Price for Fats and Oils and Their Fractions; of Marine Mammals in Denmark - 2023
Contents:
- Price for Fats and Oils and Their Fractions; of Marine Mammals in Denmark (FOB) - 2022
- Price for Fats and Oils and Their Fractions; of Marine Mammals in Denmark (CIF) - 2022
- Exports of Fats and Oils and Their Fractions; of Marine Mammals in Denmark
- Imports of Fats and Oils and Their Fractions; of Marine Mammals in Denmark
Price for Fats and Oils and Their Fractions; of Marine Mammals in Denmark (FOB) - 2022
In 2022, the average export price for fats and oils and their fractions; of marine mammalses amounted to $3,734 per ton, therefore, remained relatively stable against the previous year. In general, the export price showed a strong expansion. The most prominent rate of growth was recorded in 2016 an increase of 232%. The export price peaked at $34,905 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Norway.
From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to +9.3% per year.
Price for Fats and Oils and Their Fractions; of Marine Mammals in Denmark (CIF) - 2022
In 2022, the average import price for fats and oils and their fractions; of marine mammalses amounted to $25,610 per ton, picking up by 111% against the previous year. Overall, the import price showed a pronounced expansion. The pace of growth appeared the most rapid in 2016 when the average import price increased by 209%. As a result, import price reached the peak level of $77,008 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Norway ($26,081 per ton), while the price for Sweden amounted to $12,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fats and Oils and Their Fractions; of Marine Mammals in Denmark
After two years of decline, shipments abroad of fats and oils and their fractions; of marine mammalses decreased by 0% to 137 tons in 2022. Over the period under review, exports saw significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of fats and oils and their fractions; of marine mammalses amounted to $510K in 2022. In general, exports showed significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Fats and Oils and Their Fractions; of Marine Mammals in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 2.3 | N/A | N/A | 503 | 502.5% |
| Netherlands | N/A | N/A | N/A | 6.8 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.3 | N/A | N/A | 510 | 505.3% |
Top Export Markets for Fats and Oils and Their Fractions; of Marine Mammals from Denmark in 2022:
- Norway (136.3 tons)
- Netherlands (0.3 tons)
Imports of Fats and Oils and Their Fractions; of Marine Mammals in Denmark
In 2022, imports of fats and oils and their fractions; of marine mammalses into Denmark fell notably to 290 kg, with a decrease of -19.9% against the year before. Over the period under review, imports showed a dramatic slump. The growth pace was the most rapid in 2021 when imports increased by 36,100%.
In value terms, imports of fats and oils and their fractions; of marine mammalses skyrocketed to $7.4K in 2022. Overall, imports saw a significant contraction. The pace of growth was the most pronounced in 2021 when imports increased by 87,700% against the previous year.
| Import of Fats and Oils and Their Fractions; of Marine Mammals in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 0.9 | N/A | 0.1 | 7.1 | 99.1% |
| Sweden | N/A | N/A | N/A | 0.2 | 0% |
| Thailand | 0.7 | N/A | N/A | N/A | 0% |
| Belgium | N/A | N/A | 4.3 | N/A | 0% |
| United Kingdom | 91.7 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Total | 93.4 | N/A | 4.4 | 7.4 | -57.1% |
Top Suppliers of Fats and Oils and Their Fractions; of Marine Mammals to Denmark in 2022:
- Norway (273.0 kg)
- Sweden (16.0 kg)
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