What is the price of rapeseeds (canola) per kilogram/pound in India today?
The retail price range for India rapeseeds (canola) is between US$ 4.13 and US$ 5.89 per kilogram or between US$ 1.87 and US$ 2.67 per pound(lb). Click here to see today's exact prices of rapeseeds (canola) in India
The retail price range in Indian Rupee for rapeseeds (canola) is between INR 341.78 and INR 488.25 per kilogram or between INR 155.00 and INR 221.43 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India rapeseeds (canola) is between US$ 2.89 and US$ 4.13 per kilogram or between US$ 1.31 and US$ 1.87 per pound(lb).
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India Rapeseeds (canola) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rapeseeds (Canola) from India over the last five years has been quite varied. In 2017, the price was 0.66 US $ per kg, followed by a sharp increase to 7.62 US $ per kg in 2018. This was followed by a decrease to 0.8 US $ per kg in 2019 and a further decrease to 0.21 US $ per kg in 2020. The price then increased to 1.0 US $ per kg in 2021. Based on this data, it is difficult to predict the prices for 2023 and 2024.The rapeseeds (canola) exports from India are classified as:
- 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)
- 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)
India Rapeseeds (canola) Import Prices - Historical, Trends and Prediction
The import price of Rapeseeds (Canola) into India over the last five years has been quite varied. In 2016, the price was 0.38 US$ per kg, followed by a significant increase to 7.62 US$ per kg in 2018. This was followed by a decrease to 0.8 US$ per kg in 2019 and a further decrease to 0.21 US$ per kg in 2020. The price then increased to 1.0 US$ per kg in 2021. Overall, the import price of Rapeseeds (Canola) into India has seen a decrease in the last five years. Based on this trend, it is predicted that the import price of Rapeseeds (Canola) into India in 2023 will be around 0.7 US$ per kg and in 2024 will be around 0.5 US$ per kg.Export values for India rapeseeds (canola)
The total values in export for rapeseeds (canola) in India were US$ 91, US$ 110, US$ 259 and US$ 16 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 India: 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 Asia: Kazakhstan rapeseeds (canola), Kyrgyzstan rapeseeds (canola), Tajikistan rapeseeds (canola), Turkmenistan rapeseeds (canola), Uzbekistan rapeseeds (canola), China rapeseeds (canola), Hong Kong rapeseeds (canola), Macao rapeseeds (canola), North Korea rapeseeds (canola) & Mongolia rapeseeds (canola).
India rapeseeds (canola) - Production, Exports, Imports, Seasons and HS Codes
In 2019 India shipped 10 tonnes of rapeseeds (canola). For the year 2019 alone, the demand for India rapeseeds (canola) (oil seeds category) has gone down, changing by -70.588 pc compared to the year 2018. Between 2017 and 2019, rapeseeds (canola)'s exports went down by -90.99% netting India US$0.02m for the year 2019. India's rapeseeds (canola) exports are classified as:
- Low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of < 2% and yielding a solid component of glucosinolates of < 30 micromoles/g" (HS code 120510)
- Rape or colza seeds, whether or not broken (HS code 120500)
- High erucic rape or colza seeds "yielding a fixed oil which has an erucic acid content of >= 2% and yielding a solid component of glucosinolates of >= 30 micromoles/g", whether or not broken (HS code 120590)
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India rapeseeds (canola) export values
In 2019, India shipped rapeseeds (canola) worth 0.02m USD, a contraction of -92.28% from 2018's total rapeseeds (canola) export of 0.259m USD. The annual change in value of India rapeseeds (canola) between 2017 to 2018 was 135.455 pc.
The per year variation in the volume of India's rapeseeds (canola) exports between 2017 and 2019 was -90.99 pc in comparison to a variation of -70.588% in the period between 2018 and 2019.
Export markets for India rapeseeds (canola) ( in '000$ )
India's best performing destinations for rapeseeds (canola) are Bangladesh, Myanmar, US, the Philippines and Cambodia.
India purchased 10 tonnes of rapeseeds (canola) in 2019.
Production
The production of rapeseeds (canola) in India was 27,766,980 tonnes in 2019 and is predicted to change by an average of 9.8%. The country had approximately 18,371,790.00 hectares under rapeseeds (canola) cultivation.