Price for Fats and Oils and Their Fractions; of Marine Mammals in Sweden - 2023
Contents:
- Price for Fats and Oils and Their Fractions; of Marine Mammals in Sweden (FOB) - 2022
- Price for Fats and Oils and Their Fractions; of Marine Mammals in Sweden (CIF) - 2022
- Exports of Fats and Oils and Their Fractions; of Marine Mammals in Sweden
- Imports of Fats and Oils and Their Fractions; of Marine Mammals in Sweden
Price for Fats and Oils and Their Fractions; of Marine Mammals in Sweden (FOB) - 2022
In 2022, the average export price for fats and oils and their fractions; of marine mammalses amounted to $126,588 per ton, surging by 649% against the previous year. Overall, the export price posted a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iceland ($250,205 per ton), while the average price for exports to Denmark ($10,345 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 Hong Kong SAR (+35.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fats and Oils and Their Fractions; of Marine Mammals in Sweden (CIF) - 2022
The average import price for fats and oils and their fractions; of marine mammalses stood at $12,593 per ton in 2022, with a decrease of -2.4% against the previous year. In general, the import price, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2016 an increase of 93%. As a result, import price attained the peak level of $16,347 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
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 Iceland ($20,861 per ton), while the price for Norway stood at $10,406 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+120.3%), 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 Sweden
In 2022, overseas shipments of fats and oils and their fractions; of marine mammalses were finally on the rise to reach 444 kg after two years of decline. Over the period under review, exports, however, recorded a deep slump.
In value terms, exports of fats and oils and their fractions; of marine mammalses surged to $56K in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fats and Oils and Their Fractions; of Marine Mammals in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iceland | N/A | N/A | N/A | 50.0 | 0% |
| Norway | 7.4 | 3.9 | 3.7 | 4.0 | -18.5% |
| Denmark | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
| Hong Kong SAR | N/A | 0.8 | N/A | N/A | 0% |
| Others | 0.2 | 1.4 | 0.3 | 1.9 | 111.8% |
| Total | 7.7 | 6.3 | 4.3 | 56.2 | 94.0% |
Top Export Markets for Fats and Oils and Their Fractions; of Marine Mammals from Sweden in 2022:
- Norway (208.0 kg)
- Iceland (200.0 kg)
- Denmark (29.0 kg)
Imports of Fats and Oils and Their Fractions; of Marine Mammals in Sweden
Imports of fats and oils and their fractions; of marine mammalses into Sweden shrank markedly to 648 kg in 2022, reducing by -74.6% against the previous year. Over the period under review, imports faced a dramatic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 25%.
In value terms, imports of fats and oils and their fractions; of marine mammalses contracted sharply to $8.2K in 2022. In general, imports saw a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year.
| Import of Fats and Oils and Their Fractions; of Marine Mammals in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 29.6 | 20.2 | 21.7 | 5.2 | -44.0% |
| Iceland | 8.6 | 4.6 | 10.7 | 2.9 | -30.4% |
| Others | 0.1 | N/A | 0.5 | 0.1 | 0.0% |
| Total | 38.3 | 24.8 | 32.9 | 8.2 | -40.2% |
Top Suppliers of Fats and Oils and Their Fractions; of Marine Mammals to Sweden in 2022:
- Norway (503.0 kg)
- Iceland (137.0 kg)
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