Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ecuador - 2022
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ecuador (CIF) - 2022
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ecuador (FOB) - 2022
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ecuador
- Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ecuador
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ecuador (CIF) - 2022
In 2022, the average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $2,597 per ton, jumping by 64% against the previous year. In general, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 78% against the previous year. As a result, import price reached the peak level of $2,913 per ton. From 2015 to 2022, the average import prices remained at a 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 Peru ($3,610 per ton), while the price for Chile ($1,870 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+15.6%).
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ecuador (FOB) - 2022
The average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $2,314 per ton in 2022, increasing by 32% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($2,556 per ton), while the average price for exports to Spain ($1,653 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 Denmark (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ecuador
For the fourth consecutive year, Ecuador recorded growth in overseas purchases of fats and oils and their fractions; of fish, (excluding liver-oils)s, which increased by 92% to 12K tons in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s skyrocketed to $31M in 2022. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 1.2 | 3.1 | 4.4 | 14.4 | 128.9% |
| Chile | 3.2 | 3.2 | 4.8 | 11.9 | 54.9% |
| Mexico | N/A | N/A | N/A | 2.9 | 0% |
| Oman | N/A | N/A | N/A | 0.4 | 0% |
| Others | 0.2 | 0.2 | 0.5 | 1.0 | 71.0% |
| Total | 4.7 | 6.5 | 9.7 | 30.6 | 86.7% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Ecuador in 2022:
- Chile (6.4K tons)
- Peru (4.0K tons)
- Mexico (1.0K tons)
- Oman (0.2K tons)
Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ecuador
In 2022, shipments abroad of fats and oils and their fractions; of fish, (excluding liver-oils)s decreased by -29.2% to 3.8K tons, falling for the second year in a row after two years of growth. Overall, exports, however, enjoyed tangible growth. The most prominent rate of growth was recorded in 2020 with an increase of 137%. As a result, the exports attained the peak of 8.4K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s contracted to $8.9M in 2022. In general, exports, however, showed a strong expansion. The growth pace was the most rapid in 2020 when exports increased by 139%. As a result, the exports reached the peak of $16M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 1.5 | 2.0 | 1.8 | 2.6 | 20.1% |
| Chile | 1.8 | 8.3 | 2.3 | 2.5 | 11.6% |
| Peru | 0.2 | 0.1 | 0.3 | 1.4 | 91.3% |
| China | 0.4 | 0.8 | 2.1 | 1.3 | 48.1% |
| Honduras | 0.4 | 0.3 | 0.3 | 0.4 | 0.0% |
| Iceland | 1.2 | 0.5 | 0.4 | 0.3 | -37.0% |
| Spain | 0.3 | 0.2 | 1.2 | 0.1 | -30.7% |
| Belgium | 0.4 | N/A | 0.6 | N/A | 22.5% |
| Canada | N/A | 2.9 | 0.2 | N/A | -93.1% |
| Others | 0.4 | 0.3 | 0.1 | 0.3 | -9.1% |
| Total | 6.5 | 15.5 | 9.5 | 8.9 | 11.0% |
Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Ecuador in 2022:
- Colombia (1176.0 tons)
- Chile (975.3 tons)
- Peru (629.5 tons)
- China (504.7 tons)
- Honduras (239.3 tons)
- Iceland (128.5 tons)
- Spain (88.0 tons)
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This report provides an in-depth analysis of the market for fish fat and oil in Ecuador.
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This report provides an in-depth analysis of the global market for fish fat and oil.
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This report provides an in-depth analysis of the market for fish fat and oil in Ecuador.
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This report provides an in-depth analysis of the global market for fish fat and oil.
603
Over the past decade, global production of fish fat and oil rose from 3.7M tons to 11.3M tons. In value terms, production expanded significantly from $6.5B to $16.7B estimated in export prices.
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Over the past decade, global production of fish fat and oil rose from 3.7M tons to 11.3M tons. In value terms, production expanded significantly from $6.5B to $16.7B estimated in export prices.
