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Northern America - Fish Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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Northern America: Overview of the Market for Fish Fats And Oils 2021

Market Size for Fish Fats And Oils in Northern America

For the fourth consecutive year, the North American fish fat and oil market recorded growth in sales value, which increased by X% to $X in 2020. The total consumption indicated a buoyant expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2008 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level in 2020 and is likely to see steady growth in the near future.

Production of Fish Fats And Oils in Northern America

In value terms, fish fat and oil production expanded remarkably to $X in 2020 estimated in export prices. Over the period under review, production, however, continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs in 2020 and is likely to see gradual growth in years to come.

Production By Country in Northern America

The U.S. (X tonnes) remains the largest fish fat and oil producing country in Northern America, comprising approx. X% of total volume. It was followed by Canada (X tonnes), with a X% share of total production.

From 2007 to 2020, the average annual rate of growth in terms of volume in the U.S. amounted to +X%.

Exports of Fish Fats And Oils

Exports in Northern America

After two years of growth, shipments abroad of fish fats and oils decreased by -X% to X tonnes in 2020. Total exports indicated a mild expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2010 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at X tonnes in 2019, and then fell rapidly in the following year.

In value terms, fish fat and oil exports declined to $X in 2020. Total exports indicated a prominent increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2019, and then contracted in the following year.

Exports by Country

The U.S. represented the main exporter of fish fats and oils in Northern America, with the volume of exports amounting to X tonnes, which was near X% of total exports in 2020. It was distantly followed by Canada (X tonnes), mixing up a X% share of total exports.

From 2007 to 2020, average annual rates of growth with regard to fish fat and oil exports from the U.S. stood at +X%. At the same time, Canada (+X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +X% from 2007-2020. From 2007 to 2020, the share of Canada increased by +X% percentage points, while the U.S. (-X p.p.) saw their share reduced.

In value terms, the U.S. ($X) remains the largest fish fat and oil supplier in Northern America, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value in the U.S. stood at +X%.

Export Prices by Country

In 2020, the fish fat and oil export price in Northern America amounted to $X per tonne, increasing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. The level of export peaked at $X per tonne in 2015; however, from 2016 to 2020, export prices failed to regain the momentum.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was Canada ($X per tonne), while the U.S. amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S..

Imports of Fish Fats And Oils

Imports in Northern America

Fish fat and oil imports totaled X tonnes in 2020, increasing by X% on the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. The volume of import peaked at X tonnes in 2010; however, from 2011 to 2020, imports stood at a somewhat lower figure.

In value terms, fish fat and oil imports declined modestly to $X in 2020. Total imports indicated a remarkable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2019, and then declined slightly in the following year.

Imports by Country

In 2020, Canada (X tonnes) was the largest importer of fish fats and oils, comprising X% of total imports. It was distantly followed by the U.S. (X tonnes), comprising a X% share of total imports.

From 2007 to 2020, the biggest increases were in Canada.

In value terms, Canada ($X) and the U.S. ($X) were the countries with the highest levels of imports in 2020.

Canada saw the highest growth rate of the value of imports, among the main importing countries over the period under review.

Import Prices by Country

In 2020, the fish fat and oil import price in Northern America amounted to $X per tonne, waning by -X% against the previous year. Import price indicated a temperate expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the import price increased by X% against the previous year. The level of import peaked at $X per tonne in 2015; however, from 2016 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while Canada totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fish fats and oils in Northern America?
+
The U.S. (334K tonnes) constituted the country with the largest volume of fish fat and oil consumption, accounting for 88% of total volume. Moreover, fish fat and oil consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Canada (47K tonnes), sevenfold.
What are the largest producers of fish fats and oils in Northern America?
+
The country with the largest volume of fish fat and oil production was the U.S. (369K tonnes), accounting for 98% of total volume. It was followed by Canada (8.9K tonnes), with a 2.4% share of total production.
What are the leading exporters of fish fats and oils in Northern America?
+
In value terms, the U.S. ($163M) remains the largest fish fat and oil supplier in Northern America, comprising 85% of total exports. The second position in the ranking was occupied by Canada ($28M), with a 15% share of total exports.
What are the leading importers of fish fats and oils in Northern America?
+
In value terms, the largest fish fat and oil importing markets in Northern America were Canada ($138M) and the U.S. ($121M).
What is the average export price for fish fats and oils in Northern America?
+
The fish fat and oil export price in Northern America stood at $2,693 per tonne in 2020, picking up by 18% against the previous year.
What is the average import price for fish fats and oils in Northern America?
+
The fish fat and oil import price in Northern America stood at $3,501 per tonne in 2020, with a decrease of -10.3% against the previous year.

Product coverage:
• Prodcom 10411200 - Fats and oils and their fractions of fish or marine mammals (excluding chemically modified)

This report provides an in-depth analysis of the market for fish fat and oil in Northern America. 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 2025.


Country coverage:
• Bermuda
• Greenland
• Saint Pierre and Miquelon

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Northern America, split by region and country
• Trade (exports and imports) in Northern America
• 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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

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
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Bermuda
• Canada
• Greenland
• Saint Pierre and Miquelon
• USA
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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