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

Contents:

  1. Price for Fats and Oils and Their Fractions; of Marine Mammals in Spain (CIF) - 2022
  2. Price for Fats and Oils and Their Fractions; of Marine Mammals in Spain (FOB) - 2022
  3. Imports of Fats and Oils and Their Fractions; of Marine Mammals in Spain
  4. Exports of Fats and Oils and Their Fractions; of Marine Mammals in Spain

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

In 2022, the average import price for fats and oils and their fractions; of marine mammalses amounted to $155,655 per ton, surging by 2,672% against the previous year. In general, the import price recorded a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($1,356,222 per ton), while the price for Norway ($6,531 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+809.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for fats and oils and their fractions; of marine mammalses amounted to $29,284 per ton, growing by 388% against the previous year. Over the period under review, the export price recorded a significant expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 859% against the previous year. The export price peaked at $30,236 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Uruguay.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -90.7% per year.

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

In 2022, approx. 87 kg of fats and oils and their fractions; of marine mammalses were imported into Spain; jumping by 569% compared with the previous year's figure. Over the period under review, imports recorded a perceptible increase. The most prominent rate of growth was recorded in 2020 when imports increased by 7,076% against the previous year. As a result, imports attained the peak of 5.6 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fats and oils and their fractions; of marine mammalses soared to $14K in 2022. Overall, imports showed a significant expansion.

Import of Fats and Oils and Their Fractions; of Marine Mammals in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A0.2N/A12.2681.0%
BelgiumN/A54.9N/A0.8-87.9%
NorwayN/A0.10.10.4100.0%
Iceland0.5N/AN/A0.1-41.5%
Others0.30.1N/AN/A-66.7%
Total0.855.20.113.5156.5%

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

  1. Norway (64.0 kg)
  2. Iceland (13.0 kg)
  3. Germany (9.0 kg)
  4. Belgium (1.0 kg)

Exports of Fats and Oils and Their Fractions; of Marine Mammals in Spain

After two years of decline, overseas shipments of fats and oils and their fractions; of marine mammalses increased by 14,700% to 148 kg in 2022. Overall, exports, however, saw a precipitous decrease.

In value terms, exports of fats and oils and their fractions; of marine mammalses skyrocketed to $4.3K in 2022. In general, exports, however, showed a precipitous descent.

Export of Fats and Oils and Their Fractions; of Marine Mammals in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UruguayN/AN/AN/A4.30%
Dominican Republic5.0N/AN/AN/A0%
Serbia1.13.3N/AN/A200.0%
Panama48.2N/AN/AN/A0%
Others0.82.4N/AN/A200.0%
Total55.15.6N/A4.3-57.3%

Top Export Markets for Fats and Oils and Their Fractions; of Marine Mammals from Spain in 2022:

  1. Uruguay (147.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Fats and oils and their fractions; of marine mammals - Spain