India - Fish Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fish Fat and Oil in India - 2023
Contents:
- Price for Fish Fat and Oil in India (CIF) - 2023
- Price for Fish Fat and Oil in India (FOB) - 2023
- Imports of Fish Fat and Oil in India
- Exports of Fish Fat and Oil in India
Price for Fish Fat and Oil in India (CIF) - 2023
The average fish fat and oil import price stood at $4,247 per ton in July 2023, declining by -77.1% against the previous month. Over the period under review, the import price recorded a abrupt slump. The pace of growth appeared the most rapid in September 2022 an increase of 267% against the previous month. Over the period under review, average import prices attained the peak figure at $20,018 per ton in October 2022; however, from November 2022 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was China ($38,611 per ton), while the price for Turkey ($2,887 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Chile (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fat and Oil in India (FOB) - 2023
The average fish fat and oil export price stood at $3,674 per ton in July 2023, dropping by -10.4% against the previous month. Overall, the export price recorded a perceptible curtailment. The pace of growth was the most pronounced in May 2023 an increase of 21% m-o-m. Over the period under review, the average export prices reached the peak figure at $5,445 per ton in August 2022; however, from September 2022 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Ecuador ($4,843 per ton), while the average price for exports to Oman ($2,936 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Fat and Oil in India
In 2022, overseas purchases of fish fats and oils decreased by -23.6% to 1.7K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 147%. As a result, imports attained the peak of 2.3K tons, and then declined rapidly in the following year.
In value terms, fish fat and oil imports contracted slightly to $14M in 2022. Over the period under review, imports saw a slight decline. The most prominent rate of growth was recorded in 2021 when imports increased by 35%.
Import of Fish Fat and Oil in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 11.0 | 8.0 | 8.4 | 7.0 | -14.0% |
Japan | N/A | N/A | 0.2 | 1.8 | 800.0% |
Iceland | 1.2 | 0.7 | 1.2 | 1.0 | -5.9% |
Chile | 1.1 | 0.8 | 1.2 | 0.9 | -6.5% |
Norway | 0.2 | N/A | 0.5 | 0.6 | 44.2% |
Oman | 0.1 | 0.6 | 1.8 | 0.5 | 71.0% |
Germany | N/A | N/A | N/A | 0.3 | 0% |
Others | 0.5 | 0.2 | 0.6 | 1.3 | 37.5% |
Total | 14.1 | 10.2 | 13.8 | 13.5 | -1.4% |
Top Suppliers of Fish Fat and Oil to India in 2022:
- Japan (709.5 tons)
- Oman (327.1 tons)
- China (286.7 tons)
- Iceland (151.2 tons)
- Chile (137.5 tons)
- Germany (39.5 tons)
- Norway (39.0 tons)
Exports of Fish Fat and Oil in India
In 2022, after two years of decline, there was significant growth in shipments abroad of fish fats and oils, when their volume increased by 6,738% to 41K tons. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, fish fat and oil exports skyrocketed to $75M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Fish Fat and Oil in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 0.5 | 0.2 | N/A | 27.7 | 281.2% |
Turkey | N/A | N/A | N/A | 11.6 | 0% |
Australia | 0.8 | 0.2 | 0.9 | 9.1 | 124.9% |
Ecuador | N/A | N/A | N/A | 7.5 | 0% |
Oman | N/A | N/A | N/A | 4.6 | 0% |
Belgium | N/A | N/A | N/A | 4.5 | 0% |
Saudi Arabia | 1.2 | 0.3 | N/A | 3.2 | 38.7% |
Others | 0.7 | 1.2 | 1.1 | 7.3 | 118.5% |
Total | 3.2 | 1.8 | 2.1 | 75.4 | 186.7% |
Top Export Markets for Fish Fat and Oil from India in 2022:
- Chile (23.5K tons)
- Turkey (4.0K tons)
- Australia (3.4K tons)
- Ecuador (2.8K tons)
- Oman (1.9K tons)
- Belgium (1.5K tons)
- Saudi Arabia (1.3K tons)
This report provides an in-depth analysis of the market for fish fat and oil in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10411200 - Fats and oils and their fractions of fish or marine mammals (excluding chemically modified)
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for fish fat and oil in India.
This report provides an in-depth analysis of the global market for fish fat and oil.
This report provides an in-depth analysis of the market for fish fat and oil in India.
This report provides an in-depth analysis of the global market for fish fat and oil.
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.
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.