Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Switzerland - 2024
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Switzerland (CIF) - 2024
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Switzerland (FOB) - 2024
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Switzerland
- Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Switzerland
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Switzerland (CIF) - 2024
The average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $10,460 per ton in September 2023, with a decrease of -12.5% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 99% against the previous month. As a result, import price reached the peak level of $18,093 per ton. From June 2023 to September 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Peru ($36,554 per ton), while the price for Thailand ($6,691 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Norway (+52.3%), 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 Switzerland (FOB) - 2024
In September 2023, the average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $28,413 per ton, jumping by 79% against the previous month. Overall, export price indicated buoyant growth from January 2023 to September 2023: its price increased at an average monthly rate of +5.2% over the last eight-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, export price for fats and oils and their fractions; of fish, (excluding liver-oils)s increased by +79.2% against August 2023 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 September 2023, the country with the highest price was Germany ($276K per ton), while the average price for exports to the United States ($11,432 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+38.2%), 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 Switzerland
In 2022, after three years of growth, there was significant decline in supplies from abroad of fats and oils and their fractions; of fish, (excluding liver-oils)s, when their volume decreased by -31.1% to 1.6K tons. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 39%. As a result, imports attained the peak of 2.3K tons, and then dropped significantly in the following year.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s reduced markedly to $16M in 2022. In general, imports continue to indicate a perceptible downturn. The growth pace was the most rapid in 2021 when imports increased by 6.4% against the previous year. As a result, imports attained the peak of $19M, and then reduced rapidly in the following year.
| Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 8.7 | 7.0 | 5.1 | 4.2 | -21.6% |
| Mexico | N/A | 2.0 | 2.8 | 3.2 | 26.5% |
| Canada | 0.9 | 2.0 | 1.4 | 2.2 | 34.7% |
| New Zealand | 0.9 | 0.6 | 2.8 | 1.6 | 21.1% |
| Germany | 1.1 | 1.3 | 1.7 | 1.1 | 0.0% |
| Netherlands | 1.4 | 0.8 | 1.5 | 0.9 | -13.7% |
| Norway | N/A | N/A | 0.6 | 0.6 | 0.0% |
| Peru | N/A | N/A | 0.5 | 0.5 | 0.0% |
| Thailand | 2.8 | 0.4 | 0.8 | N/A | -46.5% |
| Mauritius | 0.7 | 2.1 | 0.4 | N/A | -24.4% |
| Others | 1.3 | 1.5 | 1.3 | 1.7 | 9.4% |
| Total | 17.8 | 17.8 | 19.0 | 16.0 | -3.5% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Switzerland in 2022:
- Mexico (374.4 tons)
- Japan (372.2 tons)
- Canada (214.2 tons)
- New Zealand (150.8 tons)
- Norway (121.6 tons)
- Peru (107.0 tons)
- Germany (100.5 tons)
- Netherlands (53.1 tons)
Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Switzerland
In 2022, shipments abroad of fats and oils and their fractions; of fish, (excluding liver-oils)s decreased by -13.5% to 717 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 4.8% against the previous year. As a result, the exports attained the peak of 829 tons, and then contracted in the following year.
In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s reduced to $12M in 2022. Overall, exports recorded a pronounced downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 2% against the previous year. As a result, the exports reached the peak of $14M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 4,629 | 4,031 | 3,183 | 3,264 | -11.0% |
| Mexico | 1,608 | 3,040 | 2,921 | 2,529 | 16.3% |
| Philippines | 991 | 1,366 | 1,044 | 1,053 | 2.0% |
| Indonesia | 1,405 | 1,842 | 1,308 | 1,021 | -10.1% |
| Singapore | 346 | 732 | 1,389 | 861 | 35.5% |
| United States | N/A | 4.9 | 533 | 387 | 788.7% |
| Denmark | 234 | 306 | 293 | 382 | 17.7% |
| Germany | 213 | 344 | 467 | 351 | 18.1% |
| China | 141 | 195 | 206 | 257 | 22.2% |
| Iran | 191 | 272 | 271 | 240 | 7.9% |
| Brazil | 70.2 | 172 | 221 | 223 | 47.0% |
| France | 1,257 | 79.3 | 42.6 | 32.0 | -70.6% |
| Others | 2,827 | 1,809 | 1,318 | 1,347 | -21.9% |
| Total | 13,912 | 14,192 | 13,197 | 11,947 | -4.9% |
Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Switzerland in 2022:
- Netherlands (232.8 tons)
- Mexico (131.7 tons)
- Philippines (54.4 tons)
- Indonesia (53.0 tons)
- Singapore (44.4 tons)
- United States (42.8 tons)
- Denmark (30.4 tons)
- Germany (26.5 tons)
- China (12.9 tons)
- Iran (12.2 tons)
- Brazil (11.4 tons)
- France (3.1 tons)
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This report provides an in-depth analysis of the market for fish fat and oil in Switzerland.
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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 Switzerland.
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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.
