What is the price of rapeseeds (canola) per kilogram/pound in South Africa today?
The retail price range for South Africa rapeseeds (canola) is between US$ 2.94 and US$ 3.92 per kilogram or between US$ 1.33 and US$ 1.78 per pound(lb). Click here to see today's exact prices of rapeseeds (canola) in South Africa
The retail price range in Rand for rapeseeds (canola) is between ZAR 57.10 and ZAR 76.14 per kilogram or between ZAR 25.90 and ZAR 34.53 per pound(lb) in Johannesburg and Cape Town.
Wholesale prices
In 2024, the approximate wholesale price range for South Africa rapeseeds (canola) is between US$ 2.06 and US$ 2.74 per kilogram or between US$ 0.93 and US$ 1.24 per pound(lb).
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South Africa Rapeseeds (canola) Export Prices - Historical, Trends and Prediction
In 2021 the export price was US$ 3.13 per Kg. In 2020 the export price was US$ 2.08 per Kg. In 2019 the export price was US$ 2.06 per Kg. In 2018 the export price was US$ 2.07 per Kg. In 2017 the export price was US$ 2.08 per Kg. For 2023, the export price is currently unknown.
The South Africa rapeseeds (canola) exports are categorised as:
- 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)
- 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)
South Africa Rapeseeds (canola) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rapeseeds (Canola) into South Africa over the last five years has been quite volatile. In 2016, the price was 9.00 US dollars per kg, which was a significant increase from the 5.00 US dollars per kg in 2012. However, the price dropped to 3.54 US dollars per kg in 2014. In 2017, the price rose to 27.00 US dollars per kg, before dropping to 16.00 US dollars per kg in 2018. The price then increased to 24.00 US dollars per kg in 2019, before dropping to 11.67 US dollars per kg in 2020. The price then dropped to 0.65 US dollars per kg in 2021, before increasing to 0.79 US dollars per kg in 2022. Based on the data, it is predicted that the import price per kilogram of Rapeseeds (Canola) into South Africa in 2023 will be 0.93 US dollars per kg, and in 2024 will be 1.07 US dollars per kg.Export values for South Africa rapeseeds (canola)
The total values in export for rapeseeds (canola) in South Africa were US$ 18, US$ 27, US$ 32 and US$ 72 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Oil Seeds category in South Africa: Linseed (Flax), Sunflower Seeds, Cotton Seeds, Castor (Ricinus) Seeds, Sesame Seeds, Mustard Seeds, Safflower, Melon Seeds, Poppy Seeds & Shea Nuts.
See prices of rapeseeds (canola) in other countries across Africa: Algeria rapeseeds (canola), Angola rapeseeds (canola), Botswana rapeseeds (canola), Burundi rapeseeds (canola), Cameroon rapeseeds (canola), Cape Verde rapeseeds (canola), Central African Republic rapeseeds (canola), Comoros rapeseeds (canola), DRC Congo rapeseeds (canola) & Benin rapeseeds (canola).
South Africa rapeseeds (canola) - Production, Exports, Imports, Seasons and HS Codes
In 2019 South Africa shipped 21,159,543 tonnes of rapeseeds (canola). In 2019 alone, the market for South Africa rapeseeds (canola) (oil seeds category) has shrunk, with a change of -9.065 per cent compared to the year 2018. Between 2017 and 2019, rapeseeds (canola)'s exports decreased by -16.81 pc bringing South Africa US$0.07m for the year 2019. South Africa's rapeseeds (canola) exports are classified as:
- High erucic rape or colza seeds "yielding a fixed oil which has an erucic acid content of >= 2% and yielding a solid component of glucosinolates of >= 30 micromoles/g", whether or not broken (HS code 120590)
- Rape or colza seeds, whether or not broken (HS code 120500)
- Low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of < 2% and yielding a solid component of glucosinolates of < 30 micromoles/g" (HS code 120510)
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South Africa rapeseeds (canola) export values
In 2019, South Africa supplied rapeseeds (canola) valued at 0.07m USD, a growth of 118.75% from 2018's total rapeseeds (canola) export of 0.032m USD. The annual growth in value of South Africa rapeseeds (canola) between 2017 to 2018 was 18.519 pc.
The annual/yearly change in the volume of South Africa's rapeseeds (canola) exports between 2017 and 2019 was -16.81% compared to a variation of -9.065% in the period between 2018 and 2019.
Export markets for South Africa rapeseeds (canola) ( in '000$ )
South Africa's top destinations for rapeseeds (canola) are Lesotho, the Netherlands, Namibia, Mozambique and Malawi.
South Africa bought 374 tonnes of rapeseeds (canola) in 2019.
Production
The production of rapeseeds (canola) in South Africa was 285,000 tonnes in 2019 and is forecast to change by an average of -8.61%. The country had an estimated 222,000.00 hectares under rapeseeds (canola) cultivation.