What is the price of butter per kilogram/pound in Norway today?
The retail price range for Norway butter is between US$ 9.36 and US$ 11.36 per kilogram or between US$ 4.24 and US$ 5.15 per pound(lb). Click here to see today's exact prices of butter in Norway
The retail price range in Norwegian Krone for butter is between NOK 102.48 and NOK 124.40 per kilogram or between NOK 46.48 and NOK 56.42 per pound(lb) in Oslo and Bergen.
Wholesale prices
In 2024, the approximate wholesale price range for Norway butter is between US$ 6.55 and US$ 7.95 per kilogram or between US$ 2.97 and US$ 3.61 per pound(lb).
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Norway Butter Export Prices - Historical, Trends and Prediction
The export price per kilogram of Butter from Norway over the last five years has seen a significant decrease. In 2012, the price was 13.00 US dollars per kg, but by 2021, it had dropped to 0.53 US dollars per kg. The lowest price was seen in 2021, when the price was 0.53 US dollars per kg. However, in 2022, the price rose to 5747.00 US dollars per kg, before dropping back to 0.00 US dollars per kg in the same year. Looking ahead, it is likely that the export price per kilogram of Butter from Norway will remain low in 2023 and 2024.Norway Butter Import Prices - Historical, Trends and Prediction
Export values for Norway butter
The total values in export for butter in Norway were US$ 2,747, US$ 1,058, US$ 108 and US$ 143 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Norway: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of butter in other countries across Europe: Georgia butter, Albania butter, Belarus butter, Bosnia and Herzegovina butter, Bulgaria butter, Croatia butter, Czech Republic butter, Estonia butter, Greece butter & Hungary butter.
Norway butter - Production, Exports, Imports, Seasons and HS Codes
The volume of butter shipped by Norway in 2020 was 19 metric tonnes. In 2019 Norway sold 12 tonnes of butter. For the year 2019 alone, the market for Norway butter (processed category) has escalated, flactuating by 9.091 per cent compared to the year 2018. Between 2017 and 2019, butter's exports went down by -93.85 percent netting Norway US$0.14m for the year 2019. Norway's butter exports are classified as:
- Fats and oils derived from milk, and dehydrated butter and ghee (excluding natural butter, recombined butter and whey butter) (HS code 040590)
- Dairy spreads of a fat content, by weight, of >= 39% but < 80% (HS code 040520)
- Butter (excluding dehydrated butter and ghee) (HS code 040510)
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Norway butter export values
In 2019, Norway supplied butter with a value of 0.14m USD, a growth of 29.63% from 2018's total butter export of 0.108m USD. The yearly change in value of Norway butter between 2017 to 2018 was -89.792 percent.
The annual/yearly change in the quantity of Norway's butter exports between 2017 and 2019 was -93.85 pc in comparison to a variation of 9.091% in the period between 2018 and 2019.
Norway's share of the world's total butter's exports in 2019 was less than 1%. The country holds position 35 in world exports of butter.
Export markets for Norway butter ( in '000$ )
Import/Export Trends
Norway is a net importer of butter. The annual growth of Norway butter in value between 2015 to 2019 was 151%, per year, while annual growth in quantity through the same period was %, per annum.
Norway bought 367 tonnes of butter in 2019.