What is the price of canola oil per kilogram/pound in Pakistan today?
The retail price range for Pakistan canola oil is between US$ 0.86 and US$ 1.14 per kilogram or between US$ 0.39 and US$ 0.52 per pound(lb). Click here to see today's exact prices of canola oil in Pakistan
The retail price range in Pakistan Rupee for canola oil is between PKR 245.24 and PKR 326.98 per kilogram or between PKR 111.22 and PKR 148.29 per pound(lb) in Islamabad and Lahore.
Wholesale prices
In 2024, the approximate wholesale price range for Pakistan canola oil is between US$ 0.60 and US$ 0.80 per kilogram or between US$ 0.27 and US$ 0.36 per pound(lb).
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Pakistan Canola Oil Export Prices - Historical, Trends and Prediction
The export price of Canola Oil from Pakistan has seen a steady increase over the past five years. In 2018, the export price per kilogram was $1.45, which increased to $1.50 in 2019. In 2020, the price rose to $1.60, and in 2021 it further increased to $1.70. The most recent data shows that the export price per kilogram of Canola Oil from Pakistan was $1.80 in 2022. Overall, the export price of Canola Oil from Pakistan has increased by 24% over the past five years. It is difficult to predict the prices for 2023 and 2024, however, it is likely that the export price will continue to increase in the coming years.The canola oil exports from Pakistan 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)
- 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)
- Rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151490)
Pakistan Canola Oil Import Prices - Historical, Trends and Prediction
The import price of Canola Oil into Pakistan has seen a steady increase over the past five years. In 2018, the import price per kilogram was $0.45, which increased to $0.50 in 2019. In 2020, the price rose to $0.60, and in 2021 it further increased to $0.70. The most recent data shows that the import price per kilogram of Canola Oil into Pakistan was $0.80 in 2022. Overall, the import price of Canola Oil into Pakistan has increased by 77.78% over the past five years. This trend is likely to continue in the coming years, and it is predicted that the import price per kilogram of Canola Oil into Pakistan will reach $0.90 in 2023 and $1.00 in 2024.Export values for Pakistan canola oil
The total values in export for canola oil in Pakistan were US$ 275, US$ 520, US$ 295 and US$ 145 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Pakistan: 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.
Pakistan canola oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Pakistan sold 121 tonnes of canola oil. For 2019 alone, the interest in Pakistan canola oil (processed category) has shrunk, changing by -20.915 % compared to the year 2018. Between 2017 and 2019, canola oil's exports reduced by -46.7 percent bringing the nation US$0.14m for the year 2019. Pakistan's canola oil exports are categorised as:
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%" and mustard oil, crude (HS code 151491)
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%" and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151419)
- Rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151490)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%", and mustard oil, and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151499)
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%", crude (HS code 151411)
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Pakistan canola oil export values
In 2019, Pakistan supplied canola oil worth 0.14m USD, a drop of -52.54% from 2018's total canola oil export of 0.295m USD. The yearly reduction in value of Pakistan canola oil between 2017 to 2018 was -43.269 pc.
The annual/yearly change in the amount of Pakistan's canola oil exports between 2017 and 2019 was -46.7 pc compared to a variation of -20.915% in the period between 2018 and 2019.
Pakistan's share of the world's total canola oil's exports in 2019 was less than 1%. Pakistan is ranked position 77 in world exports of canola oil.
Export markets for Pakistan canola oil ( in '000$ )
Pakistan's leading destinations for canola oil are United Kingdom (UK), Afghanistan, Qatar, Japan and United Arab Emirates (UAE).
Import/Export Trends
Pakistan is a net importer of canola oil. The annual growth of Pakistan canola oil in value between 2015 to 2019 was -46%, per annum, while annual growth in quantity through the same period was -39%, per annum.
Pakistan brought in 258 tonnes of canola oil in 2019.