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

Contents:

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

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

In 2022, the average import price for fish meal; fit for human consumptia amounted to $28,088 per ton, leveling off at the previous year. Overall, the import price posted perceptible growth. The pace of growth was the most pronounced in 2019 an increase of 40% against the previous year. Over the period under review, average import prices reached the peak figure at $29,562 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Norway.

From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to +2.6% per year.

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

In 2022, the average export price for fish meal; fit for human consumptia amounted to $20,063 per ton, with an increase of 16% against the previous year. Overall, the export price, however, recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when the average export price increased by 70% against the previous year. The export price peaked at $54,300 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 Uruguay ($31,045 per ton), while the average price for exports to France totaled $6,639 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malta (-9.2%), while the prices for the other major destinations experienced a decline.

Imports of Fish Meal; Fit for Human Consumption in Brazil

In 2022, supplies from abroad of fish meal; fit for human consumptia decreased by 0% to 238 kg, falling for the second year in a row after two years of growth. Overall, imports saw a mild decline. The most prominent rate of growth was recorded in 2020 with an increase of 90%. As a result, imports reached the peak of 475 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fish meal; fit for human consumptia totaled $6.7K in 2022. In general, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 83% against the previous year. As a result, imports attained the peak of $13K. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. Norway (238.0 kg)

Exports of Fish Meal; Fit for Human Consumption in Brazil

In 2022, exports of fish meal; fit for human consumptia from Brazil soared to 80 kg, increasing by 900% on the year before. Over the period under review, exports posted a pronounced expansion.

In value terms, exports of fish meal; fit for human consumptia surged to $1.6K in 2022. Overall, exports showed buoyant growth.

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

1. Uruguay (44.0 kg)
2. France (36.0 kg)

Source: IndexBox Market Intelligence Platform