What is the price of canola oil per kilogram/pound in Dominican Republic today?
The retail price range for Dominican Republic canola oil is between US$ 5.71 and US$ 17.14 per kilogram or between US$ 2.59 and US$ 7.77 per pound(lb). Click here to see today's exact prices of canola oil in Dominican Republic
The retail price range in Dominican peso for canola oil is between DOP 311.33 and DOP 935.03 per kilogram or between DOP 141.19 and DOP 424.05 per pound(lb) in Santo Domingo and Santiago de los Caballeros.
Wholesale prices
In 2024, the approximate wholesale price range for Dominican Republic canola oil is between US$ 3.99 and US$ 12.00 per kilogram or between US$ 1.81 and US$ 5.44 per pound(lb).
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Dominican Republic Canola Oil Export Prices - Historical, Trends and Prediction
The export price of Canola Oil from Dominican Republic has been relatively stable over the past five years. In 2016, the price per kilogram was 1.34 US dollars, which remained the same in 2017. In 2018, the price dropped slightly to 1.27 US dollars, before increasing to 1.5 US dollars in 2019. Based on this data, it is likely that the export price of Canola Oil from Dominican Republic will remain around 1.5 US dollars in the next few years, with a prediction of 1.5 US dollars for 2023 and 2024.Dominican Republic Canola Oil Import Prices - Historical, Trends and Prediction
The import price of Canola Oil into Dominican Republic has been relatively stable over the past five years. In 2016, the price per kilogram was $1.34, which remained the same in 2017. In 2018, the price dropped slightly to $1.27, before increasing to $1.50 in 2019. Based on this data, it is likely that the import price of Canola Oil into Dominican Republic will remain relatively stable in the coming years. Predicted prices for 2023 and 2024 are $1.50 and $1.51 respectively.Export values for Dominican Republic canola oil
The total values in export for canola oil in the Dominican Republic were US$ 1,016, US$ 1,065, US$ 1,192 and US$ 3 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Dominican Republic: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of canola oil in other countries across Caribbean: Aruba canola oil, Bahamas canola oil, Barbados canola oil, Cuba canola oil, Dominican Republic canola oil, Grenada canola oil, Guadeloupe canola oil, Haiti canola oil, Jamaica canola oil & Martinique canola oil.
Dominican Republic canola oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 The Dominican Republic exported 2 tonnes of canola oil. For the year 2019 alone, the interest in the Dominican Republic canola oil (processed category) has shrunk, flactuating by -99.787 per cent compared to the year 2018. Between 2017 and 2019, canola oil's exports reduced by -99.75% earning the nation US$0.00m for the year 2019. the Dominican Republic's canola oil exports are categorised as:
- Rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151490)
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%" and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151419)
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%", crude (HS code 151411)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%" and mustard oil, crude (HS code 151491)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%", and mustard oil, and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151499)
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Dominican Republic canola oil export values
In 2019, the Dominican Republic shipped canola oil worth 0.00m USD, a decrease of -100.00% from 2018's total canola oil export of 1.192m USD. The yearly change in value of the Dominican Republic canola oil between 2017 to 2018 was 11.925 percent.
The per year change in the amount of the Dominican Republic's canola oil exports between 2017 and 2019 was -99.75 per cent compared to a variation of -99.787% in the period between 2018 and 2019.
the Dominican Republic's stake of the world's total canola oil's exports in 2019 was less than 1%. The country holds number 83 in world exports of canola oil.
Export markets for Dominican Republic canola oil ( in '000$ )
Import/Export Trends
the Dominican Republic is a net importer of canola oil. The annual growth of the Dominican Republic canola oil in value between 2015 to 2019 was -22%, per year, while annual growth in quantity during the same period was -2%, per annum.
the Dominican Republic procured 4,484 tonnes of canola oil in 2019.