Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Indonesia - 2022
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Indonesia (CIF) - 2022
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Indonesia (FOB) - 2022
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Indonesia
- Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Indonesia
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Indonesia (CIF) - 2022
The average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $1,752 per ton in March 2022, falling by -25.4% against the previous month. Over the period under review, import price indicated modest growth from March 2021 to March 2022: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, import price for fats and oils and their fractions; of fish, (excluding liver-oils)s increased by +10.2% against January 2022 indices. The pace of growth was the most pronounced in November 2021 an increase of 69% against the previous month. As a result, import price reached the peak level of $3,077 per ton. From December 2021 to March 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In March 2022, the country with the highest price was South Korea ($1,660 per ton), while the price for Japan ($1,503 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Chile (+2.3%), 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 Indonesia (FOB) - 2022
The average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $1,797 per ton in 2022, surging by 24% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 86% against the previous year. As a result, the export price reached the peak level of $3,165 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($3,003 per ton), while the average price for exports to Bangladesh ($1,000 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 Chile (+23.2%), 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 Indonesia
In 2022, the amount of fats and oils and their fractions; of fish, (excluding liver-oils)s imported into Indonesia dropped markedly to 7.2K tons, which is down by -17.3% compared with the year before. Over the period under review, imports recorded a deep setback. The smallest decline of -4.2% was in 2021.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s expanded modestly to $15M in 2022. Overall, imports recorded a abrupt downturn.
| Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 9.0 | 6.4 | 7.8 | 9.4 | 1.5% |
| Switzerland | 3.4 | 4.0 | 2.9 | 2.6 | -8.6% |
| Japan | 0.9 | 0.1 | 0.3 | 1.3 | 13.0% |
| Australia | 2.5 | 1.5 | 2.0 | 0.5 | -41.5% |
| South Korea | 0.2 | 1.5 | 0.6 | 0.5 | 35.7% |
| Vietnam | 0.5 | N/A | N/A | 0.1 | -41.5% |
| Norway | 1.3 | 0.2 | 0.5 | 0.1 | -57.5% |
| Others | 1.5 | 1.8 | 0.7 | 0.7 | -22.4% |
| Total | 19.2 | 15.4 | 14.9 | 15.1 | -7.7% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Indonesia in 2022:
- Chile (5348.6 tons)
- Japan (799.6 tons)
- Australia (307.1 tons)
- South Korea (273.6 tons)
- Switzerland (123.0 tons)
- Norway (44.4 tons)
- Vietnam (30.4 tons)
Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Indonesia
In 2022, shipments abroad of fats and oils and their fractions; of fish, (excluding liver-oils)s decreased by -18.9% to 1.3K tons, falling for the second year in a row after two years of growth. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,740%. As a result, the exports attained the peak of 2.6K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $2.3M in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,191%. As a result, the exports attained the peak of $3.9M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | 785 | 100 | 1,055 | 15.9% |
| Malaysia | 171 | 1,318 | 1,711 | 730 | 62.2% |
| Thailand | N/A | 329 | 326 | 164 | -29.4% |
| Peru | N/A | N/A | N/A | 124 | 0% |
| New Zealand | N/A | 79.6 | 72.9 | 110 | 17.6% |
| Chile | N/A | 1,296 | N/A | 49.3 | -80.5% |
| Vietnam | N/A | 62.9 | 92.2 | 40.9 | -19.4% |
| Others | N/A | 45.9 | N/A | 48.2 | 2.5% |
| Total | 171 | 3,916 | 2,303 | 2,321 | 138.5% |
Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Indonesia in 2022:
- Japan (593.0 tons)
- Malaysia (394.4 tons)
- Thailand (141.1 tons)
- New Zealand (60.0 tons)
- Peru (41.4 tons)
- Vietnam (20.6 tons)
- Chile (20.4 tons)
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This report provides an in-depth analysis of the market for fish fat and oil in Indonesia.
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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 Indonesia.
754
This report provides an in-depth analysis of the global market for fish fat and oil.
604
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.
