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

Contents:

1. Price for Fish Meal; Fit for Human Consumption in Poland (CIF) - 2022
2. Price for Fish Meal; Fit for Human Consumption in Poland (FOB) - 2022
3. Imports of Fish Meal; Fit for Human Consumption in Poland
4. Exports of Fish Meal; Fit for Human Consumption in Poland

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

In 2022, the average import price for fish meal; fit for human consumptia amounted to $19,115 per ton, growing by 21% against the previous year. In general, the import price, however, showed a pronounced reduction. The pace of growth appeared the most rapid in 2018 an increase of 77%. As a result, import price attained the peak level of $63,690 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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 Spain ($38,194 per ton), while the price for the UK ($16,428 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for fish meal; fit for human consumptia stood at $5,490 per ton in 2021, picking up by 258% against the previous year. In general, the export price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2016 an increase of 636%. Over the period under review, the average export prices attained the peak figure at $23,410 per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was South Korea ($19,004 per ton), while the average price for exports to Turkey amounted to $1,396 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fish Meal; Fit for Human Consumption in Poland

In 2022, purchases abroad of fish meal; fit for human consumptia decreased by -50.5% to 4.3 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 538%. As a result, imports reached the peak of 8.8 tons, and then dropped dramatically in the following year.

In value terms, imports of fish meal; fit for human consumptia reduced notably to $83K in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 419%. As a result, imports reached the peak of $139K, and then shrank markedly in the following year.

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

1. United Kingdom (2.5 tons)
2. France (1.7 tons)
3. Spain (0.2 tons)

Exports of Fish Meal; Fit for Human Consumption in Poland

In 2021, approx. 15 tons of fish meal; fit for human consumptia were exported from Poland; with an increase of 38% on the year before. Overall, exports, however, saw a dramatic decrease.

In value terms, exports of fish meal; fit for human consumptia surged to $82K in 2021. Over the period under review, exports, however, faced a significant contraction.

Top Export Markets for Fish Meal; Fit for Human Consumption from Poland in 2022:

1. Turkey (11.5 tons)
2. South Korea (3.3 tons)

Source: IndexBox Market Intelligence Platform