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

Contents:

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

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

In 2022, the average import price for fish meal; fit for human consumptia amounted to $10,796 per ton, which is down by -2.1% against the previous year. Over the period under review, the import price, however, continues to indicate a strong increase. The growth pace was the most rapid in 2020 an increase of 66%. The import price peaked at $11,028 per ton in 2021, and then fell modestly in the following year.

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 France ($13,974 per ton), while the price for the Czech Republic amounted to $3,857 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+0.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for fish meal; fit for human consumptia amounted to $82,273 per ton, with a decrease of -8% against the previous year. Overall, the export price, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 32% against the previous year. Over the period under review, the average export prices attained the peak figure at $89,381 per ton in 2021, and then reduced in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to +6.7% per year.

Imports of Fish Meal; Fit for Human Consumption in Slovakia

After three years of growth, purchases abroad of fish meal; fit for human consumptia decreased by -9.4% to 25 tons in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.7% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 59%.

In value terms, imports of fish meal; fit for human consumptia shrank to $274K in 2022. Over the period under review, imports, however, recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 165%.

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

1. France (17.2 tons)
2. Czech Republic (8.1 tons)

Exports of Fish Meal; Fit for Human Consumption in Slovakia

In 2022, exports of fish meal; fit for human consumptia from Slovakia rose to 22 kg, with an increase of 4.8% on the previous year. The total export volume increased at an average annual rate of +13.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 47% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of fish meal; fit for human consumptia dropped to $1.8K in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 94%.

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

1. Czech Republic (22.0 kg)

Source: IndexBox Market Intelligence Platform