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

Market Size for Fish Fats And Oils in Portugal

The Portuguese fish fat and oil market expanded slightly to $X in 2019, rising by X% against the previous year. In general, consumption saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level at $X in 2009; however, from 2010 to 2019, consumption stood at a somewhat lower figure.

Production of Fish Fats And Oils in Portugal

In value terms, fish fat and oil production reduced slightly to $X in 2019 estimated in export prices. Overall, production, however, recorded a mild downturn. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2009; however, from 2010 to 2019, production failed to regain the momentum.

Exports of Fish Fats And Oils

Exports from Portugal

In 2019, exports of fish fats and oils from Portugal fell significantly to X tonnes, with a decrease of -X% compared with the previous year's figure. Over the period under review, exports recorded a pronounced setback. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. As a result, exports attained the peak of X tonnes. From 2014 to 2019, the growth exports remained at a lower figure.

In value terms, fish fat and oil exports declined notably to $X in 2019. Overall, exports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Exports peaked at $X in 2015; however, from 2016 to 2019, exports failed to regain the momentum.

Exports by Country

Spain (X tonnes) was the main destination for fish fat and oil exports from Portugal, accounting for a X% share of total exports. Moreover, fish fat and oil exports to Spain exceeded the volume sent to the second major destination, Italy (X tonnes), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume to Spain stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and Iceland (-X% per year).

In value terms, Spain ($X) remains the key foreign market for fish fat and oil exports from Portugal, comprising X% of total exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to Spain amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and Iceland (-X% per year).

Export Prices by Country

The average fish fat and oil export price stood at $X per tonne in 2019, increasing by X% against the previous year. In general, the export price, however, recorded a slight decline. The pace of growth appeared the most rapid in 2015 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2016 to 2019, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Italy ($X per tonne), while the average price for exports to Spain ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Iceland, while the prices for the other major destinations experienced a decline.

Imports of Fish Fats And Oils

Imports into Portugal

In 2019, supplies from abroad of fish fats and oils decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. In general, imports, however, showed a perceptible expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

In value terms, fish fat and oil imports amounted to $X in 2019. Over the period under review, imports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Imports peaked at $X in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Spain (X tonnes) constituted the largest supplier of fish fat and oil to Portugal, accounting for a X% share of total imports. Moreover, fish fat and oil imports from Spain exceeded the figures recorded by the second-largest supplier, Senegal (X tonnes), twofold. The third position in this ranking was occupied by Oman (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Senegal (+X% per year) and Oman (X% per year).

In value terms, Spain ($X) constituted the largest supplier of fish fat and oil to Portugal, comprising X% of total imports. The second position in the ranking was occupied by Oman ($X), with a X% share of total imports. It was followed by Senegal, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Spain stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Oman (X% per year) and Senegal (+X% per year).

Import Prices by Country

In 2019, the average fish fat and oil import price amounted to $X per tonne, increasing by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The import price peaked at $X per tonne in 2015; however, from 2016 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Oman ($X per tonne), while the price for Senegal ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

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 China (659K tonnes), accounting for 15% of total volume. Moreover, fish fat and oil consumption in China exceeded the figures recorded by the second-largest consumer, Norway (327K tonnes), twofold. The U.S. (302K tonnes) ranked third in terms of total consumption with a 6.9% share.
What are the largest producers of fish fats and oils in the world?
+
The countries with the highest volumes of fish fat and oil production in 2019 were China (634K tonnes), the U.S. (369K tonnes) and India (272K tonnes), with a combined 29% share of global production. Norway, Peru, Japan, Russia, Brazil, Mexico, Pakistan, Bangladesh, Indonesia and Nigeria lagged somewhat behind, together comprising a further 29%.
What are the leading suppliers of fish fats and oils to Portugal?
+
In value terms, Spain ($3.3M) constituted the largest supplier of fish fat and oil to Portugal, comprising 63% of total imports. The second position in the ranking was occupied by Oman ($843K), with a 16% share of total imports. It was followed by Senegal, with a 13% share.
What are the leading importers of fish fats and oils from Portugal?
+
In value terms, Spain ($543K) remains the key foreign market for fish fat and oil exports from Portugal, comprising 58% of total exports. The second position in the ranking was occupied by Italy ($181K), with a 19% share of total exports.
What is the average export price for fish fats and oils in Portugal?
+
In 2019, the average fish fat and oil export price amounted to $1,757 per tonne, picking up by 27% against the previous year.
What is the average import price for fish fats and oils in Portugal?
+
In 2019, the average fish fat and oil import price amounted to $4,663 per tonne, with an increase of 65% 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 Portugal. 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:
• Portugal

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Portugal
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
8. IMPORTS

The Largest Import Supplying Countries

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

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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