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

Contents:

  1. Price for Fish Meal; Fit for Human Consumption in Luxembourg (CIF) - 2022
  2. Price for Fish Meal; Fit for Human Consumption in Luxembourg (FOB) - 2022
  3. Imports of Fish Meal; Fit for Human Consumption in Luxembourg
  4. Exports of Fish Meal; Fit for Human Consumption in Luxembourg

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

The average import price for fish meal; fit for human consumptia stood at $25,551 per ton in 2022, waning by -5.3% against the previous year. In general, the import price, however, posted a noticeable increase. The most prominent rate of growth was recorded in 2017 an increase of 63%. Over the period under review, average import prices attained the peak figure at $26,991 per ton in 2021, and then declined in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($26,396 per ton), while the price for Belgium amounted to $22,108 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fish Meal; Fit for Human Consumption in Luxembourg (FOB) - 2022

The average export price for fish meal; fit for human consumptia stood at $6,000 per ton in 2021, flattening at the previous year. Overall, the export price continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 228%. The export price peaked at $76,387 per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2012 to 2021, the rate of growth in terms of prices for Belgium amounted to +10.4% per year.

Imports of Fish Meal; Fit for Human Consumption in Luxembourg

For the third year in a row, Luxembourg recorded decline in overseas purchases of fish meal; fit for human consumptia, which decreased by -10% to 421 kg in 2022. Overall, imports recorded a abrupt descent. The smallest decline of -2.7% was in 2021.

In value terms, imports of fish meal; fit for human consumptia fell to $11K in 2022. Over the period under review, imports recorded a mild curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, imports attained the peak of $13K, and then dropped in the following year.

Import of Fish Meal; Fit for Human Consumption in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.56.310.48.952.7%
Belgium0.52.52.11.853.3%
Netherlands7.5N/AN/AN/A0%
Others0.6N/A0.1N/A-59.2%
Total11.18.912.610.8-0.9%

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

  1. France (338.0 kg)
  2. Belgium (83.0 kg)

Exports of Fish Meal; Fit for Human Consumption in Luxembourg

In 2021, exports of fish meal; fit for human consumptia from Luxembourg amounted to 1 kg, approximately reflecting 2020 figures. In general, exports continue to indicate a significant decrease. The smallest decline of 99.9% was in 2020.

In value terms, exports of fish meal; fit for human consumptia amounted to $6 in 2021. Over the period under review, exports faced a significant curtailment. The smallest decline of 99.9% was in 2020.

Export of Fish Meal; Fit for Human Consumption in Luxembourg (USD)
COUNTRY201920202021CAGR,
2019-2021
SwitzerlandN/AN/A6.00%
Belgium563N/AN/A0%
OthersN/AN/AN/A0%
Total563N/A6.0-89.7%

Top Export Markets for Fish Meal; Fit for Human Consumption from Luxembourg in 2022:

  1. Switzerland (1.0 kg)

Source: IndexBox Market Intelligence Platform

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