Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Mexico - 2023
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Mexico (FOB) - 2023
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Mexico (CIF) - 2023
- Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Mexico
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Mexico
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Mexico (FOB) - 2023
In July 2023, the average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $5,474 per ton, increasing by 6% against the previous month. Overall, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in February 2023 an increase of 49% against the previous month. The export price peaked in July 2023.
As there is only one major export destination, the average price level is determined by prices for Canada.
From January 2023 to July 2023, the rate of growth in terms of prices for Chile amounted to +53.0% per month.
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Mexico (CIF) - 2023
The average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $3,510 per ton in March 2023, picking up by 42% against the previous month. In general, import price indicated significant growth from February 2023 to March 2023: its price increased at an average monthly rate of +42.2% over the last one-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2023 figures, import price for fats and oils and their fractions; of fish, (excluding liver-oils)s increased by +42.2% against February 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was Peru ($11,236 per ton), while the price for the United States amounted to $2,690 per ton.
From February 2023 to March 2023, the most notable rate of growth in terms of prices was attained by the United States (0.0%), 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 Mexico
In 2022, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s from Mexico fell to 7.7K tons, shrinking by -12.5% against 2021 figures. In general, exports showed a deep setback.
In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s surged to $18M in 2022. The total export value increased at an average annual rate of +19.6% over the period from 2021 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached 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 Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Germany | N/A | 12.5 | 0% | ||
| Canada | 6.9 | 3.6 | -47.8% | ||
| United States | 1.4 | 2.0 | 42.9% | ||
| Chile | 7.0 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 15.2 | 18.1 | 19.1% | ||
Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Mexico in 2022:
- Germany (5.5K tons)
- Canada (1.3K tons)
- United States (0.9K tons)
Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Mexico
Imports of fats and oils and their fractions; of fish, (excluding liver-oils)s into Mexico surged to 1.1K tons in 2022, picking up by 2,830% compared with 2021 figures. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s surged to $2.6M in 2022. Over the period under review, imports saw significant growth.
| Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 365 | 3,501 | N/A | 1,953 | 74.9% |
| United States | N/A | N/A | 167 | 411 | 146.1% |
| Norway | 287 | N/A | 116 | 126 | -24.0% |
| Peru | 327 | 971 | N/A | 116 | -29.2% |
| Others | 26.1 | 222 | N/A | N/A | 750.6% |
| Total | 1,005 | 4,693 | 284 | 2,606 | 37.4% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Mexico in 2022:
- Chile (1019.5 tons)
- United States (85.3 tons)
- Peru (11.0 tons)
- Norway (10.3 tons)
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This report provides an in-depth analysis of the market for fish fat and oil in Mexico.
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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 Mexico.
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This report provides an in-depth analysis of the global market for fish fat and oil.
588
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.
