Price for Fats and Oils and Their Fractions; of Marine Mammals in Egypt - 2022

Contents:

  1. Price for Fats and Oils and Their Fractions; of Marine Mammals in Egypt (CIF) - 2022
  2. Imports of Fats and Oils and Their Fractions; of Marine Mammals in Egypt

Price for Fats and Oils and Their Fractions; of Marine Mammals in Egypt (CIF) - 2022

The average import price for fats and oils and their fractions; of marine mammalses stood at $5,750 per ton in 2022, falling by -68.9% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 212% against the previous year. As a result, import price reached the peak level of $18,478 per ton, and then shrank remarkably in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Iceland amounted to +4.5% per year.

Imports of Fats and Oils and Their Fractions; of Marine Mammals in Egypt

In 2022, overseas purchases of fats and oils and their fractions; of marine mammalses decreased by 99.9% to 4 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a precipitous shrinkage. The growth pace was the most rapid in 2021 when imports increased by 11%. As a result, imports reached the peak of 31 tons, and then declined markedly in the following year.

In value terms, imports of fats and oils and their fractions; of marine mammalses fell notably to $23 in 2022. Overall, imports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 248% against the previous year. As a result, imports attained the peak of $572K, and then dropped dramatically in the following year.

Import of Fats and Oils and Their Fractions; of Marine Mammals in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iceland88.2164260N/A71.7%
United StatesN/AN/AN/AN/A0%
OthersN/AN/A312N/A0%
Total88.2164572N/A154.7%

Top Suppliers of Fats and Oils and Their Fractions; of Marine Mammals to Egypt in 2022:

  1. United States (4.0 kg)

Source: IndexBox Market Intelligence Platform

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