Price for Protein; Concentrates and Textured Protein Substances in Libya - 2022
Contents:
- Price for Protein; Concentrates and Textured Protein Substances in Libya (CIF) - 2022
- Imports of Protein; Concentrates and Textured Protein Substances in Libya
Price for Protein; Concentrates and Textured Protein Substances in Libya (CIF) - 2022
In 2022, the average import price for protein; concentrates and textured protein substanceses amounted to $7,525 per ton, falling by -2% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2013 an increase of 37% against the previous year. The import price peaked at $8,882 per ton in 2016; however, from 2017 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 the United Arab Emirates ($10,046 per ton), while the price for Turkey ($2,359 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Protein; Concentrates and Textured Protein Substances in Libya
In 2022, the amount of protein; concentrates and textured protein substanceses imported into Libya reduced remarkably to 173 tons, which is down by -27.9% compared with the previous year. Over the period under review, imports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 102%. As a result, imports attained the peak of 239 tons, and then fell significantly in the following year.
In value terms, imports of protein; concentrates and textured protein substanceses fell markedly to $1.3M in 2022. In general, imports, however, posted a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 142%. As a result, imports attained the peak of $1.8M, and then fell remarkably in the following year.
| Import of Protein; Concentrates and Textured Protein Substances in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 116 | 143 | 655 | 454 | 57.6% |
| United Arab Emirates | 171 | 100 | 125 | 262 | 15.3% |
| Poland | 129 | 194 | 302 | 165 | 8.6% |
| United Kingdom | 391 | 80.8 | 273 | 84.2 | -40.1% |
| Canada | 118 | 40.6 | 184 | 76.4 | -13.5% |
| Tunisia | 19.3 | N/A | 94.3 | 65.8 | 50.5% |
| Netherlands | N/A | N/A | N/A | 28.9 | 0% |
| Italy | 23.7 | 3.2 | 7.6 | 7.3 | -32.5% |
| Turkey | 34.5 | 122 | N/A | 0.4 | -77.4% |
| Egypt | N/A | N/A | 85.2 | N/A | 0% |
| Saudi Arabia | N/A | 44.2 | 1.7 | N/A | -96.2% |
| Others | 53.0 | 31.8 | 110 | 155 | 43.0% |
| Total | 1,057 | 760 | 1,838 | 1,299 | 7.1% |
Top Suppliers of Protein; Concentrates and Textured Protein Substances to Libya in 2022:
- United States (49.1 tons)
- Poland (29.8 tons)
- United Arab Emirates (26.1 tons)
- Tunisia (17.0 tons)
- United Kingdom (11.9 tons)
- Canada (9.9 tons)
- Netherlands (6.8 tons)
- Italy (1.6 tons)
- Turkey (0.2 tons)
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