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

Contents:

  1. Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Austria (CIF) - 2023
  2. Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Austria (FOB) - 2022
  3. Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Austria
  4. Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Austria

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

The average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $14,547 per ton in August 2023, dropping by -36.9% against the previous month. Overall, the import price, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 336% against the previous month. Over the period under review, average import prices hit record highs at $23,042 per ton in July 2023, and then contracted significantly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($98,066 per ton), while the price for France ($7,665 per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+52.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $4,819 per ton in 2022, rising by 13% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 42%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($33,795 per ton), while the average price for exports to the Czech Republic ($2,805 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of fats and oils and their fractions; of fish, (excluding liver-oils)s imported into Austria amounted to 1.7K tons, stabilizing at the previous year's figure. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s rose markedly to $18M in 2022. The total import value increased at an average annual rate of +10.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 19%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11.011.012.812.74.9%
Netherlands0.91.21.82.438.7%
France0.90.60.61.16.9%
SwedenN/A0.60.80.922.5%
Spain0.1N/A0.20.226.0%
Others0.10.40.40.10.0%
Total13.113.916.617.510.1%

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

  1. Netherlands (706.9 tons)
  2. Germany (534.7 tons)
  3. France (207.3 tons)
  4. Spain (123.3 tons)
  5. Sweden (65.5 tons)

Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Austria

In 2022, shipments abroad of fats and oils and their fractions; of fish, (excluding liver-oils)s was finally on the rise to reach 58 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a precipitous decrease.

In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s surged to $279K in 2022. In general, exports, however, recorded a abrupt decline.

Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic12975.427.682.8-13.7%
Germany14.616.072.282.378.0%
IranN/A1.1N/A50.9580.2%
Switzerland23.168.62.136.816.8%
Slovenia1768.44.720.3-51.3%
Italy31.9N/AN/A2.4-57.8%
Sweden20.4N/AN/AN/A0%
Finland21.2N/AN/AN/A0%
Estonia87.0N/AN/AN/A0%
Others7.9N/A0.33.4-24.5%
Total512169107279-18.3%

Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Austria in 2022:

  1. Czech Republic (29.5 tons)
  2. Germany (13.6 tons)
  3. Slovenia (6.3 tons)
  4. Switzerland (6.3 tons)
  5. Iran (1.5 tons)
  6. Italy (0.1 tons)

Source: IndexBox Market Intelligence Platform

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