What is the price of margarine per kilogram/pound in Lebanon today?
The retail price range for Lebanon margarine is between US$ 4.37 and US$ 5.58 per kilogram or between US$ 1.98 and US$ 2.53 per pound(lb). Click here to see today's exact prices of margarine in Lebanon
The retail price range in Lebanese Pound for margarine is between LBP 66,218.18 and LBP 84,612.12 per kilogram or between LBP 30,030.92 and LBP 38,372.84 per pound(lb) in Beirut and Sidon.
Wholesale prices
In 2024, the approximate wholesale price range for Lebanon margarine is between US$ 3.06 and US$ 3.91 per kilogram or between US$ 1.39 and US$ 1.77 per pound(lb).
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Lebanon Margarine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Margarine from Lebanon over the last five years has been quite varied. In 2016, the price was 1.00 US$ per kg, followed by a sharp drop to 0.81 US$ per kg in 2017. In 2018, the price rose to 1.60 US$ per kg, before dropping again to 1.00 US$ per kg in 2020. The most recent data shows a price of 0.33 US$ per kg in 2021. Based on this data, it is likely that the export price of Margarine from Lebanon will remain relatively low in the next two years, with a predicted price of 0.30 US$ per kg in 2023 and 0.25 US$ per kg in 2024.The exports of margarine from Lebanon are classified as:
- Margarine (excluding liquid) (HS code 151710)
Lebanon Margarine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Margarine into Lebanon over the last five years has been quite volatile. In 2017, the price was at its lowest at 0.81 US $ per kg, before increasing to 1.6 US $ per kg in 2018. This was followed by a sharp drop to 1.0 US $ per kg in 2020. The current price is 0.33 US $ per kg. Looking ahead, it is likely that the price of Margarine will remain relatively stable in the next two years. We predict that the price of Margarine in 2023 will be 0.50 US $ per kg and in 2024 it will be 0.60 US $ per kg.Export values for Lebanon margarine
The total values in export for margarine in Lebanon were US$ 3, US$ 13, US$ 8 and US$ 5 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, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of margarine in other countries across Middle East: Bahrain margarine, Cyprus margarine, Iraq margarine, Israel margarine, Jordan margarine, Kuwait margarine, Lebanon margarine, Palestine margarine, Oman margarine & Qatar margarine.
Lebanon margarine - Production, Exports, Imports, Seasons and HS Codes
In 2019 Lebanon sold 1 tonnes of margarine. For 2019 alone, the interest in Lebanon margarine (processed category) has decreased, recording a change of -80 per cent compared to the year 2018. Between 2017 and 2019, margarine's exports went down by -93.75 pc netting Lebanon US$0.00m for the year 2019. Lebanon's margarine exports are categorised as:
- Margarine (excluding liquid) (HS code 151710)
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Lebanon margarine export values
In 2019, Lebanon shipped margarine valued at 0.00m USD, a reduction of -100.00% from 2018's total margarine export of 0.008m USD. The annual change in value of Lebanon margarine between 2017 to 2018 was -38.462 pc.
The yearly change in the quantity of Lebanon's margarine exports between 2017 and 2019 was -93.75 pc when compared to a variation of -80% in the growth rate between 2018 and 2019.
Lebanon's portion of the world's total margarine's exports in 2019 was less than 1%. The country holds position 92 in world exports of margarine.
Export markets for Lebanon margarine ( in '000$ )
Lebanon's leading destinations for margarine are Benin, DRC Congo, Ivory Coast (Côte d'Ivoire
), Belgium and Morocco.
Import/Export Trends
Lebanon is a net importer of margarine. The annual growth of Lebanon margarine in value between 2015 to 2019 was 6%, per year, while annual growth in quantity for the same period was -2%, per annum.
Lebanon ordered 3,263 tonnes of margarine in 2019.