Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Colombia - 2022
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Colombia (CIF) - 2022
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Colombia (FOB) - 2022
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Colombia
- Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Colombia
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Colombia (CIF) - 2022
The average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $2,500 per ton in February 2022, reducing by -5.6% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2021 an increase of 25% against the previous month. Over the period under review, average import prices reached the maximum at $2,647 per ton in January 2022, and then shrank in the following month.
There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was Peru ($7,454 per ton), while the price for Chile ($1,680 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Peru (+10.6%), 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 Colombia (FOB) - 2022
In 2022, the average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $207,150 per ton, increasing by 1,694% against the previous year. Overall, the export price enjoyed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +37.6% per year.
Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Colombia
In 2022, overseas purchases of fats and oils and their fractions; of fish, (excluding liver-oils)s decreased by -0.7% to 4K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 21% against the previous year.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s soared to $12M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1.1 | 1.6 | 2.0 | 3.1 | 41.3% |
| Ecuador | 1.8 | 2.0 | 2.1 | 2.3 | 8.5% |
| Morocco | N/A | 1.3 | 1.2 | 2.1 | 27.1% |
| Peru | 1.6 | 2.3 | 2.5 | 1.5 | -2.1% |
| Chile | 0.6 | 0.5 | 0.6 | 1.3 | 29.4% |
| Georgia | N/A | N/A | N/A | 0.4 | 0% |
| France | 0.5 | N/A | N/A | 0.2 | -26.3% |
| Others | 1.3 | 0.6 | 0.6 | 0.7 | -18.6% |
| Total | 6.9 | 8.2 | 9.0 | 11.7 | 19.2% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Colombia in 2022:
- Turkey (1032.7 tons)
- Ecuador (1024.6 tons)
- Morocco (763.2 tons)
- Chile (561.7 tons)
- Peru (347.6 tons)
- Georgia (119.5 tons)
- France (89.7 tons)
Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Colombia
Exports of fats and oils and their fractions; of fish, (excluding liver-oils)s from Colombia reduced notably to 380 kg in 2022, declining by -79.1% on 2021 figures. Overall, exports recorded a dramatic decrease. The smallest decline of -59.1% was in 2020.
In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s surged to $79K in 2022. In general, exports saw a dramatic contraction.
| Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 78.7 | 0% |
| Spain | N/A | 184 | N/A | N/A | 0% |
| Ecuador | 117 | N/A | N/A | N/A | 0% |
| Mexico | N/A | 57.4 | N/A | N/A | 0% |
| Honduras | 450 | N/A | N/A | N/A | 0% |
| Others | 0.3 | N/A | 20.9 | N/A | 734.7% |
| Total | 568 | 241 | 20.9 | 78.7 | -48.3% |
Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Colombia in 2022:
- China (380.0 kg)
420
This report provides an in-depth analysis of the market for fish fat and oil in Colombia.
741
This report provides an in-depth analysis of the global market for fish fat and oil.
420
This report provides an in-depth analysis of the market for fish fat and oil in Colombia.
741
This report provides an in-depth analysis of the global market for fish fat and oil.
589
Over the past decade, global production of fish fat and oil rose from 3.7M tons to 11.3M tons. In value terms, production expanded significantly from $6.5B to $16.7B estimated in export prices.
589
Over the past decade, global production of fish fat and oil rose from 3.7M tons to 11.3M tons. In value terms, production expanded significantly from $6.5B to $16.7B estimated in export prices.
