Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Japan - 2023
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Japan (FOB) - 2023
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Japan (CIF) - 2023
- Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Japan
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Japan
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Japan (FOB) - 2023
The average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $3,302 per ton in July 2023, which is down by -7.8% against the previous month. Over the period from November 2022 to July 2023, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 23% month-to-month. As a result, the export price attained the peak level of $4,227 per ton. From June 2023 to July 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($15,235 per ton), while the average price for exports to China ($568 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+9.6%), 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 Japan (CIF) - 2023
The average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $2,958 per ton in July 2023, picking up by 22% against the previous month. Overall, the import price, however, saw a abrupt slump. The growth pace was the most rapid in March 2023 when the average import price increased by 31% against the previous month. Over the period under review, average import prices attained the peak figure at $5,549 per ton in December 2022; however, from January 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($7,603 per ton), while the price for the Philippines ($1,849 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Russia (+9.8%), 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 Japan
After two years of decline, overseas shipments of fats and oils and their fractions; of fish, (excluding liver-oils)s increased by 169% to 26K tons in 2022. In general, exports showed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s surged to $65M in 2022. Over the period under review, exports continue to indicate a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 19.5 | 27.0 | 7.3 | 30.0 | 15.4% |
| Malaysia | 0.7 | N/A | 0.3 | 5.5 | 98.8% |
| Switzerland | 7.5 | 6.2 | 3.7 | 5.4 | -10.4% |
| Vietnam | 4.6 | 3.5 | 3.5 | 4.9 | 2.1% |
| Netherlands | 5.9 | 8.2 | 6.7 | 4.5 | -8.6% |
| South Korea | 2.1 | 0.8 | 0.7 | 2.7 | 8.7% |
| Taiwan (Chinese) | 0.3 | 0.6 | 2.0 | 2.6 | 105.4% |
| Canada | 1.3 | N/A | N/A | 2.2 | 19.2% |
| Indonesia | 0.9 | 0.1 | 0.4 | 1.3 | 13.0% |
| Others | 1.6 | 2.1 | 2.6 | 5.5 | 50.9% |
| Total | 44.4 | 48.5 | 27.4 | 64.7 | 13.4% |
Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Japan in 2022:
- Chile (12.8K tons)
- Malaysia (2.8K tons)
- Vietnam (2.6K tons)
- South Korea (2.0K tons)
- Taiwan (Chinese) (1.4K tons)
- Canada (1.1K tons)
- Indonesia (0.8K tons)
- Switzerland (0.5K tons)
- Netherlands (0.3K tons)
Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Japan
Imports of fats and oils and their fractions; of fish, (excluding liver-oils)s into Japan shrank remarkably to 17K tons in 2022, with a decrease of -28% on the previous year. Over the period under review, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 2% against the previous year. As a result, imports attained the peak of 23K tons, and then shrank notably in the following year.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s totaled $49M in 2022. In general, imports saw a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of 7.4% against the previous year.
| Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 16.0 | 8.4 | 11.7 | 23.3 | 13.3% |
| Chile | 12.7 | 14.7 | 16.7 | 8.7 | -11.8% |
| United States | 7.0 | 5.6 | 5.4 | 5.8 | -6.1% |
| Thailand | 6.7 | 8.5 | 7.2 | 5.6 | -5.8% |
| China | 3.6 | 1.9 | 2.1 | 3.0 | -5.9% |
| Others | 5.0 | 5.3 | 4.6 | 2.9 | -16.6% |
| Total | 51.1 | 44.4 | 47.7 | 49.3 | -1.2% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Japan in 2022:
- Peru (7.0K tons)
- Chile (6.0K tons)
- United States (1.5K tons)
- Thailand (1.0K tons)
- China (0.5K tons)
443
This report provides an in-depth analysis of the market for fish fat and oil in Japan.
743
This report provides an in-depth analysis of the global market for fish fat and oil.
443
This report provides an in-depth analysis of the market for fish fat and oil in Japan.
743
This report provides an in-depth analysis of the global market for fish fat and oil.
594
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.
594
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.
