Price for Fats and Oils and Their Fractions; of Marine Mammals in Luxembourg - 2023

Contents:

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

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

The average import price for fats and oils and their fractions; of marine mammalses stood at $97,000 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2019 an increase of 81%. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +10.9% per year.

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

For the third consecutive year, Luxembourg recorded decline in supplies from abroad of fats and oils and their fractions; of marine mammalses, which decreased by 0% to 1 kg in 2022. In general, imports saw a dramatic contraction. The smallest decline of -99.9% was in 2020.

In value terms, imports of fats and oils and their fractions; of marine mammalses amounted to $97 in 2022. Overall, imports continue to indicate a significant decline. The smallest decline of -99.9% was in 2020.

Import of Fats and Oils and Their Fractions; of Marine Mammals in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11.0N/AN/A0.1-79.1%
Belgium5.5N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total16.5N/AN/A0.1-81.8%

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

  1. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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