Price for Fats and Oils and Their Fractions; of Marine Mammals in Japan - 2023
Contents:
- Price for Fats and Oils and Their Fractions; of Marine Mammals in Japan (CIF) - 2022
- Imports of Fats and Oils and Their Fractions; of Marine Mammals in Japan
Price for Fats and Oils and Their Fractions; of Marine Mammals in Japan (CIF) - 2022
In 2022, the average import price for fats and oils and their fractions; of marine mammalses amounted to $8,709 per ton, approximately mirroring the previous year. Over the period under review, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2015 an increase of 14%. The import price peaked at $14,927 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to +0.1% per year.
Imports of Fats and Oils and Their Fractions; of Marine Mammals in Japan
In 2022, approx. 475 kg of fats and oils and their fractions; of marine mammalses were imported into Japan; reducing by -99.1% compared with the previous year's figure. In general, imports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 40% against the previous year.
In value terms, imports of fats and oils and their fractions; of marine mammalses contracted dramatically to $4.1K in 2022. Overall, imports recorded a dramatic contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year.
| Import of Fats and Oils and Their Fractions; of Marine Mammals in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 47.8 | 48.5 | 482 | 4.1 | -55.9% |
| Norway | 297 | 337 | N/A | N/A | 13.5% |
| Iceland | 2,567 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2,912 | 386 | 482 | 4.1 | -88.8% |
Top Suppliers of Fats and Oils and Their Fractions; of Marine Mammals to Japan in 2022:
- Canada (475.0 kg)
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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.
