What is the price of rapeseeds (canola) per kilogram/pound in Finland today?
The retail price range for Finland rapeseeds (canola) is between US$ 0.46 and US$ 0.73 per kilogram or between US$ 0.21 and US$ 0.33 per pound(lb). Click here to see today's exact prices of rapeseeds (canola) in Finland
The retail price range in Euro for rapeseeds (canola) is between EUR 0.42 and EUR 0.68 per kilogram or between EUR 0.19 and EUR 0.31 per pound(lb) in Helsinki and Espoo.
Wholesale prices
In 2024, the approximate wholesale price range for Finland rapeseeds (canola) is between US$ 0.32 and US$ 0.51 per kilogram or between US$ 0.15 and US$ 0.23 per pound(lb).
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Finland Rapeseeds (canola) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rapeseeds (Canola) from Finland over the last five years has been quite volatile. In 2011, the price was 6.57 US dollars per kg, which dropped to 6.00 US dollars per kg in 2012. The price then dropped to 4.00 US dollars per kg in 2013, before increasing to 6.83 US dollars per kg in 2014. In 2015, the price dropped significantly to 0.91 US dollars per kg, before increasing to 2.33 US dollars per kg in 2016. The price then increased to 3.06 US dollars per kg in 2017 and 5.50 US dollars per kg in 2018. The price then dropped to 0.60 US dollars per kg in 2019, before increasing to 15.36 US dollars per kg in 2022. Based on this data, it is predicted that the export price per kilogram of Rapeseeds (Canola) from Finland in 2023 will be around 8.00 US dollars per kg, and in 2024 will be around 10.00 US dollars per kg.The Finland rapeseeds (canola) exports are categorised as:
- 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)
- 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)
Finland Rapeseeds (canola) Import Prices - Historical, Trends and Prediction
The import price of Rapeseeds (Canola) into Finland over the last five years has been quite volatile. In 2015, the price was at its lowest at 0.91 US $ per kg, before increasing to 2.33 US $ per kg in 2016. This was followed by a further increase to 3.06 US $ per kg in 2017 and 5.50 US $ per kg in 2018. The price then dropped to 0.60 US $ per kg in 2019 before rising to 15.36 US $ per kg in 2022. Based on this trend, it is likely that the import price of Rapeseeds (Canola) into Finland will continue to increase in the next two years, with an estimated price of 16.36 US $ per kg in 2023 and 17.36 US $ per kg in 2024.Export values for Finland rapeseeds (canola)
The total values in export for rapeseeds (canola) in Finland were US$ 527, US$ 199, US$ 99 and US$ 48 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 Finland: 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 Europe: Georgia rapeseeds (canola), Albania rapeseeds (canola), Belarus rapeseeds (canola), Bosnia and Herzegovina rapeseeds (canola), Bulgaria rapeseeds (canola), Croatia rapeseeds (canola), Czech Republic rapeseeds (canola), Estonia rapeseeds (canola), Greece rapeseeds (canola) & Hungary rapeseeds (canola).
Finland rapeseeds (canola) - Production, Exports, Imports, Seasons and HS Codes
The amount of rapeseeds (canola) sold by Finland in 2020 was 57 tonnes. In 2019 Finland exported 80 tonnes of rapeseeds (canola). Across 2019 alone, the interest in Finland rapeseeds (canola) (oil seeds category) has climbed, recording a change of 344.444 pc compared to the year 2018. Between 2017 and 2019, rapeseeds (canola)'s exports went up by 23.08 percent netting the exporter US$0.05m for the year 2019. Finland's rapeseeds (canola) exports are classified as:
- Rape or colza seeds, whether or not broken (HS code 120500)
- High erucic rape or colza seeds "yielding a fixed oil which has an erucic acid content of >= 2% and yielding a solid component of glucosinolates of >= 30 micromoles/g", whether or not broken (HS code 120590)
- Low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of < 2% and yielding a solid component of glucosinolates of < 30 micromoles/g" (HS code 120510)
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Finland rapeseeds (canola) export values
In 2019, Finland exported rapeseeds (canola) costing 0.05m USD, a reduction of -49.49% from 2018's total rapeseeds (canola) export of 0.099m USD. The annual change in value of Finland rapeseeds (canola) between 2017 to 2018 was -50.251 pc.
The annual variation in the volume of Finland's rapeseeds (canola) exports between 2017 and 2019 was 23.08 per cent compared to a variation of 344.444% in the period between 2018 and 2019.
Finland's portion of the world's total rapeseeds (canola)'s exports in 2019 was less than 1%. The country is ranked number 26 in world exports of rapeseeds (canola).
Export markets for Finland rapeseeds (canola) ( in '000$ )
Finland's leading export markets for rapeseeds (canola) are Estonia, Norway, Iceland, the Netherlands and Italy.
Finland procured 6 tonnes of rapeseeds (canola) in 2019.
Production
The production of rapeseeds (canola) in Finland was 125,700 tonnes in 2019 and is forecast to change by an average of -40.9%. The country had approximately 94,500.00 hectares under rapeseeds (canola) cultivation.