Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Spain - 2023
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Spain (CIF) - 2022
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Spain (FOB) - 2022
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Spain
- Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Spain
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Spain (CIF) - 2022
In 2022, the average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $1,760 per ton, picking up by 19% against the previous year. Over the last decade, it increased at an average annual rate of +4.0%. The pace of growth appeared the most rapid in 2014 an increase of 26%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($6,837 per ton), while the price for France ($893 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+9.9%), 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 Spain (FOB) - 2022
The average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $3,238 per ton in 2022, growing by 22% against the previous year. In general, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fats and oils and their fractions; of fish, (excluding liver-oils)s increased by +23.5% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 37%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($11,858 per ton), while the average price for exports to Greece ($2,190 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 the Netherlands (+20.6%), 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 Spain
For the fourth consecutive year, Spain recorded growth in overseas purchases of fats and oils and their fractions; of fish, (excluding liver-oils)s, which increased by 11% to 38K tons in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +14.3% 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 +49.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 21%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s soared to $67M in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 4.4 | 7.6 | 6.6 | 12.8 | 42.8% |
| China | 5.1 | 5.5 | 7.4 | 9.7 | 23.9% |
| France | 3.7 | 6.3 | 4.7 | 8.6 | 32.5% |
| Senegal | 1.9 | 0.3 | 0.5 | 5.8 | 45.1% |
| Netherlands | 0.5 | 1.1 | 2.9 | 5.1 | 116.9% |
| Germany | 2.5 | 2.0 | 4.2 | 4.5 | 21.6% |
| Mauritania | 0.4 | 0.3 | 2.2 | 3.4 | 104.1% |
| Portugal | 1.5 | 1.1 | 1.4 | 2.1 | 11.9% |
| Poland | 0.5 | 1.2 | 1.3 | 1.9 | 56.0% |
| Latvia | 0.2 | 0.7 | 0.2 | 1.7 | 104.1% |
| Mauritius | N/A | N/A | 0.8 | 1.4 | 75.0% |
| Peru | 0.6 | 0.7 | 2.6 | 1.4 | 32.6% |
| Morocco | 3.5 | 3.7 | 4.0 | 1.0 | -34.1% |
| Others | 7.8 | 6.7 | 12.0 | 7.9 | 0.4% |
| Total | 32.7 | 37.3 | 50.8 | 67.2 | 27.1% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Spain in 2022:
- France (9.7K tons)
- Norway (8.7K tons)
- Netherlands (3.7K tons)
- Germany (2.4K tons)
- Senegal (2.3K tons)
- Mauritania (1.5K tons)
- Portugal (1.4K tons)
- China (1.4K tons)
- Poland (1.0K tons)
- Latvia (0.8K tons)
- Mauritius (0.6K tons)
- Peru (0.6K tons)
- Morocco (0.4K tons)
Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Spain
Exports of fats and oils and their fractions; of fish, (excluding liver-oils)s from Spain expanded markedly to 15K tons in 2022, increasing by 8.3% on 2021. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 29%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s surged to $49M in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 35%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 1.9 | 4.7 | 6.0 | 12.3 | 86.4% |
| France | 6.8 | 4.9 | 7.9 | 9.3 | 11.0% |
| Italy | 5.8 | 5.1 | 5.5 | 8.8 | 14.9% |
| Netherlands | 3.0 | 2.8 | 3.5 | 6.2 | 27.4% |
| Germany | 2.3 | 3.1 | 7.3 | 3.3 | 12.8% |
| Portugal | 0.9 | 1.0 | 1.5 | 2.7 | 44.2% |
| Egypt | 0.4 | 0.9 | 0.7 | 0.6 | 14.5% |
| Others | 4.7 | 5.2 | 5.2 | 6.2 | 9.7% |
| Total | 25.9 | 27.8 | 37.5 | 49.5 | 24.1% |
Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Spain in 2022:
- Greece (5.6K tons)
- Italy (3.4K tons)
- France (3.2K tons)
- Germany (1.1K tons)
- Netherlands (0.5K tons)
- Portugal (0.5K tons)
- Egypt (0.3K tons)
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This report provides an in-depth analysis of the market for fish fat and oil in Spain.
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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 Spain.
742
This report provides an in-depth analysis of the global market for fish fat and oil.
593
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.
