Price for Fats and Oils and Their Fractions; of Marine Mammals in Greece - 2023

Contents:

1. Price for Fats and Oils and Their Fractions; of Marine Mammals in Greece (FOB) - 2022
2. Price for Fats and Oils and Their Fractions; of Marine Mammals in Greece (CIF) - 2022
3. Exports of Fats and Oils and Their Fractions; of Marine Mammals in Greece
4. Imports of Fats and Oils and Their Fractions; of Marine Mammals in Greece

Price for Fats and Oils and Their Fractions; of Marine Mammals in Greece (FOB) - 2022

In 2022, the average export price for fats and oils and their fractions; of marine mammalses amounted to $17,083 per ton, surging by 4.2% against the previous year. Overall, the export price recorded a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Iceland.

From 2016 to 2022, the rate of growth in terms of prices for Iceland amounted to +4.2% per year.

Price for Fats and Oils and Their Fractions; of Marine Mammals in Greece (CIF) - 2022

The average import price for fats and oils and their fractions; of marine mammalses stood at $935 per ton in 2021, declining by -22.4% against the previous year. Overall, the import price recorded a abrupt decrease. The pace of growth was the most pronounced in 2020 an increase of 27%. The import price peaked at $2,182 per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Finland amounted to -1.5% per year.

Exports of Fats and Oils and Their Fractions; of Marine Mammals in Greece

Exports of fats and oils and their fractions; of marine mammalses from Greece dropped rapidly to 12 kg in 2022, which is down by -52% on the previous year's figure. In general, exports showed a sharp contraction.

In value terms, exports of fats and oils and their fractions; of marine mammalses dropped remarkably to $205 in 2022. Over the period under review, exports faced a dramatic curtailment.

Top Export Markets for Fats and Oils and Their Fractions; of Marine Mammals from Greece in 2022:

1. Iceland (12.0 kg)

Imports of Fats and Oils and Their Fractions; of Marine Mammals in Greece

After two years of growth, supplies from abroad of fats and oils and their fractions; of marine mammalses decreased by -1.2% to 262 tons in 2021. In general, total imports indicated a significant expansion from 2019 to 2021: its volume increased at an average annual rate of +33.5% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +78.3% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 80% against the previous year. As a result, imports reached the peak of 265 tons, and then fell in the following year.

In value terms, imports of fats and oils and their fractions; of marine mammalses reduced rapidly to $245K in 2021. Overall, imports, however, showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 129%. As a result, imports reached the peak of $319K, and then contracted sharply in the following year.

Top Suppliers of Fats and Oils and Their Fractions; of Marine Mammals to Greece in 2022:

1. Finland (261.7 tons)

Source: IndexBox Market Intelligence Platform