Price for Fats and Oils and Their Fractions; of Marine Mammals in Lithuania - 2023
Contents:
- Price for Fats and Oils and Their Fractions; of Marine Mammals in Lithuania (CIF) - 2022
- Imports of Fats and Oils and Their Fractions; of Marine Mammals in Lithuania
Price for Fats and Oils and Their Fractions; of Marine Mammals in Lithuania (CIF) - 2022
The average import price for fats and oils and their fractions; of marine mammalses stood at $60,466 per ton in 2022, with an increase of 47% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 an increase of 54%. The import price peaked at $88,494 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Norway.
From 2015 to 2022, the rate of growth in terms of prices for Norway amounted to +50.6% per year.
Imports of Fats and Oils and Their Fractions; of Marine Mammals in Lithuania
After two years of growth, overseas purchases of fats and oils and their fractions; of marine mammalses decreased by -55.6% to 2.3 tons in 2022. In general, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 239% against the previous year. As a result, imports reached the peak of 5.2 tons, and then dropped notably in the following year.
In value terms, imports of fats and oils and their fractions; of marine mammalses declined remarkably to $139K in 2022. Overall, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 422%. As a result, imports attained the peak of $212K, and then reduced dramatically in the following year.
| Import of Fats and Oils and Their Fractions; of Marine Mammals in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Norway | 40.6 | 212 | 139 | 85.0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 40.6 | 212 | 139 | 85.0% | |
Top Suppliers of Fats and Oils and Their Fractions; of Marine Mammals to Lithuania in 2022:
- Norway (2.3 tons)
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