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

Contents:

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

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

In 2022, the average import price for fish meal; fit for human consumptia amounted to $15,534 per ton, picking up by 17% against the previous year. Over the period under review, the import price, however, recorded a mild reduction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 54% against the previous year. Over the period under review, average import prices reached the peak figure at $17,956 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 France ($52,052 per ton), while the price for Denmark ($7,883 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for fish meal; fit for human consumptia amounted to $15,917 per ton, with a decrease of -3.9% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 2,827% against the previous year. As a result, the export price attained the peak level of $29,272 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($25,000 per ton), while the average price for exports to Hungary ($6,138 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 Singapore (+2.5%), while the prices for the other major destinations experienced a decline.

Imports of Fish Meal; Fit for Human Consumption in Switzerland

In 2022, supplies from abroad of fish meal; fit for human consumptia increased by 27% to 15 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a deep reduction.

In value terms, imports of fish meal; fit for human consumptia soared to $236K in 2022. Over the period under review, imports, however, recorded a deep reduction.

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

1. Norway (12.3 tons)
2. France (0.8 tons)
3. Germany (0.6 tons)
4. Denmark (0.3 tons)

Exports of Fish Meal; Fit for Human Consumption in Switzerland

Exports of fish meal; fit for human consumptia from Switzerland declined remarkably to 833 kg in 2022, with a decrease of -40.5% on 2021. In general, exports saw a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of 456% against the previous year. As a result, the exports reached the peak of 1.4 tons, and then declined dramatically in the following year.

In value terms, exports of fish meal; fit for human consumptia reduced markedly to $13K in 2022. Over the period under review, exports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 602%.

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

1. Germany (613.0 kg)
2. Hungary (217.0 kg)

Source: IndexBox Market Intelligence Platform