Price for Fish Meal; Fit for Human Consumption in Colombia - 2022

Contents:

  1. Price for Fish Meal; Fit for Human Consumption in Colombia (CIF) - 2022
  2. Imports of Fish Meal; Fit for Human Consumption in Colombia

Price for Fish Meal; Fit for Human Consumption in Colombia (CIF) - 2022

In 2022, the average import price for fish meal; fit for human consumptia amounted to $7,789 per ton, jumping by 18% against the previous year. Overall, the import price, however, showed a abrupt setback. Over the period under review, average import prices reached the peak figure at $15,762 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, 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 -5.9% per year.

Imports of Fish Meal; Fit for Human Consumption in Colombia

In 2022, purchases abroad of fish meal; fit for human consumptia decreased by -3.9% to 35 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +13.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 39% against the previous year.

In value terms, imports of fish meal; fit for human consumptia expanded remarkably to $276K in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 22%. As a result, imports attained the peak of $308K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Fish Meal; Fit for Human Consumption in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway2533082442762.9%
OthersN/AN/AN/AN/A0%
Total2533082442762.9%

Top Suppliers of Fish Meal; Fit for Human Consumption to Colombia in 2022:

  1. Norway (35.4 tons)

Source: IndexBox Market Intelligence Platform

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