What is the price of canola oil per kilogram/pound in Belarus today?
The retail price range for Belarus canola oil is between US$ 0.48 and US$ 2.38 per kilogram or between US$ 0.22 and US$ 1.08 per pound(lb). Click here to see today's exact prices of canola oil in Belarus
The retail price range in Belarusian Ruble for canola oil is between BYN 1.20 and BYN 6.02 per kilogram or between BYN 0.55 and BYN 2.73 per pound(lb) in Minsk and Barysaw.
Wholesale prices
In 2024, the approximate wholesale price range for Belarus canola oil is between US$ 0.33 and US$ 1.67 per kilogram or between US$ 0.15 and US$ 0.76 per pound(lb).
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Belarus canola oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Belarus shipped 272,947 tonnes of canola oil. For 2019 alone, the demand for Belarus canola oil (processed category) has surged, flactuating by 17.115 % compared to the year 2018. Between 2017 and 2019, canola oil's exports went up by 338.49% netting Belarus US$204.91m for the year 2019. Belarus' canola oil exports are classified as:
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%", crude (HS code 151411)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%" and mustard oil, crude (HS code 151491)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%", and mustard oil, and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151499)
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%" and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151419)
- Rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151490)
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Belarus canola oil export values
In 2019, Belarus supplied canola oil valued at 204.91m USD, an increase of 20.83% from 2018's total canola oil export of 169.587m USD. The yearly growth in value of Belarus canola oil between 2017 to 2018 was 254.443 percent.
The yearly change in the quantity of Belarus' canola oil exports between 2017 and 2019 was 338.49 percent when compared to a variation of 17.115% in the growth rate between 2018 and 2019.
Belarus' portion of the world's total canola oil's exports in 2019 was 6.8 percent. The country is ranked number 4 in world exports of canola oil.
Export markets for Belarus canola oil ( in '000$ )
Belarus' best performing export markets for canola oil are Russia, Norway, Lithuania, Poland and China.
Import/Export Trends
Belarus is a net exporter of canola oil. The annual growth of Belarus canola oil in value between 2015 to 2019 was 6%, per year, while annual growth in quantity for the same period was 2%, per annum.
Belarus bought 5,182 tonnes of canola oil in 2019.