Retail Intelligence Mini Report: Butter/Margarine Feb-25

Market Trends: Tridge’s Top 20 Butter/Margarine analysis for Feb-25 reports that Mexico recorded the highest average price at USD 10.85 per 100 grams (g), likely due to its heavy reliance on imported products. In contrast, Australia with USD 0.77/100g, the United Kingdom (UK) with USD 1.09/100g, and France with USD 1.48/100g exhibited significantly lower prices, influenced by local production efficiency and strong market competition. A mid-range pricing cluster includes South Korea, Japan, and the United States (US), with prices ranging from USD 2.72/100g to USD 3.79/100g. At the higher end, China, Germany, and Italy recorded above-average prices, ranging from USD 4.21/100g to USD 4.56/100g.

Noteworthy Products: In the US, Augason Farms Butter Powder was outstanding for its durable No. 10 can packaging, designed for long-term storage. Made from high-grade steel, the airtight container ensures shelf stability and resilience, making it ideal for emergency preparedness and disaster situations.

Industry News: Held fortnightly, the Global Dairy Trade (GDT) auction on February 18, 2025 recorded a 0.6% decline in the global index, though butter prices rose by 2.2% to USD 7,378 per metric tons (mt). This could be attributed to production concerns. In the European Union (EU), butter production is expected to decline by 1% to 2.1 million metric tons (mmt) in 2025, as milk allocations favor cheese production. However, shifting health trends continue to suppress demand, with per capita consumption dropping to 4.1 kilograms (kg), down from 4.5 kg in 2020.