What is the price of canola oil per kilogram/pound in Bosnia and Herzegovina today?
The retail price range for Bosnia and Herzegovina canola oil is between US$ 3.04 and US$ 4.96 per kilogram or between US$ 1.38 and US$ 2.25 per pound(lb). Click here to see today's exact prices of canola oil in Bosnia and Herzegovina
The retail price range in Convertible Mark for canola oil is between BAM 5.49 and BAM 8.96 per kilogram or between BAM 2.49 and BAM 4.07 per pound(lb) in Sarajevo and Banja Luka.
Wholesale prices
In 2024, the approximate wholesale price range for Bosnia and Herzegovina canola oil is between US$ 2.13 and US$ 3.47 per kilogram or between US$ 0.97 and US$ 1.57 per pound(lb).
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Bosnia and Herzegovina canola oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Bosnia and Herzegovina sold 1,764 tonnes of canola oil. For the year 2019 alone, the market for Bosnia and Herzegovina canola oil (processed category) has improved, flactuating by 15.445 % compared to the year 2018. Between 2017 and 2019, canola oil's exports grew by 14.25 pc netting the country US$1.60m for the year 2019. Bosnia and Herzegovina's canola oil exports are categorised as:
- Rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151490)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%", and mustard oil, and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151499)
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%", crude (HS code 151411)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%" and mustard oil, crude (HS code 151491)
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%" and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151419)
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Bosnia and Herzegovina canola oil export values
In 2019, Bosnia and Herzegovina sold canola oil costing 1.60m USD, a decrease of -14.44% from 2018's total canola oil export of 1.87m USD. The annual change in value of Bosnia and Herzegovina canola oil between 2017 to 2018 was 26.694%.
The annual/yearly change in the quantity of Bosnia and Herzegovina's canola oil exports between 2017 and 2019 was 14.25 per cent in comparison to a variation of 15.445% in the period between 2018 and 2019.
Bosnia and Herzegovina's share of the world's total canola oil's exports in 2019 was less than 1%. The country holds number 73 in world exports of canola oil.
Export markets for Bosnia and Herzegovina canola oil ( in '000$ )
Bosnia and Herzegovina's leading destinations for canola oil are Austria, Switzerland, Germany, Slovenia and Czech Republic.
Import/Export Trends
Bosnia and Herzegovina is a net importer of canola oil. The annual growth of Bosnia and Herzegovina canola oil in value between 2015 to 2019 was 44%, per year, while annual growth in quantity during the same period was 48%, per annum.
Bosnia and Herzegovina imported 28 tonnes of canola oil in 2019.