What is the price of rapeseeds (canola) per kilogram/pound in US today?
The retail price range for US rapeseeds (canola) is between US$ 0.82 and US$ 1.90 per kilogram or between US$ 0.37 and US$ 0.86 per pound(lb). Click here to see today's exact prices of rapeseeds (canola) in US
The retail price range in Euro for rapeseeds (canola) is between EUR 0.75 and EUR 1.75 per kilogram or between EUR 0.34 and EUR 0.79 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US rapeseeds (canola) is between US$ 0.57 and US$ 1.33 per kilogram or between US$ 0.26 and US$ 0.60 per pound(lb).
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US Rapeseeds (canola) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rapeseeds (Canola) from the US over the last five years has seen a steady decline. In 2017, the price was 0.71 US dollars per kilogram, dropping to 0.58 US dollars per kilogram in 2019. However, the price has seen a slight increase in the last two years, reaching 0.68 US dollars per kilogram in 2021. Based on this trend, it is predicted that the export price per kilogram of Rapeseeds (Canola) from the US will be 0.72 US dollars in 2023 and 0.80 US dollars in 2024.The rapeseeds (canola) exports from US 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)
- 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)
US Rapeseeds (canola) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rapeseeds (Canola) into the US over the last five years has seen a steady decline. In 2017, the price was 0.71 US dollars per kg, dropping to 0.62 US dollars per kg in 2018. This downward trend continued in 2019, with the price falling to 0.58 US dollars per kg. However, in 2020, the price rose to 0.64 US dollars per kg, before increasing further to 0.68 US dollars per kg in 2021. The latest data shows that the import price per kilogram of Rapeseeds (Canola) into the US is 0.76 US dollars per kg in 2022. Based on this data, it is predicted that the import price per kilogram of Rapeseeds (Canola) into the US will remain steady at 0.76 US dollars per kg in 2023, and will increase slightly to 0.78 US dollars per kg in 2024.Export values for US rapeseeds (canola)
The total values in export for rapeseeds (canola) in US were US$ 107,025, US$ 97,161, US$ 132,388 and US$ 140,398 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 US: 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 North America: Canada rapeseeds (canola), US rapeseeds (canola), Anguilla rapeseeds (canola), Antigua and Barbuda rapeseeds (canola), Bermuda rapeseeds (canola), Bonaire, Sint Eustatius and Saba rapeseeds (canola), St.Pierre and Miquelon rapeseeds (canola), United States Minor Outlying Islands rapeseeds (canola), Cayman Islands rapeseeds (canola) & Greenland rapeseeds (canola).
US rapeseeds (canola) - Production, Exports, Imports, Seasons and HS Codes
The amount of rapeseeds (canola) sold by US in 2020 was 146,482 tons. In 2019 US shipped 243,361 tonnes of rapeseeds (canola). For the year 2019 alone, the demand for US rapeseeds (canola) (oil seeds category) has gone up, changing by 13.464 per cent compared to the year 2018. Between 2017 and 2019, rapeseeds (canola)'s exports increased by 77.06% earning the nation US$140.40m for the year 2019. US' rapeseeds (canola) exports are categorised as:
- Rape or colza seeds, whether or not broken (HS code 120500)
- Low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of < 2% and yielding a solid component of glucosinolates of < 30 micromoles/g" (HS code 120510)
- High erucic rape or colza seeds "yielding a fixed oil which has an erucic acid content of >= 2% and yielding a solid component of glucosinolates of >= 30 micromoles/g", whether or not broken (HS code 120590)
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US rapeseeds (canola) export values
In 2019, US supplied rapeseeds (canola) worth 140.40m USD, an increment of 6.05% from 2018's total rapeseeds (canola) export of 132.388m USD. The annual change in value of US rapeseeds (canola) between 2017 to 2018 was 36.256%.
The per year variation in the volume of US' rapeseeds (canola) exports between 2017 and 2019 was 77.06 percent in comparison to a variation of 13.464% in the period between 2018 and 2019.
US' share of the world's total rapeseeds (canola)'s exports in 2019 was less than 1%. US is ranked position 25 in world exports of rapeseeds (canola).
Export markets for US rapeseeds (canola) ( in '000$ )
US' top export markets for rapeseeds (canola) are Mexico, Canada, Australia, United Kingdom (UK) and Vietnam.
Import/Export Trends
US is a net importer of rapeseeds (canola). The annual growth of US rapeseeds (canola) in value between 2015 to 2019 was -51%, per year, while annual growth in quantity during the same period was -67%, per annum.
US ordered 507,254 tonnes of rapeseeds (canola) in 2019.
Production
The production of rapeseeds (canola) in US was 4,659,930 tonnes in 2019 and is predicted to change by an average of -5.5%. The country had an estimated 2,331,510.00 hectares under rapeseeds (canola) cultivation.