Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Libya - 2022
Contents:
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Libya (CIF) - 2022
- Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Libya
Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Libya (CIF) - 2022
The average import price for powdered sweetened milk and cream of fat weight content over 1.5% stood at $3,627 per ton in 2022, growing by 132% against the previous year. Over the period under review, the import price recorded a buoyant increase. Over the period under review, average import prices hit record highs at $7,328 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 Egypt ($4,850 per ton), while the price for Turkey amounted to $808 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+96.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Libya
After three years of growth, purchases abroad of powdered sweetened milk and cream of fat weight content over 1.5% decreased by -94.2% to 59 tons in 2022. In general, imports recorded a dramatic decrease. The growth pace was the most rapid in 2020 when imports increased by 199% against the previous year.
In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% dropped rapidly to $215K in 2022. Overall, imports faced a dramatic contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 69%. As a result, imports attained the peak of $1.6M, and then contracted remarkably in the following year.
| Import of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 370 | N/A | N/A | 201 | -18.4% |
| Turkey | 154 | 23.0 | 59.1 | 14.5 | -54.5% |
| Saudi Arabia | 215 | 96.8 | N/A | N/A | -55.0% |
| Ukraine | N/A | 786 | 1,328 | N/A | 69.0% |
| Others | 84.3 | 39.7 | 206 | N/A | 56.3% |
| Total | 824 | 945 | 1,593 | 215 | -36.1% |
Top Suppliers of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% to Libya in 2022:
- Egypt (41.4 tons)
- Turkey (18.0 tons)
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