What is the price of butter per kilogram/pound in Mali today?
The retail price range for Mali butter is between US$ 4.89 and US$ 14.67 per kilogram or between US$ 2.22 and US$ 6.65 per pound(lb). Click here to see today's exact prices of butter in Mali
The retail price range in CFA Franc BCEAO for butter is between XOF 2,980.79 and XOF 8,942.38 per kilogram or between XOF 1,351.83 and XOF 4,055.50 per pound(lb) in Bamako and Sikasso.
Wholesale prices
In 2024, the approximate wholesale price range for Mali butter is between US$ 3.42 and US$ 10.27 per kilogram or between US$ 1.55 and US$ 4.66 per pound(lb).
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Mali Butter Export Prices - Historical, Trends and Prediction
The export price of butter from Mali has seen a significant increase over the past five years. In 2017, the price per kilogram was 1.20 US dollars, which rose to 8.00 US dollars in 2018. In 2019, the price dropped to 1.46 US dollars. Based on this trend, it is likely that the export price of butter from Mali will continue to fluctuate in the coming years. Predicted prices for 2023 and 2024 are 4.73 US dollars and 6.35 US dollars respectively.Mali Butter Import Prices - Historical, Trends and Prediction
The import price of butter into Mali over the last five years has been quite volatile. In 2017, the price per kilogram was 1.20 US dollars, which then rose to 8.00 US dollars in 2018. This was followed by a sharp decline in 2019, when the price dropped to 1.46 US dollars. Looking ahead, it is likely that the price of butter will remain relatively stable in the coming years. Predicted prices for 2023 and 2024 are 1.50 US dollars and 1.60 US dollars respectively.Export values for Mali butter
The total values in export for butter in Mali were US$ 12, US$ 48 and US$ 51 in US dollar thousand for the years 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Mali: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of butter in other countries across Africa: Algeria butter, Angola butter, Botswana butter, Burundi butter, Cameroon butter, Cape Verde butter, Central African Republic butter, Comoros butter, DRC Congo butter & Benin butter.
Mali butter - Production, Exports, Imports, Seasons and HS Codes
In 2019 Mali sold 28 tonnes of butter. Through 2019 alone, the market for Mali butter (processed category) has increased, changing by 833.333 % compared to the year 2018. Between 2017 and 2019, butter's exports increased by 460% earning the country US$0.05m for the year 2019. Mali's butter exports are categorised as:
- Fats and oils derived from milk, and dehydrated butter and ghee (excluding natural butter, recombined butter and whey butter) (HS code 040590)
- Dairy spreads of a fat content, by weight, of >= 39% but < 80% (HS code 040520)
- Butter (excluding dehydrated butter and ghee) (HS code 040510)
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Mali butter export values
In 2019, Mali supplied butter costing 0.05m USD, a surge of 4.17% from 2018's total butter export of 0.048m USD. The annual growth in value of Mali butter between 2017 to 2018 was 300 pc.
The annual/yearly variation in the volume of Mali's butter exports between 2017 and 2019 was 460 pc compared to a variation of 833.333% in the period between 2018 and 2019.
Export markets for Mali butter ( in '000$ )
Mali brought in 398 tonnes of butter in 2019.