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

Contents:

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

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

The average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $3,533 per ton in 2022, surging by 33% against the previous year. Over the period under review, the import price enjoyed a temperate increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 China ($7,974 per ton), while the price for Yemen ($3,070 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+139.4%), 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 Egypt (FOB) - 2022

The average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $2,367 per ton in 2022, approximately mirroring the previous year. Overall, the export price saw a slight reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 6.4% against the previous year. The export price peaked at $4,594 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($2,872 per ton), while the average price for exports to Germany amounted to $1,558 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.1%).

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

After two years of decline, overseas purchases of fats and oils and their fractions; of fish, (excluding liver-oils)s increased by 5.6% to 650 tons in 2022. Overall, imports, however, recorded a pronounced decrease.

In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s soared to $2.3M in 2022. The total import value increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iceland2402343631,21971.9%
China88.012514.646173.7%
Spain424456398420-0.3%
Yemen10714710816014.4%
Norway69.642.234.2N/A-29.9%
Mauritania171149185N/A4.0%
Oman12262.4101N/A-9.0%
Pakistan13796.189.8N/A-19.0%
Others46237934137.4-56.7%
Total1,8201,6901,6342,2978.1%

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

  1. Iceland (397.1 tons)
  2. Spain (136.8 tons)
  3. China (57.8 tons)
  4. Yemen (52.2 tons)

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

In 2022, the amount of fats and oils and their fractions; of fish, (excluding liver-oils)s exported from Egypt was estimated at 139 kg, leveling off at 2021. In general, exports continue to indicate a slight contraction. The smallest decline of 99.9% was in 2021.

In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $329 in 2022. Overall, exports saw a significant decrease. The smallest decline of 99.9% was in 2021.

Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Egypt (USD)
COUNTRY202020212022CAGR,
2020-2022
Austria567N/A247-34.0%
Germany89.0N/A81.0-4.6%
Others1.0N/A1.00.0%
Total657N/A329-29.2%

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

  1. Austria (86.0 kg)
  2. Germany (52.0 kg)

Source: IndexBox Market Intelligence Platform

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