Price for Fish Meal; Fit for Human Consumption in Germany - 2022

Contents:

1. Price for Fish Meal; Fit for Human Consumption in Germany (CIF) - 2022
2. Price for Fish Meal; Fit for Human Consumption in Germany (FOB) - 2022
3. Imports of Fish Meal; Fit for Human Consumption in Germany
4. Exports of Fish Meal; Fit for Human Consumption in Germany

Price for Fish Meal; Fit for Human Consumption in Germany (CIF) - 2022

The average import price for fish meal; fit for human consumptia stood at $7,277 per ton in 2022, waning by -19.3% against the previous year. Over the period under review, the import price saw a deep slump. The pace of growth was the most pronounced in 2018 when the average import price increased by 300% against the previous year. The import price peaked at $14,749 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Denmark ($12,967 per ton), while the price for Norway ($3,681 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.1%), while the prices for the other major suppliers experienced a decline.

Price for Fish Meal; Fit for Human Consumption in Germany (FOB) - 2022

The average export price for fish meal; fit for human consumptia stood at $2,487 per ton in 2022, which is down by -49.4% against the previous year. Overall, the export price, however, saw a moderate expansion. The most prominent rate of growth was recorded in 2013 an increase of 122%. Over the period under review, the average export prices attained the maximum at $4,911 per ton in 2021, and then dropped sharply in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($2,719 per ton), while the average price for exports to Spain ($1,671 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 Spain (+5.0%), while the prices for the other major destinations experienced a decline.

Imports of Fish Meal; Fit for Human Consumption in Germany

Imports of fish meal; fit for human consumptia into Germany soared to 133 tons in 2022, jumping by 28% against the year before. The total import volume increased at an average annual rate of +10.8% from 2019 to 2022; however, 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.

In value terms, imports of fish meal; fit for human consumptia expanded modestly to $967K in 2022. Over the period under review, imports, however, continue to indicate a deep reduction.

Top Suppliers of Fish Meal; Fit for Human Consumption to Germany in 2022:

1. Norway (69.7 tons)
2. Sweden (44.1 tons)
3. Denmark (14.0 tons)
4. Netherlands (2.3 tons)

Exports of Fish Meal; Fit for Human Consumption in Germany

In 2022, shipments abroad of fish meal; fit for human consumptia was finally on the rise to reach 323 tons after two years of decline. In general, exports, however, saw a dramatic curtailment.

In value terms, exports of fish meal; fit for human consumptia skyrocketed to $804K in 2022. Over the period under review, exports, however, saw a sharp slump.

Top Export Markets for Fish Meal; Fit for Human Consumption from Germany in 2022:

1. United States (228.9 tons)
2. France (61.6 tons)
3. Spain (31.4 tons)

Source: IndexBox Market Intelligence Platform