Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Libya - 2022
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Libya (CIF) - 2022
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Libya
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Libya (CIF) - 2022
The average import price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $2,027 per ton in 2022, remaining constant against the previous year. In general, the import price, however, recorded a abrupt contraction. The growth pace was the most rapid in 2020 when the average import price increased by 13%. Over the period under review, average import prices reached the maximum at $3,989 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Morocco ($44,788 per ton), while the price for Tunisia ($644 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+34.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Libya
In 2022, after three years of growth, there was significant decline in overseas purchases of soups and broths and preparations therefor; homogenised composite food preparationses, when their volume decreased by -21.2% to 103 tons. In general, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 117% against the previous year. As a result, imports reached the peak of 131 tons, and then contracted rapidly in the following year.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses shrank remarkably to $209K in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 72% against the previous year. As a result, imports attained the peak of $265K, and then shrank remarkably in the following year.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 16.5 | 23.0 | 12.1 | 52.7 | 47.3% |
| Benin | N/A | 9.6 | 28.0 | 47.8 | 123.1% |
| Egypt | 12.4 | 25.1 | 50.0 | 32.0 | 37.2% |
| Tunisia | 5.8 | 6.9 | 4.3 | 8.7 | 14.5% |
| Turkey | 11.6 | 7.6 | 33.0 | 7.7 | -12.8% |
| Spain | 56.4 | 49.8 | 54.4 | 6.4 | -51.6% |
| United Arab Emirates | 1.6 | 1.4 | 1.8 | 2.7 | 19.1% |
| Togo | N/A | N/A | 12.0 | N/A | 0% |
| Others | 12.9 | 30.4 | 69.1 | 51.2 | 58.3% |
| Total | 117 | 154 | 265 | 209 | 21.3% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Libya in 2022:
- Benin (34.4 tons)
- Egypt (27.5 tons)
- United Kingdom (15.1 tons)
- Tunisia (13.6 tons)
- Turkey (3.7 tons)
- United Arab Emirates (2.3 tons)
- Spain (2.0 tons)
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