Price for Fats and Oils and Their Fractions; of Marine Mammals in the United States - 2023

Contents:

  1. Price for Fats and Oils and Their Fractions; of Marine Mammals in the United States (CIF) - 2022
  2. Imports of Fats and Oils and Their Fractions; of Marine Mammals in the United States

Price for Fats and Oils and Their Fractions; of Marine Mammals in the United States (CIF) - 2022

The average import price for fats and oils and their fractions; of marine mammalses stood at $38,468 per ton in 2022, picking up by 81% against the previous year. In general, the import price, however, showed a deep contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 437%. Over the period under review, average import prices hit record highs at $103,681 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to +1.8% per year.

Imports of Fats and Oils and Their Fractions; of Marine Mammals in the United States

In 2022, overseas purchases of fats and oils and their fractions; of marine mammalses decreased by -95.3% to 62 kg, falling for the second year in a row after two years of growth. In general, imports saw a dramatic shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 830% against the previous year. As a result, imports attained the peak of 16 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of fats and oils and their fractions; of marine mammalses fell significantly to $2.4K in 2022. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 2,085% against the previous year. As a result, imports reached the peak of $63K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Fats and Oils and Their Fractions; of Marine Mammals in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/AN/A2.40%
NorwayN/AN/A20.7N/A0%
MoroccoN/A63.2N/AN/A0%
Poland2.9N/AN/AN/A0%
OthersN/AN/A7.3N/A0%
Total2.963.227.92.4-6.1%

Top Suppliers of Fats and Oils and Their Fractions; of Marine Mammals to the United States in 2022:

  1. France (62.0 kg)

Source: IndexBox Market Intelligence Platform

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