Price for Fats and Oils and Their Fractions; of Marine Mammals in Belgium - 2023
Contents:
- Price for Fats and Oils and Their Fractions; of Marine Mammals in Belgium (FOB) - 2022
- Exports of Fats and Oils and Their Fractions; of Marine Mammals in Belgium
Price for Fats and Oils and Their Fractions; of Marine Mammals in Belgium (FOB) - 2022
In 2022, the average export price for fats and oils and their fractions; of marine mammalses amounted to $120,342 per ton, picking up by 45% against the previous year. Overall, the export price enjoyed measured growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 1,306% against the previous year. As a result, the export price reached the peak level of $1,443,850 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($126,115 per ton), while the average price for exports to Spain ($37,549 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-9.3%).
Exports of Fats and Oils and Their Fractions; of Marine Mammals in Belgium
In 2022, the amount of fats and oils and their fractions; of marine mammalses exported from Belgium shrank notably to 6.7 tons, with a decrease of -65.4% compared with 2021. Over the period under review, exports saw a precipitous descent.
In value terms, exports of fats and oils and their fractions; of marine mammalses reduced notably to $806K in 2022. Overall, exports saw a sharp curtailment.
| Export of Fats and Oils and Their Fractions; of Marine Mammals in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| France | 1,118 | 789 | -29.4% | ||
| Spain | N/A | 16.1 | 0% | ||
| Netherlands | 335 | 0.1 | -100.0% | ||
| Denmark | 159 | N/A | 0% | ||
| Others | N/A | 0.1 | 0% | ||
| Total | 1,612 | 806 | -50.0% | ||
Top Export Markets for Fats and Oils and Their Fractions; of Marine Mammals from Belgium in 2022:
- France (6.3 tons)
- Spain (0.4 tons)
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This report provides an in-depth analysis of the market for fish fat and oil in Belgium.
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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.
