What is the price of butter per kilogram/pound in Malaysia today?
The retail price range for Malaysia butter is between US$ 3.63 and US$ 4.41 per kilogram or between US$ 1.64 and US$ 2.00 per pound(lb). Click here to see today's exact prices of butter in Malaysia
The retail price range in Malaysian Ringgit for butter is between MYR 16.45 and MYR 20.03 per kilogram or between MYR 7.46 and MYR 9.08 per pound(lb) in Kuala Lumpur and George Town.
In 2023, the approximate wholesale price range for Malaysia butter is between US$ 2.54 and US$ 3.09 per kilogram or between US$ 1.15 and US$ 1.40 per pound(lb).
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Malaysia Butter Export Prices - Historical, Trends and Prediction
In 2014, the export price of Butter from Malaysia was US$ 9.27 per Kg. In 2015, it was US$ 9.44 per Kg. In 2016, it was US$ 10.95 per Kg. In 2017, it was US$ 10.33 per Kg. In 2018, it was US$ 8.15 per Kg. For 2023, the predicted export price of Butter from Malaysia is US$ 8.23 per Kg.
Malaysia Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Butter into Malaysia has seen a steady increase over the last five years. In 2017, the price was 4.00 US dollars per kg, and this increased to 4.74 US dollars per kg in 2020. The highest price was recorded in 2021, when the price was 8.26 US dollars per kg. This is a significant increase of over 100% from the price in 2017. Looking ahead, it is likely that the price of Butter will continue to increase in the coming years. Based on the data, we can predict that the price of Butter in 2023 will be around 8.50 US dollars per kg, and in 2024 it will be around 9.00 US dollars per kg.
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Export values for Malaysia butter
The total values in export for butter in Malaysia were US$ 26,589, US$ 29,849, US$ 30,349 and US$ 24,950 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.