What is the price of rapeseeds (canola) per kilogram/pound in Lithuania today?
The retail price range for Lithuania rapeseeds (canola) is between US$ 0.87 and US$ 1.06 per kilogram or between US$ 0.39 and US$ 0.48 per pound(lb). Click here to see today's exact prices of rapeseeds (canola) in Lithuania
The retail price range in Euro for rapeseeds (canola) is between EUR 0.80 and EUR 0.98 per kilogram or between EUR 0.36 and EUR 0.45 per pound(lb) in Vilnius and Kauna.
Wholesale prices
In 2024, the approximate wholesale price range for Lithuania rapeseeds (canola) is between US$ 0.61 and US$ 0.75 per kilogram or between US$ 0.28 and US$ 0.34 per pound(lb).
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Prices of other produce in the Oil Seeds category in Lithuania: Linseed (Flax), Sunflower Seeds, Cotton Seeds, Castor (Ricinus) Seeds, Sesame Seeds, Mustard Seeds, Safflower, Melon Seeds, Poppy Seeds & Shea Nuts.
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Lithuania rapeseeds (canola) - Production, Exports, Imports, Seasons and HS Codes
The amount of rapeseeds (canola) exported by Lithuania in 2020 was 674,491 tonnes. In 2019 Lithuania exported 319,785 tonnes of rapeseeds (canola). In 2019 alone, the interest in Lithuania rapeseeds (canola) (oil seeds category) has increased, recording a change of 54.643 pc compared to the year 2018. Between 2017 and 2019, rapeseeds (canola)'s exports went up by 40.37% bringing Lithuania US$135.45m for the year 2019. Lithuania's rapeseeds (canola) exports are categorised as:
- Low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of < 2% and yielding a solid component of glucosinolates of < 30 micromoles/g" (HS code 120510)
- Rape or colza seeds, whether or not broken (HS code 120500)
- High erucic rape or colza seeds "yielding a fixed oil which has an erucic acid content of >= 2% and yielding a solid component of glucosinolates of >= 30 micromoles/g", whether or not broken (HS code 120590)
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Lithuania rapeseeds (canola) export values
In 2019, Lithuania shipped rapeseeds (canola) costing 135.45m USD, a growth of 49.92% from 2018's total rapeseeds (canola) export of 90.347m USD. The yearly growth in value of Lithuania rapeseeds (canola) between 2017 to 2018 was -8.943 pc.
The annual/yearly variation in the volume of Lithuania's rapeseeds (canola) exports between 2017 and 2019 was 40.37 pc compared to a variation of 54.643% in the period between 2018 and 2019.
Lithuania's portion of the world's total rapeseeds (canola)'s exports in 2019 was less than 1%. The country holds number 19 in world exports of rapeseeds (canola).
Export markets for Lithuania rapeseeds (canola) ( in '000$ )
Lithuania's best performing export markets for rapeseeds (canola) are Latvia, Belgium, Denmark, Finland and Sweden.
Import/Export Trends
Lithuania is a net importer of rapeseeds (canola). The annual growth of Lithuania rapeseeds (canola) in value between 2015 to 2019 was 68%, per year, while annual growth in quantity through the same period was 106%, per annum.
Lithuania brought in 14,201 tonnes of rapeseeds (canola) in 2019.
Production
The production of rapeseeds (canola) in Lithuania was 2,077,440 tonnes in 2019 and is projected to change by an average of 58.86%. The country had an estimated 725,100.00 hectares under rapeseeds (canola) cultivation.