Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in the Czech Republic - 2023
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in the Czech Republic (CIF) - 2023
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in the Czech Republic (FOB) - 2023
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in the Czech Republic
- Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in the Czech Republic
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in the Czech Republic (CIF) - 2023
The average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $2,944 per ton in September 2023, which is down by -39.1% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 64% against the previous month. The import price peaked at $5,524 per ton in April 2023; however, from May 2023 to September 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the highest price was recorded for prices from the Netherlands ($3,657 per ton) and Poland ($3,222 per ton), while the price for Norway ($2,522 per ton) and Sweden ($2,704 per ton) were amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.3%), 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 the Czech Republic (FOB) - 2023
In September 2023, the average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $10,947 per ton, surging by 2.7% against the previous month. Over the last nine-month period, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 39% month-to-month. As a result, the export price attained the peak level of $13,352 per ton. From August 2023 to September 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($39,840 per ton), while the average price for exports to Malaysia ($6,972 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.9%), 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 the Czech Republic
In 2022, purchases abroad of fats and oils and their fractions; of fish, (excluding liver-oils)s decreased by -24.8% to 2.4K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 34%. As a result, imports reached the peak of 3.2K tons, and then fell dramatically in the following year.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s fell to $6.4M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.4% 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 +49.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. As a result, imports reached the peak of $7.4M, and then contracted in the following year.
| Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 560 | 1,411 | 2,134 | 2,455 | 63.7% |
| Germany | 1,579 | 2,187 | 3,526 | 2,348 | 14.1% |
| Poland | 3.7 | 43.9 | 102 | 709 | 476.5% |
| Sweden | N/A | 371 | 323 | 388 | 2.3% |
| Latvia | N/A | 136 | 584 | 232 | 30.6% |
| Norway | 353 | 39.8 | 73.2 | 53.3 | -46.8% |
| France | 745 | N/A | 3.4 | 0.3 | -92.6% |
| United Kingdom | 628 | 548 | 176 | 0.1 | -94.6% |
| Lithuania | 263 | N/A | N/A | N/A | 0% |
| Others | 172 | 299 | 439 | 257 | 14.3% |
| Total | 4,303 | 5,036 | 7,360 | 6,442 | 14.4% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to the Czech Republic in 2022:
- Germany (1155.5 tons)
- Netherlands (624.3 tons)
- Poland (333.5 tons)
- Latvia (161.0 tons)
- Sweden (97.0 tons)
- Norway (22.0 tons)
- United Kingdom (0.1 tons)
Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in the Czech Republic
For the fourth year in a row, the Czech Republic recorded growth in overseas shipments of fats and oils and their fractions; of fish, (excluding liver-oils)s, which increased by 6.4% to 127 tons in 2022. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 71% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s soared to $1.2M in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 85% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 91.4 | 163 | 357 | 370 | 59.4% |
| Germany | 28.9 | 15.3 | 22.0 | 194 | 88.6% |
| France | 33.6 | 28.7 | 61.0 | 74.9 | 30.6% |
| Romania | 19.0 | 41.0 | 58.1 | 55.5 | 42.9% |
| Hungary | 31.2 | 44.4 | 52.6 | 51.2 | 18.0% |
| Lithuania | 18.5 | 29.3 | 67.1 | 48.0 | 37.4% |
| Slovakia | 20.4 | 26.3 | 47.2 | 38.7 | 23.8% |
| Malaysia | 19.2 | 29.3 | 36.0 | 36.7 | 24.1% |
| Spain | 10.0 | 22.1 | 32.5 | 35.3 | 52.3% |
| Bulgaria | 6.1 | 12.8 | 18.5 | 26.8 | 63.8% |
| Ukraine | 0.8 | 0.8 | 11.6 | 25.9 | 218.7% |
| Slovenia | 10.6 | 6.4 | 11.6 | 14.8 | 11.8% |
| Sweden | 19.1 | 27.9 | 11.9 | 0.2 | -78.1% |
| Others | 53.2 | 69.8 | 171 | 194 | 53.9% |
| Total | 362 | 517 | 959 | 1,166 | 47.7% |
Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from the Czech Republic in 2022:
- Poland (54.0 tons)
- Germany (9.5 tons)
- France (8.1 tons)
- Hungary (7.7 tons)
- Romania (6.5 tons)
- Malaysia (5.8 tons)
- Lithuania (5.3 tons)
- Bulgaria (3.1 tons)
- Slovakia (3.0 tons)
- Ukraine (2.8 tons)
- Spain (2.8 tons)
- Slovenia (1.7 tons)
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This report provides an in-depth analysis of the market for fish fat and oil in the Czech Republic.
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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 the Czech Republic.
809
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.
