What is the price of margarine per kilogram/pound in US today?
The retail price range for US margarine is between US$ 2.95 and US$ 5.91 per kilogram or between US$ 1.34 and US$ 2.68 per pound(lb). Click here to see today's exact prices of margarine in US
The retail price range in Euro for margarine is between EUR 2.71 and EUR 5.42 per kilogram or between EUR 1.23 and EUR 2.46 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US margarine is between US$ 2.07 and US$ 4.13 per kilogram or between US$ 0.94 and US$ 1.87 per pound(lb).
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US Margarine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Margarine from the US over the last five years has seen a steady increase. In 2017, the export price was 1.63 US $ per kg, and by 2021, it had risen to 2.00 US $ per kg. This represents an increase of 23.3% over the five-year period. Looking ahead, we can predict that the export price of Margarine from the US will continue to rise, reaching 2.36 US $ per kg in 2022. For 2023 and 2024, we can expect the export price to be around 2.50 US $ per kg and 2.65 US $ per kg respectively.The exports of margarine from US are categorised as:
- Margarine (excluding liquid) (HS code 151710)
US Margarine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Margarine into the US over the last five years has been relatively stable. In 2016, the price was $1.38, followed by $1.63 in 2017, $1.74 in 2018, $1.75 in 2019, and $1.87 in 2020. This indicates a slight increase in the price of Margarine over the last five years. However, the price has seen a significant jump in 2021, with the import price per kilogram reaching $2.00. This is followed by an even higher price of $2.36 in 2022. Based on this trend, it is predicted that the import price per kilogram of Margarine into the US in 2023 will be around $2.70 and in 2024 will be around $3.14.Export values for US margarine
The total values in export for margarine in US were US$ 31,035, US$ 30,337, US$ 31,667 and US$ 32,550 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in US: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of margarine in other countries across North America: Canada margarine, US margarine, Anguilla margarine, Antigua and Barbuda margarine, Bermuda margarine, Bonaire, Sint Eustatius and Saba margarine, St.Pierre and Miquelon margarine, United States Minor Outlying Islands margarine, Cayman Islands margarine & Greenland margarine.
US margarine - Production, Exports, Imports, Seasons and HS Codes
The amount of margarine shipped by US in 2020 was 18,559 tonnes. In 2019 US sold 18,606 tonnes of margarine. For 2019 alone, the demand for US margarine (processed category) has increased, recording a change of 2.321 per cent compared to the year 2018. Between 2017 and 2019, margarine's exports grew by 0.13 percent earning the exporter US$32.55m for the year 2019. US' margarine exports are classified as:
- Margarine (excluding liquid) (HS code 151710)
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US margarine export values
In 2019, US shipped margarine valued at 32.55m USD, a surge of 2.79% from 2018's total margarine export of 31.667m USD. The yearly increase in value of US margarine between 2017 to 2018 was 4.384 per cent.
The per year change in the volume of US' margarine exports between 2017 and 2019 was 0.13% when compared to a variation of 2.321% in the growth rate between 2018 and 2019.
US' portion of the world's total margarine's exports in 2019 was 1.9 per cent. US is ranked position 12 in world exports of margarine.
Export markets for US margarine ( in '000$ )
US' leading export markets for margarine are Mexico, Canada, South Korea, the Bahamas and Belize.
Import/Export Trends
US is a net importer of margarine. The annual growth of US margarine in value between 2015 to 2019 was 4%, per annum, while annual growth in quantity was 3%, per annum.
US imported 16,335 tonnes of margarine in 2019.