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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 3 Feb 2023
4.500 / 6.250 -9,47% 4.114 / 5.715 -10,39%
Friday 20 Jan 2023
4.975 / 6.900 -3,26% 4.595 / 6.374 -6,17%
Friday 6 Jan 2023
5.225 / 7.050 -1,41% 4.976 / 6.714 -0,26%
Friday 23 Dec 2022
5.400 / 7.050 -2,54% 5.084 / 6.637 -3,12%
Friday 9 Dec 2022
5.725 / 7.050 -2,48% 5.422 / 6.677 -4,18%
Friday 25 Nov 2022
5.925 / 7.175 0,00% 5.711 / 6.916 -0,65%
Friday 11 Nov 2022
5.925 / 7.175 -3,14% 5.748 / 6.961 -6,50%
Friday 28 Oct 2022
6.400 / 7.125 -4,75% 6.432 / 7.160 -6,99%
Friday 14 Oct 2022
6.650 / 7.550 -1,73% 6.844 / 7.770 -1,42%
Friday 30 Sep 2022
6.675 / 7.775 -1,53% 6.848 / 7.976 +0,55%
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
$/ton WESTERN EUROPE
Butter, 82% Butterfat
GERMANY
Deutsche Markenbutter, lose
ITALY
Butter Reg.CEE 1308/2013
2015 2016 2017 2018 2019 2020 2021 2022 2023 % on prev. month % on 2022 2023 % on prev. month % on 2022 2023 % on prev. month % on 2022
January 3.381 3.000 4.594 4.988 5.031 4.038 4.119 6.700 6.038 -4,26% -9,89% 5.113 -10,14% -22,69% 4.940 -14,39% -13,45%
February 3.619 2.963 4.325 5.263 5.094 3.938 4.269 6.894 5.375 -10,97% -22,03% 4.550 -11,00% -32,22% 4.577 -7,34% -20,11%
March 3.631 2.631 4.504 6.000 4.792 3.706 4.719 6.981
April 3.400 2.617 4.819 6.544 4.681 2.650 4.875 7.675
May 3.308 2.725 5.331 7.019 4.681 2.531 5.031 7.594
June 3.325 2.875 6.250 7.163 4.481 2.756 5.131 7.919
July 3.206 3.288 7.063 6.688 4.213 3.808 4.688 7.538
August 2.875 3.719 7.556 6.513 3.954 4.063 4.669 7.419
September 2.844 4.221 8.075 6.406 3.975 4.094 4.800 7.288
October 3.058 4.575 7.050 5.544 3.994 4.075 5.350 6.931
November 3.138 4.675 5.969 5.094 4.031 4.038 6.081 6.550
December 3.138 4.706 5.263 4.963 4.000 4.044 6.219 6.306
Average* 3.244 3.499 5.900 6.015 4.411 3.645 4.996 7.149 5.706 4.831 4.759
Change (1) -27,40% +7,89% +68,59% +1,95% -26,67% -17,36% +37,06% +43,11% -16,05% -27,49% -16,79%
* Arithmetic Average
1) change from the same period of previous year
NOTE: Conversion in US$ of monthly average price of German Butter is calculated using the average exchange rate of the reference month.
  min price
  max price