What is the price of rapeseeds (canola) per kilogram/pound in Japan today?
The retail price range for Japan rapeseeds (canola) is between US$ 0.44 and US$ 0.70 per kilogram or between US$ 0.20 and US$ 0.32 per pound(lb). Click here to see today's exact prices of rapeseeds (canola) in Japan
The retail price range in Yen for rapeseeds (canola) is between JPY 60.47 and JPY 96.75 per kilogram or between JPY 27.42 and JPY 43.88 per pound(lb) in Tokyo and Yokohama.
Wholesale prices
In 2024, the approximate wholesale price range for Japan rapeseeds (canola) is between US$ 0.31 and US$ 0.49 per kilogram or between US$ 0.14 and US$ 0.22 per pound(lb).
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Japan Rapeseeds (canola) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rapeseeds (Canola) from Japan over the last five years has been quite varied. In 2012, the price was 15.65 US dollars per kg. This dropped significantly to 0.62 US dollars per kg in 2013, before increasing to 0.56 US dollars per kg in 2014. In 2016, the price skyrocketed to 1698.00 US dollars per kg, before dropping to 29.14 US dollars per kg in 2017. The price then increased again to 1408.00 US dollars per kg in 2018, before dropping to 1286.36 US dollars per kg in 2019. The price then increased to 1436.14 US dollars per kg in 2020, before dropping to 1243.00 US dollars per kg in 2021. Based on this data, it is likely that the export price per kilogram of Rapeseeds (Canola) from Japan in 2023 will be around 1250.00 US dollars per kg, and in 2024 will be around 1260.00 US dollars per kg.The rapeseeds (canola) exports from Japan are classified as:
- Low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of < 2% and yielding a solid component of glucosinolates of < 30 micromoles/g" (HS code 120510)
- High erucic rape or colza seeds "yielding a fixed oil which has an erucic acid content of >= 2% and yielding a solid component of glucosinolates of >= 30 micromoles/g", whether or not broken (HS code 120590)
- Rape or colza seeds, whether or not broken (HS code 120500)
Japan Rapeseeds (canola) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rapeseeds (Canola) into Japan has seen a significant fluctuation over the past five years. In 2012, the import price was 15.65 US dollars per kg. This dropped to 0.62 US dollars per kg in 2013, and then further to 0.56 US dollars per kg in 2014. However, in 2016, the import price rose dramatically to 1698.00 US dollars per kg. This was followed by a decrease to 29.14 US dollars per kg in 2017, and then another increase to 1408.00 US dollars per kg in 2018. The import price then dropped to 1286.36 US dollars per kg in 2019, before rising again to 1436.14 US dollars per kg in 2020. The most recent data shows that the import price has decreased to 1243.00 US dollars per kg in 2021. Based on the data, it is likely that the import price of Rapeseeds (Canola) into Japan will remain relatively stable in the next two years. We predict that the import price will be around 1250 US dollars per kg in 2023, and around 1260 US dollars per kg in 2024.Export values for Japan rapeseeds (canola)
The total values in export for rapeseeds (canola) in Japan were US$ 5,094, US$ 9,063, US$ 16,896 and US$ 18,009 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Oil Seeds category in Japan: Linseed (Flax), Sunflower Seeds, Cotton Seeds, Castor (Ricinus) Seeds, Sesame Seeds, Mustard Seeds, Safflower, Melon Seeds, Poppy Seeds & Shea Nuts.
See prices of rapeseeds (canola) in other countries across Asia: Kazakhstan rapeseeds (canola), Kyrgyzstan rapeseeds (canola), Tajikistan rapeseeds (canola), Turkmenistan rapeseeds (canola), Uzbekistan rapeseeds (canola), China rapeseeds (canola), Hong Kong rapeseeds (canola), Macao rapeseeds (canola), North Korea rapeseeds (canola) & Mongolia rapeseeds (canola).
Japan rapeseeds (canola) - Production, Exports, Imports, Seasons and HS Codes
The quantity of rapeseeds (canola) exported by Japan in 2020 was 7 metric tonnes. In 2019 Japan exported 14 tonnes of rapeseeds (canola). For the year 2019 alone, the interest in Japan rapeseeds (canola) (oil seeds category) has improved, recording a change of 16.667 percent compared to the year 2018. Between 2017 and 2019, rapeseeds (canola)'s exports decreased by -95.5 percent netting the exporter US$18.01m for the year 2019. Japan's rapeseeds (canola) exports are classified as:
- Rape or colza seeds, whether or not broken (HS code 120500)
- High erucic rape or colza seeds "yielding a fixed oil which has an erucic acid content of >= 2% and yielding a solid component of glucosinolates of >= 30 micromoles/g", whether or not broken (HS code 120590)
- Low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of < 2% and yielding a solid component of glucosinolates of < 30 micromoles/g" (HS code 120510)
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Japan rapeseeds (canola) export values
In 2019, Japan shipped rapeseeds (canola) valued at 18.01m USD, an increase of 6.59% from 2018's total rapeseeds (canola) export of 16.896m USD. The annual increase in value of Japan rapeseeds (canola) between 2017 to 2018 was 86.428 pc.
The annual/yearly variation in the volume of Japan's rapeseeds (canola) exports between 2017 and 2019 was -95.5 pc compared to a variation of 16.667% in the period between 2018 and 2019.
Japan's portion of the world's total rapeseeds (canola)'s exports in 2019 was less than 1%. Japan is ranked number 16 in world exports of rapeseeds (canola).
Export markets for Japan rapeseeds (canola) ( in '000$ )
Japan's best performing export markets for rapeseeds (canola) are Hong Kong, Brazil, China, South Korea and Vietnam.
Import/Export Trends
Japan is a net importer of rapeseeds (canola). The annual growth of Japan rapeseeds (canola) in value between 2015 to 2019 was 85%, per annum, while annual growth in quantity during the same period was 50%, per annum.
Japan procured 2,359,212 tonnes of rapeseeds (canola) in 2019.
Production
The production of rapeseeds (canola) in Japan was 12,390 tonnes in 2019 and is predicted to change by an average of 32.37%. The country had an estimated 5,700.00 hectares under rapeseeds (canola) cultivation.