What is the price of butter per kilogram/pound in Saudi Arabia today?
The retail price range for Saudi Arabia butter is between US$ 4.99 and US$ 5.15 per kilogram or between US$ 2.26 and US$ 2.34 per pound(lb). Click here to see today's exact prices of butter in Saudi Arabia
The retail price range in Saudi Riyal for butter is between SAR 18.70 and SAR 19.33 per kilogram or between SAR 8.48 and SAR 8.76 per pound(lb) in Riyadh and Jeddah.
Wholesale prices
In 2024, the approximate wholesale price range for Saudi Arabia butter is between US$ 3.49 and US$ 3.61 per kilogram or between US$ 1.58 and US$ 1.64 per pound(lb).
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Saudi Arabia Butter Export Prices - Historical, Trends and Prediction
In 2016, the export price was 20.55 per Kg. In 2017, the export price was 34.65 per Kg. In 2018, the export price was 39.62 per Kg. In 2019, the export price was 42.12 per Kg. In 2020, the export price was 40.11 per Kg. For 2021, the export price is estimated to be 50.13 per Kg. For 2023, the export price is predicted to be around 55.00 per Kg.Saudi Arabia Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Butter into Saudi Arabia has been relatively stable over the last five years. In 2016, the price was 4.89 US dollars per kg, and in 2017 it increased slightly to 5.06 US dollars per kg. In 2018, the price dropped to 5.03 US dollars per kg, before increasing again in 2019 to 5.22 US dollars per kg. In 2020, the price rose to 5.32 US dollars per kg, and in 2021 it experienced a significant jump to 8.54 US dollars per kg. Based on this trend, it is likely that the import price per kilogram of Butter into Saudi Arabia will continue to increase in the coming years, with an estimated price of 8.76 US dollars per kg in 2023 and 9.00 US dollars per kg in 2024.Export values for Saudi Arabia butter
The total values in export for butter in Saudi Arabia were US$ 20,325, US$ 30,016, US$ 31,931 and US$ 33,777 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Saudi Arabia: 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.
Saudi Arabia butter - Production, Exports, Imports, Seasons and HS Codes
In 2019 Saudi Arabia exported 6,465 tonnes of butter. In 2019 alone, the interest in Saudi Arabia butter (processed category) has increased, with a change of 1.891 % compared to the year 2018. Between 2017 and 2019, butter's exports went up by 8.99 percent netting the nation US$33.78m for the year 2019. Saudi Arabia's butter exports are classified as:
- Butter (excluding dehydrated butter and ghee) (HS code 040510)
- Dairy spreads of a fat content, by weight, of >= 39% but < 80% (HS code 040520)
- Fats and oils derived from milk, and dehydrated butter and ghee (excluding natural butter, recombined butter and whey butter) (HS code 040590)
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Saudi Arabia butter export values
In 2019, Saudi Arabia shipped butter with a value of 33.78m USD, an increase of 5.79% from 2018's total butter export of 31.931m USD. The yearly growth in value of Saudi Arabia butter between 2017 to 2018 was 6.38 pc.
The annual/yearly variation in the amount of Saudi Arabia's butter exports between 2017 and 2019 was 8.99 per cent when compared to a variation of 1.891% in the growth rate between 2018 and 2019.
Export markets for Saudi Arabia butter ( in '000$ )
Saudi Arabia ordered 43,476 tonnes of butter in 2019.