Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Poland - 2023
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Poland (FOB) - 2022
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Poland (CIF) - 2023
- Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Poland
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Poland
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Poland (FOB) - 2022
The average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $2,210 per ton in 2022, surging by 17% against the previous year. Overall, the export price, however, showed a mild descent. The most prominent rate of growth was recorded in 2017 an increase of 32% against the previous year. As a result, the export price reached the peak level of $3,648 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($2,632 per ton), while the average price for exports to France ($1,092 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 Spain (+10.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Poland (CIF) - 2023
In September 2023, the average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $5,793 per ton, falling by -21.5% against the previous month. Over the period from December 2022 to September 2023, it increased at an average monthly rate of +2.6%. The most prominent rate of growth was recorded in August 2023 an increase of 46% m-o-m. As a result, import price reached the peak level of $7,375 per ton, and then dropped sharply in the following month.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was China ($21,800 per ton), while the price for Norway ($2,475 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Iceland (+4.1%), 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 Poland
For the fourth year in a row, Poland recorded growth in shipments abroad of fats and oils and their fractions; of fish, (excluding liver-oils)s, which increased by 52% to 8.8K tons in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 71%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s soared to $19M in 2022. In general, exports enjoyed a significant expansion. 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 Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | N/A | N/A | 0.1 | 4.5 | 4400.0% |
| Italy | 1.8 | 2.3 | 2.8 | 3.7 | 27.1% |
| Spain | 0.3 | 1.3 | 2.2 | 2.2 | 94.3% |
| Germany | 0.2 | 0.2 | 1.0 | 2.1 | 119.0% |
| United States | N/A | N/A | N/A | 1.8 | 0% |
| France | 0.1 | 0.4 | 0.5 | 1.0 | 115.4% |
| Others | 5.9 | 8.2 | 4.4 | 4.2 | -10.7% |
| Total | 8.3 | 12.4 | 11.0 | 19.4 | 32.7% |
Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Poland in 2022:
- Greece (2.8K tons)
- Italy (2.1K tons)
- Spain (1.1K tons)
- France (0.9K tons)
- Germany (0.8K tons)
- United States (0.7K tons)
Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Poland
Imports of fats and oils and their fractions; of fish, (excluding liver-oils)s into Poland soared to 7.2K tons in 2022, with an increase of 41% against 2021 figures. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.7% 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 +75.9% against 2019 indices. 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 $16M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.7 | 2.0 | 4.5 | 4.3 | -2.9% |
| Netherlands | 0.2 | 2.2 | 2.5 | 3.3 | 154.6% |
| Denmark | 0.1 | 1.0 | 1.8 | 2.5 | 192.4% |
| Latvia | N/A | N/A | N/A | 2.5 | 0% |
| Germany | 1.7 | 1.7 | 1.8 | 1.7 | 0.0% |
| Lithuania | N/A | N/A | N/A | 0.4 | 0% |
| Others | 4.0 | 3.8 | 1.2 | 1.6 | -26.3% |
| Total | 10.7 | 10.8 | 12.0 | 16.4 | 15.3% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Poland in 2022:
- Denmark (2.6K tons)
- Germany (1.7K tons)
- France (1.0K tons)
- Latvia (0.8K tons)
- Netherlands (0.7K tons)
- Lithuania (0.2K tons)
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This report provides an in-depth analysis of the market for fish fat and oil in Poland.
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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 Poland.
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.
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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.
