What is the price of butter per kilogram/pound in Lebanon today, December 3rd?
The retail price range for Lebanon butter is between US$ 4.85 and US$ 7.77 per kilogram or between US$ 2.2 and US$ 3.52 per pound(lb). Click here to see today's exact prices of butter in Lebanon
The retail price range in Lebanese Pound for butter is between LBP 73553.03 and LBP 117684.85 per kilogram or between LBP 33357.38 and LBP 53371.81 per pound(lb) in Beirut and Sidon.
In 2023, the approximate wholesale price range for Lebanon butter is between US$ 3.4 and US$ 5.44 per kilogram or between US$ 1.54 and US$ 2.47 per pound(lb).
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Lebanon Butter Export Prices - Historical, Trends and Prediction
The export price of butter from Lebanon over the last five years has been quite volatile. In 2016, the price per kilogram was 4.97 US dollars, which was the highest in the five-year period. This was followed by a decrease in 2017 to 4.59 US dollars. In 2018, the price per kilogram increased to 6.55 US dollars, and then further increased to 8.38 US dollars in 2019. However, in 2020, the price per kilogram dropped to 4.6 US dollars. The price per kilogram then increased again to 8.0 US dollars in 2021. Based on this trend, it is predicted that the price per kilogram of butter from Lebanon in 2023 will be around 8.50 US dollars and in 2024 will be around 9.00 US dollars.
Lebanon Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Butter into Lebanon over the last five years has been quite volatile. In 2016, the price was 4.97 US dollars per kg, which was the highest in the five year period. This was followed by a decrease in 2017 to 4.59 US dollars per kg. In 2018, the price increased to 6.55 US dollars per kg, before reaching a peak of 8.38 US dollars per kg in 2019. In 2020, the price dropped to 4.6 US dollars per kg, before increasing again to 8.0 US dollars per kg in 2021.
Based on the current trend, it is likely that the import price per kilogram of Butter into Lebanon will continue to increase in the next two years. We predict that the price will reach 8.50 US dollars per kg in 2023 and 8.75 US dollars per kg in 2024.
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Export values for Lebanon butter
The total values in export for butter in Lebanon were US$ 164, US$ 147, US$ 72 and US$ 67 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.