What is the price of canola oil per kilogram/pound in Lithuania today?
The retail price range for Lithuania canola oil is between US$ 4.79 and US$ 7.41 per kilogram or between US$ 2.17 and US$ 3.36 per pound(lb). Click here to see today's exact prices of canola oil in Lithuania
The retail price range in Euro for canola oil is between EUR 4.43 and EUR 6.85 per kilogram or between EUR 2.01 and EUR 3.10 per pound(lb) in Vilnius and Kauna.
Wholesale prices
In 2024, the approximate wholesale price range for Lithuania canola oil is between US$ 3.35 and US$ 5.19 per kilogram or between US$ 1.52 and US$ 2.35 per pound(lb).
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Lithuania canola oil - Production, Exports, Imports, Seasons and HS Codes
The amount of canola oil sold by Lithuania in 2020 was 18,690 metric tons. In 2019 Lithuania sold 18,089 tonnes of canola oil. Through 2019 alone, the market for Lithuania canola oil (processed category) has gone down, flactuating by -31.338 pc compared to the year 2018. Between 2017 and 2019, canola oil's exports went down by -48.09 percent netting the nation US$15.43m for the year 2019. Lithuania's canola oil exports are categorised as:
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%" and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151419)
- Rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151490)
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%", crude (HS code 151411)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%" and mustard oil, crude (HS code 151491)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%", and mustard oil, and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151499)
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Lithuania canola oil export values
In 2019, Lithuania exported canola oil worth 15.43m USD, a decrease of -34.12% from 2018's total canola oil export of 23.42m USD. The yearly reduction in value of Lithuania canola oil between 2017 to 2018 was -27.872%.
The yearly variation in the volume of Lithuania's canola oil exports between 2017 and 2019 was -48.09 per cent compared to a variation of -31.338% in the period between 2018 and 2019.
Lithuania's stake of the world's total canola oil's exports in 2019 was less than 1%. The country holds position 21 in world exports of canola oil.
Export markets for Lithuania canola oil ( in '000$ )
Lithuania's best performing destinations for canola oil are Latvia, Poland, Estonia, Sweden and Finland.
Import/Export Trends
Lithuania is a net exporter of canola oil. The annual growth of Lithuania canola oil in value between 2015 to 2019 was 2%, per annum, while annual growth in quantity was %, per annum.
Lithuania imported 111,092 tonnes of canola oil in 2019.