What is the price of margarine per kilogram/pound in Singapore today?
The retail price range for Singapore margarine is between US$ 4.43 and US$ 6.40 per kilogram or between US$ 2.01 and US$ 2.90 per pound(lb). Click here to see today's exact prices of margarine in Singapore
The retail price range in Singapore Dollar for margarine is between SGD 5.96 and SGD 8.60 per kilogram or between SGD 2.70 and SGD 3.90 per pound(lb) in Singapore and Bishan.
Wholesale prices
In 2025, the approximate wholesale price range for Singapore margarine is between US$ 3.10 and US$ 4.48 per kilogram or between US$ 1.41 and US$ 2.03 per pound(lb).
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Singapore Margarine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Margarine from Singapore has seen a steady increase over the last five years. In 2016, the export price was 1.97 US $ per kg, and in 2021, it was 2.41 US $ per kg. This represents an increase of 22.3%. The highest export price was in 2018, when it was 2.72 US $ per kg. The lowest export price was in 2015, when it was 2.00 US $ per kg. Based on this trend, it is predicted that the export price of Margarine from Singapore in 2023 will be 2.60 US $ per kg, and in 2024 it will be 2.78 US $ per kg.The exports of margarine from Singapore are categorised as:
- Margarine (excluding liquid) (HS code 151710)
Singapore Margarine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Margarine into Singapore over the last five years has been relatively stable. In 2017, the price was 2.26 US dollars per kg, followed by a slight increase to 2.72 US dollars per kg in 2018. The price then decreased to 2.39 US dollars per kg in 2019 and 2.44 US dollars per kg in 2020. The price then dropped again to 2.41 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Margarine into Singapore in 2023 will be 2.38 US dollars per kg and in 2024 will be 2.35 US dollars per kg.Export values for Singapore margarine
The total values in export for margarine in Singapore were US$ 17,399, US$ 24,831, US$ 35,492 and US$ 26,848 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Singapore: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of margarine in other countries across Asia: Kazakhstan margarine, Kyrgyzstan margarine, Tajikistan margarine, Turkmenistan margarine, Uzbekistan margarine, China margarine, Hong Kong margarine, Macao margarine, North Korea margarine & Mongolia margarine.
Singapore margarine - Production, Exports, Imports, Seasons and HS Codes
The volume of margarine shipped by Singapore in 2020 was 10,051 tonnes. In 2019 Singapore shipped 11,240 tonnes of margarine. For the year 2019 alone, the demand for Singapore margarine (processed category) has shrunk, recording a change of -13.857 % compared to the year 2018. Between 2017 and 2019, margarine's exports increased by 2.3 pc bringing the country US$26.85m for the year 2019. Singapore's margarine exports are classified as:
- Margarine (excluding liquid) (HS code 151710)
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Singapore margarine export values
In 2019, Singapore supplied margarine valued at 26.85m USD, a drop of -24.35% from 2018's total margarine export of 35.492m USD. The yearly change in value of Singapore margarine between 2017 to 2018 was 42.934 pc.
The annual change in the volume of Singapore's margarine exports between 2017 and 2019 was 2.3 percent in comparison to a variation of -13.857% in the period between 2018 and 2019.
Singapore's portion of the world's total margarine's exports in 2019 was less than 1%. The country holds position 68 in world exports of margarine.
Export markets for Singapore margarine ( in '000$ )
Singapore's leading export markets for margarine are Malaysia, Japan, South Korea, Indonesia and Hong Kong.
Import/Export Trends
Singapore is a net importer of margarine. The annual growth of Singapore margarine in value between 2015 to 2019 was -7%, per annum, while annual growth in quantity was -3%, per annum.
Singapore bought 5,011 tonnes of margarine in 2019.