What is the price of canola oil per kilogram/pound in South Africa today?
The retail price range for South Africa canola oil is between US$ 1.93 and US$ 1.93 per kilogram or between US$ 0.88 and US$ 0.88 per pound(lb). Click here to see today's exact prices of canola oil in South Africa
The retail price range in Rand for canola oil is between ZAR 37.52 and ZAR 37.52 per kilogram or between ZAR 17.01 and ZAR 17.01 per pound(lb) in Johannesburg and Cape Town.
Wholesale prices
In 2024, the approximate wholesale price range for South Africa canola oil is between US$ 1.35 and US$ 1.35 per kilogram or between US$ 0.61 and US$ 0.61 per pound(lb).
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South Africa Canola Oil Export Prices - Historical, Trends and Prediction
In the years 2015, 2016, 2017, 2018 and 2019, the export prices of Canola Oil from South Africa were US$ 1.52, US$ 1.46, US$ 1.48, US$ 1.50 and US$ 1.66 per Kg respectively. For 2021, the export price was US$ 1.94 per Kg. For 2023, the predicted export price is not available.
The South Africa 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, and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151499)
- 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)
- 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)
South Africa Canola Oil Import Prices - Historical, Trends and Prediction
The import price of Canola Oil into South Africa over the last five years has been relatively stable. In 2017, the price was $1.52 per kg, followed by $1.46 in 2018, $1.48 in 2019, $1.50 in 2020 and $2.04 in 2021. This indicates a slight increase in the price of Canola Oil over the last five years. Looking ahead, we can expect the price of Canola Oil to remain relatively stable in the next two years, with an estimated price of $1.86 per kg in 2022 and $1.88 per kg in 2023.Export values for South Africa canola oil
The total values in export for canola oil in South Africa were US$ 1,632, US$ 979, US$ 920 and US$ 697 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in South Africa: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of canola oil in other countries across Africa: Algeria canola oil, Angola canola oil, Botswana canola oil, Burundi canola oil, Cameroon canola oil, Cape Verde canola oil, Central African Republic canola oil, Comoros canola oil, DRC Congo canola oil & Benin canola oil.
South Africa canola oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 South Africa shipped 7,648,656 tonnes of canola oil. In 2019 alone, the demand for South Africa canola oil (processed category) has increased, with a change of 6.89 % compared to the year 2018. Between 2017 and 2019, canola oil's exports increased by 11.66 percent netting South Africa US$0.70m for the year 2019. South Africa's canola oil exports are categorised as:
- Rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151490)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%" and mustard oil, crude (HS code 151491)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%", and mustard oil, and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151499)
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%", crude (HS code 151411)
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%" and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151419)
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South Africa canola oil export values
In 2019, South Africa supplied canola oil costing 0.70m USD, a decrease of -23.91% from 2018's total canola oil export of 0.92m USD. The yearly change in value of South Africa canola oil between 2017 to 2018 was -6.027 per cent.
The per year change in the volume of South Africa's canola oil exports between 2017 and 2019 was 11.66 per cent in comparison to a variation of 6.89% in the period between 2018 and 2019.
South Africa's portion of the world's total canola oil's exports in 2019 was less than 1%. The country holds position 29 in world exports of canola oil.
Export markets for South Africa canola oil ( in '000$ )
South Africa's best performing export markets for canola oil are Kenya, Sri Lanka, Swaziland (Eswatini), Zimbabwe and Botswana.
Import/Export Trends
South Africa is a net exporter of canola oil. The annual growth of South Africa canola oil in value between 2015 to 2019 was 6%, per year, while annual growth in quantity through the same period was 4%, per annum.
South Africa ordered 6,544 tonnes of canola oil in 2019.