Price for Fats and Oils and Their Fractions; of Marine Mammals in Latvia - 2022

Contents:

  1. Price for Fats and Oils and Their Fractions; of Marine Mammals in Latvia (CIF) - 2022
  2. Imports of Fats and Oils and Their Fractions; of Marine Mammals in Latvia

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

The average import price for fats and oils and their fractions; of marine mammalses stood at $8,714 per ton in 2022, flattening at the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 72%. As a result, import price reached the peak level of $14,874 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Lithuania.

From 2015 to 2022, the rate of growth in terms of prices for Lithuania amounted to +0.9% per year.

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

In 2022, overseas purchases of fats and oils and their fractions; of marine mammalses decreased by 0% to 140 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 17% against the previous year. As a result, imports attained the peak of 280 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fats and oils and their fractions; of marine mammalses totaled $1.2K in 2022. In general, imports showed a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. As a result, imports reached the peak of $2.4K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Fats and Oils and Their Fractions; of Marine Mammals in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania2.02.4N/A1.2-15.7%
OthersN/AN/AN/AN/A0%
Total2.02.4N/A1.2-15.7%

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

  1. Lithuania (140.0 kg)

Source: IndexBox Market Intelligence Platform

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