What is the price of butter per kilogram/pound in Thailand today?
The retail price range for Thailand butter is between US$ 6.26 and US$ 10.12 per kilogram or between US$ 2.84 and US$ 4.59 per pound(lb). Click here to see today's exact prices of butter in Thailand
The retail price range in Baht for butter is between THB 214.94 and THB 347.21 per kilogram or between THB 97.48 and THB 157.47 per pound(lb) in Bangkok and Chiand Mai.
Wholesale prices
In 2024, the approximate wholesale price range for Thailand butter is between US$ 4.38 and US$ 7.08 per kilogram or between US$ 1.99 and US$ 3.21 per pound(lb).
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Thailand Butter Export Prices - Historical, Trends and Prediction
The export price per kilogram of Butter from Thailand over the last five years has seen a steady decline. In 2012, the price was 3.38 US dollars per kg, and by 2021, it had dropped to 2.87 US dollars per kg. This represents a decrease of 15.2%. The lowest price was seen in 2016, when it was 2.13 US dollars per kg. The highest price was seen in 2019, when it was 3.21 US dollars per kg. Looking ahead, we predict that the export price per kilogram of Butter from Thailand in 2023 will be 2.50 US dollars per kg, and in 2024 it will be 2.45 US dollars per kg.Thailand Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Butter into Thailand over the last five years has been quite volatile. In 2012, the price was 3.38 US dollars per kg, which then dropped to 2.92 US dollars per kg in 2013. This downward trend continued until 2014, when the price dropped to 2.41 US dollars per kg. In 2015, the price dropped slightly further to 2.35 US dollars per kg, before dropping to its lowest point of 2.13 US dollars per kg in 2016. Since then, the price has been on the rise, reaching 2.55 US dollars per kg in 2018 and 3.21 US dollars per kg in 2019. In 2020, the price dropped slightly to 2.92 US dollars per kg, before dropping again to 2.87 US dollars per kg in 2021. The most recent data shows that the price has dropped to 2.61 US dollars per kg in 2022. Based on the data, it is likely that the price of Butter imported into Thailand will remain relatively stable in the next two years. We predict that the price will remain at around 2.61 US dollars per kg in 2023, and then increase slightly to 2.65 US dollars per kg in 2024.Export values for Thailand butter
The total values in export for butter in Thailand were in US dollar thousand for the years in that order.
Prices of other produce in the Processed category in Thailand: 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.
Thailand butter - Production, Exports, Imports, Seasons and HS Codes
The amount of butter shipped by Thailand in 2020 was 479 metric tonnes. In 2019 Thailand shipped 655 tonnes of butter. Through 2019 alone, the interest in Thailand butter (processed category) has been stable, compared to the year 2018. For the period between 2017 and 2019 the exports of butter were negligible, earning Thailand very little foreign income. Thailand's butter exports are classified as:
- Fats and oils derived from milk, and dehydrated butter and ghee (excluding natural butter, recombined butter and whey butter) (HS code 040590)
- Dairy spreads of a fat content, by weight, of >= 39% but < 80% (HS code 040520)
- Butter (excluding dehydrated butter and ghee) (HS code 040510)
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Thailand butter export values
For the period between the years 2011 and 2020, Thailand exported butter worth US$ 0.
The yearly variation in the amount of Thailand's butter exports between 2017 and 2019 was stagnant.
Thailand's stake of the world's total butter's exports in 2019 was less than 1%. The country holds number 26 in world exports of butter.
Export markets for Thailand butter ( in '000$ )
Import/Export Trends
Thailand is a net exporter of butter. The annual growth of Thailand butter in value between 2015 to 2019 was 22%, per annum, while annual growth in quantity for the same period was -19%, per annum.
Thailand purchased 13,339 tonnes of butter in 2019.