Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Germany - 2023
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Germany (FOB) - 2023
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Germany (CIF) - 2022
- Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Germany
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Germany
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Germany (FOB) - 2023
The average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $4,925 per ton in September 2023, surging by 21% against the previous month. Over the period from December 2022 to September 2023, it increased at an average monthly rate of +6.6%. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 78% month-to-month. Over the period under review, the average export prices reached the maximum at $5,184 per ton in March 2023; however, from April 2023 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was South Korea ($31,054 per ton), while the average price for exports to Iceland ($3,083 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Germany (CIF) - 2022
The average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $3,178 per ton in 2022, falling by -4.8% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fats and oils and their fractions; of fish, (excluding liver-oils)s decreased by -16.1% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 46% against the previous year. As a result, import price reached the peak level of $3,789 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($26,000 per ton), while the price for Belgium ($1,402 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+32.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Germany
After three years of growth, shipments abroad of fats and oils and their fractions; of fish, (excluding liver-oils)s decreased by -31% to 14K tons in 2022. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 30%. As a result, the exports attained the peak of 20K tons, and then dropped rapidly in the following year.
In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s reduced slightly to $47M in 2022. The total export value increased at an average annual rate of +10.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, the exports reached the peak of $48M, and then reduced in the following year.
| Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 11.5 | 10.5 | 13.0 | 12.5 | 2.8% |
| Greece | 4.2 | 6.7 | 9.2 | 9.2 | 29.9% |
| France | 0.9 | 2.7 | 2.8 | 3.8 | 61.6% |
| Denmark | 5.4 | 4.1 | 4.9 | 3.7 | -11.8% |
| Spain | 2.5 | 2.2 | 2.9 | 2.3 | -2.7% |
| Czech Republic | 1.3 | 2.1 | 3.0 | 2.2 | 19.2% |
| Italy | 0.5 | 0.9 | 2.0 | 1.6 | 47.4% |
| Poland | 0.9 | 0.5 | 1.1 | 1.5 | 18.6% |
| Netherlands | 1.2 | 0.5 | 1.1 | 1.1 | -2.9% |
| Latvia | 0.4 | 0.3 | 0.9 | N/A | 50.0% |
| Others | 6.4 | 5.8 | 7.6 | 9.1 | 12.4% |
| Total | 35.2 | 36.3 | 48.4 | 46.9 | 10.0% |
Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Germany in 2022:
- Greece (5.1K tons)
- France (1.6K tons)
- Denmark (1.3K tons)
- Italy (1.1K tons)
- Czech Republic (1.1K tons)
- Spain (1.0K tons)
- Poland (0.5K tons)
- Netherlands (0.3K tons)
- Austria (0.3K tons)
Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Germany
For the fourth year in a row, Germany recorded growth in purchases abroad of fats and oils and their fractions; of fish, (excluding liver-oils)s, which increased by 15% to 8.7K tons in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s rose rapidly to $28M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.8% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 52%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.9 | 2.3 | 3.3 | 3.9 | 63.0% |
| Norway | 1.5 | 1.7 | 2.6 | 3.8 | 36.3% |
| Spain | 2.6 | 2.5 | 4.4 | 3.2 | 7.2% |
| Peru | 2.9 | 2.6 | 2.2 | 3.0 | 1.1% |
| Denmark | 0.1 | 0.6 | 1.5 | 2.8 | 203.7% |
| China | 2.0 | 0.8 | 2.0 | 1.9 | -1.7% |
| France | 1.9 | 1.8 | 1.8 | 1.8 | -1.8% |
| Seychelles | N/A | 1.8 | 2.7 | 1.5 | -8.7% |
| United Kingdom | 0.2 | N/A | 0.9 | 1.4 | 91.3% |
| Iceland | 1.1 | 0.9 | 1.7 | 1.3 | 5.7% |
| Thailand | 0.8 | 0.3 | 0.5 | 1.0 | 7.7% |
| Poland | 0.2 | 0.1 | 0.7 | 0.6 | 44.2% |
| Belgium | N/A | 0.5 | 0.1 | 0.3 | -22.5% |
| Others | 2.0 | 0.5 | 0.8 | 1.2 | -15.7% |
| Total | 16.1 | 16.6 | 25.2 | 27.6 | 19.7% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Germany in 2022:
- Norway (2089.7 tons)
- Netherlands (1536.2 tons)
- Denmark (1116.9 tons)
- United Kingdom (884.4 tons)
- Spain (627.4 tons)
- Peru (464.7 tons)
- France (334.8 tons)
- Poland (251.5 tons)
- China (241.9 tons)
- Seychelles (224.6 tons)
- Iceland (224.0 tons)
- Belgium (181.1 tons)
- Thailand (164.9 tons)
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This report provides an in-depth analysis of the market for fish fat and oil in Germany.
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This report provides an in-depth analysis of the global market for fish fat and oil.
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This report provides an in-depth analysis of the market for fish fat and oil in Germany.
739
This report provides an in-depth analysis of the global market for fish fat and oil.
586
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.
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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.
