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
| Rating | Country |
|---|---|
| 1 | Norway |
| 2 | China |
| 3 | Japan |
| 4 | United States |
| 5 | India |
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
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Mauritania | 4705 | 2603 | 1443 | -44.6% |
| Norway | 2039 | 1881 | 1512 | -13.9% |
| Chile | 1826 | 1744 | 1687 | -3.9% |
| Belgium | 1921 | 2004 | 1841 | -2.1% |
| Morocco | 2153 | 1803 | 1930 | -5.3% |
| Mexico | 1602 | 1527 | 1988 | 11.4% |
| Denmark | 1631 | 1681 | 2018 | 11.2% |
| United States | 2380 | 2172 | 2183 | -4.2% |
| France | 2115 | 2246 | 2395 | 6.4% |
| Peru | 2505 | 2286 | 2580 | 1.5% |
| Iceland | 2116 | 2341 | 2675 | 12.4% |
| Netherlands | 3323 | 3235 | 3415 | 1.4% |
| China | 3864 | 5345 | 5453 | 18.8% |
| Average | 2169 | 2146 | 2184 | 0.3% |
Prices varied noticeably by the country of origin; the country with the highest price was China ($5,453 per ton), while Mauritania ($1,443 per ton) 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
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| United States | 6228 | 5664 | 4848 | -11.8% |
| China | 2673 | 3501 | 3235 | 10.0% |
| Netherlands | 2384 | 2262 | 3198 | 15.8% |
| Canada | 2785 | 3093 | 2830 | 0.8% |
| Japan | 2793 | 2576 | 2520 | -5.0% |
| Norway | 1869 | 1926 | 2255 | 9.8% |
| Denmark | 1705 | 1661 | 1942 | 6.7% |
| Belgium | 1809 | 1782 | 1912 | 2.8% |
| France | 2350 | 1941 | 1854 | -11.2% |
| Chile | 1398 | 1395 | 1671 | 9.3% |
| Spain | 1420 | 1629 | 1362 | -2.1% |
| Greece | 1342 | 1225 | 1228 | -4.3% |
| Turkey | 1453 | 1291 | 1172 | -10.2% |
| Average | 2138 | 2190 | 2278 | 3.2% |
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 ton), while Turkey ($1,172 per ton) 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
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| Norway | 0.4 | 0.4 | 0.5 | 11.5% |
| China | 0.1 | 0.2 | 0.3 | 49.4% |
| Denmark | 0.2 | 0.2 | 0.2 | 8.5% |
| Chile | 0.1 | 0.1 | 0.1 | 11.9% |
| Canada | 0.1 | 0.1 | 0.1 | 10.1% |
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
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| Peru | 0.4 | 0.4 | 0.4 | -3.6% |
| Denmark | 0.2 | 0.2 | 0.3 | 14.8% |
| Norway | 0.2 | 0.2 | 0.2 | 6.7% |
| Chile | 0.1 | 0.2 | 0.2 | 14.8% |
| United States | 0.2 | 0.2 | 0.2 | 0.0% |
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
Jun 1, 2023
550
This report provides an in-depth analysis of the global market for fish fat and oil.
Eastern Asia - Fish Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 1, 2023
383
This report provides an in-depth analysis of the market for fish fat and oil in Eastern Asia.
Central Asia - Fish Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 1, 2023
365
This report provides an in-depth analysis of the market for fish fat and oil in Central Asia.
Northern America - Fish Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 1, 2023
342
This report provides an in-depth analysis of the market for fish fat and oil in Northern America.
Africa - Fish Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 1, 2023
305
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
Jun 1, 2023
304
This report provides an in-depth analysis of the market for fish fat and oil in Australia and Oceania.
South-Eastern Asia - Fish Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 1, 2023
295
This report provides an in-depth analysis of the market for fish fat and oil in South-Eastern Asia.
Southern Asia - Fish Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 1, 2023
293
This report provides an in-depth analysis of the market for fish fat and oil in Southern Asia.
Latin America and the Caribbean - Fish Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights
$499
Jun 1, 2023
291
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
Jun 1, 2023
258
This report provides an in-depth analysis of the market for fish fat and oil in the Middle East.
