What is the price of canola oil per kilogram/pound in Russia today?
The retail price range for Russia canola oil is between US$ 2.41 and US$ 5.31 per kilogram or between US$ 1.10 and US$ 2.41 per pound(lb). Click here to see today's exact prices of canola oil in Russia
The retail price range in Russian ruble for canola oil is between RUB 194.56 and RUB 428.03 per kilogram or between RUB 88.24 and RUB 194.12 per pound(lb) in Moscow and St Petersburg.
Wholesale prices
In 2024, the approximate wholesale price range for Russia canola oil is between US$ 1.69 and US$ 3.72 per kilogram or between US$ 0.77 and US$ 1.69 per pound(lb).
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Russia canola oil - Production, Exports, Imports, Seasons and HS Codes
The amount of canola oil exported by Russia in 2020 was 685,985 metric tonnes. In 2019 Russia shipped 666,912 tonnes of canola oil. Through 2019 alone, the demand for Russia canola oil (processed category) has climbed, recording a change of 40.889 pc compared to the year 2018. Between 2017 and 2019, canola oil's exports grew by 125.42% netting the country US$514.25m for the year 2019. Russia's canola oil exports are classified as:
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%", crude (HS code 151411)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%" and mustard oil, crude (HS code 151491)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%", and mustard oil, and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151499)
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%" and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151419)
- Rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151490)
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Russia canola oil export values
In 2019, Russia shipped canola oil valued at 514.25m USD, an increase of 42.42% from 2018's total canola oil export of 361.088m USD. The yearly change in value of Russia canola oil between 2017 to 2018 was 51.327%.
The per year variation in the volume of Russia's canola oil exports between 2017 and 2019 was 125.42 per cent in comparison to a variation of 40.889% in the period between 2018 and 2019.
Russia's stake of the world's total canola oil's exports in 2019 was 1.2 pc. The country is ranked number 15 in world exports of canola oil.
Export markets for Russia canola oil ( in '000$ )
Russia's top export markets for canola oil are China, Norway, the Netherlands, Lithuania and Latvia.
Import/Export Trends
Russia is a net importer of canola oil. The annual growth of Russia canola oil in value between 2015 to 2019 was 1%, per year, while annual growth in quantity for the same period was -1%, per annum.
Russia procured 138,783 tonnes of canola oil in 2019.