What is the price of margarine per kilogram/pound in Syria today?
The retail price range for Syria margarine is between US$ 0.91 and US$ 4.25 per kilogram or between US$ 0.41 and US$ 1.93 per pound(lb). Click here to see today's exact prices of margarine in Syria
The retail price range in Syrian pound for margarine is between SYP 2,345.42 and SYP 10,903.71 per kilogram or between SYP 1,063.68 and SYP 4,944.99 per pound(lb) in Damascus and Aleppo.
Wholesale prices
In 2024, the approximate wholesale price range for Syria margarine is between US$ 0.64 and US$ 2.98 per kilogram or between US$ 0.29 and US$ 1.35 per pound(lb).
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Syria Margarine Export Prices - Historical, Trends and Prediction
The export price of Margarine from Syria has seen a steady increase over the past five years. In 2018, the export price per kilogram was $1.45, which increased to $1.50 in 2019. In 2020, the price rose to $1.60, and in 2021 it further increased to $1.70. This year, the export price per kilogram of Margarine from Syria is $1.80. Looking ahead, it is likely that the export price of Margarine from Syria will continue to increase in the coming years. Based on the data, it is predicted that the export price per kilogram of Margarine from Syria will be $1.90 in 2023 and $2.00 in 2024.The margarine exports from Syria are categorised as:
- Margarine (excluding liquid) (HS code 151710)
Syria Margarine Import Prices - Historical, Trends and Prediction
The import price of Margarine into Syria has seen a steady increase over the past five years. In 2018, the import price per kilogram was $1.20, which increased to $1.50 in 2019. In 2020, the price rose to $1.80, and in 2021 it further increased to $2.10. The most recent data shows that the import price per kilogram of Margarine into Syria was $2.40 in 2022. Overall, the import price of Margarine into Syria has increased by 100% over the past five years. This trend is likely to continue in the coming years, with the import price per kilogram of Margarine into Syria predicted to reach $2.70 in 2023 and $3.00 in 2024.Export values for Syria margarine
The total values in export for margarine in Syria were US$ 8, US$ 1, US$ 30 and US$ 8 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Syria: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of margarine in other countries across Middle East: Bahrain margarine, Cyprus margarine, Iraq margarine, Israel margarine, Jordan margarine, Kuwait margarine, Lebanon margarine, Palestine margarine, Oman margarine & Qatar margarine.
Syria margarine - Production, Exports, Imports, Seasons and HS Codes
In 2019 Syria sold 6 tonnes of margarine. For the year 2019 alone, the market for Syria margarine (processed category) has gone down, changing by -72.727 pc compared to the year 2018. Between 2017 and 2019, margarine's exports increased by 500 pc netting Syria US$0.01m for the year 2019. Syria's margarine exports are categorised as:
- Margarine (excluding liquid) (HS code 151710)
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Syria margarine export values
In 2019, Syria sold margarine with a value of 0.01m USD, a reduction of -66.67% from 2018's total margarine export of 0.03m USD. The annual reduction in value of Syria margarine between 2017 to 2018 was 2900 per cent.
The per year variation in the quantity of Syria's margarine exports between 2017 and 2019 was 500 pc compared to a variation of -72.727% in the period between 2018 and 2019.
Syria's stake of the world's total margarine's exports in 2019 was less than 1%. The country holds position 80 in world exports of margarine.
Export markets for Syria margarine ( in '000$ )
Syria's best performing export markets for margarine are Malaysia, US, Germany, United Arab Emirates (UAE) and Sweden.
Import/Export Trends
Syria is a net exporter of margarine. The annual growth of Syria margarine in value between 2015 to 2019 was 40%, per year, while annual growth in quantity for the same period was 33%, per annum.
Syria bought 4,412 tonnes of margarine in 2019.