Fish Fat and Oil Market

Fish fat and oil market: download the most recent data powered by an Ai-driven BI platform. Datasets cover market prices, imports, consumption, companies, production, trade, exports, and market size. Here is a breakdown by country, including the Middle East, Russia, EU, the U.S., the U.K., Africa, Latin America, and China. Market trends and forecast to 2030 are also featured in the snapshots.


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Fish Fat and Oil - World's Largest Markets

RatingCountry
1Norway
2China
3Japan
4United States
5India

In value terms, the largest fish fat and oil markets worldwide were Norway, China and Japan, with a combined 48% share of the global market.

Norway recorded the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while fish fat and oil market for the other global leaders experienced more modest paces of growth.

Fish Fat And Oil Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
Mauritania470526031443-44.6%
Norway203918811512-13.9%
Chile182617441687-3.9%
Belgium192120041841-2.1%
Morocco215318031930-5.3%
Mexico16021527198811.4%
Denmark16311681201811.2%
United States238021722183-4.2%
France2115224623956.4%
Peru2505228625801.5%
Iceland21162341267512.4%
Netherlands3323323534151.4%
China38645345545318.8%
Average2169214621840.3%

Prices varied noticeably by the country of origin; the country with the highest price was China ($5,453 per tonne), while Mauritania ($1,443 per tonne) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
United States622856644848-11.8%
China26733501323510.0%
Netherlands23842262319815.8%
Canada2785309328300.8%
Japan279325762520-5.0%
Norway1869192622559.8%
Denmark1705166119426.7%
Belgium1809178219122.8%
France235019411854-11.2%
Chile1398139516719.3%
Spain142016291362-2.1%
Greece134212251228-4.3%
Turkey145312911172-10.2%
Average2138219022783.2%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the United States ($4,848 per tonne), while Turkey ($1,172 per tonne) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Fish Fat and Oil - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Norway0.40.40.511.5%
China0.10.20.349.4%
Denmark0.20.20.28.5%
Chile0.10.10.111.9%
Canada0.10.10.110.1%

In value terms, Norway ($478M), China ($259M) and Denmark ($227M) constituted the countries with the highest levels of imports in 2020, with a combined 41% share of global imports. These countries were followed by Chile, Canada, the United States, the Netherlands, Turkey, France, Japan, Belgium, Greece and Spain, which together accounted for a further 36%.

Belgium (+140.9% per year) recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Fish Fat and Oil - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Peru0.40.40.4-3.6%
Denmark0.20.20.314.8%
Norway0.20.20.26.7%
Chile0.10.20.214.8%
United States0.20.20.20.0%

In value terms, the largest fish fat and oil supplying countries worldwide were Peru ($366M), Denmark ($304M) and Norway ($206M), with a combined 38% share of global exports. These countries were followed by Chile, the United States, China, Iceland, Morocco, the Netherlands, Mexico, France, Belgium and Mauritania, which together accounted for a further 41%.

China (+68.0% per year) recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Fish Fat and Oil - Market Forecast

Driven by increasing demand for fish fat and oil worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Fish Fat and Oil - Product Coverage

  • HS 150410 - Oils of fish; fish-liver oils and their fractions, whether or not refined, but not chemically modified
  • HS 150420 - Fats and oils and their fractions; of fish, (excluding liver-oils)
  • HS 150430 - Fats and oils and their fractions; of marine mammals
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World - Fish Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global market for fish fat and oil.

Central Asia - Fish Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for fish fat and oil in Central Asia.

Eastern Asia - Fish Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for fish fat and oil in Eastern Asia.

Southern Asia - Fish Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for fish fat and oil in Southern Asia.

South-Eastern Asia - Fish Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for fish fat and oil in South-Eastern Asia.

Africa - Fish Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for fish fat and oil in Africa.

Australia and Oceania - Fish Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for fish fat and oil in Australia and Oceania.

Northern America - Fish Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for fish fat and oil in Northern America.

Latin America and the Caribbean - Fish Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for fish fat and oil in Latin America and the Caribbean.

Middle East - Fish Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for fish fat and oil in the Middle East.

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