Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ghana - 2022
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ghana (CIF) - 2022
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ghana (FOB) - 2022
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ghana
- Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ghana
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ghana (CIF) - 2022
In 2022, the average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $1,268 per ton, growing by 7.7% against the previous year. Over the period under review, the import price, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 14%. Over the period under review, average import prices reached the maximum at $1,800 per ton in 2012; however, from 2013 to 2022, 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 India ($5,591 per ton), while the price for Germany ($911 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.1%), while the prices for the other major suppliers experienced a decline.
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ghana (FOB) - 2022
The average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $2,417 per ton in 2022, reducing by -11.1% against the previous year. Overall, the export price, however, continues to indicate a measured increase. The most prominent rate of growth was recorded in 2013 an increase of 69% against the previous year. Over the period under review, the average export prices attained the maximum at $6,130 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($7,240 per ton), while the average price for exports to Portugal ($975 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 France (+9.9%), 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 Ghana
In 2022, approx. 315 tons of fats and oils and their fractions; of fish, (excluding liver-oils)s were imported into Ghana; surging by 3.5% compared with the previous year's figure. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 163% against the previous year. As a result, imports attained the peak of 326 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s expanded remarkably to $399K in 2022. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 129% against the previous year. As a result, imports attained the peak of $440K. 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 Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 109 | 101 | 112 | 144 | 9.7% |
| Norway | 15.5 | 191 | 129 | 130 | 103.2% |
| India | 61.5 | 140 | 96.0 | 115 | 23.2% |
| Angola | N/A | N/A | 13.2 | N/A | 0% |
| Others | 6.0 | 7.9 | 7.4 | 10.5 | 20.5% |
| Total | 192 | 440 | 358 | 399 | 27.6% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Ghana in 2022:
- Germany (158.1 tons)
- Norway (129.0 tons)
- India (20.5 tons)
Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ghana
In 2022, shipments abroad of fats and oils and their fractions; of fish, (excluding liver-oils)s increased by 185% to 113 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a dramatic descent.
In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s skyrocketed to $273K in 2022. Overall, exports, however, recorded a sharp descent.
| Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 1,073 | 179 | 71.3 | 183 | -44.5% |
| France | 157 | 108 | 17.8 | 45.7 | -33.7% |
| Spain | 93.5 | 71.2 | 9.2 | 23.3 | -37.1% |
| Switzerland | 108 | 73.0 | 8.4 | 18.9 | -44.1% |
| Portugal | 10.6 | 7.7 | 1.0 | 2.3 | -39.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,442 | 439 | 108 | 273 | -42.6% |
Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Ghana in 2022:
- Australia (52.4 tons)
- France (43.9 tons)
- Spain (11.7 tons)
- Switzerland (2.6 tons)
- Portugal (2.4 tons)
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This report provides an in-depth analysis of the market for fish fat and oil in Ghana.
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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 Ghana.
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This report provides an in-depth analysis of the global market for fish fat and oil.
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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.
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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.
