Germany - Fish Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fish Fat and Oil in Germany - 2023
Contents:
- Price for Fish Fat and Oil in Germany (FOB) - 2023
- Price for Fish Fat and Oil in Germany (CIF) - 2022
- Exports of Fish Fat and Oil in Germany
- Imports of Fish Fat and Oil in Germany
Price for Fish Fat and Oil in Germany (FOB) - 2023
In July 2023, the average fish fat and oil export price amounted to $4,498 per ton, which is down by -5.1% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 48% month-to-month. The export price peaked at $5,450 per ton in November 2022; however, from December 2022 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Australia ($10,783 per ton), while the average price for exports to the Czech Republic ($3,045 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish Fat and Oil in Germany (CIF) - 2022
In 2022, the average fish fat and oil import price amounted to $3,453 per ton, reducing by -4.1% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fish fat and oil import price decreased by -9.1% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 27% against the previous year. The import price peaked at $3,800 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($8,216 per ton), while the price for Latvia ($1,514 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish Fat and Oil in Germany
In 2022, overseas shipments of fish fats and oils decreased by -30.6% to 15K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a slight increase from 2019 to 2022: its volume increased at an average annual rate of +1.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 33%. As a result, the exports attained the peak of 21K tons, and then reduced notably in the following year.
In value terms, fish fat and oil exports expanded to $58M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.5% 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 +58.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 47%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Fish Fat and Oil in Germany (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Greece | 4.2 | 6.6 | 9.3 | 9.3 | 30.3% |
Netherlands | 1.3 | 0.9 | 5.1 | 6.5 | 71.0% |
France | 0.9 | 2.8 | 3.3 | 4.0 | 64.4% |
Denmark | 5.4 | 4.1 | 4.9 | 3.7 | -11.8% |
Spain | 2.5 | 2.2 | 2.9 | 2.4 | -1.4% |
Czech Republic | 1.3 | 2.1 | 3.1 | 2.3 | 20.9% |
Italy | 0.6 | 1.2 | 2.5 | 2.0 | 49.4% |
Poland | 1.3 | 0.7 | 1.3 | 1.8 | 11.5% |
Latvia | 0.4 | 0.3 | 0.9 | N/A | 50.0% |
Others | 18.8 | 17.9 | 23.9 | 26.1 | 11.6% |
Total | 36.7 | 38.9 | 57.1 | 58.0 | 16.5% |
Top Export Markets for Fish Fat and Oil from Germany in 2022:
- Latvia (undefinedK tons)
- Greece (4.9K tons)
- France (1.5K tons)
- Denmark (1.2K tons)
- Italy (1.1K tons)
- Czech Republic (1.1K tons)
- Netherlands (1.0K tons)
- Spain (1.0K tons)
- Poland (0.5K tons)
Imports of Fish Fat and Oil in Germany
For the fourth year in a row, Germany recorded growth in supplies from abroad of fish fats and oils, which increased by 2.2% to 9K tons in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +17.7% 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 +63.2% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 50% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, fish fat and oil imports contracted to $31M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. As a result, imports reached the peak of $32M, and then declined modestly in the following year.
Import of Fish Fat and Oil in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 1.5 | 2.9 | 3.8 | 4.7 | 46.3% |
Peru | 2.9 | 2.8 | 2.5 | 3.0 | 1.1% |
Spain | 2.6 | 2.1 | 4.0 | 2.9 | 3.7% |
Denmark | 0.1 | 0.6 | 1.3 | 2.8 | 203.7% |
Netherlands | 0.9 | 3.6 | 3.8 | 2.7 | 44.2% |
Iceland | 1.8 | 1.8 | 2.5 | 2.1 | 5.3% |
China | 2.0 | 0.8 | 2.4 | 2.0 | 0.0% |
France | 1.9 | 2.0 | 2.0 | 1.9 | 0.0% |
Seychelles | N/A | 1.8 | 2.5 | 1.5 | -8.7% |
Lithuania | 3.1 | 1.0 | 1.2 | 1.4 | -23.3% |
United Kingdom | 0.3 | 0.5 | 0.8 | 1.4 | 67.1% |
Poland | 0.2 | 0.3 | 0.3 | 0.4 | 26.0% |
Latvia | N/A | 0.1 | 0.3 | 0.3 | 73.2% |
Others | 2.8 | 2.2 | 4.4 | 4.1 | 13.6% |
Total | 20.2 | 22.3 | 31.7 | 31.0 | 15.3% |
Top Suppliers of Fish Fat and Oil to Germany in 2022:
- Norway (2452.7 tons)
- Denmark (1055.6 tons)
- Netherlands (991.1 tons)
- United Kingdom (875.7 tons)
- Spain (527.5 tons)
- Peru (472.0 tons)
- Iceland (343.7 tons)
- France (338.1 tons)
- Lithuania (262.7 tons)
- China (239.2 tons)
- Seychelles (222.1 tons)
- Poland (189.4 tons)
- Latvia (166.9 tons)
This report provides an in-depth analysis of the market for fish fat and oil in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10411200 - Fats and oils and their fractions of fish or marine mammals (excluding chemically modified)
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for fish fat and oil in Germany.
This report provides an in-depth analysis of the global market for fish fat and oil.
This report provides an in-depth analysis of the market for fish fat and oil in Germany.
This report provides an in-depth analysis of the global market for fish fat and oil.
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.
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.