Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ukraine - 2023

Contents:

  1. Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ukraine (CIF) - 2023
  2. Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ukraine (FOB) - 2022
  3. Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ukraine
  4. Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ukraine

Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ukraine (CIF) - 2023

The average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $14,658 per ton in August 2023, rising by 323% against the previous month. In general, the import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 326% month-to-month. As a result, import price reached the peak level of $20,437 per ton. From February 2023 to August 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Norway ($39,263 per ton), while the price for France ($2,885 per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Norway (+28.4%), 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 Ukraine (FOB) - 2022

The average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $4,778 per ton in 2022, falling by -84.9% against the previous year. In general, the export price faced a abrupt slump. Over the period under review, the average export prices reached the peak figure at $76,613 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -28.2% per year.

Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ukraine

After three years of growth, purchases abroad of fats and oils and their fractions; of fish, (excluding liver-oils)s decreased by -19.6% to 237 tons in 2022. In general, imports, however, posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 63%. As a result, imports attained the peak of 295 tons, and then shrank rapidly in the following year.

In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s fell notably to $918K in 2022. Overall, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 120%. As a result, imports reached the peak of $1.3M, and then shrank dramatically in the following year.

Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France18929241836524.5%
Iceland41.482.726323077.1%
China85.910132817927.7%
LithuaniaN/AN/A9.121.9140.7%
LatviaN/A10.017.715.424.1%
Others95.21122791074.0%
Total4115981,31591830.7%

Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Ukraine in 2022:

  1. France (164.7 tons)
  2. Iceland (32.6 tons)
  3. China (16.9 tons)
  4. Lithuania (9.4 tons)
  5. Latvia (8.6 tons)

Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ukraine

In 2022, the amount of fats and oils and their fractions; of fish, (excluding liver-oils)s exported from Ukraine skyrocketed to 1.5 tons, increasing by 3,607% compared with 2021 figures. Over the period under review, exports, however, recorded a significant decline.

In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s soared to $7.3K in 2022. In general, exports, however, saw a dramatic decrease.

Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/AN/A0%
Netherlands2.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.3N/AN/AN/A0%

Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Ukraine in 2022:

  1. Spain (1.5 tons)

Source: IndexBox Market Intelligence Platform

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