Japan Butter 2023 Retail Prices
The retail price range for Japan butter in September is between US$ 10.2 and US$ 25.4 per kilogram or between US$ 4.63 and US$ 11.52 per pound(lb). Click here to see today's prices of butter in Japan
The retail price range in Yen for butter is between JPY 1408.84 and JPY 3508.29 per kilogram or between JPY 638.93 and JPY 1591.06 per pound(lb) in Tokyo and Yokohama.
In 2023, the approximate wholesale price range for Japan butter is between US$ 7.14 and US$ 17.78 per kilogram or between US$ 3.24 and US$ 8.06 per pound(lb).
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Japan Butter Export Prices - Historical, Trends and Prediction
The export price per kilogram of Butter from Japan over the last five years has seen a steady decline. In 2012, the price was 25.00 US dollars per kg, and in 2016 it was 24.50 US dollars per kg. In 2017, the price dropped to 18.00 US dollars per kg, and in 2019 it was 22.50 US dollars per kg. The most recent data shows that in 2021, the price was 20.43 US dollars per kg, and in 2022 it was 13.43 US dollars per kg. This indicates a downward trend in the export price of Butter from Japan. Based on this trend, it is predicted that the export price of Butter from Japan in 2023 will be around 10.43 US dollars per kg, and in 2024 it will be around 7.43 US dollars per kg.
Japan Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Butter into Japan over the last five years has been quite volatile. In 2016, the price was 24.50 US dollars per kg, which was the highest in the last five years. This was followed by a sharp decline in 2017 to 18.00 US dollars per kg. In 2018, the price rose again to 23.60 US dollars per kg, before dropping to 22.50 US dollars per kg in 2019. The price then dropped further to 20.50 US dollars per kg in 2020, before stabilizing at 20.43 US dollars per kg in 2021. The most recent data point is 13.43 US dollars per kg in 2022.
Based on the data, it is likely that the import price per kilogram of Butter into Japan will remain relatively stable in the next two years. We predict that the price will be around 20.00 US dollars per kg in 2023 and 21.00 US dollars per kg in 2024.
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Export values for Japan butter
The total values in export for butter in Japan were US$ 49, US$ 72, US$ 118 and US$ 135 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.