Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Belarus - 2022
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Belarus (CIF) - 2022
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Belarus (FOB) - 2022
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Belarus
- Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Belarus
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Belarus (CIF) - 2022
In 2022, the average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $16,365 per ton, with an increase of 33% against the previous year. Overall, the import price showed a temperate increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 77% against the previous year. As a result, import price reached the peak level of $37,638 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
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 the UK ($39,925 per ton), while the price for Russia ($8,006 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.7%), 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 Belarus (FOB) - 2022
The average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $975 per ton in 2022, dropping by -15.1% against the previous year. In general, the export price showed a sharp curtailment. The most prominent rate of growth was recorded in 2021 when the average export price increased by 84%. Over the period under review, the average export prices attained the peak figure at $23,882 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Kyrgyzstan.
From 2014 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +56.5% per year.
Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Belarus
For the fourth year in a row, Belarus recorded growth in overseas purchases of fats and oils and their fractions; of fish, (excluding liver-oils)s, which increased by 147% to 132 tons in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s surged to $2.2M in 2022. Overall, imports recorded a significant expansion. 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 Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iceland | 5.5 | 51.6 | 206 | 661 | 393.5% |
| United Kingdom | 239 | 198 | 188 | 604 | 36.2% |
| Russia | 13.3 | 201 | 144 | 461 | 226.0% |
| Japan | 310 | 58.2 | 117 | 442 | 12.6% |
| Others | N/A | 7.0 | 3.1 | N/A | -55.7% |
| Total | 568 | 516 | 659 | 2,168 | 56.3% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Belarus in 2022:
- Russia (57.6 tons)
- Iceland (46.2 tons)
- United Kingdom (15.1 tons)
- Japan (13.6 tons)
Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Belarus
For the fourth consecutive year, Belarus recorded growth in overseas shipments of fats and oils and their fractions; of fish, (excluding liver-oils)s, which increased by 120% to 486 tons in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s skyrocketed to $474K in 2022. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 170%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kyrgyzstan | 28.4 | 38.6 | 7.9 | 474 | 155.6% |
| Kazakhstan | N/A | 55.1 | 132 | N/A | 139.6% |
| Vietnam | N/A | N/A | 112 | N/A | 0% |
| Estonia | 21.4 | N/A | N/A | N/A | 0% |
| Others | 7.5 | N/A | 1.7 | N/A | -52.4% |
| Total | 57.3 | 93.7 | 253 | 474 | 102.2% |
Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Belarus in 2022:
- Kyrgyzstan (485.5 tons)
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This report provides an in-depth analysis of the market for fish fat and oil in Belarus.
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This report provides an in-depth analysis of the global market for fish fat and oil.
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This report provides an in-depth analysis of the market for fish fat and oil in Belarus.
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This report provides an in-depth analysis of the global market for fish fat and oil.
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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.
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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.
