Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Iraq - 2022
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Iraq (CIF) - 2022
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Iraq
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Iraq (CIF) - 2022
The average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $26,208 per ton in 2022, waning by -11.5% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 78%. The import price peaked at $29,608 per ton in 2021, and then fell in the following year.
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 United Arab Emirates ($46,579 per ton), while the price for Turkey ($7,560 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 (+14.5%), while the prices for the other major suppliers experienced a decline.
Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Iraq
In 2022, supplies from abroad of fats and oils and their fractions; of fish, (excluding liver-oils)s was finally on the rise to reach 33 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a dramatic decline.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s skyrocketed to $877K in 2022. Over the period under review, imports, however, faced a precipitous curtailment.
Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Iraq (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 195 | 76.8 | 160 | 477 | 34.7% |
United Arab Emirates | 1,894 | 1,176 | 241 | 147 | -57.3% |
Turkey | 0.8 | 2.2 | 7.4 | 118 | 428.4% |
United States | 10.9 | 25.3 | 45.1 | 115 | 119.3% |
Canada | 20.5 | 3.5 | 6.5 | 17.7 | -4.8% |
Pakistan | N/A | 5.7 | N/A | N/A | 0% |
Others | 2.2 | 2.9 | 1.3 | 1.6 | -10.1% |
Total | 2,124 | 1,293 | 461 | 877 | -25.5% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Iraq in 2022:
- Turkey (15.6 tons)
- United Kingdom (10.9 tons)
- United Arab Emirates (3.2 tons)
- United States (3.1 tons)
- Canada (0.6 tons)
This report provides an in-depth analysis of the market for fish fat and oil in Iraq.
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 Iraq.
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.