Price for Fats and Oils and Their Fractions; of Marine Mammals in Indonesia - 2022
Contents:
- Price for Fats and Oils and Their Fractions; of Marine Mammals in Indonesia (CIF) - 2022
- Imports of Fats and Oils and Their Fractions; of Marine Mammals in Indonesia
Price for Fats and Oils and Their Fractions; of Marine Mammals in Indonesia (CIF) - 2022
In 2022, the average import price for fats and oils and their fractions; of marine mammalses amounted to $11,949 per ton, picking up by 23% against the previous year. Over the period under review, the import price recorded a moderate increase. The pace of growth was the most pronounced in 2014 when the average import price increased by 57%. Over the period under review, average import prices hit record highs at $15,389 per ton in 2019; however, from 2020 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 Singapore ($18,450 per ton), while the price for Thailand ($1,143 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+2.2%), while the prices for the other major suppliers experienced a decline.
Imports of Fats and Oils and Their Fractions; of Marine Mammals in Indonesia
In 2022, the amount of fats and oils and their fractions; of marine mammalses imported into Indonesia surged to 59 kg, growing by 181% on the previous year's figure. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 544% against the previous year. As a result, imports reached the peak of 116 kg. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of fats and oils and their fractions; of marine mammalses soared to $705 in 2022. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 336%. As a result, imports attained the peak of $1.2K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Fats and Oils and Their Fractions; of Marine Mammals in Indonesia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 21.0 | 31.0 | 32.0 | 369 | 160.0% |
| Canada | 186 | 724 | 97.0 | 190 | 0.7% |
| Australia | 59.0 | 363 | 71.0 | 138 | 32.7% |
| Thailand | 5.0 | 2.0 | 4.0 | 8.0 | 17.0% |
| Others | 6.0 | 87.0 | N/A | N/A | 1350.0% |
| Total | 277 | 1,207 | 204 | 705 | 36.5% |
Top Suppliers of Fats and Oils and Their Fractions; of Marine Mammals to Indonesia in 2022:
- Singapore (20.0 kg)
- Australia (18.0 kg)
- Canada (14.0 kg)
- Thailand (7.0 kg)
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This report provides an in-depth analysis of the market for fish fat and oil in Indonesia.
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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 Indonesia.
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This report provides an in-depth analysis of the global market for fish fat and oil.
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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.
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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.
