Butter Oil Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Butter Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Butter Oil Price Trend for the Second Half of 2023

Butter oil markets were observed to be closely following the feedstock butter prices during the given period of H2’23. In the Asian markets, the prices started slow in July as the downstream demands were still muted in the summer months of the third quarter. However, as the fourth quarter began, the market offtakes picked up again. A pivotal surge in raw material milk prices also pushed the butter oil price graph upwards.

Butter Oil Price Chart

Butter Oil Price Trends

Please Login or Subscribe to Access the Butter Oil Price Chart Data

The market situation was not much different in the European and American markets as the prices here too varied in a similar manner. The third quarter was more muted than the fourth quarter. Festivals and holidays were also responsible for an increased butter oil demand from the food and beverage industries. Overall, positive market sentiments were witnessed.

Analyst Insight

According to Procurement Resource, since the dairy industry is struggling with required procurements, the Butter Oil price trends are likely to continue fluctuating going forward.

Butter Oil Price Trend for the First Half of 2023

The price trend for butter oil closely mimics that of its feedstock butter. The prices of butter oil remained fluctuating in the first half of 2023. Prices rose in the Asian market because of the rise in consumption. The Chinese buying sentiments rose in the post-lockdown world as more people switched to processed and packaged products.

On the other hand, the European and American markets experienced stable market sentiments after a long time. Given the unprecedented highs last year, the prices stabilized in the said period as supply chains and trade normalized. The increase in product availability lowered the upstream costs, eventually leading to lower prices. Further, the price trends for butter oil declined in the later Q2’23 as the supply overtook the downstream demand.

Analyst Insight

According to the Procurement Resource, Butter Oil price trends are expected to continue exhibiting mixed price patterns, as the end user consumption and market supply seem erratic.

Procurement Resource provides latest prices of Butter Oil. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Please Login or Subscribe to explore our dashboard.


Butter oil refers to the fat-concentrate that is derived primarily from butter or cream, practically by the elimination of all the water and nonfat solids. Butteroil is a rich source of vitamin K and is generally extracted from the milk of cattles fed with growing green grass and green leaves. It should contain at least 99.3% milk fat and has long shelf life than ghee or butter.

Product Details

Report Features Details
Product Name Butter oil
Industrial Uses Recombination with skimmed milk powder, Instant milk powder production, Baking, Chocolate manufacturing industry
Supplier Database Fonterra Co-operative Group, Dairy Farmers of America Inc, Hilmar Cheese Company, Inc, Lactalis Group, FrieslandCampina, Westland Milk Products
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production process

  • Production of Butter Oil via Centrifugation.

Butter Oil is oil derived from butter. In order to produce Butter Oil, melted butter is passed through a centrifuge and the milk solids are separated by centrifuging it and separating the oil directly from butter.


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.

Client's Satisfaction

Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.

Assured Quality

Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.

Related News

Table Of Contents

Our Clients


Get in Touch With Us


Phone:+1 307 363 1045


Phone: +91 1203185500


Phone: +44 7537 132103

Email: sales@procurementresource.com


Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences. See our Privacy PolicyFor more.