What is the price of margarine per kilogram/pound in Saudi Arabia today?
The retail price range for Saudi Arabia margarine is between US$ 0.91 and US$ 0.97 per kilogram or between US$ 0.41 and US$ 0.44 per pound(lb). Click here to see today's exact prices of margarine in Saudi Arabia
The retail price range in Saudi Riyal for margarine is between SAR 3.40 and SAR 3.62 per kilogram or between SAR 1.54 and SAR 1.64 per pound(lb) in Riyadh and Jeddah.
Wholesale prices
In 2025, the approximate wholesale price range for Saudi Arabia margarine is between US$ 0.63 and US$ 0.68 per kilogram or between US$ 0.29 and US$ 0.31 per pound(lb).
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Saudi Arabia Margarine Export Prices - Historical, Trends and Prediction
In 2016, the export price of Margarine from Saudi Arabia was 0.05 US$ per Kg. In 2017, the export price was 0.09 US$ per Kg. In 2018, the export price was 0.25 US$ per Kg. In 2019, the export price was 0.28 US$ per Kg. In 2020, the export price was 0.20 US$ per Kg. For 2021, the export price is 0.35 US$ per Kg. For 2023, the predicted export price is 0.37 US$ per Kg.The exports of margarine from Saudi Arabia are classified as:
- Margarine (excluding liquid) (HS code 151710)
Saudi Arabia Margarine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Margarine into Saudi Arabia over the last five years has been quite volatile. In 2016, the price was $1.82, followed by a sharp drop to $1.05 in 2017. In 2018, the price dropped further to $0.92, before rising to $0.98 in 2019. In 2020, the price rose to $1.15, before experiencing a significant increase to $3.41 in 2021. Based on this trend, it is likely that the import price per kilogram of Margarine into Saudi Arabia will be around $3.50 in 2023 and $3.60 in 2024.Export values for Saudi Arabia margarine
The total values in export for margarine in Saudi Arabia were US$ 417, US$ 740, US$ 2,068 and US$ 2,220 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, 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.
Saudi Arabia margarine - Production, Exports, Imports, Seasons and HS Codes
In 2019 Saudi Arabia sold 2,254 tonnes of margarine. Across 2019 alone, the interest in Saudi Arabia margarine (processed category) has increased, flactuating by 0.66994194 % compared to the year 2018. Between 2017 and 2019, margarine's exports grew by 219.72% earning the nation US$2.22m for the year 2019. Saudi Arabia's margarine exports are categorised as:
- Margarine (excluding liquid) (HS code 151710)
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Saudi Arabia margarine export values
In 2019, Saudi Arabia shipped margarine costing 2.22m USD, an increase of 7.35% from 2018's total margarine export of 2.068m USD. The yearly change in value of Saudi Arabia margarine between 2017 to 2018 was 179.459 pc.
The yearly change in the quantity of Saudi Arabia's margarine exports between 2017 and 2019 was 219.72 percent in comparison to a variation of 0.66994194% in the period between 2018 and 2019.
Saudi Arabia's stake of the world's total margarine's exports in 2019 was 7.5 percent. Saudi Arabia is ranked position 4 in world exports of margarine.
Export markets for Saudi Arabia margarine ( in '000$ )
Saudi Arabia's top destinations for margarine are Jordan, Iraq, United Arab Emirates (UAE), Kuwait and Oman.
Saudi Arabia imported 15,360 tonnes of margarine in 2019.