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Butter, International Market - Western Europe
This page contains the wholesale prices for Butter (Butter, 82% Butterfat) produced in Europe and recorded by the USDA.

This Area is referred to as the "International dairy market - Europe" and is a combination of countries as listed below:
Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and United Kingdom.

Prices are recorded fortnightly.

The average Butter prices recorded over the most recent period are listed in the table, while the graph below illustrates price trends over the past three years in € and in local currency. Furthermore, time series are available for monthly average prices of last nine years.

The graph below compares prices over a given period for Butter in the Western Europe market - International Market (source USDA) with those for Butter in Germany.
 
Western Europe - International Market
Fortnightly prices of Butter
Butter, 82% Butterfat
US $ per ton € per ton
min / max ± on prev. price min / max ± on prev. price
Friday 24 Nov 2023
5.475 / 6.000 +6,00% 5.016 / 5.497 +3,74%
Friday 10 Nov 2023
5.100 / 5.725 +6,13% 4.774 / 5.359 +4,71%
Friday 27 Oct 2023
4.900 / 5.300 +1,49% 4.649 / 5.028 +1,34%
Friday 13 Oct 2023
4.825 / 5.225 +3,61% 4.585 / 4.965 +4,30%
Friday 29 Sep 2023
4.575 / 5.125 +1,84% 4.318 / 4.838 +2,45%
Friday 15 Sep 2023
4.575 / 4.950 -3,30% 4.293 / 4.644 -1,61%
Friday 1 Sep 2023
4.650 / 5.200 -1,99% 4.288 / 4.795 -1,78%
Friday 18 Aug 2023
4.725 / 5.325 -0,25% 4.348 / 4.900 +0,48%
Friday 4 Aug 2023
4.700 / 5.375 -1,95% 4.294 / 4.910 -0,36%
Friday 21 Jul 2023
4.900 / 5.375 -0,24% 4.405 / 4.832 -2,35%
n.q.: not quoted price
Source: USDA
Informative note
NOTE: The conversion US $ / € for each quotation is calculated using the exchange rate of the previous day.

Prices are U.S. $/MT (Metric Ton= 2,204.6 pounds) F.O.B. port. Information gathered for this report is from trades, offers to sell, and secondary data.
USD
$/ton WESTERN EUROPE
Butter, 82% Butterfat 		GERMANY
Deutsche Markenbutter, lose		 ITALY
Butter Reg.CEE 1308/2013
2015 2016 2017 2018 2019 2020 2021 2022 2023 % on prev. month % on 2022 2023 % on prev. month % on 2022 2023 % on prev. month % on 2022
January 3.381 3.000 4.594 4.988 5.031 4.038 4.119 6.700 6.038 -4,26% -9,89% 5.113 -10,14% -22,69% 4.940 -14,39% -13,45%
February 3.619 2.963 4.325 5.263 5.094 3.938 4.269 6.894 5.275 -12,63% -23,48% 4.744 -7,21% -29,33% 4.688 -5,11% -18,19%
March 3.631 2.631 4.504 6.000 4.792 3.706 4.719 6.981 5.179 -1,82% -25,81% 5.078 +7,03% -28,96% 4.951 +5,62% -20,30%
April 3.400 2.617 4.819 6.544 4.681 2.650 4.875 7.675 5.231 +1,01% -31,84% 5.068 -0,18% -34,68% 4.968 +0,34% -28,15%
May 3.308 2.725 5.331 7.019 4.681 2.531 5.031 7.594 5.088 -2,75% -33,00% 4.978 -1,79% -33,42% 4.854 -2,30% -29,80%
June 3.325 2.875 6.250 7.163 4.481 2.756 5.131 7.919 5.244 +3,07% -33,78% 5.065 +1,75% -33,38% 4.932 +1,61% -29,77%
July 3.206 3.288 7.063 6.688 4.213 3.808 4.688 7.538 5.144 -1,91% -31,76% 4.935 -2,57% -30,36% 4.879 -1,08% -29,29%
August 2.875 3.719 7.556 6.513 3.954 4.063 4.669 7.419 5.031 -2,19% -32,18% 4.800 -2,73% -31,63% 4.691 -3,85% -30,63%
September 2.844 4.221 8.075 6.406 3.975 4.094 4.800 7.288 4.846 -3,69% -33,50% 4.862 +1,30% -30,21% 4.634 -1,21% -32,67%
October 3.058 4.575 7.050 5.544 3.994 4.075 5.350 6.931 5.063 +4,47% -26,96% 5.027 +3,37% -25,47% 4.891 +5,53% -28,55%
November 3.138 4.675 5.969 5.094 4.031 4.038 6.081 6.550 5.575 +10,12% -14,89% 5.803 +15,44% -7,75% 5.589 +14,29% -8,19%
December 3.138 4.706 5.263 4.963 4.000 4.044 6.219 6.306
Average* 3.244 3.499 5.900 6.015 4.411 3.645 4.996 7.149 5.247 5.043 4.911
Change (1) -27,40% +7,89% +68,59% +1,95% -26,67% -17,36% +37,06% +43,11% -27,39% -28,35% -24,95%
* Arithmetic Average
1) change from the same period of previous year
NOTE: Conversion in US$ of monthly average price of German Butter is calculated using the average exchange rate of the reference month.
  min price
  max price
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