Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Libya - 2022

Contents:

  1. Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Libya (CIF) - 2022
  2. Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Libya

Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Libya (CIF) - 2022

In 2022, the average import price for edible products of animal origin; not elsewhere specified or includeds amounted to $2,404 per ton, surging by 16% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 when the average import price increased by 105% against the previous year. Over the period under review, average import prices hit record highs at $6,577 per ton in 2012; however, from 2013 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 Turkey ($9,150 per ton), while the price for Spain ($1,705 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+49.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Libya

In 2022, the amount of edible products of animal origin; not elsewhere specified or includeds imported into Libya soared to 14 tons, with an increase of 369% against the previous year. Over the period under review, imports saw a significant expansion.

In value terms, imports of edible products of animal origin; not elsewhere specified or includeds surged to $33K in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 828%. As a result, imports attained the peak of $89K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1.55.33.120.6139.5%
Turkey1.28.01.98.592.0%
China6.875.81.14.3-14.2%
OthersN/AN/AN/AN/A0%
Total9.689.16.233.551.7%

Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Libya in 2022:

  1. Spain (12.1 tons)
  2. Turkey (0.9 tons)
  3. China (0.9 tons)

Source: IndexBox Market Intelligence Platform

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