Report Update: May 1, 2024

Ukraine - Fish Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights

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Price for Fish Fat and Oil in Ukraine - 2023

Price for Fish Fat and Oil in Ukraine (CIF) - 2022

The average fish fat and oil import price stood at $5,021 per ton in 2022, shrinking by -28.1% against the previous year. Over the period under review, the import price continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 92%. Over the period under review, average import prices reached the maximum at $10,276 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($30,780 per ton), while the price for Latvia ($1,800 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritania (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fat and Oil in Ukraine (FOB) - 2022

In 2022, the average fish fat and oil export price amounted to $4,778 per ton, surging by 14% against the previous year. Over the period under review, the export price saw mild growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by 243% against the previous year. As a result, the export price attained the peak level of $9,950 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Turkmenistan amounted to +2.7% per year.

Imports of Fish Fat and Oil in Ukraine

In 2022, after three years of growth, there was significant decline in purchases abroad of fish fats and oils, when their volume decreased by -31.9% to 257 tons. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 71%.

In value terms, fish fat and oil imports dropped remarkably to $1.3M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 221%. As a result, imports reached the peak of $2.6M, and then fell rapidly in the following year.

Import of Fish Fat and Oil in Ukraine (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	39.6	135	303	365	109.7%
Iceland	24.0	86.3	289	298	131.6%
United Kingdom	2.6	3.9	686	281	376.3%
China	19.5	66.7	172	179	109.4%
Lithuania	N/A	4.4	6.6	21.9	123.1%
Latvia	4.8	4.6	12.8	15.4	47.5%
United States	182	45.8	141	N/A	-12.0%
Mauritania	58.0	140	241	N/A	103.8%
Others	201	331	777	128	-14.0%
Total	532	818	2,629	1,288	34.3%

Top Suppliers of Fish Fat and Oil to Ukraine in 2022:

France (164.7 tons)
Iceland (42.2 tons)
China (16.9 tons)
Lithuania (9.4 tons)
United Kingdom (9.1 tons)
Latvia (8.6 tons)

Exports of Fish Fat and Oil in Ukraine

In 2022, overseas shipments of fish fats and oils were finally on the rise to reach 1.5 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a significant decline.

In value terms, fish fat and oil exports surged to $7.3K in 2022. Over the period under review, exports, however, recorded a deep downturn.

Export of Fish Fat and Oil in Ukraine (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	N/A	N/A	N/A	7.3	0%
Turkmenistan	N/A	5.4	1.8	N/A	-66.7%
Netherlands	4.3	N/A	N/A	N/A	0%
Others	4.3	0.5	0.6	N/A	-62.6%
Total	8.7	5.9	2.4	7.3	-5.7%

Top Export Markets for Fish Fat and Oil from Ukraine in 2022:

Spain (1.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for fish fat and oil in Ukraine. 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:

Ukraine

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ukraine
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023