What is the price of rapeseeds (canola) per kilogram/pound in Kazakhstan today?
The retail price range for Kazakhstan rapeseeds (canola) is between US$ 2.15 and US$ 3.52 per kilogram or between US$ 0.98 and US$ 1.60 per pound(lb). Click here to see today's exact prices of rapeseeds (canola) in Kazakhstan
The retail price range in Tenge for rapeseeds (canola) is between KZT 965.63 and KZT 1,580.13 per kilogram or between KZT 437.93 and KZT 716.61 per pound(lb) in Nur-Sultan and Almaty.
Wholesale prices
In 2024, the approximate wholesale price range for Kazakhstan rapeseeds (canola) is between US$ 1.51 and US$ 2.47 per kilogram or between US$ 0.68 and US$ 1.12 per pound(lb).
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Kazakhstan Rapeseeds (canola) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rapeseeds (Canola) from Kazakhstan over the last five years has been relatively stable. In 2017, the price was 0.43 US $ per kg, followed by 0.43 US $ per kg in 2018 and 0.41 US $ per kg in 2019. In 2020, the price increased to 0.45 US $ per kg and in 2021 it further increased to 0.57 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Rapeseeds (Canola) from Kazakhstan in 2023 will be around 0.59 US $ per kg and in 2024 it will be around 0.62 US $ per kg.The Kazakhstan rapeseeds (canola) exports are categorised 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)
Kazakhstan Rapeseeds (canola) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rapeseeds (Canola) into Kazakhstan has been relatively stable over the last five years. In 2017, the price was 0.43 US $ per kg, followed by 0.43 US $ per kg in 2018. In 2019, the price dropped to 0.41 US $ per kg, before increasing to 0.45 US $ per kg in 2020. The most recent data shows that the price has risen to 0.57 US $ per kg in 2021. Based on the data, it is likely that the import price per kilogram of Rapeseeds (Canola) into Kazakhstan will continue to increase in the coming years. We can predict that the price will be 0.59 US $ per kg in 2023 and 0.61 US $ per kg in 2024.Export values for Kazakhstan rapeseeds (canola)
The total values in export for rapeseeds (canola) in Kazakhstan were US$ 30,408, US$ 53,603, US$ 64,446 and US$ 49,897 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 Kazakhstan: 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).
Kazakhstan rapeseeds (canola) - Production, Exports, Imports, Seasons and HS Codes
The volume of rapeseeds (canola) sold by Kazakhstan in 2020 was 42,041 tons. In 2019 Kazakhstan sold 122,982 tonnes of rapeseeds (canola). Through 2019 alone, the demand for Kazakhstan rapeseeds (canola) (oil seeds category) has gone down, with a change of -18.472 % compared to the year 2018. Between 2017 and 2019, rapeseeds (canola)'s exports decreased by -0.31% bringing the exporter US$49.90m for the year 2019. Kazakhstan's rapeseeds (canola) exports are classified as:
- Rape or colza seeds, whether or not broken (HS code 120500)
- High erucic rape or colza seeds "yielding a fixed oil which has an erucic acid content of >= 2% and yielding a solid component of glucosinolates of >= 30 micromoles/g", whether or not broken (HS code 120590)
- Low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of < 2% and yielding a solid component of glucosinolates of < 30 micromoles/g" (HS code 120510)
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Kazakhstan rapeseeds (canola) export values
In 2019, Kazakhstan supplied rapeseeds (canola) valued at 49.90m USD, a contraction of -22.57% from 2018's total rapeseeds (canola) export of 64.446m USD. The annual reduction in value of Kazakhstan rapeseeds (canola) between 2017 to 2018 was 20.228 percent.
The yearly change in the volume of Kazakhstan's rapeseeds (canola) exports between 2017 and 2019 was -0.31 percent compared to a variation of -18.472% in the period between 2018 and 2019.
Export markets for Kazakhstan rapeseeds (canola) ( in '000$ )
Kazakhstan's top export markets for rapeseeds (canola) are China, Turkey, Russia, Mongolia and Norway.
Kazakhstan ordered 11,010 tonnes of rapeseeds (canola) in 2019.
Production
The production of rapeseeds (canola) in Kazakhstan was 722,379 tonnes in 2019 and is predicted to change by an average of -38.94%. The country had approximately 807,279.00 hectares under rapeseeds (canola) cultivation.