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

Contents:

  1. Price for Fish Meal; Fit for Human Consumption in Finland (CIF) - 2022
  2. Imports of Fish Meal; Fit for Human Consumption in Finland

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

In 2022, the average import price for fish meal; fit for human consumptia amounted to $33,000 per ton, increasing by 139% against the previous year. Overall, the import price saw a prominent expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 159%. The import price peaked at $47,373 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +26.3% per year.

Imports of Fish Meal; Fit for Human Consumption in Finland

In 2022, supplies from abroad of fish meal; fit for human consumptia decreased by -41.5% to 671 kg, falling for the second year in a row after two years of growth. In general, imports, however, continue to indicate a modest increase. The pace of growth appeared the most rapid in 2020 when imports increased by 458%. As a result, imports attained the peak of 3.6 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fish meal; fit for human consumptia surged to $22K in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -22.2% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 60% against the previous year. As a result, imports attained the peak of $28K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Fish Meal; Fit for Human Consumption in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1.21.56.422.1164.1%
GermanyN/A1.71.3N/A-23.5%
SwedenN/A2.24.2N/A90.9%
United States13.6N/AN/AN/A0%
DenmarkN/A2.90.6N/A-79.3%
EstoniaN/A6.2N/AN/A0%
NetherlandsN/A12.62.4N/A-81.0%
Others2.91.40.9N/A-44.3%
Total17.728.515.822.17.7%

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

  1. France (671.0 kg)

Source: IndexBox Market Intelligence Platform

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