Margarine Prices in Singapore
| Variety | Market level | Price (US$/kg) | Local (SGD) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Export (unit value) | 3.13 | 4.21 | ▲ 3.5% | ▲ 3.5% | UN Comtrade (unit value) |
As of June 2026, the margarine price in Singapore available is US$ 3.13 per kg (4.21 SGD), up 3.5% year-on-year.
Singapore exported 10,456 tonnes of margarine in 2024, valued at US$32.77 million, ranking #17 among 106 global exporters and accounting for 1.7% of world exports. The country is a net exporter, with production in 2023 at 8,000 tonnes, representing 0.1% of global output. The latest export unit value is US$3.1341 per kg.
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Margarine Price History & Trend
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Production, Exports, Imports & HS Codes - margarine in Singapore
Singapore exported 10,456 tonnes of margarine in 2024, valued at US$32.77 million, ranking #17 among 106 global exporters and accounting for 1.7% of world exports. The country is a net exporter, with production in 2023 at 8,000 tonnes, representing 0.1% of global output. The latest export unit value is US$3.1341 per kg.
Exports UN Comtrade · 2024
In 2024, Singapore exported $32.8M (10.5 kt) of margarine▲ 1.4% YoY. That ranks #17 worldwide (1.7% of global exports).
Export value by year (US$)
Export volume by year
Top margarine exporters worldwide UN Comtrade · 2024
- #1 Poland $286.3M · 15.3%
- #2 Belgium $217.7M · 11.6%
- #3 Netherlands $115M · 6.1%
- #4 Indonesia $104.1M · 5.6%
- #5 Germany $94.9M · 5.1%
Annual export data Singapore · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $32.8M | 10.5 kt | $3.13 |
| 2023 | $32.3M | 10.7 kt | $3.03 |
| 2022 | $39M | 11.4 kt | $3.41 |
| 2021 | $30.2M | 10.9 kt | $2.78 |
| 2020 | $26.3M | 10.1 kt | $2.62 |
Production FAOSTAT · 2023
Singapore produced 8 kt of margarine in 2023▲ 0% YoY. It ranks #63 among producing countries (0.1% of world output).
Production by year (tonnes)
HS Code
margarine is traded under Harmonized System code 1517.10. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO). Values are official reported figures.