What is the price of rapeseeds (canola) per kilogram/pound in Germany today?
The retail price range for Germany rapeseeds (canola) is between US$ 1.60 and US$ 3.25 per kilogram or between US$ 0.73 and US$ 1.47 per pound(lb). Click here to see today's exact prices of rapeseeds (canola) in Germany
The retail price range in Euro for rapeseeds (canola) is between EUR 1.48 and EUR 3.00 per kilogram or between EUR 0.67 and EUR 1.36 per pound(lb) in Berlin and Leipzig.
Wholesale prices
In 2024, the approximate wholesale price range for Germany rapeseeds (canola) is between US$ 1.12 and US$ 2.27 per kilogram or between US$ 0.51 and US$ 1.03 per pound(lb).
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Germany Rapeseeds (canola) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rapeseeds (Canola) from Germany has seen a steady increase over the last five years. In 2017, the price was 1.16 US $ per kg, and in 2021 it had risen to 1.67 US $ per kg. The highest price was recorded in 2020, when it reached 3.31 US $ per kg. This was followed by a slight decrease in 2021 to 1.67 US $ per kg. Based on this trend, it is likely that the export price per kilogram of Rapeseeds (Canola) from Germany will continue to increase in the coming years. We can predict that the price in 2023 will be around 2.75 US $ per kg and in 2024 it will be around 3.15 US $ per kg.The exports of rapeseeds (canola) from Germany 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)
- 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)
Germany Rapeseeds (canola) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rapeseeds (Canola) into Germany has seen a steady increase over the last five years. In 2017, the price was $1.16, followed by $1.34 in 2018 and $1.97 in 2019. The highest price was recorded in 2020, at $3.31 per kilogram. This was followed by a slight decrease in 2021, to $1.67 per kilogram. The most recent data shows that the price has increased again, to $2.53 per kilogram in 2022. Based on this data, it is likely that the import price per kilogram of Rapeseeds (Canola) into Germany will continue to increase in the coming years. We can predict that the price in 2023 will be around $2.80 per kilogram, and in 2024 it will be around $3.10 per kilogram.Export values for Germany rapeseeds (canola)
The total values in export for rapeseeds (canola) in Germany were US$ 141,896, US$ 171,002, US$ 170,544 and US$ 130,364 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 Germany: 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).
Germany rapeseeds (canola) - Production, Exports, Imports, Seasons and HS Codes
The volume of rapeseeds (canola) exported by Germany in 2020 was 38,864 metric tons. In 2019 Germany shipped 66,302 tonnes of rapeseeds (canola). For 2019 alone, the market for Germany rapeseeds (canola) (oil seeds category) has gone down, recording a change of -48.983 % compared to the year 2018. Between 2017 and 2019, rapeseeds (canola)'s exports went down by -55.19% bringing the country US$130.36m for the year 2019. Germany's rapeseeds (canola) exports are categorised as:
- Rape or colza seeds, whether or not broken (HS code 120500)
- High erucic rape or colza seeds "yielding a fixed oil which has an erucic acid content of >= 2% and yielding a solid component of glucosinolates of >= 30 micromoles/g", whether or not broken (HS code 120590)
- Low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of < 2% and yielding a solid component of glucosinolates of < 30 micromoles/g" (HS code 120510)
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Germany rapeseeds (canola) export values
In 2019, Germany supplied rapeseeds (canola) with a value of 130.36m USD, a contraction of -23.56% from 2018's total rapeseeds (canola) export of 170.544m USD. The annual change in value of Germany rapeseeds (canola) between 2017 to 2018 was -0.26783312 percent.
The yearly change in the amount of Germany's rapeseeds (canola) exports between 2017 and 2019 was -55.19 percent in comparison to a variation of -48.983% in the period between 2018 and 2019.
Germany's portion of the world's total rapeseeds (canola)'s exports in 2019 was 2.6 pc. Germany is ranked position 6 in world exports of rapeseeds (canola).
Export markets for Germany rapeseeds (canola) ( in '000$ )
Germany's best performing destinations for rapeseeds (canola) are the Netherlands, Poland, Belgium, Denmark and France.
Import/Export Trends
Germany is a net importer of rapeseeds (canola). The annual growth of Germany rapeseeds (canola) in value between 2015 to 2019 was -33%, per year, while annual growth in quantity was -27%, per annum.
Germany bought 5,712,996 tonnes of rapeseeds (canola) in 2019.
Production
The production of rapeseeds (canola) in Germany was 8,490,600 tonnes in 2019 and is estimated to change by an average of -23.03%. The country had an estimated 2,570,400.00 hectares under rapeseeds (canola) cultivation.