What is the price of rapeseeds (canola) per kilogram/pound in China today?
The retail price range for China rapeseeds (canola) is between US$ 4.16 and US$ 5.04 per kilogram or between US$ 1.89 and US$ 2.28 per pound(lb). Click here to see today's exact prices of rapeseeds (canola) in China
The retail price range in Yuan Renminbi for rapeseeds (canola) is between CNY 29.20 and CNY 35.32 per kilogram or between CNY 13.24 and CNY 16.02 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China rapeseeds (canola) is between US$ 2.92 and US$ 3.53 per kilogram or between US$ 1.32 and US$ 1.60 per pound(lb).
Related: Kenya Rapeseeds (Canola) prices, South Africa Rapeseeds (Canola) prices, Malaysia Rapeseeds (Canola) prices, Philippines Rapeseeds (Canola) prices, India Rapeseeds (Canola) prices, United Arab Emirates (UAE) Rapeseeds (Canola) prices, Canada Rapeseeds (Canola) prices, US Rapeseeds (Canola) prices, Australia Rapeseeds (Canola) prices, New Zealand Rapeseeds (Canola) prices, Germany Rapeseeds (Canola) prices, Netherlands Rapeseeds (Canola) prices, Spain Rapeseeds (Canola) prices, United Kingdom (UK) Rapeseeds (Canola) prices,
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China Rapeseeds (canola) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rapeseeds (Canola) from China over the last five years has been quite volatile. In 2017, the price was 2.97 US $ per kg, followed by a sharp increase to 5.34 US $ per kg in 2019. This was followed by a slight decrease to 3.96 US $ per kg in 2020 and then a further increase to 4.98 US $ per kg in 2021. The latest data shows that the export price per kilogram of Rapeseeds (Canola) from China is 5.82 US $ per kg in 2022. Based on the trend, it is predicted that the export price per kilogram of Rapeseeds (Canola) from China will be 6.76 US $ per kg in 2023 and 7.70 US $ per kg in 2024.The China rapeseeds (canola) exports 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)
- 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)
China Rapeseeds (canola) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rapeseeds (Canola) into China over the last five years has been quite volatile. In 2017, the price was $2.97, followed by a decrease to $2.30 in 2018. However, in 2019, the price rose to $5.34, and then dropped to $3.96 in 2020. The price then increased again to $4.98 in 2021 and $5.82 in 2022. Based on the data, it is likely that the import price per kilogram of Rapeseeds (Canola) into China will continue to increase in the next two years. We predict that the price will be $6.76 in 2023 and $7.70 in 2024.Export values for China rapeseeds (canola)
The total values in export for rapeseeds (canola) in China were US$ 15,760, US$ 3,712, US$ 3,760 and US$ 4,944 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 China: 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).
China rapeseeds (canola) - Production, Exports, Imports, Seasons and HS Codes
In 2019 China sold 992 tonnes of rapeseeds (canola). Across 2019 alone, the interest in China rapeseeds (canola) (oil seeds category) has reduced, changing by -39.216 % compared to the year 2018. Between 2017 and 2019, rapeseeds (canola)'s exports reduced by -20.51% earning the country US$4.94m for the year 2019. China's rapeseeds (canola) exports are categorised as:
- Low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of < 2% and yielding a solid component of glucosinolates of < 30 micromoles/g" (HS code 120510)
- High erucic rape or colza seeds "yielding a fixed oil which has an erucic acid content of >= 2% and yielding a solid component of glucosinolates of >= 30 micromoles/g", whether or not broken (HS code 120590)
- Rape or colza seeds, whether or not broken (HS code 120500)
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China rapeseeds (canola) export values
In 2019, China supplied rapeseeds (canola) with a value of 4.94m USD, an increment of 31.38% from 2018's total rapeseeds (canola) export of 3.76m USD. The yearly change in value of China rapeseeds (canola) between 2017 to 2018 was 1.293 pc.
The annual/yearly variation in the amount of China's rapeseeds (canola) exports between 2017 and 2019 was -20.51 percent compared to a variation of -39.216% in the period between 2018 and 2019.
China's portion of the world's total rapeseeds (canola)'s exports in 2019 was 1.3%. The country holds position 9 in world exports of rapeseeds (canola).
Export markets for China rapeseeds (canola) ( in '000$ )
China's top export markets for rapeseeds (canola) are United Kingdom (UK), Myanmar, Canada, Pakistan and South Korea.
Import/Export Trends
China is a net exporter of rapeseeds (canola). The annual growth of China rapeseeds (canola) in value between 2015 to 2019 was 9%, per year, while annual growth in quantity through the same period was 6%, per annum.
China bought 43,799,104 tonnes of rapeseeds (canola) in 2019.
Production
The production of rapeseeds (canola) in China was 647,265,792 tonnes in 2019 and is predicted to change by an average of 1.53%. The country had approximately 315,350,136.00 hectares under rapeseeds (canola) cultivation.