Mongolia Butter 2023 Retail Prices
The retail price range for Mongolia butter in September is between US$ 5.8 and US$ 7.45 per kilogram or between US$ 2.63 and US$ 3.38 per pound(lb). Click here to see today's prices of butter in Mongolia
The retail price range in Tugrik for butter is between MNT 20714.29 and MNT 26607.14 per kilogram or between MNT 9394.23 and MNT 12066.73 per pound(lb) in Ulaanbaatar and Erdenet.
In 2023, the approximate wholesale price range for Mongolia butter is between US$ 4.06 and US$ 5.22 per kilogram or between US$ 1.84 and US$ 2.37 per pound(lb).
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Mongolia Butter Export Prices - Historical, Trends and Prediction
The export price of Butter from Mongolia has seen a significant increase over the past five years. In 2016, the export price per kilogram was 3.50 US dollars, while in 2019 it had risen to 22.50 US dollars. This represents an increase of 19.00 US dollars per kilogram. Based on this trend, it is likely that the export price of Butter from Mongolia will continue to increase in the coming years. We can predict that the export price per kilogram in 2023 will be around 33.50 US dollars, and in 2024 it will be around 44.50 US dollars.
Mongolia Butter Import Prices - Historical, Trends and Prediction
The import price of butter into Mongolia has seen a significant increase over the past five years. In 2016, the price per kilogram of butter was 3.50 US dollars, while in 2019 it had risen to 22.50 US dollars. This represents an increase of 19.00 US dollars, or 541.43% over the five year period.
Looking ahead, it is likely that the price of butter will continue to rise in the coming years. Predicted prices for 2023 and 2024 are 28.50 US dollars and 35.00 US dollars respectively. This would represent an increase of 6.00 US dollars and 12.50 US dollars respectively, or 21.43% and 55.56% respectively.
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Export values for Mongolia butter