Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Libya - 2022
Contents:
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Libya (CIF) - 2022
- Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Libya
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Libya (CIF) - 2022
In 2022, the average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $4,271 per ton, which is down by -2% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 31%. The import price peaked at $5,739 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 the UK ($5,683 per ton), while the price for New Zealand ($2,124 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.1%), while the prices for the other major suppliers experienced a decline.
Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Libya
Imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) into Libya plummeted to 61 tons in 2022, waning by -35.2% against 2021 figures. Over the period under review, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 238% against the previous year. As a result, imports reached the peak of 94 tons, and then fell rapidly in the following year.
In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) fell sharply to $261K in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 270%. As a result, imports attained the peak of $412K, and then shrank remarkably in the following year.
Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Libya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 14.4 | 33.2 | 193 | 129 | 107.7% |
Romania | 47.9 | 46.8 | 97.5 | 39.5 | -6.2% |
Spain | 12.9 | 15.7 | 66.0 | 31.9 | 35.2% |
United Kingdom | N/A | N/A | N/A | 22.6 | 0% |
Italy | 1.5 | 1.3 | 11.8 | 12.6 | 103.3% |
Tanzania | N/A | N/A | N/A | 11.2 | 0% |
Uruguay | 12.1 | 12.8 | 34.2 | 10.5 | -4.6% |
Others | 15.7 | 1.3 | 9.2 | 4.0 | -36.6% |
Total | 105 | 111 | 412 | 261 | 35.5% |
Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Libya in 2022:
- Australia (28.9 tons)
- Romania (9.6 tons)
- Spain (8.8 tons)
- Italy (4.3 tons)
- United Kingdom (4.0 tons)
- Uruguay (3.0 tons)
- Tanzania (2.3 tons)
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