< >

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 May 2024
6.350 / 7.050 +5,30% 5.858 / 6.504 +4,71%
Friday 10 May 2024
6.175 / 6.550 +1,80% 5.729 / 6.077 +1,19%
Friday 26 Apr 2024
6.100 / 6.400 -0,60% 5.693 / 5.973 -1,17%
Friday 12 Apr 2024
6.050 / 6.525 +1,62% 5.680 / 6.126 +3,13%
Friday 29 Mar 2024
6.050 / 6.325 -3,70% 5.596 / 5.851 -2,97%
Friday 15 Mar 2024
6.275 / 6.575 +3,42% 5.761 / 6.037 +2,67%
Friday 1 Mar 2024
5.875 / 6.550 +8,28% 5.433 / 6.058 +7,83%
Friday 16 Feb 2024
5.525 / 5.950 -1,92% 5.131 / 5.526 -0,88%
Friday 2 Feb 2024
5.675 / 6.025 -2,70% 5.215 / 5.536 -2,67%
Friday 19 Jan 2024
5.900 / 6.125 -0,82% 5.419 / 5.626 -0,52%
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
$/ton WESTERN EUROPE
Butter, 82% Butterfat
GERMANY
Deutsche Markenbutter, lose
ITALY
Butter Reg.CEE 1308/2013
2016 2017 2018 2019 2020 2021 2022 2023 2024 % on prev. month % on 2023 2024 % on prev. month % on 2023 2024 % on prev. month % on 2023
January 3.000 4.594 4.988 5.031 4.038 4.119 6.700 6.038 6.038 +0,52% 0,00% 5.935 -0,28% +16,08% 5.821 -0,54% +26,88%
February 2.963 4.325 5.263 5.094 3.938 4.269 6.894 5.275 5.794 -4,04% +9,83% 6.015 +1,36% +26,80% 5.789 -0,55% +32,31%
March 2.631 4.504 6.000 4.792 3.706 4.719 6.981 5.179 6.275 +8,31% +21,16% 6.279 +4,38% +23,65% 6.216 +7,39% +34,40%
April 2.617 4.819 6.544 4.681 2.650 4.875 7.675 5.231 6.269 -0,10% +19,83% 6.258 -0,34% +23,46% 6.059 -2,54% +33,74%
May 2.725 5.331 7.019 4.681 2.531 5.031 7.594 5.088 6.531 +4,19% +28,38% 6.535 +4,43% +31,28% 6.214 +2,57% +39,18%
June 2.875 6.250 7.163 4.481 2.756 5.131 7.919 5.244
July 3.288 7.063 6.688 4.213 3.808 4.688 7.538 5.144
August 3.719 7.556 6.513 3.954 4.063 4.669 7.419 5.031
September 4.221 8.075 6.406 3.975 4.094 4.800 7.288 4.846
October 4.575 7.050 5.544 3.994 4.075 5.350 6.931 5.063
November 4.675 5.969 5.094 4.031 4.038 6.081 6.550 5.575
December 4.706 5.263 4.963 4.000 4.044 6.219 6.306 6.006
Average* 3.499 5.900 6.015 4.411 3.645 4.996 7.149 5.310 6.181 6.204 6.020
Change (1) +7,89% +68,59% +1,95% -26,67% -17,36% +37,06% +43,11% -25,73% +15,28% +24,18% +33,28%
* Arithmetic Average
1) change from the same period of previous year
NOTE: Conversion in US$ of monthly average price of German Butter is calculated using the average exchange rate of the reference month.
  min price
  max price