Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Israel - 2024
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Israel (CIF) - 2024
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Israel (FOB) - 2022
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Israel
- Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Israel
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Israel (CIF) - 2024
The average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $3,887 per ton in August 2023, approximately reflecting the previous month. Over the period from January 2023 to August 2023, it increased at an average monthly rate of +3.4%. The growth pace was the most rapid in May 2023 an increase of 27% m-o-m. Over the period under review, average import prices attained the maximum in August 2023.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Norway ($3,887 per ton), while the price for the UK totaled $3,887 per ton.
From January 2023 to August 2023, the most notable rate of growth in terms of prices was attained by Chile (+8.2%), 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 Israel (FOB) - 2022
In 2022, the average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $8,294 per ton, jumping by 281% against the previous year. Over the period under review, the export price showed a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($16,999 per ton), while the average price for exports to Turkey ($3,633 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 the UK (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Israel
In 2022, approx. 466 tons of fats and oils and their fractions; of fish, (excluding liver-oils)s were imported into Israel; jumping by 65% against 2021. Over the period under review, imports enjoyed a significant increase. 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 contracted to $1.8M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.2% 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 +47.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 67%. As a result, imports reached the peak of $2.1M, and then reduced in the following year.
| Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 141 | 130 | 233 | 648 | 66.3% |
| United Kingdom | 6.2 | 4.6 | 7.0 | 631 | 366.9% |
| United States | 2.7 | 118 | 48.7 | 287 | 373.7% |
| China | 1.5 | 18.9 | 14.7 | 183 | 396.0% |
| Chile | 7.5 | 13.4 | 20.2 | 91.0 | 129.8% |
| India | 803 | 683 | 1,182 | N/A | 21.3% |
| South Africa | 96.8 | 82.4 | 143 | N/A | 21.5% |
| Others | 280 | 196 | 436 | N/A | 24.8% |
| Total | 1,338 | 1,246 | 2,084 | 1,840 | 11.2% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Israel in 2022:
- Norway (225.7 tons)
- United Kingdom (110.1 tons)
- Chile (89.9 tons)
- China (23.1 tons)
- United States (16.9 tons)
Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Israel
In 2022, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s from Israel soared to 57 tons, surging by 40% compared with the previous year. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 6,350%. As a result, the exports attained the peak of 182 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s skyrocketed to $475K in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 6,130%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.2 | 23.8 | 1.8 | 264 | 997.0% |
| Turkey | 0.1 | 3.1 | 1.5 | 114 | 944.6% |
| Switzerland | 0.1 | 9.3 | 1.9 | 97.0 | 889.9% |
| Germany | 0.7 | 39.7 | 10.0 | N/A | 278.0% |
| France | 0.4 | 20.7 | 4.6 | N/A | 239.1% |
| India | 0.4 | 23.3 | 5.9 | N/A | 284.1% |
| Australia | 4.0 | 241 | 60.8 | N/A | 289.9% |
| Canada | 0.1 | 3.5 | 0.9 | N/A | 200.0% |
| Others | 0.1 | 9.4 | 1.6 | N/A | 300.0% |
| Total | 6.0 | 374 | 89.0 | 475 | 329.4% |
Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Israel in 2022:
- Turkey (31.4 tons)
- United Kingdom (15.5 tons)
- Switzerland (10.4 tons)
379
This report provides an in-depth analysis of the market for fish fat and oil in Israel.
810
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 Israel.
810
This report provides an in-depth analysis of the global market for fish fat and oil.
616
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.
