Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Bangladesh - 2022
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Bangladesh (CIF) - 2022
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Bangladesh
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Bangladesh (CIF) - 2022
The average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $1,120 per ton in 2022, reducing by -4.1% against the previous year. Over the period under review, the import price recorded a mild descent. The pace of growth appeared the most rapid in 2016 when the average import price increased by 19% against the previous year. As a result, import price reached the peak level of $1,581 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
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 India ($2,044 per ton), while the price for the United Arab Emirates ($884 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.2%), while the prices for the other major suppliers experienced a decline.
Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Bangladesh
In 2022, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s into Bangladesh soared to 5.4K tons, increasing by 30% against the previous year's figure. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 77% against the previous year. As a result, imports reached the peak of 6.6K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s surged to $6M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 75%. As a result, imports attained the peak of $7.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 265 | 2,444 | 1,628 | 3,006 | 124.7% |
| Norway | 1,846 | 2,390 | 1,390 | 1,689 | -2.9% |
| Japan | 50.1 | N/A | N/A | 597 | 128.4% |
| Thailand | N/A | 48.6 | 50.0 | 159 | 80.9% |
| United Arab Emirates | 98.0 | 37.3 | N/A | 115 | 5.5% |
| Oman | 331 | 548 | 67.3 | N/A | -54.9% |
| Latvia | 309 | N/A | 200 | N/A | -19.5% |
| Philippines | 378 | 694 | 480 | N/A | 12.7% |
| Others | 851 | 1,052 | 987 | 442 | -19.6% |
| Total | 4,128 | 7,214 | 4,802 | 6,008 | 13.3% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Bangladesh in 2022:
- Chile (2955.1 tons)
- Norway (1432.1 tons)
- Japan (548.2 tons)
- Thailand (150.9 tons)
- United Arab Emirates (129.8 tons)
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This report provides an in-depth analysis of the market for fish fat and oil in Bangladesh.
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This report provides an in-depth analysis of the global market for fish fat and oil.
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This report provides an in-depth analysis of the market for fish fat and oil in Bangladesh.
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This report provides an in-depth analysis of the global market for fish fat and oil.
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Over the past decade, global production of fish fat and oil rose from 3.7M tons to 11.3M tons. In value terms, production expanded significantly from $6.5B to $16.7B estimated in export prices.
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Over the past decade, global production of fish fat and oil rose from 3.7M tons to 11.3M tons. In value terms, production expanded significantly from $6.5B to $16.7B estimated in export prices.
