Kuwait Butter 2023 Retail Prices
The retail price range for Kuwait butter in September is between US$ 8.8 and US$ 10.2 per kilogram or between US$ 3.99 and US$ 4.63 per pound(lb). Click here to see today's prices of butter in Kuwait
The retail price range in Kuwaiti Dinar for butter is between KWD 2.71 and KWD 3.14 per kilogram or between KWD 1.23 and KWD 1.43 per pound(lb) in Kuwait City and Al Jahra.
Wholesale prices
In 2023, the approximate wholesale price range for Kuwait butter is between US$ 6.16 and US$ 7.14 per kilogram or between US$ 2.79 and US$ 3.24 per pound(lb).
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Kuwait Butter Export Prices - Historical, Trends and Prediction
The export price per kilogram of Butter from Kuwait over the last five years has seen a steady increase. In 2017, the price was at its lowest at 1.96 US $ per kg, before rising to 3.34 US $ per kg in 2018. The price then saw a significant jump to 7.31 US $ per kg in 2019, before dropping back to 5.20 US $ per kg in 2020. The price has since remained relatively stable, with 2021 seeing a slight decrease to 5.09 US $ per kg. Based on this trend, it is likely that the export price per kilogram of Butter from Kuwait will remain around the 5.00 US $ mark in 2023 and 2024.Kuwait Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Butter into Kuwait over the last five years has been quite volatile. In 2016, the price was 5.72 US dollars per kg, which was the highest in the five year period. This was followed by a sharp decline in 2017 to 1.96 US dollars per kg, the lowest in the five year period. Prices then increased to 3.34 US dollars per kg in 2018 and 7.31 US dollars per kg in 2019. The price then decreased to 5.2 US dollars per kg in 2020 and 5.09 US dollars per kg in 2021. Based on this data, it is likely that the import price per kilogram of Butter into Kuwait will remain relatively stable in the next two years, with a slight increase in 2023 to 5.25 US dollars per kg and a slight decrease in 2024 to 5.05 US dollars per kg.Export values for Kuwait butter
The total values in export for butter in Kuwait were US$ 1,453, US$ 1,950, US$ 1,510 and US$ 95 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Kuwait: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of butter in other countries across Middle East: Bahrain butter, Cyprus butter, Iraq butter, Israel butter, Jordan butter, Kuwait butter, Lebanon butter, Palestine butter, Oman butter & Qatar butter.
Nutrition: butter calories and other nutrition facts
Kuwait butter - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kuwait exported 13 tonnes of butter. For 2019 alone, the interest in Kuwait butter (processed category) has shrunk, flactuating by -97.124 per cent compared to the year 2018. Between 2017 and 2019, butter's exports reduced by -98.69 percent bringing Kuwait US$0.10m for the year 2019. Kuwait's butter exports are categorised as:
- Butter (excluding dehydrated butter and ghee) (HS code 040510)
- Dairy spreads of a fat content, by weight, of >= 39% but < 80% (HS code 040520)
- Fats and oils derived from milk, and dehydrated butter and ghee (excluding natural butter, recombined butter and whey butter) (HS code 040590)
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Kuwait butter export values
In 2019, Kuwait exported butter valued at 0.10m USD, a drop of -93.38% from 2018's total butter export of 1.51m USD. The annual change in value of Kuwait butter between 2017 to 2018 was -22.564%.
The per year change in the amount of Kuwait's butter exports between 2017 and 2019 was -98.69 pc in comparison to a variation of -97.124% in the period between 2018 and 2019.
Export markets for Kuwait butter ( in '000$ )
Kuwait ordered 10,122 tonnes of butter in 2019.