Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Libya - 2022

Contents:

  1. Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Libya (CIF) - 2022
  2. Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Libya (FOB) - 2022
  3. Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Libya
  4. Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Libya

Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Libya (CIF) - 2022

In 2022, the average import price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $5,426 per ton, standing approx. at the previous year. Over the period under review, the import price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of 11% against the previous year. Over the period under review, average import prices reached the maximum at $9,664 per ton in 2012; however, from 2013 to 2022, 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 India ($8,910 per ton), while the price for Turkey ($4,290 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+1.5%), while the prices for the other major suppliers experienced a decline.

Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Libya (FOB) - 2022

In 2022, the average export price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $15,972 per ton, reducing by -6.6% against the previous year. Over the period under review, the export price, however, continues to indicate prominent growth. The pace of growth appeared the most rapid in 2014 an increase of 15%. The export price peaked at $17,104 per ton in 2021, and then fell in the following year.

As there is only one major export destination, the average price level is determined by prices for Egypt.

From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to +6.4% per year.

Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Libya

In 2022, the amount of nuts, edible; cashew nuts, shelled, fresh or drieds imported into Libya shrank rapidly to 262 tons, waning by -42.6% compared with the previous year. In general, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 572%. As a result, imports reached the peak of 455 tons, and then shrank rapidly in the following year.

In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds dropped markedly to $1.4M in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 544%. As a result, imports attained the peak of $2.5M, and then dropped notably in the following year.

Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey6.7105977469312.1%
SpainN/AN/A89.6261191.3%
Cote d'IvoireN/AN/A349203-41.8%
India190130331161-5.4%
United Arab Emirates75.123.743814223.7%
Vietnam22411823286.9-27.1%
NigeriaN/AN/AN/A50.40%
Others8.34.641.146.477.5%
Total5053812,4571,41941.1%

Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Libya in 2022:

  1. Turkey (109.2 tons)
  2. Cote d'Ivoire (40.8 tons)
  3. Spain (39.3 tons)
  4. United Arab Emirates (25.1 tons)
  5. India (18.1 tons)
  6. Vietnam (11.2 tons)
  7. Nigeria (9.9 tons)

Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Libya

In 2022, overseas shipments of nuts, edible; cashew nuts, shelled, fresh or drieds were finally on the rise to reach 2.3 tons after two years of decline. Over the period under review, exports, however, showed a deep setback.

In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds expanded slightly to $37K in 2022. Overall, exports, however, showed a mild shrinkage.

Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt39.037.636.236.9-1.8%
OthersN/AN/AN/AN/A0%
Total39.037.636.236.9-1.8%

Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Libya in 2022:

  1. Egypt (2.3 tons)

Source: IndexBox Market Intelligence Platform

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