What is the price of margarine per kilogram/pound in United Kingdom (UK) today?
The retail price range for United Kingdom (UK) margarine is between US$ 1.95 and US$ 2.92 per kilogram or between US$ 0.88 and US$ 1.32 per pound(lb). Click here to see today's exact prices of margarine in United Kingdom (UK)
The retail price range in British pound sterling for margarine is between GBP 1.56 and GBP 2.35 per kilogram or between GBP 0.71 and GBP 1.06 per pound(lb) in London and Birmingham.
Wholesale prices
In 2024, the approximate wholesale price range for United Kingdom (UK) margarine is between US$ 1.36 and US$ 2.04 per kilogram or between US$ 0.62 and US$ 0.93 per pound(lb).
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United Kingdom (UK) Margarine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Margarine from the United Kingdom over the last five years has seen a steady decline. In 2017, the export price was 2.56 US dollars per kilogram, which dropped to 2.36 US dollars per kilogram in 2019. The lowest price was recorded in 2020, at 2.05 US dollars per kilogram. The price has since increased slightly to 2.16 US dollars per kilogram in 2021 and 2.22 US dollars per kilogram in 2022. Based on this trend, it is predicted that the export price of Margarine from the United Kingdom will be 2.13 US dollars per kilogram in 2023 and 2.09 US dollars per kilogram in 2024.The margarine exports from United Kingdom (UK) are classified as:
- Margarine (excluding liquid) (HS code 151710)
United Kingdom (UK) Margarine Import Prices - Historical, Trends and Prediction
Export values for United Kingdom (UK) margarine
The total values in export for margarine in United Kingdom (UK) were US$ 31,447, US$ 30,068, US$ 25,247 and US$ 19,311 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in United Kingdom (UK): Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of margarine in other countries across Europe: Georgia margarine, Albania margarine, Belarus margarine, Bosnia and Herzegovina margarine, Bulgaria margarine, Croatia margarine, Czech Republic margarine, Estonia margarine, Greece margarine & Hungary margarine.
United Kingdom (UK) margarine - Production, Exports, Imports, Seasons and HS Codes
The amount of margarine exported by United Kingdom (UK) in 2020 was 4,540 metric tons. In 2019 United Kingdom (UK) exported 8,174 tonnes of margarine. For the year 2019 alone, the market for United Kingdom (UK) margarine (processed category) has shrunk, flactuating by -16.541 % compared to the year 2018. Between 2017 and 2019, margarine's exports reduced by -30.54 percent bringing the exporter US$19.31m for the year 2019. United Kingdom (UK)'s margarine exports are classified as:
- Margarine (excluding liquid) (HS code 151710)
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United Kingdom (UK) margarine export values
In 2019, United Kingdom (UK) supplied margarine valued at 19.31m USD, a drop of -23.52% from 2018's total margarine export of 25.247m USD. The yearly reduction in value of United Kingdom (UK) margarine between 2017 to 2018 was -16.034 percent.
The yearly variation in the quantity of United Kingdom (UK)'s margarine exports between 2017 and 2019 was -30.54 pc when compared to a variation of -16.541% in the growth rate between 2018 and 2019.
United Kingdom (UK)'s stake of the world's total margarine's exports in 2019 was 2.7 pc. United Kingdom (UK) is ranked position 8 in world exports of margarine.
Export markets for United Kingdom (UK) margarine ( in '000$ )
United Kingdom (UK)'s top export markets for margarine are Ireland, France, Poland, Malta and Belgium.
Import/Export Trends
United Kingdom (UK) is a net importer of margarine. The annual growth of United Kingdom (UK) margarine in value between 2015 to 2019 was 2%, per year, while annual growth in quantity through the same period was 12%, per annum.
United Kingdom (UK) procured 91,667 tonnes of margarine in 2019.