Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Romania - 2023
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Romania (CIF) - 2023
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Romania (FOB) - 2022
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Romania
- Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Romania
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Romania (CIF) - 2023
In September 2023, the average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $11,359 per ton, surging by 6.3% against the previous month. Overall, the import price enjoyed a buoyant increase. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 210% month-to-month. Over the period under review, average import prices attained the maximum at $26,088 per ton in May 2023; however, from June 2023 to September 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From December 2022 to September 2023, the rate of growth in terms of prices for France amounted to +8.0% per month.
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Romania (FOB) - 2022
In 2022, the average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $1,396 per ton, declining by -1.7% against the previous year. Overall, the export price recorded a abrupt decrease. The pace of growth was the most pronounced in 2018 when the average export price increased by 59%. Over the period under review, the average export prices reached the maximum at $9,987 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($3,111 per ton), while the average price for exports to Italy ($1,315 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 Italy (-3.8%), while the prices for the other major destinations experienced a decline.
Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Romania
In 2022, purchases abroad of fats and oils and their fractions; of fish, (excluding liver-oils)s was finally on the rise to reach 788 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a abrupt descent.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s contracted modestly to $7.3M in 2022. Overall, imports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 0.2%. As a result, imports attained the peak of $9M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.4 | 3.5 | 2.3 | 3.4 | -8.2% |
| China | N/A | N/A | 0.6 | 1.7 | 183.3% |
| Netherlands | 2.5 | 3.7 | 3.1 | 1.3 | -19.6% |
| Germany | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
| Iceland | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Denmark | 1.2 | 0.9 | 0.1 | N/A | -71.1% |
| Others | 0.5 | 0.6 | 0.9 | 0.6 | 6.3% |
| Total | 9.0 | 9.0 | 7.4 | 7.3 | -6.7% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Romania in 2022:
- France (565.4 tons)
- Netherlands (112.4 tons)
- China (52.8 tons)
- Iceland (16.1 tons)
- Germany (9.0 tons)
- Denmark (2.8 tons)
Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Romania
For the third year in a row, Romania recorded decline in shipments abroad of fats and oils and their fractions; of fish, (excluding liver-oils)s, which decreased by -29% to 46 tons in 2022. Overall, exports saw a dramatic slump. The smallest decline of -4.4% was in 2021.
In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s declined markedly to $65K in 2022. Over the period under review, exports showed a dramatic decrease. The smallest decline of -9.7% was in 2021.
| Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 82.0 | 65.6 | 77.3 | 58.3 | -10.7% |
| Bulgaria | 1.3 | 2.2 | 6.2 | 4.2 | 47.8% |
| Hungary | 1.0 | 2.2 | 3.1 | 2.4 | 33.9% |
| Switzerland | 28.6 | 29.0 | 6.3 | N/A | -53.1% |
| France | 80.1 | 4.1 | N/A | N/A | -94.9% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 193 | 103 | 93.0 | 64.9 | -30.5% |
Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Romania in 2022:
- Italy (44.3 tons)
- Bulgaria (1.4 tons)
- Hungary (0.8 tons)
442
This report provides an in-depth analysis of the market for fish fat and oil in Romania.
820
This report provides an in-depth analysis of the global market for fish fat and oil.
442
This report provides an in-depth analysis of the market for fish fat and oil in Romania.
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.
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.
