Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Libya - 2022

Contents:

  1. Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Libya (CIF) - 2022
  2. Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Libya

Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Libya (CIF) - 2022

The average import price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $3,901 per ton in 2022, with an increase of 20% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 24% against the previous year. As a result, import price attained the peak level of $4,582 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($6,045 per ton), while the price for the United Arab Emirates ($2,957 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Libya

Imports of powdered unsweetened milk and cream of fat weight content over 1.5% into Libya dropped significantly to 11K tons in 2022, falling by -45% on the year before. In general, imports saw a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 52% against the previous year.

In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% plummeted to $43M in 2022. Overall, imports showed a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 54% against the previous year.

Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Libya (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand50.631.245.234.7-11.8%
United Arab Emirates12.23.74.62.9-38.1%
Netherlands10.72.79.32.7-36.8%
ArgentinaN/A1.1N/A1.10.0%
PortugalN/AN/A0.60.833.3%
Saudi Arabia0.2N/A2.4N/A246.4%
Others3.93.42.90.5-49.6%
Total77.542.164.942.7-18.0%

Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Libya in 2022:

  1. New Zealand (8.9K tons)
  2. United Arab Emirates (1.0K tons)
  3. Netherlands (0.5K tons)
  4. Argentina (0.3K tons)
  5. Portugal (0.2K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Dairy produce; milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight) - Libya