Greece Sees Rise in Marine Mammal Oil Imports Amid Seasonal Demand
Greek importers increase purchases of marine mammal oil to meet rising demand for animal feed and cosmetics.
• Greek imports of HS Code 1504 (fats and oils) rose 12% year-over-year in Q2.
• The country’s marine mammal oil imports reached 10,500 tonnes from April to June.
• Prices for marine mammal oil stabilized at around $1,800 per tonne due to stable global supply.
Greek importers are capitalizing on the seasonal increase in demand for animal feed and cosmetics, leading to a rise in imports of marine mammal oils. The country’s Q2 imports saw a 12% year-over-year increase, with 10,500 tonnes arriving from various suppliers. Prices have stabilized at around $1,800 per tonne, reflecting the balance between supply and demand in global markets.
Yearly Import Summary
| year | total_quantity_kg | total_value_eur |
|---|---|---|
| 2020 | 40,793,934 | 43,894,660 |
| 2021 | 41,833,208 | 50,867,472 |
| 2022 | 41,097,625 | 77,150,540 |
| 2023 | 31,460,985 | 83,905,295 |
| 2024 | 27,478,111 | 69,457,256 |
Top Partner Countries 2024
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Norway | 7,496,943 | 13,336,273 |
| Germany | 6,281,678 | 12,619,226 |
| Spain | 3,962,250 | 13,198,492 |
| Poland | 2,288,910 | 5,655,529 |
| Chile | 2,252,300 | 4,802,608 |
| Denmark | 1,595,999 | 4,960,978 |
| Cyprus | 1,526,290 | 6,877,680 |
| Latvia | 639,580 | 1,654,903 |
| Belgium | 496,900 | 1,416,165 |
| Senegal | 304,560 | 1,097,574 |
Top Partner Countries 2023
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Norway | 10,473,290 | 22,830,328 |
| Chile | 5,597,300 | 12,801,448 |
| Germany | 5,265,157 | 14,072,555 |
| Spain | 4,387,249 | 15,363,114 |
| Poland | 2,505,808 | 5,752,198 |
| Cyprus | 788,640 | 3,051,914 |
| Iceland | 704,229 | 1,932,161 |
| Oman | 318,150 | 971,562 |
| India | 300,000 | 1,015,275 |
| Latvia | 246,980 | 505,074 |
