Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Peru - 2022
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Peru (FOB) - 2022
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Peru (CIF) - 2022
- Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Peru
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Peru
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Peru (FOB) - 2022
The average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $3,851 per ton in 2022, picking up by 64% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fats and oils and their fractions; of fish, (excluding liver-oils)s increased by +71.9% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 the United States ($5,805 per ton), while the average price for exports to Chile ($3,113 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 Norway (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Peru (CIF) - 2022
In 2022, the average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $2,192 per ton, jumping by 28% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2013 an increase of 37%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.
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 Turkey ($3,738 per ton), while the price for Chile ($1,938 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+29.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Peru
Exports of fats and oils and their fractions; of fish, (excluding liver-oils)s from Peru dropped dramatically to 146K tons in 2022, waning by -35.2% on 2021. In general, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 59%. As a result, the exports attained the peak of 225K tons, and then shrank remarkably in the following year.
In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s rose rapidly to $562M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 48.0 | 39.7 | 101 | 130 | 39.4% |
| Canada | 77.4 | 64.5 | 75.4 | 80.6 | 1.4% |
| Chile | 27.5 | 32.6 | 31.1 | 56.2 | 26.9% |
| Denmark | 71.1 | 16.3 | 51.4 | 53.9 | -8.8% |
| United States | 26.8 | 23.7 | 29.0 | 45.5 | 19.3% |
| Norway | 36.6 | 30.3 | 56.9 | 36.2 | -0.4% |
| Netherlands | 5.4 | 16.1 | 7.7 | 29.8 | 76.7% |
| Australia | 17.8 | 25.6 | 31.9 | 27.9 | 16.2% |
| Belgium | 58.8 | 75.5 | 87.1 | 25.6 | -24.2% |
| Japan | 15.4 | 10.7 | 14.1 | 17.1 | 3.6% |
| Others | 35.2 | 30.3 | 43.3 | 59.2 | 18.9% |
| Total | 420 | 365 | 529 | 562 | 10.2% |
Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Peru in 2022:
- China (33.1K tons)
- Canada (20.5K tons)
- Chile (18.0K tons)
- Denmark (15.7K tons)
- Norway (8.7K tons)
- United States (7.8K tons)
- Netherlands (7.7K tons)
- Belgium (7.4K tons)
- Australia (6.4K tons)
- Japan (5.5K tons)
Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Peru
In 2022, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s into Peru soared to 4.3K tons, with an increase of 35% compared with the previous year. Over the period under review, imports, however, saw a sharp curtailment.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s skyrocketed to $9.5M in 2022. In general, imports, however, showed a precipitous curtailment.
| Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 18.8 | 3.0 | 3.9 | 6.9 | -28.4% |
| Ecuador | N/A | N/A | 0.4 | 1.2 | 200.0% |
| Turkey | N/A | 0.2 | 0.5 | 0.7 | 87.1% |
| United States | 2.0 | 1.2 | 0.4 | 0.4 | -41.5% |
| Others | 1.5 | 0.3 | 0.3 | 0.3 | -41.5% |
| Total | 22.3 | 4.7 | 5.5 | 9.5 | -24.8% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Peru in 2022:
- Chile (3559.1 tons)
- Ecuador (521.5 tons)
- Turkey (191.4 tons)
- United States (26.7 tons)
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This report provides an in-depth analysis of the market for fish fat and oil in Peru.
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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 Peru.
820
This report provides an in-depth analysis of the global market for fish fat and oil.
622
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.
