Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Greece - 2023
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Greece (CIF) - 2022
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Greece (FOB) - 2022
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Greece
- Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Greece
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Greece (CIF) - 2022
In 2022, the average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $1,915 per ton, with an increase of 33% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fats and oils and their fractions; of fish, (excluding liver-oils)s increased by +44.9% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,321 per ton), while the price for Norway ($1,410 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Greece (FOB) - 2022
In 2022, the average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $55,392 per ton, standing approx. at the previous year. In general, the export price, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 an increase of 3,374%. As a result, the export price attained the peak level of $55,517 per ton, leveling off in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($61,639 per ton), while the average price for exports to Panama ($4,765 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+23.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Greece
In 2022, approx. 42K tons of fats and oils and their fractions; of fish, (excluding liver-oils)s were imported into Greece; almost unchanged from the previous year's figure. The total import volume increased at an average annual rate of +12.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 37% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s soared to $80M in 2022. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2020 when imports increased by 38% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 16.9 | 20.5 | 23.2 | 23.7 | 11.9% |
| Germany | 5.1 | 7.9 | 13.8 | 19.0 | 55.0% |
| Chile | 1.3 | 2.5 | 8.1 | 6.5 | 71.0% |
| Spain | 1.8 | 3.4 | 7.4 | 5.8 | 47.7% |
| Poland | N/A | N/A | N/A | 5.7 | 0% |
| Denmark | 7.0 | 8.2 | 4.1 | 3.8 | -18.4% |
| Mexico | N/A | N/A | N/A | 3.7 | 0% |
| Others | 4.1 | 7.6 | 3.3 | 11.8 | 42.2% |
| Total | 36.2 | 50.1 | 59.9 | 79.9 | 30.2% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Greece in 2022:
- Norway (16.8K tons)
- Germany (8.2K tons)
- Poland (3.2K tons)
- Chile (3.2K tons)
- Spain (3.0K tons)
- Denmark (2.0K tons)
- Mexico (1.9K tons)
Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Greece
In 2022, overseas shipments of fats and oils and their fractions; of fish, (excluding liver-oils)s decreased by -54% to 3.8 tons, falling for the second year in a row after two years of growth. Overall, exports showed a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 47%. As a result, the exports reached the peak of 323 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s dropped sharply to $209K in 2022. In general, exports continue to indicate a dramatic contraction. The smallest decline of -11.9% was in 2021.
| Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 81.8 | 30.9 | 277 | 169 | 27.4% |
| Switzerland | 110 | 77.7 | 173 | 35.1 | -31.7% |
| Cyprus | 10.3 | 2.4 | 2.3 | 3.6 | -29.6% |
| Panama | N/A | N/A | N/A | 1.0 | 0% |
| Chile | N/A | 404 | N/A | N/A | 0% |
| Norway | 559 | N/A | N/A | N/A | 0% |
| Others | N/A | 1.6 | 3.2 | N/A | 100.0% |
| Total | 761 | 517 | 455 | 209 | -35.0% |
Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Greece in 2022:
- Romania (2747.0 kg)
- Switzerland (570.0 kg)
- Cyprus (249.0 kg)
- Panama (204.0 kg)
415
This report provides an in-depth analysis of the market for fish fat and oil in Greece.
748
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 Greece.
748
This report provides an in-depth analysis of the global market for fish fat and oil.
603
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.
