Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Iran - 2022
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Iran (CIF) - 2022
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Iran (FOB) - 2022
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Iran
- Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Iran
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Iran (CIF) - 2022
In 2022, the average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $9,168 per ton, picking up by 11% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% 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 increased by +47.5% against 2017 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 61%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($27,092 per ton), while the price for India ($962 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+21.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Iran (FOB) - 2022
In 2021, the average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $2,658 per ton, surging by 15% 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 the United Arab Emirates.
From 2015 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to +15.0% per year.
Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Iran
In 2022, overseas purchases of fats and oils and their fractions; of fish, (excluding liver-oils)s were finally on the rise to reach 158 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a significant decline.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s skyrocketed to $1.4M in 2022. Over the period under review, imports, however, continue to indicate a significant decline.
| Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1,211 | 459 | 254 | 539 | -23.6% |
| Iceland | 535 | 350 | 146 | 309 | -16.7% |
| Turkey | 113 | 149 | 61.6 | 131 | 5.1% |
| China | 701 | 665 | 5.5 | 112 | -45.7% |
| Switzerland | 160 | 108 | 42.1 | 83.2 | -19.6% |
| India | 164 | 79.8 | 33.9 | 73.3 | -23.5% |
| France | 129 | 32.1 | 1.1 | 4.8 | -66.6% |
| Others | 405 | 259 | 247 | 194 | -21.8% |
| Total | 3,419 | 2,102 | 791 | 1,446 | -24.9% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Iran in 2022:
- India (76.2 tons)
- Iceland (34.1 tons)
- United Arab Emirates (20.3 tons)
- Turkey (14.2 tons)
- China (4.1 tons)
- Switzerland (3.4 tons)
- France (1.5 tons)
Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Iran
In 2021, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s from Iran dropped markedly to 453 kg, which is down by -81.5% compared with the year before. In general, exports faced a sharp downturn.
In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s shrank rapidly to $1.2K in 2021. Over the period under review, exports saw a sharp shrinkage.
| Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| United Arab Emirates | 5.7 | 1.2 | -78.9% | ||
| Others | N/A | N/A | 0% | ||
| Total | 5.7 | 1.2 | -78.9% | ||
Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Iran in 2022:
- United Arab Emirates (453.0 kg)
286
This report provides an in-depth analysis of the market for fish fat and oil in Iran.
741
This report provides an in-depth analysis of the global market for fish fat and oil.
286
This report provides an in-depth analysis of the market for fish fat and oil in Iran.
741
This report provides an in-depth analysis of the global market for fish fat and oil.
590
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.
590
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.
