What is the price of butter per kilogram/pound in South Africa today?
The retail price range for South Africa butter is between US$ 0.99 and US$ 5.94 per kilogram or between US$ 0.45 and US$ 2.69 per pound(lb). Click here to see today's exact prices of butter in South Africa
The retail price range in Rand for butter is between ZAR 19.22 and ZAR 115.35 per kilogram or between ZAR 8.72 and ZAR 52.31 per pound(lb) in Johannesburg and Cape Town.
Wholesale prices
In 2024, the approximate wholesale price range for South Africa butter is between US$ 0.69 and US$ 4.16 per kilogram or between US$ 0.31 and US$ 1.88 per pound(lb).
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South Africa Butter Export Prices - Historical, Trends and Prediction
The export price per kilogram of Butter from South Africa over the last five years has been quite volatile. In 2017, the price was 3.73 US$ per kg, which was the highest in the period. This was followed by a decrease to 4.52 US$ per kg in 2018, and then a further decrease to 3.76 US$ per kg in 2019. In 2020, the price increased to 4.01 US$ per kg, and then decreased again to 3.92 US$ per kg in 2021. The latest data point is 3.76 US$ per kg in 2022. Based on the data, we can predict that the export price per kilogram of Butter from South Africa in 2023 will be around 3.80 US$ per kg, and in 2024 it will be around 3.84 US$ per kg.South Africa Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Butter into South Africa over the last five years has been quite volatile. In 2016, the price was 2.85 US dollars per kg, which was followed by a sharp increase to 3.73 US dollars per kg in 2017. This was followed by a further increase to 4.52 US dollars per kg in 2018. However, the price dropped to 3.76 US dollars per kg in 2019 and then increased to 4.01 US dollars per kg in 2020. The price then dropped slightly to 3.92 US dollars per kg in 2021 and then further to 3.76 US dollars per kg in 2022. Based on this trend, it is likely that the import price per kilogram of Butter into South Africa in 2023 will be around 3.60 US dollars per kg and in 2024 will be around 3.80 US dollars per kg.Export values for South Africa butter
The total values in export for butter in South Africa were US$ 9,403, US$ 10,304, US$ 11,766 and US$ 9,647 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in South Africa: 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.
South Africa butter - Production, Exports, Imports, Seasons and HS Codes
In 2019 South Africa exported 49,105 tonnes of butter. For the year 2019 alone, the demand for South Africa butter (processed category) has reduced, recording a change of -97.515 % compared to the year 2018. Between 2017 and 2019, butter's exports went down by -97.35 percent earning the nation US$9.65m for the year 2019. South Africa's butter exports are classified as:
- Butter (excluding dehydrated butter and ghee) (HS code 040510)
- Dairy spreads of a fat content, by weight, of >= 39% but < 80% (HS code 040520)
- Fats and oils derived from milk, and dehydrated butter and ghee (excluding natural butter, recombined butter and whey butter) (HS code 040590)
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South Africa butter export values
In 2019, South Africa shipped butter worth 9.65m USD, a decrease of -17.98% from 2018's total butter export of 11.766m USD. The yearly reduction in value of South Africa butter between 2017 to 2018 was 14.189 percent.
The per year variation in the quantity of South Africa's butter exports between 2017 and 2019 was -97.35 pc in comparison to a variation of -97.515% in the period between 2018 and 2019.
South Africa's share of the world's total butter's exports in 2019 was less than 1%. South Africa is ranked number 15 in world exports of butter.
Export markets for South Africa butter ( in '000$ )
Import/Export Trends
South Africa is a net exporter of butter. The annual growth of South Africa butter in value between 2015 to 2019 was 61%, per annum, while annual growth in quantity during the same period was 42%, per annum.
South Africa purchased 4,358 tonnes of butter in 2019.