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

Contents:

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

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

The average import price for fish meal; fit for human consumptia stood at $3,033 per ton in December 2021, picking up by 6.2% against the previous month. Over the period under review, the import price, however, recorded a mild curtailment. The most prominent rate of growth was recorded in August 2021 an increase of 62% m-o-m. As a result, import price attained the peak level of $5,167 per ton. From September 2021 to December 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Norway ($7,612 per ton), while the price for Denmark totaled $1,851 per ton.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Denmark (+0.5%).

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

The average export price for fish meal; fit for human consumptia stood at $7,814 per ton in December 2021, shrinking by -37.3% against the previous month. Overall, the export price showed a pronounced descent. The pace of growth appeared the most rapid in November 2021 when the average export price increased by 92% month-to-month. The export price peaked at $13,249 per ton in April 2021; however, from May 2021 to December 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In December 2021, the country with the highest price was Spain ($8,139 per ton), while the average price for exports to Italy stood at $6,773 per ton.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fish Meal; Fit for Human Consumption in Sweden

In 2022, supplies from abroad of fish meal; fit for human consumptia increased by 5.9% to 1.4K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a abrupt curtailment.

In value terms, imports of fish meal; fit for human consumptia stood at $4.5M in 2022. Overall, imports, however, showed a pronounced contraction.

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

1. Denmark (1131.6 tons)
2. Norway (242.9 tons)

Exports of Fish Meal; Fit for Human Consumption in Sweden

In 2022, after three years of growth, there was decline in shipments abroad of fish meal; fit for human consumptia, when their volume decreased by -4.2% to 241 tons. The total export volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 9.2% against the previous year. As a result, the exports attained the peak of 252 tons, and then reduced slightly in the following year.

In value terms, exports of fish meal; fit for human consumptia stood at $2.5M in 2022. Overall, exports showed a perceptible contraction.

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

1. France (66.3 tons)
2. Germany (53.1 tons)
3. Spain (46.4 tons)
4. Portugal (25.2 tons)
5. Italy (24.0 tons)
6. Belgium (15.1 tons)
7. Netherlands (5.5 tons)

Source: IndexBox Market Intelligence Platform