Sri Lanka Butter 2023 Retail Prices
The retail price range for Sri Lanka butter in September is between US$ 2.15 and US$ 6.76 per kilogram or between US$ 0.98 and US$ 3.07 per pound(lb). Click here to see today's prices of butter in Sri Lanka
The retail price range in Sri Lanka Rupee for butter is between LKR 661.54 and LKR 2080 per kilogram or between LKR 300.02 and LKR 943.31 per pound(lb) in Colombo and Jaffna.
Wholesale prices
In 2023, the approximate wholesale price range for Sri Lanka butter is between US$ 1.51 and US$ 4.73 per kilogram or between US$ 0.68 and US$ 2.15 per pound(lb).
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Sri Lanka Butter Export Prices - Historical, Trends and Prediction
The export price per kilogram of Butter from Sri Lanka over the last five years has been quite volatile. In 2012, the price was 6.00 US dollars per kg, which dropped to 5.00 US dollars per kg in 2013. However, the price rose to 7.50 US dollars per kg in 2014 and then to 14.25 US dollars per kg in 2015. In 2016, the price dropped to 9.67 US dollars per kg and then to 6.79 US dollars per kg in 2017. The price then rose to 7.11 US dollars per kg in 2019 and to 7.66 US dollars per kg in 2020. The most recent data shows that the price is 9.23 US dollars per kg in 2021. Based on this data, it is predicted that the export price per kilogram of Butter from Sri Lanka will be 10.80 US dollars per kg in 2023 and 12.37 US dollars per kg in 2024.Sri Lanka Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Butter into Sri Lanka over the last five years has been quite volatile. In 2016, the price was 9.67 US dollars per kg, which was the highest in the last five years. This was followed by a sharp decline in 2017 to 6.79 US dollars per kg. In 2019, the price increased to 7.11 US dollars per kg, and then further increased to 7.66 US dollars per kg in 2020. The most recent year, 2021, saw the highest price in the last five years, at 9.23 US dollars per kg. Based on this trend, it is predicted that the import price per kilogram of Butter into Sri Lanka in 2023 will be around 10.80 US dollars per kg, and in 2024 it will be around 12.37 US dollars per kg.Export values for Sri Lanka butter
The total values in export for butter in Sri Lanka were US$ 87, US$ 163, US$ 119 and US$ 121 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Sri Lanka: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of butter in other countries across Asia: Kazakhstan butter, Kyrgyzstan butter, Tajikistan butter, Turkmenistan butter, Uzbekistan butter, China butter, Hong Kong butter, Macao butter, North Korea butter & Mongolia butter.
Nutrition: butter calories and other nutrition facts
Sri Lanka butter - Production, Exports, Imports, Seasons and HS Codes
In 2019 Sri Lanka shipped 22 tonnes of butter. For 2019 alone, the market for Sri Lanka butter (processed category) has improved, flactuating by 144.444 per cent compared to the year 2018. Between 2017 and 2019, butter's exports decreased by -8.33 pc netting the country US$0.12m for the year 2019. Sri Lanka's butter exports are classified as:
- Dairy spreads of a fat content, by weight, of >= 39% but < 80% (HS code 040520)
- Butter (excluding dehydrated butter and ghee) (HS code 040510)
- Fats and oils derived from milk, and dehydrated butter and ghee (excluding natural butter, recombined butter and whey butter) (HS code 040590)
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Sri Lanka butter export values
In 2019, Sri Lanka exported butter worth 0.12m USD, an increment of 0.84% from 2018's total butter export of 0.119m USD. The annual increase in value of Sri Lanka butter between 2017 to 2018 was -26.994 per cent.
The annual/yearly variation in the volume of Sri Lanka's butter exports between 2017 and 2019 was -8.33% when compared to a variation of 144.444% in the growth rate between 2018 and 2019.
Sri Lanka's portion of the world's total butter's exports in 2019 was less than 1%. The country is ranked position 22 in world exports of butter.
Export markets for Sri Lanka butter ( in '000$ )
Import/Export Trends
Sri Lanka is a net exporter of butter. The annual growth of Sri Lanka butter in value between 2015 to 2019 was -55%, per year, while annual growth in quantity through the same period was %, per annum.
Sri Lanka brought in 644 tonnes of butter in 2019.