Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Libya - 2022

Contents:

  1. Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Libya (CIF) - 2022
  2. Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Libya

Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Libya (CIF) - 2022

In 2022, the average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $5,205 per ton, falling by -9.3% against the previous year. Over the period under review, the import price saw a perceptible curtailment. The pace of growth appeared the most rapid in 2016 an increase of 76% against the previous year. Over the period under review, average import prices hit record highs at $9,862 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($5,884 per ton), while the price for Spain ($4,938 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.7%), while the prices for the other major suppliers experienced a decline.

Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Libya

For the third consecutive year, Libya recorded decline in purchases abroad of mollusc preparations; cuttle fish and squid, prepared or preserveds, which decreased by -89.7% to 396 kg in 2022. Over the period under review, imports continue to indicate a dramatic descent. The smallest decline of -28.3% was in 2020.

In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds fell significantly to $2.1K in 2022. Overall, imports continue to indicate a significant decline. The smallest decline of -35.6% was in 2020.

Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain46.426.08.21.3-69.6%
Italy20.011.84.20.6-68.9%
Lithuania16.610.74.50.2-77.1%
GermanyN/A4.91.3N/A-73.5%
AustriaN/AN/A3.9N/A0%
OthersN/AN/AN/AN/A0%
Total83.153.522.12.1-70.7%

Top Suppliers of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved to Libya in 2022:

  1. Spain (258.0 kg)
  2. Italy (95.0 kg)
  3. Lithuania (43.0 kg)

Source: IndexBox Market Intelligence Platform

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