From 2011 to 2020, the price per kilogram of Rape, Colza, and Mustard Oil in Finland experienced a general decline, reaching its lowest in 2015 at 1.38 euros. However, prices gradually increased again, recovering to 1.57 euros by 2020. The year-on-year variation shows significant fluctuations primarily between 2014 and 2015 with a notable decline. Over the last five years, the compound annual growth rate indicates a steady increase back toward higher price levels.
Looking into the future, key trends to watch include the impact of global trade dynamics, potential shifts in agricultural supply chain practices due to sustainability initiatives, and consumer demand changes driven by nutritional awareness. As the global economy stabilizes post-COVID-19, price dynamics for these oils may experience adjustments accordingly.
