Report Belgium - Fish Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 26, 2023

Belgium - Fish Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights
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Belgium: Market for Fish Fats And Oils 2023

Market Size for Fish Fats And Oils in Belgium

The Belgian fish fat and oil market contracted markedly to $X in 2021, declining by -38.6% against the previous year. In general, consumption continues to indicate a precipitous shrinkage. Over the period under review, the market attained the peak level at $X in 2020, and then fell notably in the following year.

Production of Fish Fats And Oils in Belgium

In value terms, fish fat and oil production soared to $X in 2021 estimated in export price. Over the period under review, production, however, saw a slight shrinkage. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Fish Fats And Oils

Exports from Belgium

In 2021, approx. X tons of fish fats and oils were exported from Belgium; with an increase of 75% against the year before. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, fish fat and oil exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +34.9% from 2020 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), the UK (X tons) and the Netherlands (X tons) were the main destinations of fish fat and oil exports from Belgium, with a combined 71% share of total exports.

From 2020 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +21,368.6%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), France ($X) and the Netherlands ($X) constituted the largest markets for fish fat and oil exported from Belgium worldwide, with a combined 61% share of total exports. China, the UK and Denmark lagged somewhat behind, together accounting for a further 30%.

In terms of the main countries of destination, the UK, with a CAGR of +11,923.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average fish fat and oil export price amounted to $X per ton, reducing by -22.9% against the previous year. Over the period under review, the export price showed a sharp curtailment. Over the period under review, the average export prices reached the maximum at $X per ton in 2020, and then fell dramatically in the following year.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2020 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.9%), while the prices for the other major destinations experienced a decline.

Imports of Fish Fats And Oils

Imports into Belgium

In 2021, the amount of fish fats and oils imported into Belgium expanded modestly to X tons, rising by 1.5% on the previous year. The total import volume increased at an average annual rate of +1.5% from 2020 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, fish fat and oil imports expanded remarkably to $X in 2021. The total import value increased at an average annual rate of +9.3% from 2020 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Peru (X tons) constituted the largest supplier of fish fat and oil to Belgium, with a 47% share of total imports. Moreover, fish fat and oil imports from Peru exceeded the figures recorded by the second-largest supplier, Chile (X tons), twofold. The United States (X tons) ranked third in terms of total imports with a 7.9% share.

From 2020 to 2021, the average annual rate of growth in terms of volume from Peru totaled -3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+89.5% per year) and the United States (+15.6% per year).

In value terms, Peru ($X) constituted the largest supplier of fish fats and oils to Belgium, comprising 51% of total imports. The second position in the ranking was held by Chile ($X), with a 21% share of total imports. It was followed by the United States, with a 7% share.

From 2020 to 2021, the average annual rate of growth in terms of value from Peru amounted to +7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+83.2% per year) and the United States (-18.0% per year).

Import Prices by Country

The average fish fat and oil import price stood at $X per ton in 2021, picking up by 7.6% against the previous year. Over the last one-year period, it increased at an average annual rate of +7.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for Mauritania ($X per ton) was amongst the lowest.

From 2020 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+46.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for fish fats and oils in the world?
+
The country with the largest volume of fish fat and oil consumption was Norway, accounting for 98% of total volume.
What are the largest producers of fish fats and oils in the world?
+
The country with the largest volume of fish fat and oil production was Norway, accounting for 98% of total volume.
What are the leading suppliers of fish fats and oils to Belgium?
+
In value terms, Peru constituted the largest supplier of fish fats and oils to Belgium, comprising 51% of total imports. The second position in the ranking was taken by Chile, with a 21% share of total imports. It was followed by the United States, with a 7% share.
What are the leading importers of fish fats and oils from Belgium?
+
In value terms, Italy, France and the Netherlands constituted the largest markets for fish fat and oil exported from Belgium worldwide, together accounting for 61% of total exports. These countries were followed by China, the UK and Denmark, which together accounted for a further 30%.
What is the average export price for fish fats and oils in Belgium?
+
In 2021, the average fish fat and oil export price amounted to $1,874 per ton, shrinking by -22.9% against the previous year.
What is the average import price for fish fats and oils in Belgium?
+
The average fish fat and oil import price stood at $2,028 per ton in 2021, picking up by 7.6% against the previous year.

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Belgium
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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