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During the period analyzed, Butter imports peaked at 101K tons in 2022, before decreasing the following year. In terms of value, the import of Butter declined to $616M in 2023.
The most significant growth rate was observed in May 2023, with butter imports increasing by 16% month-to-month. However, in October 2023, butter imports saw a notable decline in value, dropping to $104K.
During the period of analysis, there was a steady trend in imports. In terms of value, imports of Butter surged to $6.2M in October 2023.
In August 2023, the growth of Butter was the most rapid with a staggering 133% month-over-month increase. However, in September 2023, the value of butter imports notably contracted to $1.3M.
The growth of butter imports remained relatively low from September 2022 to July 2023. In terms of value, butter imports slightly contracted to $14M in July 2023.
The price of Butter in June 2023 was $6,223 per ton (CIF, Germany), which remained unchanged from the previous month.
Butter imports reached a value of $60M in June 2023.
In April 2023, the butter price stood at $6,152 per ton (CIF, Qatar), which is down by -5% against the previous month.
In February 2023, the butter price stood at $5,049 per ton (FOB, Poland), waning by -12.4% against the previous month.
In January 2023, the butter price reached $6,663 per ton on an Ex-Works basis in The Netherlands, remaining steady compared to the previous month.
In November 2022, the butter price stood at $5,416 per ton (CIF, Australia), dropping by -7.8% against the previous month.
In August 2022, the butter price stood at $8,003 per ton (CIF, France), growing by 3.4% against the previous month.
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