Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ethiopia - 2022
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ethiopia (CIF) - 2022
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ethiopia
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ethiopia (CIF) - 2022
In 2022, the average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $72,119 per ton, surging by 961% against the previous year. Over the period under review, the import price recorded a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +960.4% per year.
Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ethiopia
In 2022, overseas purchases of fats and oils and their fractions; of fish, (excluding liver-oils)s decreased by -98.1% to 286 kg, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2020 with an increase of 21% against the previous year. As a result, imports reached the peak of 21 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s dropped markedly to $21K in 2022. Overall, imports continue to indicate a significant curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 22% against the previous year. As a result, imports reached the peak of $181K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | 4.4 | 20.6 | 368.2% |
| India | 147 | 176 | 98.4 | N/A | -18.2% |
| Others | 0.9 | 5.3 | 1.0 | N/A | 5.4% |
| Total | 148 | 181 | 104 | 20.6 | -48.2% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Ethiopia in 2022:
- United Kingdom (286.0 kg)
102
This report provides an in-depth analysis of the market for fish fat and oil in Ethiopia.
748
This report provides an in-depth analysis of the global market for fish fat and oil.
102
This report provides an in-depth analysis of the market for fish fat and oil in Ethiopia.
748
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.
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.
