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World - Fish Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jan 1, 2025

World - Fish Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights

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Fish fat and oil market

Fish fat and oil market: download the most recent data powered by an Ai-driven BI platform. Datasets cover market prices, imports, consumption, companies, production, trade, exports, and market size. Here is a breakdown by country, including the Middle East, Russia, EU, the U.S., the U.K., Africa, Latin America, and China. Market trends and forecast to 2030 are also featured in the snapshots.

Fish Fat and Oil - World's Largest Markets

RatingCountry
1Norway
2China
3Japan
4United States
5India

In value terms, the largest fish fat and oil markets worldwide were Norway, China and Japan, with a combined 48% share of the global market.

Norway recorded the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while fish fat and oil market for the other global leaders experienced more modest paces of growth.

Fish Fat And Oil Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Mauritania470526031443-44.6%
Norway203918811512-13.9%
Chile182617441687-3.9%
Belgium192120041841-2.1%
Morocco215318031930-5.3%
Mexico16021527198811.4%
Denmark16311681201811.2%
United States238021722183-4.2%
France2115224623956.4%
Peru2505228625801.5%
Iceland21162341267512.4%
Netherlands3323323534151.4%
China38645345545318.8%
Average2169214621840.3%

Prices varied noticeably by the country of origin; the country with the highest price was China ($5,453 per ton), while Mauritania ($1,443 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
United States622856644848-11.8%
China26733501323510.0%
Netherlands23842262319815.8%
Canada2785309328300.8%
Japan279325762520-5.0%
Norway1869192622559.8%
Denmark1705166119426.7%
Belgium1809178219122.8%
France235019411854-11.2%
Chile1398139516719.3%
Spain142016291362-2.1%
Greece134212251228-4.3%
Turkey145312911172-10.2%
Average2138219022783.2%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the United States ($4,848 per ton), while Turkey ($1,172 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Fish Fat and Oil - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Norway0.40.40.511.5%
China0.10.20.349.4%
Denmark0.20.20.28.5%
Chile0.10.10.111.9%
Canada0.10.10.110.1%

In value terms, Norway ($478M), China ($259M) and Denmark ($227M) constituted the countries with the highest levels of imports in 2020, with a combined 41% share of global imports. These countries were followed by Chile, Canada, the United States, the Netherlands, Turkey, France, Japan, Belgium, Greece and Spain, which together accounted for a further 36%.

Belgium (+140.9% per year) recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Fish Fat and Oil - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Peru0.40.40.4-3.6%
Denmark0.20.20.314.8%
Norway0.20.20.26.7%
Chile0.10.20.214.8%
United States0.20.20.20.0%

In value terms, the largest fish fat and oil supplying countries worldwide were Peru ($366M), Denmark ($304M) and Norway ($206M), with a combined 38% share of global exports. These countries were followed by Chile, the United States, China, Iceland, Morocco, the Netherlands, Mexico, France, Belgium and Mauritania, which together accounted for a further 41%.

China (+68.0% per year) recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Fish Fat and Oil - Market Forecast

Driven by increasing demand for fish fat and oil worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Fish Fat and Oil - Product Coverage

  • HS 150410 - Oils of fish; fish-liver oils and their fractions, whether or not refined, but not chemically modified
  • HS 150420 - Fats and oils and their fractions; of fish, (excluding liver-oils)
  • HS 150430 - Fats and oils and their fractions; of marine mammals

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for fish fat and oil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 10411200 - Fats and oils and their fractions of fish or marine mammals (excluding chemically modified)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024
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Free Data: Fats And Oils And Their Fractions Of Fish Or Marine Mammals - World
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Fats And Oils And Their Fractions Of Fish Or Marine Mammals - World - Table
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Fats And Oils And Their Fractions Of Fish Or Marine Mammals - World - Dashboard
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Fats And Oils And Their Fractions Of Fish Or Marine Mammals - World - Report