Price for Fruit Pears and Quinces in Libya - 2022
Contents:
Price for Fruit Pears and Quinces in Libya (CIF) - 2022
The average fruit pears and quinces import price stood at $647 per ton in 2022, shrinking by -6% against the previous year. Over the period under review, the import price saw a perceptible setback. The pace of growth was the most pronounced in 2017 when the average import price increased by 7.8%. As a result, import price attained the peak level of $832 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($940 per ton), while the price for Chile ($242 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+0.5%), while the prices for the other major suppliers experienced a decline.
Imports of Fruit Pears and Quinces in Libya
For the fourth year in a row, Libya recorded growth in supplies from abroad of fruit, edible, which increased by 19% to 12K tons in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +19.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, fruit pears and quinces imports rose notably to $7.6M in 2022. The total import value increased at an average annual rate of +12.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Fruit Pears and Quinces in Libya (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 3.8 | 4.4 | 5.0 | 5.8 | 15.1% |
Tunisia | 1.1 | 1.1 | 1.2 | 1.2 | 2.9% |
Argentina | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
Chile | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Total | 5.4 | 6.1 | 6.8 | 7.6 | 12.1% |
Top Suppliers of Fruit, Edible; Pears and Quinces, Fresh to Libya in 2022:
- Italy (6.1K tons)
- Tunisia (3.6K tons)
- Argentina (1.1K tons)
- Chile (0.8K tons)
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