Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Uruguay - 2023

Contents:

  1. Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Uruguay (CIF) - 2022
  2. Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Uruguay

Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Uruguay (CIF) - 2022

In 2022, the average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $3,976 per ton, growing by 18% against the previous year. Overall, the import price recorded a strong increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 45% against the previous year. The import price peaked at $4,830 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Argentina.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +10.6% per year.

Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Uruguay

In 2022, purchases abroad of fats and oils and their fractions; of fish, (excluding liver-oils)s decreased by -38.3% to 7.9 tons, falling for the second year in a row after two years of growth. In general, imports saw a pronounced decline. The pace of growth was the most pronounced in 2020 when imports increased by 86%. As a result, imports attained the peak of 16 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s plummeted to $31K in 2022. Overall, imports saw a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year. As a result, imports reached the peak of $55K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina42.545.443.130.6-10.4%
ChileN/A9.9N/AN/A0%
OthersN/AN/AN/A0.80%
Total42.555.343.131.4-9.6%

Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Uruguay in 2022:

  1. Argentina (7.8 tons)

Source: IndexBox Market Intelligence Platform

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