Butter Prices in New Zealand
| Variety | Market level | Price (US$/kg) | Local (NZD) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Export (unit value) | 7.75 | 12.33 | ▲ 16.1% | ▲ 16.1% | UN Comtrade (unit value) |
As of June 2026, the butter price in New Zealand available is US$ 7.75 per kg (12.33 NZD), up 16.1% year-on-year.
New Zealand is a major butter exporter, ranking #2 globally in 2024 with US$1.72 billion in exports (257,665 tonnes), accounting for 17.8% of world exports and showing a 13.1% year-on-year increase. The country produced 462,400 tonnes of butter in 2023, ranking #3 worldwide and contributing 7.9% to global output. The latest export unit value is US$7.7511 per kg.
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Butter Price History & Trend
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Production, Exports, Imports & HS Codes - butter in New Zealand
New Zealand is a major butter exporter, ranking #2 globally in 2024 with US$1.72 billion in exports (257,665 tonnes), accounting for 17.8% of world exports and showing a 13.1% year-on-year increase. The country produced 462,400 tonnes of butter in 2023, ranking #3 worldwide and contributing 7.9% to global output. The latest export unit value is US$7.7511 per kg.
Exports UN Comtrade · 2024
In 2024, New Zealand exported $1.72B (257.7 kt) of butter▲ 13.1% YoY. That ranks #2 worldwide (17.8% of global exports).
Export value by year (US$)
Export volume by year
Top butter exporters worldwide UN Comtrade · 2024
- #1 Ireland $1.78B · 18.4%
- #2 New Zealand $1.72B · 17.8%
- #3 Netherlands $1.38B · 14.3%
- #4 Germany $832.2M · 8.6%
- #5 France $784.9M · 8.1%
Annual export data New Zealand · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $1.72B | 257.7 kt | $6.68 |
| 2023 | $1.52B | 266.3 kt | $5.71 |
| 2022 | $1.59B | 255.2 kt | $6.22 |
| 2021 | $1.17B | 233.3 kt | $5.03 |
| 2020 | $994.4M | 231.3 kt | $4.3 |
Production FAOSTAT · 2023
New Zealand produced 462.4 kt of butter in 2023▲ 0.7% YoY. It ranks #3 among producing countries (7.9% of world output).
Production by year (tonnes)
HS Code
butter is traded under Harmonized System code 0405.10. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO). Values are official reported figures.