What is the price of canola oil per kilogram/pound in United Arab Emirates (UAE) today?
The retail price range for United Arab Emirates (UAE) canola oil is between US$ 1.93 and US$ 3.66 per kilogram or between US$ 0.88 and US$ 1.66 per pound(lb). Click here to see today's exact prices of canola oil in United Arab Emirates (UAE)
The retail price range in United Arab Emirates dirham for canola oil is between AED 7.09 and AED 13.45 per kilogram or between AED 3.22 and AED 6.10 per pound(lb) in Abu Dhabi and Dubai.
Wholesale prices
In 2024, the approximate wholesale price range for United Arab Emirates (UAE) canola oil is between US$ 1.35 and US$ 2.56 per kilogram or between US$ 0.61 and US$ 1.16 per pound(lb).
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United Arab Emirates (UAE) Canola Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Canola Oil from the United Arab Emirates (UAE) has seen a steady decline over the past five years. In 2017, the price was 0.84 US $ per kg, followed by 0.93 US $ per kg in 2018, 0.82 US $ per kg in 2019, 0.86 US $ per kg in 2020, and 1.13 US $ per kg in 2021. This indicates a downward trend in the export price of Canola Oil from the UAE. Based on this trend, it is predicted that the export price of Canola Oil from the UAE will be 0.78 US $ per kg in 2023 and 0.72 US $ per kg in 2024.The United Arab Emirates (UAE) canola oil exports are categorised 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, 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)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%" and mustard oil, crude (HS code 151491)
- Rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151490)
United Arab Emirates (UAE) Canola Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Canola Oil into the United Arab Emirates (UAE) has seen a steady decline over the past five years. In 2017, the price was $0.84, followed by $0.93 in 2018, $0.82 in 2019, and $0.86 in 2020. This year, 2021, the price has increased to $1.13. This is the highest price in the past five years. Looking ahead, we can predict that the import price of Canola Oil into the UAE will remain around the $1.13 mark in 2023 and 2024.Export values for United Arab Emirates (UAE) canola oil
The total values in export for canola oil in United Arab Emirates (UAE) were US$ 39,810, US$ 31,057, US$ 47,122 and US$ 214,856 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in United Arab Emirates (UAE): Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of canola oil in other countries across Middle East: Bahrain canola oil, Cyprus canola oil, Iraq canola oil, Israel canola oil, Jordan canola oil, Kuwait canola oil, Lebanon canola oil, Palestine canola oil, Oman canola oil & Qatar canola oil.
United Arab Emirates (UAE) canola oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 United Arab Emirates (UAE) sold 262,962 tonnes of canola oil. For 2019 alone, the demand for United Arab Emirates (UAE) canola oil (processed category) has improved, changing by 418.642 % compared to the year 2018. Between 2017 and 2019, canola oil's exports went up by 611.63% bringing United Arab Emirates (UAE) US$214.86m for the year 2019. United Arab Emirates (UAE)'s canola oil exports are classified as:
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%", crude (HS code 151411)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%" and mustard oil, crude (HS code 151491)
- High erucic acid rape or colza oil "fixed oil which has an erucic acid content of >= 2%", and mustard oil, and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151499)
- Low erucic acid rape or colza oil "fixed oil which has an erucic acid content of < 2%" and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151419)
- Rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151490)
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United Arab Emirates (UAE) canola oil export values
In 2019, United Arab Emirates (UAE) supplied canola oil costing 214.86m USD, an improvement of 355.97% from 2018's total canola oil export of 47.122m USD. The annual change in value of United Arab Emirates (UAE) canola oil between 2017 to 2018 was 51.727%.
The yearly change in the amount of United Arab Emirates (UAE)'s canola oil exports between 2017 and 2019 was 611.63 per cent when compared to a variation of 418.642% in the growth rate between 2018 and 2019.
United Arab Emirates (UAE)'s share of the world's total canola oil's exports in 2019 was less than 1%. United Arab Emirates (UAE) holds number 26 in world exports of canola oil.
Export markets for United Arab Emirates (UAE) canola oil ( in '000$ )
United Arab Emirates (UAE)'s top destinations for canola oil are China, Malaysia, India, Somalia and Yemen.
Import/Export Trends
United Arab Emirates (UAE) is a net importer of canola oil. The annual growth of United Arab Emirates (UAE) canola oil in value between 2015 to 2019 was 17%, per annum, while annual growth in quantity was 27%, per annum.
United Arab Emirates (UAE) brought in 6,148 tonnes of canola oil in 2019.