Non-Liquid Margarine Price in Tunisia - 2022

Contents:

  1. Non-Liquid Margarine Price in Tunisia (FOB) - 2022
  2. Non-Liquid Margarine Price in Tunisia (CIF) - 2022
  3. Non-Liquid Margarine Exports in Tunisia
  4. Non-Liquid Margarine Imports in Tunisia

Non-Liquid Margarine Price in Tunisia (FOB) - 2022

In December 2022, the average non-liquid margarine export price amounted to $2,017 per ton, rising by 2.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in January 2022 when the average export price increased by 14% against the previous month. The export price peaked at $2,130 per ton in July 2022; however, from August 2022 to December 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In December 2022, the country with the highest price was Gambia ($2,402 per ton), while the average price for exports to Lebanon ($1,562 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Congo (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Liquid Margarine Price in Tunisia (CIF) - 2022

The average non-liquid margarine import price stood at $438 per ton in 2022, rising by 1.5% against the previous year. Over the period under review, the import price, however, showed a abrupt decline. Over the period under review, average import prices hit record highs at $2,093 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Italy ($1,120 per ton), while the price for Turkey totaled $391 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-4.4%).

Non-Liquid Margarine Exports in Tunisia

In 2022, overseas shipments of non-liquid margarine were finally on the rise to reach 5.1K tons after two years of decline. Over the period under review, exports, however, recorded a slight slump.

In value terms, non-liquid margarine exports declined slightly to $4.7M in 2022. The total export value increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year.

Export of Non-Liquid Margarine in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Libya9591,5081,020935-0.8%
Guinea4708756696078.9%
Cameroon789796524567-10.4%
Gabon570213657438-8.4%
Congo20316630634219.0%
Madagascar12215113820819.5%
Gambia21751.4253193-3.8%
Lebanon10017495.916417.9%
Jordan43.982.547.912541.7%
Equatorial Guinea59.811994.311524.4%
Others4943461,01395624.6%
Total4,0284,4824,8194,6504.9%

Top Export Markets for Non-Liquid Margarine from Tunisia in 2022:

  1. Libya (1099.1 tons)
  2. Cameroon (661.3 tons)
  3. Guinea (584.3 tons)
  4. Gabon (416.5 tons)
  5. Congo (363.1 tons)
  6. Lebanon (223.6 tons)
  7. Madagascar (197.8 tons)
  8. Gambia (197.5 tons)
  9. Jordan (146.5 tons)
  10. Equatorial Guinea (102.9 tons)

Non-Liquid Margarine Imports in Tunisia

In 2022, approx. 8.1 tons of non-liquid margarine were imported into Tunisia; declining by -24.9% against the previous year. Overall, imports saw a dramatic decline. The pace of growth was the most pronounced in 2021 with an increase of 99%.

In value terms, non-liquid margarine imports contracted dramatically to $3.5K in 2022. In general, imports showed a sharp descent. The most prominent rate of growth was recorded in 2021 when imports increased by 90%.

Import of Non-Liquid Margarine in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey17.02.13.73.0-43.9%
Italy2.00.30.60.6-33.1%
BelgiumN/AN/A0.3N/A0%
OthersN/AN/AN/AN/A0%
Total19.02.44.63.5-43.1%

Top Suppliers of Non-Liquid Margarine to Tunisia in 2022:

  1. Turkey (7.5 tons)
  2. Italy (0.5 tons)

Source: IndexBox Market Intelligence Platform

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