Price for Fish Meal; Fit for Human Consumption in Austria - 2022

Price for Fish Meal; Fit for Human Consumption in Austria (CIF) - 2022

The average import price for fish meal; fit for human consumptia stood at $8,425 per ton in 2022, waning by -19.3% against the previous year. In general, the import price, however, showed a temperate expansion. The growth pace was the most rapid in 2021 when the average import price increased by 71%. As a result, import price reached the peak level of $10,438 per ton, and then reduced notably in the following year.

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 the Netherlands ($12,611 per ton), while the price for Italy ($6,412 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Meal; Fit for Human Consumption in Austria (FOB) - 2022

In 2021, the average export price for fish meal; fit for human consumptia amounted to $107,000 per ton, flattening at the previous year. In general, the export price enjoyed significant growth. The pace of growth appeared the most rapid in 2013 an increase of 106% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see steady growth in the near future.

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

From 2012 to 2021, the rate of growth in terms of prices for Italy amounted to +149.4% per year.

Imports of Fish Meal; Fit for Human Consumption in Austria

In 2022, imports of fish meal; fit for human consumptia into Austria contracted to 1.8 tons, waning by -1.8% against 2021 figures. Overall, imports faced a precipitous slump. The most prominent rate of growth was recorded in 2021 when imports increased by 0.1% against the previous year.

In value terms, imports of fish meal; fit for human consumptia dropped rapidly to $15K in 2022. Over the period under review, imports continue to indicate a sharp decrease. The growth pace was the most rapid in 2021 when imports increased by 71%.

Import of Fish Meal; Fit for Human Consumption in Austria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	29.3	6.2	14.7	12.2	-25.3%
Italy	2.9	2.3	2.5	1.9	-13.1%
Netherlands	0.4	1.0	0.9	0.7	20.5%
Spain	N/A	0.7	N/A	N/A	0%
Denmark	1.9	N/A	N/A	N/A	0%
Turkey	5.8	N/A	0.1	N/A	-86.9%
Others	4.0	0.7	0.4	N/A	-68.4%
Total	44.3	10.9	18.6	14.8	-30.6%

Top Suppliers of Fish Meal; Fit for Human Consumption to Austria in 2022:

Germany (1407.0 kg)
Italy (291.0 kg)
Netherlands (54.0 kg)

Exports of Fish Meal; Fit for Human Consumption in Austria

In 2021, the amount of fish meal; fit for human consumptia exported from Austria amounted to 1 kg, stabilizing at 2020 figures. Over the period under review, exports showed a sharp downturn. The smallest decline of 99.9% was in 2020.

In value terms, exports of fish meal; fit for human consumptia stood at $107 in 2021. Overall, exports continue to indicate a sharp downturn. The smallest decline of 99.9% was in 2020.