What is the price of butter per kilogram/pound in Malaysia today?
The retail price range for Malaysia butter is between US$ 3.59 and US$ 4.37 per kilogram or between US$ 1.63 and US$ 1.98 per pound(lb). Click here to see today's exact prices of butter in Malaysia
The retail price range in Malaysian Ringgit for butter is between MYR 16.28 and MYR 19.81 per kilogram or between MYR 7.38 and MYR 8.98 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia butter is between US$ 2.51 and US$ 3.06 per kilogram or between US$ 1.14 and US$ 1.39 per pound(lb).
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Malaysia Butter Export Prices - Historical, Trends and Prediction
In 2014, the export price of Butter from Malaysia was US$ 9.27 per Kg. In 2015, it was US$ 9.44 per Kg. In 2016, it was US$ 10.95 per Kg. In 2017, it was US$ 10.33 per Kg. In 2018, it was US$ 8.15 per Kg. For 2023, the predicted export price of Butter from Malaysia is US$ 8.23 per Kg.Malaysia Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Butter into Malaysia has seen a steady increase over the last five years. In 2017, the price was 4.00 US dollars per kg, and this increased to 4.74 US dollars per kg in 2020. The highest price was recorded in 2021, when the price was 8.26 US dollars per kg. This is a significant increase of over 100% from the price in 2017. Looking ahead, it is likely that the price of Butter will continue to increase in the coming years. Based on the data, we can predict that the price of Butter in 2023 will be around 8.50 US dollars per kg, and in 2024 it will be around 9.00 US dollars per kg.Export values for Malaysia butter
The total values in export for butter in Malaysia were US$ 26,589, US$ 29,849, US$ 30,349 and US$ 24,950 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Malaysia: 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.
Malaysia butter - Production, Exports, Imports, Seasons and HS Codes
The quantity of butter shipped by Malaysia in 2020 was 4,160 metric tonnes. In 2019 Malaysia sold 5,500 tonnes of butter. Through 2019 alone, the interest in Malaysia butter (processed category) has shrunk, changing by -32.349 percent compared to the year 2018. Between 2017 and 2019, butter's exports went down by -27.44 pc earning the country US$24.95m for the year 2019. Malaysia's butter exports are categorised as:
- Fats and oils derived from milk, and dehydrated butter and ghee (excluding natural butter, recombined butter and whey butter) (HS code 040590)
- Dairy spreads of a fat content, by weight, of >= 39% but < 80% (HS code 040520)
- Butter (excluding dehydrated butter and ghee) (HS code 040510)
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Malaysia butter export values
In 2019, Malaysia supplied butter costing 24.95m USD, a reduction of -17.79% from 2018's total butter export of 30.349m USD. The annual change in value of Malaysia butter between 2017 to 2018 was 1.675 percent.
The per year change in the amount of Malaysia's butter exports between 2017 and 2019 was -27.44 pc in comparison to a variation of -32.349% in the period between 2018 and 2019.
Export markets for Malaysia butter ( in '000$ )
Malaysia brought in 19,011 tonnes of butter in 2019.