Price for Fish Meal; Fit for Human Consumption in the Czech Republic - 2022

Contents:

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

Price for Fish Meal; Fit for Human Consumption in the Czech Republic (CIF) - 2022

The average import price for fish meal; fit for human consumptia stood at $8,004 per ton in 2022, increasing by 1.7% against the previous year. Overall, the import price, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2016 when the average import price increased by 170% against the previous year. As a result, import price reached the peak level of $21,268 per ton. From 2017 to 2022, the average import prices remained at a 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 Italy ($20,326 per ton), while the price for Spain ($3,892 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fish Meal; Fit for Human Consumption in the Czech Republic (FOB) - 2022

In 2022, the average export price for fish meal; fit for human consumptia amounted to $53,711 per ton, standing approx. at the previous year. In general, the export price, however, continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2020 when the average export price increased by 88% against the previous year. Over the period under review, the average export prices attained the peak figure at $86,609 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Slovakia amounted to -4.5% per year.

Imports of Fish Meal; Fit for Human Consumption in the Czech Republic

Imports of fish meal; fit for human consumptia into the Czech Republic dropped remarkably to 14 tons in 2022, waning by -31.8% compared with 2021 figures. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 530%. As a result, imports reached the peak of 21 tons, and then contracted significantly in the following year.

In value terms, imports of fish meal; fit for human consumptia shrank sharply to $114K in 2022. Overall, imports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by 159%. As a result, imports reached the peak of $165K, and then dropped dramatically in the following year.

Import of Fish Meal; Fit for Human Consumption in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.01.067.654.7201.3%
France16.920.328.222.810.5%
Italy21.222.023.218.8-3.9%
Spain9.23.98.26.6-10.5%
Norway8.83.06.55.2-16.1%
Austria3.81.93.93.1-6.6%
United KingdomN/A7.76.7N/A-13.0%
DenmarkN/AN/A4.9N/A0%
NetherlandsN/AN/A10.2N/A0%
Others4.93.75.32.9-16.0%
Total66.863.716511419.5%

Top Suppliers of Fish Meal; Fit for Human Consumption to the Czech Republic in 2022:

  1. Germany (8.8 tons)
  2. France (1.7 tons)
  3. Spain (1.7 tons)
  4. Italy (0.9 tons)
  5. Norway (0.5 tons)
  6. Austria (0.4 tons)

Exports of Fish Meal; Fit for Human Consumption in the Czech Republic

In 2022, exports of fish meal; fit for human consumptia from the Czech Republic reduced to 610 kg, waning by -10.9% compared with the previous year. Over the period under review, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 28%.

In value terms, exports of fish meal; fit for human consumptia reduced to $33K in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 31% against the previous year.

Export of Fish Meal; Fit for Human Consumption in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia22.128.936.532.714.0%
OthersN/AN/A0.10.10.0%
Total22.229.036.632.813.9%

Top Export Markets for Fish Meal; Fit for Human Consumption from the Czech Republic in 2022:

  1. Slovakia (608.0 kg)

Source: IndexBox Market Intelligence Platform

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