Price for Fish Meal; Fit for Human Consumption in the UK - 2022
Contents:
- Price for Fish Meal; Fit for Human Consumption in the UK (CIF) - 2022
- Price for Fish Meal; Fit for Human Consumption in the UK (FOB) - 2022
- Imports of Fish Meal; Fit for Human Consumption in the UK
- Exports of Fish Meal; Fit for Human Consumption in the UK
Price for Fish Meal; Fit for Human Consumption in the UK (CIF) - 2022
The average import price for fish meal; fit for human consumptia stood at $1,911 per ton in 2022, falling by -11.4% against the previous year. Over the period under review, the import price showed a abrupt slump. The pace of growth was the most pronounced in 2019 when the average import price increased by 64%. As a result, import price attained the peak level of $8,179 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($2,982 per ton), while the price for Denmark totaled $1,712 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.3%), while the prices for the other major suppliers experienced a decline.
Price for Fish Meal; Fit for Human Consumption in the UK (FOB) - 2022
The average export price for fish meal; fit for human consumptia stood at $4,825 per ton in 2022, picking up by 2.3% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 168%. As a result, the export price reached the peak level of $8,478 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($5,898 per ton), while the average price for exports to Poland ($1,953 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 Egypt (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Meal; Fit for Human Consumption in the UK
In 2022, the amount of fish meal; fit for human consumptia imported into the UK soared to 11K tons, growing by 58% compared with 2021 figures. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 27,239%. As a result, imports attained the peak of 14K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of fish meal; fit for human consumptia skyrocketed to $21M in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 6,541% against the previous year. As a result, imports reached the peak of $27M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Fish Meal; Fit for Human Consumption in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | 18.2 | 6.3 | 18.6 | 1.1% |
| Ireland | N/A | 6.4 | 5.2 | N/A | -18.8% |
| Italy | N/A | 0.8 | 2.7 | N/A | 237.5% |
| Others | 0.4 | 2.0 | 1.0 | 2.7 | 89.0% |
| Total | 0.4 | 27.4 | 15.3 | 21.3 | 276.2% |
Top Suppliers of Fish Meal; Fit for Human Consumption to the UK in 2022:
- Denmark (10.9K tons)
Exports of Fish Meal; Fit for Human Consumption in the UK
After two years of decline, shipments abroad of fish meal; fit for human consumptia increased by 36% to 103 tons in 2022. In general, exports, however, continue to indicate a significant curtailment.
In value terms, exports of fish meal; fit for human consumptia soared to $499K in 2022. Over the period under review, exports, however, continue to indicate a dramatic contraction.
| Export of Fish Meal; Fit for Human Consumption in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 69.5 | 35.6 | 199 | 353 | 71.9% |
| France | 0.1 | 0.3 | 56.8 | 101 | 903.3% |
| Poland | 7.2 | 9.4 | 12.5 | 22.2 | 45.5% |
| Norway | 211 | 111 | N/A | N/A | -47.4% |
| Nigeria | 1,292 | 401 | N/A | N/A | -69.0% |
| Egypt | 43.4 | N/A | N/A | N/A | 0% |
| Netherlands | 11.2 | N/A | 32.0 | N/A | 69.0% |
| Others | 58.9 | 80.6 | 58.8 | 23.1 | -26.8% |
| Total | 1,693 | 638 | 359 | 499 | -33.5% |
Top Export Markets for Fish Meal; Fit for Human Consumption from the UK in 2022:
- Ireland (59.8 tons)
- France (30.2 tons)
- Poland (11.4 tons)
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