Price for Fats and Oils and Their Fractions; of Marine Mammals in France - 2023

Contents:

  1. Price for Fats and Oils and Their Fractions; of Marine Mammals in France (CIF) - 2022
  2. Price for Fats and Oils and Their Fractions; of Marine Mammals in France (FOB) - 2022
  3. Imports of Fats and Oils and Their Fractions; of Marine Mammals in France
  4. Exports of Fats and Oils and Their Fractions; of Marine Mammals in France

Price for Fats and Oils and Their Fractions; of Marine Mammals in France (CIF) - 2022

The average import price for fats and oils and their fractions; of marine mammalses stood at $2,298 per ton in 2022, with a decrease of -79% against the previous year. In general, the import price, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2015 an increase of 149% against the previous year. The import price peaked at $28,896 per ton in 2016; however, from 2017 to 2022, 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 Belgium ($28,247 per ton), while the price for Sweden ($1,714 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.4%).

Price for Fats and Oils and Their Fractions; of Marine Mammals in France (FOB) - 2022

The average export price for fats and oils and their fractions; of marine mammalses stood at $38,000 per ton in 2022, surging by 118% against the previous year. In general, the export price, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 183%. Over the period under review, the average export prices hit record highs at $228,800 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($57,900 per ton), while the average price for exports to Singapore ($3,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+26.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fats and Oils and Their Fractions; of Marine Mammals in France

For the fourth consecutive year, France recorded growth in overseas purchases of fats and oils and their fractions; of marine mammalses, which increased by 557% to 261 tons in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,242% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of fats and oils and their fractions; of marine mammalses soared to $601K in 2022. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 713%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Fats and Oils and Their Fractions; of Marine Mammals in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/AN/AN/A3810%
GermanyN/A29.1305118101.4%
Others20.824.513110269.9%
Total20.853.6436601206.9%

Top Suppliers of Fats and Oils and Their Fractions; of Marine Mammals to France in 2022:

  1. Sweden (222.6 tons)
  2. Germany (35.9 tons)

Exports of Fats and Oils and Their Fractions; of Marine Mammals in France

For the third consecutive year, France recorded decline in overseas shipments of fats and oils and their fractions; of marine mammalses, which decreased by -64.8% to 19 kg in 2022. Over the period under review, exports saw a dramatic descent. The smallest decline of -64.5% was in 2020.

In value terms, exports of fats and oils and their fractions; of marine mammalses reduced remarkably to $722 in 2022. In general, exports showed a sharp downturn.

Export of Fats and Oils and Their Fractions; of Marine Mammals in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/AN/A0.60%
United StatesN/AN/AN/A0.10%
Cameroon0.9N/AN/AN/A0%
Belgium21.60.1N/AN/A-99.5%
Togo1.7N/AN/AN/A0%
LuxembourgN/A1.0N/AN/A0%
NorwayN/AN/A0.8N/A0%
El SalvadorN/A2.3N/AN/A0%
SingaporeN/AN/AN/AN/A0%
Italy3.0N/AN/AN/A0%
Others0.5N/A0.1N/A-55.3%
Total27.83.30.90.7-70.7%

Top Export Markets for Fats and Oils and Their Fractions; of Marine Mammals from France in 2022:

  1. Switzerland (10.0 kg)
  2. United States (7.0 kg)
  3. Luxembourg (1.0 kg)
  4. Singapore (1.0 kg)

Source: IndexBox Market Intelligence Platform

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