What is the price of canola oil per kilogram/pound in Germany today?
The retail price range for Germany canola oil is between US$ 3.72 and US$ 8.98 per kilogram or between US$ 1.69 and US$ 4.07 per pound(lb). Click here to see today's exact prices of canola oil in Germany
The retail price range in Euro for canola oil is between EUR 3.44 and EUR 8.30 per kilogram or between EUR 1.56 and EUR 3.76 per pound(lb) in Berlin and Leipzig.
Wholesale prices
In 2024, the approximate wholesale price range for Germany canola oil is between US$ 2.60 and US$ 6.29 per kilogram or between US$ 1.18 and US$ 2.85 per pound(lb).
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Germany Canola Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Canola Oil from Germany over the last five years has seen a steady decline. In 2017, the price was 0.93 US $ per kg, dropping to 0.90 US $ per kg in 2018 and 2019. In 2020, the price increased slightly to 0.95 US $ per kg, before rising to 1.29 US $ per kg in 2021 and 1.68 US $ per kg in 2022. Based on this trend, it is likely that the export price per kilogram of Canola Oil from Germany will continue to increase in the next two years, with an estimated price of 1.71 US $ per kg in 2023 and 2.06 US $ per kg in 2024.The Germany canola oil exports are classified as:
- 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)
- 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, and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151499)
- Rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151490)
Germany Canola Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Canola Oil into Germany has seen a steady decline over the last five years. In 2012, the price was 1.28 US dollars per kg, and this decreased to 1.2 US dollars per kg in 2013. In 2014, the price dropped further to 1.0 US dollars per kg, and then to 0.82 US dollars per kg in 2015. In 2016, the price rose slightly to 0.85 US dollars per kg, before increasing to 0.93 US dollars per kg in 2017. The price then dropped to 0.9 US dollars per kg in both 2018 and 2019, before rising to 0.95 US dollars per kg in 2020. This year, 2021, the price has increased to 1.29 US dollars per kg, and is currently at 1.68 US dollars per kg. Based on this data, it is likely that the import price per kilogram of Canola Oil into Germany will remain steady in the next two years. We predict that the price will be 1.68 US dollars per kg in 2023, and 1.68 US dollars per kg in 2024.Export values for Germany canola oil
The total values in export for canola oil in Germany were US$ 970,991, US$ 1,049,242, US$ 806,189 and US$ 787,245 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Germany: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of canola oil in other countries across Europe: Georgia canola oil, Albania canola oil, Belarus canola oil, Bosnia and Herzegovina canola oil, Bulgaria canola oil, Croatia canola oil, Czech Republic canola oil, Estonia canola oil, Greece canola oil & Hungary canola oil.
Germany canola oil - Production, Exports, Imports, Seasons and HS Codes
The amount of canola oil shipped by Germany in 2020 was 1,102,399 metric tons. In 2019 Germany sold 876,103 tonnes of canola oil. In 2019 alone, the interest in Germany canola oil (processed category) has reduced, flactuating by -2.56 per cent compared to the year 2018. Between 2017 and 2019, canola oil's exports decreased by -22.35 pc netting the nation US$787.24m for the year 2019. Germany's canola oil exports are categorised as:
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%" and mustard oil, crude (HS code 151491)
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%", crude (HS code 151411)
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%" and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151419)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%", and mustard oil, and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151499)
- Rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151490)
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Germany canola oil export values
In 2019, Germany sold canola oil worth 787.24m USD, a reduction of -2.35% from 2018's total canola oil export of 806.189m USD. The yearly reduction in value of Germany canola oil between 2017 to 2018 was -23.165 pc.
The per year change in the quantity of Germany's canola oil exports between 2017 and 2019 was -22.35 pc compared to a variation of -2.56% in the period between 2018 and 2019.
Germany's portion of the world's total canola oil's exports in 2019 was 5.5 pc. Germany is ranked position 6 in world exports of canola oil.
Export markets for Germany canola oil ( in '000$ )
Germany's leading export markets for canola oil are the Netherlands, Belgium, Denmark, France and Poland.
Import/Export Trends
Germany is a net exporter of canola oil. The annual growth of Germany canola oil in value between 2015 to 2019 was 8%, per annum, while annual growth in quantity during the same period was 4%, per annum.
Germany ordered 260,518 tonnes of canola oil in 2019.