Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Pakistan - 2023
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Pakistan (FOB) - 2022
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Pakistan (CIF) - 2022
- Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Pakistan
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Pakistan
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Pakistan (FOB) - 2022
In 2022, the average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $1,235 per ton, with an increase of 21% against the previous year. Over the period from 2015 to 2022, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2018 an increase of 27% against the previous year. As a result, the export price attained the peak level of $1,391 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($1,364 per ton), while the average price for exports to China totaled $1,225 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+4.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Pakistan (CIF) - 2022
The average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $1,207 per ton in 2022, shrinking by -2.3% against the previous year. Over the period under review, the import price continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 397%. As a result, import price attained the peak level of $9,417 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,499 per ton), while the price for Switzerland totaled $1,095 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-6.3%), while the prices for the other major suppliers experienced a decline.
Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Pakistan
In 2022, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s from Pakistan declined notably to 292 tons, falling by -42.3% compared with 2021 figures. Overall, exports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 2.7% against the previous year.
In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s reduced remarkably to $361K in 2022. Over the period under review, exports continue to indicate a sharp downturn. The smallest decline of -6.7% was in 2021.
| Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 215 | 239 | 211 | 332 | 15.6% |
| Vietnam | 546 | 296 | 166 | 28.4 | -62.7% |
| Egypt | N/A | N/A | 139 | N/A | 0% |
| Others | N/A | 18.6 | N/A | N/A | 0% |
| Total | 761 | 553 | 516 | 361 | -22.0% |
Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Pakistan in 2022:
- China (271.2 tons)
- Vietnam (20.9 tons)
Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Pakistan
Imports of fats and oils and their fractions; of fish, (excluding liver-oils)s into Pakistan soared to 273 tons in 2022, rising by 43% compared with 2021. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 792%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s skyrocketed to $330K in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 387% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | 178 | 229 | 28.7% |
| China | 33.9 | 33.9 | 39.7 | 92.1 | 39.5% |
| Norway | N/A | N/A | 17.7 | N/A | 0% |
| Others | 10.3 | 14.5 | N/A | 8.6 | -5.8% |
| Total | 44.2 | 48.4 | 236 | 330 | 95.4% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Pakistan in 2022:
- Switzerland (209.3 tons)
- China (61.5 tons)
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This report provides an in-depth analysis of the market for fish fat and oil in Pakistan.
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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 Pakistan.
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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.
