Price for Fish Meal; Fit for Human Consumption in Italy - 2022
Contents:
- Price for Fish Meal; Fit for Human Consumption in Italy (CIF) - 2022
- Price for Fish Meal; Fit for Human Consumption in Italy (FOB) - 2022
- Imports of Fish Meal; Fit for Human Consumption in Italy
- Exports of Fish Meal; Fit for Human Consumption in Italy
Price for Fish Meal; Fit for Human Consumption in Italy (CIF) - 2022
In 2022, the average import price for fish meal; fit for human consumptia amounted to $6,595 per ton, reducing by -48.7% against the previous year. In general, the import price saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 an increase of 64%. The import price peaked at $21,167 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($24,840 per ton), while the price for the Netherlands ($1,505 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fish Meal; Fit for Human Consumption in Italy (FOB) - 2022
The average export price for fish meal; fit for human consumptia stood at $18,996 per ton in 2022, almost unchanged from the previous year. Overall, the export price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2017 an increase of 252%. The export price peaked at $20,705 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($50,981 per ton), while the average price for exports to Austria ($7,587 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 Greece (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Meal; Fit for Human Consumption in Italy
In 2022, overseas purchases of fish meal; fit for human consumptia increased by 104% to 58 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a deep setback.
In value terms, imports of fish meal; fit for human consumptia rose modestly to $385K in 2022. Over the period under review, imports, however, saw a precipitous decline.
| Import of Fish Meal; Fit for Human Consumption in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 183 | 85.5 | 167 | 121 | -12.9% |
| Sweden | 268 | 108 | 76.1 | 107 | -26.4% |
| Denmark | 228 | 21.3 | 24.8 | 64.7 | -34.3% |
| Spain | 42.0 | 35.8 | 83.3 | 60.0 | 12.6% |
| Netherlands | 22.4 | 114 | 3.9 | 33.1 | 13.9% |
| Germany | 164 | N/A | 0.6 | N/A | -94.0% |
| Others | 86.2 | 37.6 | 12.5 | N/A | -61.9% |
| Total | 994 | 402 | 369 | 385 | -27.1% |
Top Suppliers of Fish Meal; Fit for Human Consumption to Italy in 2022:
- Netherlands (22.0 tons)
- Spain (13.7 tons)
- Sweden (10.0 tons)
- Denmark (7.9 tons)
- France (4.9 tons)
Exports of Fish Meal; Fit for Human Consumption in Italy
In 2022, after three years of growth, there was significant decline in overseas shipments of fish meal; fit for human consumptia, when their volume decreased by -6.7% to 16 tons. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.4% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 57%.
In value terms, exports of fish meal; fit for human consumptia dropped to $296K in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 65% against the previous year.
| Export of Fish Meal; Fit for Human Consumption in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 47.8 | 77.8 | 68.2 | 91.9 | 24.3% |
| Spain | 42.1 | 79.5 | 39.4 | 71.3 | 19.2% |
| France | 17.1 | 28.7 | 25.4 | 34.3 | 26.1% |
| Czech Republic | 21.8 | 21.6 | 23.6 | 31.8 | 13.4% |
| Belgium | 9.7 | 10.5 | 14.3 | 19.3 | 25.8% |
| Australia | 10.1 | 17.7 | 10.2 | 16.8 | 18.5% |
| Austria | 8.4 | 7.2 | 10.7 | 14.4 | 19.7% |
| Japan | N/A | 10.5 | 101 | N/A | 861.9% |
| Others | 8.9 | 20.9 | 24.0 | 15.7 | 20.8% |
| Total | 166 | 274 | 317 | 296 | 21.3% |
Top Export Markets for Fish Meal; Fit for Human Consumption from Italy in 2022:
- Germany (5.3 tons)
- France (2.5 tons)
- Austria (1.9 tons)
- Czech Republic (1.5 tons)
- Belgium (1.5 tons)
- Spain (1.4 tons)
- Australia (0.6 tons)
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