What is the price of canola oil per kilogram/pound in India today?
The retail price range for India canola oil is between US$ 0.69 and US$ 1.05 per kilogram or between US$ 0.31 and US$ 0.47 per pound(lb). Click here to see today's exact prices of canola oil in India
The retail price range in Indian Rupee for canola oil is between INR 56.92 and INR 86.59 per kilogram or between INR 25.82 and INR 39.27 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India canola oil is between US$ 0.48 and US$ 0.73 per kilogram or between US$ 0.22 and US$ 0.33 per pound(lb).
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India Canola Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Canola Oil from India over the last five years has been quite varied. In 2017, the price was 2.11 US $ per kg, followed by a decrease to 1.88 US $ per kg in 2018. In 2019, the price dropped further to 1.77 US $ per kg, before increasing to 1.91 US $ per kg in 2020. The highest price was recorded in 2021, at 2.35 US $ per kg. Based on this data, it is likely that the export price of Canola Oil from India will remain around the 2.00 US $ per kg mark in 2023 and 2024.The canola oil exports from India are categorised as:
- 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)
- 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)
- Rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151490)
India Canola Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Canola Oil into India over the last five years has been quite varied. In 2017, the price was 2.11 US dollars per kg, followed by a slight decrease to 1.88 US dollars per kg in 2018. In 2019, the price dropped further to 1.77 US dollars per kg, before rising again to 1.91 US dollars per kg in 2020. The most recent year, 2021, saw the highest price of 2.35 US dollars per kg. Based on this data, it is likely that the import price of Canola Oil into India will remain relatively stable in the next two years, with an estimated price of 2.20 US dollars per kg in 2023 and 2.25 US dollars per kg in 2024.Export values for India canola oil
The total values in export for canola oil in India were US$ 5,014, US$ 6,307, US$ 7,077 and US$ 7,221 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in India: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of canola oil in other countries across Asia: Kazakhstan canola oil, Kyrgyzstan canola oil, Tajikistan canola oil, Turkmenistan canola oil, Uzbekistan canola oil, China canola oil, Hong Kong canola oil, Macao canola oil, North Korea canola oil & Mongolia canola oil.
India canola oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 India exported 4,069 tonnes of canola oil. Across 2019 alone, the demand for India canola oil (processed category) has gone up, flactuating by 8.247 % compared to the year 2018. Between 2017 and 2019, canola oil's exports increased by 36.04 pc bringing the exporter US$7.22m for the year 2019. India's canola oil exports are classified as:
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%" and mustard oil, crude (HS code 151491)
- Rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151490)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%", and mustard oil, and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151499)
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%" and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151419)
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%", crude (HS code 151411)
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India canola oil export values
In 2019, India exported canola oil costing 7.22m USD, a surge of 2.02% from 2018's total canola oil export of 7.077m USD. The yearly increase in value of India canola oil between 2017 to 2018 was 12.209 per cent.
The yearly change in the volume of India's canola oil exports between 2017 and 2019 was 36.04 pc in comparison to a variation of 8.247% in the period between 2018 and 2019.
Export markets for India canola oil ( in '000$ )
India's best performing export markets for canola oil are US, Nepal, Australia, Sri Lanka and Ghana.
India ordered 4,069 tonnes of canola oil in 2019.