Non-Liquid Margarine Price in Libya - 2022
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Non-Liquid Margarine Price in Libya (CIF) - 2022
The average non-liquid margarine import price stood at $1,471 per ton in 2022, dropping by -3.1% against the previous year. Over the period under review, the import price recorded a perceptible decrease. The pace of growth was the most pronounced in 2021 an increase of 21% against the previous year. Over the period under review, average import prices reached the peak figure at $2,070 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($1,845 per ton), while the price for Algeria ($1,041 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Liquid Margarine Imports in Libya
In 2022, imports of non-liquid margarine into Libya fell significantly to 5.4K tons, dropping by -38.8% compared with the year before. Overall, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 347%.
In value terms, non-liquid margarine imports declined remarkably to $7.9M in 2022. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 440% against the previous year. As a result, imports reached the peak of $13M, and then shrank significantly in the following year.
Import of Non-Liquid Margarine in Libya (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tunisia | 7.6 | 1.8 | 9.4 | 5.5 | -10.2% |
Egypt | 0.7 | 0.3 | 1.6 | 1.2 | 19.7% |
Algeria | 0.4 | 0.1 | 0.6 | 0.4 | 0.0% |
Spain | 0.6 | N/A | 0.6 | 0.3 | -20.6% |
Turkey | 0.8 | 0.1 | 0.5 | 0.2 | -37.0% |
Others | 0.5 | 0.1 | 0.6 | 0.3 | -15.7% |
Total | 10.7 | 2.5 | 13.3 | 7.9 | -9.6% |
Top Suppliers of Non-Liquid Margarine to Libya in 2022:
- Tunisia (3677.2 tons)
- Egypt (737.2 tons)
- Algeria (340.7 tons)
- Turkey (212.9 tons)
- Spain (154.9 tons)
This report provides an in-depth analysis of the margarine and shortening market in Libya.
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This report provides an in-depth analysis of the global margarine and shortening market.
This report provides an in-depth analysis of the margarine and shortening market in Libya.
Global Margarine Spread Market Report 2018. This report provides an in-depth analysis of the global margarine spread market.
This report provides an in-depth analysis of the global margarine and shortening market.
Explore the top import markets for margarine and shortening globally, including key statistics and market insights.
Global margarine and shortening consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.
In 2015, the country with the largest volume of the margarine and shortening output was the United States (X thousand tons), accounting for X% of global production.
Explore the top import markets for margarine and shortening globally, including key statistics and market insights.
Global margarine and shortening consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.
In 2015, the country with the largest volume of the margarine and shortening output was the United States (X thousand tons), accounting for X% of global production.