pc compared to a variation of -27.273% in the period between 2018 and 2019.
Export markets for Lebanon butter ( in '000$ )
Lebanon procured 5,871 tonnes of butter in 2019.