Between 2010 and 2020, the price per kilogram of Rape, Colza, and Mustard Oil in Lithuania exhibited fluctuations. Starting at €1.61 in 2010, it showed an increase to €1.7 in 2011, followed by a notable decline, reaching its lowest at €1.11 in 2014. From 2014 to 2018, the prices stabilized around €1.2, with a slight increase to €1.35 by 2020. The data suggests a resurgence in prices after 2018, likely influenced by market recuperation and demand stabilization.
For future trends, monitor factors such as geopolitical tensions, climate change impacts on oilseed production, and policy shifts in sustainable agricultural practices, which may influence price volatility and supply stability in the oil market.
