What is the price of rapeseeds (canola) per kilogram/pound in Canada today?
The retail price range for Canada rapeseeds (canola) is between US$ 2.90 and US$ 3.87 per kilogram or between US$ 1.32 and US$ 1.75 per pound(lb). Click here to see today's exact prices of rapeseeds (canola) in Canada
The retail price range in Canadian Dollar for rapeseeds (canola) is between CAD 3.92 and CAD 5.22 per kilogram or between CAD 1.78 and CAD 2.37 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada rapeseeds (canola) is between US$ 2.03 and US$ 2.71 per kilogram or between US$ 0.92 and US$ 1.23 per pound(lb).
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Canada Rapeseeds (canola) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rapeseeds (Canola) from Canada over the last five years has been relatively stable. In 2017, the price was 0.43 US $ per kg, followed by 0.44 US $ per kg in 2018. In 2019, the price dropped to 0.39 US $ per kg, before increasing to 0.4 US $ per kg in 2020. The price then rose to 0.61 US $ per kg in 2021 and 0.77 US $ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Rapeseeds (Canola) from Canada will be 0.80 US $ per kg in 2023 and 0.83 US $ per kg in 2024.The Canada rapeseeds (canola) exports are categorised as:
- Rape or colza seeds, whether or not broken (HS code 120500)
- 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)
Canada Rapeseeds (canola) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rapeseeds (Canola) into Canada has seen a steady decline over the last five years. In 2012, the price was $0.63, dropping to $0.60 in 2013 and then to $0.48 in 2014. In 2015, the price decreased further to $0.42 and then to $0.40 in 2016. The price then increased slightly to $0.43 in 2017 and to $0.44 in 2018, before dropping to $0.39 in 2019 and then increasing to $0.40 in 2020. The price then rose again to $0.61 in 2021 and to $0.77 in 2022. Based on this trend, it is predicted that the import price per kilogram of Rapeseeds (Canola) into Canada will be $0.76 in 2023 and $0.90 in 2024.Export values for Canada rapeseeds (canola)
The total values in export for rapeseeds (canola) in Canada were US$ 4,277,141, US$ 5,051,977, US$ 4,497,330 and US$ 3,240,599 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 Canada: 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 North America: Canada rapeseeds (canola), US rapeseeds (canola), Anguilla rapeseeds (canola), Antigua and Barbuda rapeseeds (canola), Bermuda rapeseeds (canola), Bonaire, Sint Eustatius and Saba rapeseeds (canola), St.Pierre and Miquelon rapeseeds (canola), United States Minor Outlying Islands rapeseeds (canola), Cayman Islands rapeseeds (canola) & Greenland rapeseeds (canola).
Canada rapeseeds (canola) - Production, Exports, Imports, Seasons and HS Codes
The amount of rapeseeds (canola) sold by Canada in 2020 was 11,783,618 metric tonnes. In 2019 Canada shipped 8,309,447 tonnes of rapeseeds (canola). Across 2019 alone, the interest in Canada rapeseeds (canola) (oil seeds category) has decreased, changing by -19.408 % compared to the year 2018. Between 2017 and 2019, rapeseeds (canola)'s exports went down by -28.61 percent earning the country US$3,240.60m for the year 2019. Canada's rapeseeds (canola) exports are categorised as:
- Low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of < 2% and yielding a solid component of glucosinolates of < 30 micromoles/g" (HS code 120510)
- High erucic rape or colza seeds "yielding a fixed oil which has an erucic acid content of >= 2% and yielding a solid component of glucosinolates of >= 30 micromoles/g", whether or not broken (HS code 120590)
- Rape or colza seeds, whether or not broken (HS code 120500)
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Canada rapeseeds (canola) export values
In 2019, Canada sold rapeseeds (canola) with a value of 3,240.60m USD, a contraction of -27.94% from 2018's total rapeseeds (canola) export of 4497.33m USD. The annual reduction in value of Canada rapeseeds (canola) between 2017 to 2018 was -10.979 pc.
The yearly variation in the volume of Canada's rapeseeds (canola) exports between 2017 and 2019 was -28.61 per cent compared to a variation of -19.408% in the period between 2018 and 2019.
Canada's share of the world's total rapeseeds (canola)'s exports in 2019 was less than 1%. The country is ranked number 13 in world exports of rapeseeds (canola).
Export markets for Canada rapeseeds (canola) ( in '000$ )
Canada's best performing destinations for rapeseeds (canola) are China, Pakistan, United Arab Emirates (UAE), US and Belgium.
Import/Export Trends
Canada is a net exporter of rapeseeds (canola). The annual growth of Canada rapeseeds (canola) in value between 2015 to 2019 was -46%, per year, while annual growth in quantity for the same period was -44%, per annum.
Canada brought in 149,907 tonnes of rapeseeds (canola) in 2019.
Production
The production of rapeseeds (canola) in Canada was 55,946,400 tonnes in 2019 and is predicted to change by an average of -8.33%. The country had an estimated 24,957,600.00 hectares under rapeseeds (canola) cultivation.