Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Croatia - 2023

Contents:

  1. Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Croatia (CIF) - 2022
  2. Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Croatia (FOB) - 2022
  3. Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Croatia
  4. Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Croatia

Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Croatia (CIF) - 2022

The average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $11,880 per ton in 2022, growing by 15% against the previous year. Overall, the import price, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2018 an increase of 58%. The import price peaked at $33,760 per ton in 2014; however, from 2015 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 the UK ($46,826 per ton), while the price for Italy ($5,897 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+44.1%), 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 Croatia (FOB) - 2022

In 2022, the average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $6,875 per ton, increasing by 116% against the previous year. Overall, the export price, however, recorded a precipitous setback. The most prominent rate of growth was recorded in 2017 an increase of 132%. The export price peaked at $63,905 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($11,682 per ton), while the average price for exports to Iran amounted to $5,720 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (-15.6%).

Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Croatia

In 2022, supplies from abroad of fats and oils and their fractions; of fish, (excluding liver-oils)s decreased by -11.5% to 6.5 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 164%.

In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s rose to $78K in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 47%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A10.625.218.833.2%
United Kingdom0.90.90.416.4163.1%
Italy0.20.74.910.6275.6%
Poland6.37.68.68.39.6%
Czech Republic13.18.67.05.4-25.6%
NorwayN/AN/A1.14.9345.5%
Spain0.42.56.14.0115.4%
Slovakia2.915.315.90.7-37.7%
BelgiumN/A5.5N/AN/A0%
Others15.36.16.98.5-17.8%
Total39.257.776.177.625.6%

Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Croatia in 2022:

  1. Netherlands (2034.0 kg)
  2. Italy (1797.0 kg)
  3. Czech Republic (786.0 kg)
  4. Poland (490.0 kg)
  5. Norway (392.0 kg)
  6. United Kingdom (351.0 kg)
  7. Spain (198.0 kg)
  8. Slovakia (40.0 kg)

Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Croatia

In 2022, after two years of decline, there was significant growth in overseas shipments of fats and oils and their fractions; of fish, (excluding liver-oils)s, when their volume increased by 772% to 1.9 tons. In general, exports, however, faced a significant contraction.

In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s skyrocketed to $13K in 2022. Over the period under review, exports, however, continue to indicate a significant decline.

Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IranN/AN/AN/A8.70%
Bosnia and HerzegovinaN/AN/A0.23.91850.0%
Spain47.9N/AN/AN/A0%
Others1.80.50.50.4-39.4%
Total49.70.50.713.0-36.0%

Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Croatia in 2022:

  1. Iran (1520.0 kg)
  2. Bosnia and Herzegovina (336.0 kg)

Source: IndexBox Market Intelligence Platform

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