Libya - Frozen Fish Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fish Meat Price in Libya - 2022
Contents:
- Frozen Fish Meat Price in Libya (FOB) - 2022
- Frozen Fish Meat Price in Libya (CIF) - 2022
- Frozen Fish Meat Exports in Libya
- Frozen Fish Meat Imports in Libya
Frozen Fish Meat Price in Libya (FOB) - 2022
In 2022, the average frozen fish meat export price amounted to $1,471 per ton, with a decrease of -8.8% against the previous year. Over the period under review, the export price saw a abrupt decline. The pace of growth was the most pronounced in 2014 when the average export price increased by 22%. As a result, the export price reached the peak level of $4,102 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($7,615 per ton), while the average price for exports to Taiwan (Chinese) totaled $799 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+7.8%), while the prices for the other major destinations experienced a decline.
Frozen Fish Meat Price in Libya (CIF) - 2022
The average frozen fish meat import price stood at $6,841 per ton in 2022, rising by 71% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $8,242 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 Italy ($7,312 per ton), while the price for Turkey stood at $3,340 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+13.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Fish Meat Exports in Libya
In 2022, frozen fish meat exports from Libya expanded rapidly to 6.9 tons, surging by 5.2% against the previous year's figure. The total export volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen fish meat exports contracted to $10K in 2022. Overall, exports, however, recorded a pronounced slump. The smallest decline of -4.1% was in 2021.
Export of Frozen Fish Meat in Libya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 4.6 | 4.7 | 5.0 | 5.2 | 4.2% |
Taiwan (Chinese) | 7.0 | 6.1 | 5.6 | 5.0 | -10.6% |
Spain | N/A | 0.3 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 11.6 | 11.1 | 10.6 | 10.2 | -4.2% |
Top Export Markets for Frozen Fish Meat from Libya in 2022:
- Taiwan (Chinese) (6.3 tons)
- Japan (0.7 tons)
Frozen Fish Meat Imports in Libya
For the third year in a row, Libya recorded decline in overseas purchases of frozen fish meat, which decreased by -69.7% to 447 kg in 2022. In general, imports continue to indicate a dramatic contraction. The smallest decline of -7% was in 2020.
In value terms, frozen fish meat imports dropped remarkably to $3.1K in 2022. Overall, imports showed a dramatic shrinkage. The smallest decline of -30.8% was in 2021.
Import of Frozen Fish Meat in Libya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 12.6 | 8.5 | 5.9 | 2.9 | -38.7% |
Turkey | N/A | N/A | N/A | 0.2 | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 12.6 | 8.5 | 5.9 | 3.1 | -37.3% |
Top Suppliers of Frozen Fish Meat to Libya in 2022:
- Italy (394.0 kg)
- Turkey (53.0 kg)
This report provides an in-depth analysis of the frozen fish meat market in Libya. 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 10201500 - Frozen fish meat without bones (excluding fillets)
Country coverage:
- Libya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Libya
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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