Price for Canola Oil in South Korea

Get price analysis and market insights for South Korea Canola Oil with Tridge.

Export prices of Canola Oil in South Korea

Historical export price trends

The export prices of Canola Oil from South Korea have been on the rise over the past two years, driven by shifts in market supply and demand. In 2023, export prices ranged from $0.43 to $0.43 USD per kg. By 2024, these prices increased to a new range of $0.43 to $0.62 USD per kg, highlighting the continued growth in the export price of South Korea Canola Oil.

Year Year	Low price, USD/kg Low price, USD/kg	Low price, USD/lb Low price, USD/lb	High price, USD/kg High price, USD/kg	High price, USD/lb High price, USD/lb
2024	$0.43/kg	$0.19/lb	$0.62/kg	$0.28/lb
2023	$0.43/kg	$0.19/lb	$0.43/kg	$0.19/lb
2022	$0.32/kg	$0.15/lb	$0.39/kg	$0.18/lb

Recent export records

On 2024-10-13, Canola Oil reported as "OTTOGI CANOLA OIL" was exported by a company in South Korea to a company in Philippines.

See the table below for more recent transactions.

Date Date	Unit price Unit price	Reported product name Reported product name	Exporter Exporter	Origin Origin	Importer Importer	Destination Destination
2024-10-13	$000/kg	OTTOGI CANOLA OIL	Company name	South Korea	Company name	Philippines
2024-10-06	$000/kg	OTTOGI BEAN OIL, OTTOGI CORN OIL	Company name	South Korea	Company name	Philippines
2024-07-04	$000/kg	OTTOGI BEAN OIL, OTTOGI CORN OIL	Company name	South Korea	Company name	Philippines

To access detailed information, including unit prices and company names, get full access to our Transaction Data.

Import prices of Canola Oil in South Korea

Historical import price trends

The import price of Canola Oil to South Korea has fluctuated over the past two years, reflecting shifting market trends. In 2023, import prices ranged from $1.19 USD per kg to $3.68 USD per kg. By 2024, price volatility persisted, with prices continuing to vary between $1.11 USD and $4.87 USD per kg, indicating ongoing market instability for Canola Oil imports to South Korea.

Year Year	Low price, USD/kg Low price, USD/kg	Low price, USD/lb Low price, USD/lb	High price, USD/kg High price, USD/kg	High price, USD/lb High price, USD/lb
2024	$1.11/kg	$0.50/lb	$4.87/kg	$2.21/lb
2023	$1.19/kg	$0.54/lb	$3.68/kg	$1.67/lb
2022	$2.04/kg	$0.93/lb	$3.64/kg	$1.65/lb

Recent import records

On 2024-12-24, Canola Oil reported as “[정제,가공을거쳐야하는식품원료] 카놀라유__CRUDE SUPER DEGUMMED CANOLA OIL” was imported by a company in South Korea from a company in Australia.

See the table below for more recent transactions.

Date Date	Unit price Unit price	Reported product name Reported product name	Exporter Exporter	Origin Origin	Importer Importer	Destination Destination
2024-12-24	$000/kg	[정제,가공을거쳐야하는식품원료] 카놀라유__CRUDE SUPER DEGUMMED CANOLA OIL	Company name	Australia	Company name	South Korea
2024-12-23	$000/kg	[채종유(유채유 또는 카놀라유)] 카놀라유__CANOLA OIL	Company name	Spain	Company name	South Korea
2024-12-23	$000/kg	[정제,가공을거쳐야하는식품원료] 채종유__CRUDE SUPER DEGUMMED CANOLA OIL	Company name	Australia	Company name	South Korea

To access detailed information, including unit prices and company names, get full access to our Transaction Data.

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Market Brief | Instant insights

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Transaction Data | In-depth analysis

Access detailed transaction records and company analysis for Canola Oil, sourced from B/L and customs data. Monitor competitor activities, identify new trade partners, and analyze export/import prices. Use transaction data for deeper insights and more informed business decisions.

FAQ for Canola Oil price in South Korea

Where does Tridge source its price data?

Tridge gathers price data from over 400 trusted global sources, including government public sources, producers, traders, and local industry experts. We ensure data accuracy through both human oversight and cutting-edge AI technology, which helps manage missing values, detect outliers, and standardize currency and units.

How are the low and high prices for South Korea Canola Oil calculated?

The low and high prices are calculated from South Korea data for Canola Oil during the selected period, showing the typical price range after excluding outliers. Please note that trends may differ when analyzed in more detail, such as by product variety, company, or specific timeframes.

How much transaction data is there for Canola Oil in South Korea in Tridge?

We have 596 transaction records for Canola Oil in South Korea. Visit our About Transaction Data page to explore its features.