Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Libya - 2022
Contents:
- Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Libya (CIF) - 2022
- Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Libya
Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Libya (CIF) - 2022
In 2022, the average import price for spices; fruits of the genus capsicum or pimenta, crushed or ground amounted to $1,571 per ton, picking up by 1.9% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 62% against the previous year. As a result, import price attained the peak level of $1,881 per ton. From 2021 to 2022, the average import prices remained 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 India ($2,281 per ton), while the price for Tunisia stood at $1,437 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.6%).
Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Libya
In 2022, approx. 5.5K tons of spices; fruits of the genus capsicum or pimenta, crushed or ground were imported into Libya; reducing by -45.4% compared with 2021 figures. In general, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 981% against the previous year. As a result, imports attained the peak of 10K tons, and then reduced notably in the following year.
In value terms, imports of spices; fruits of the genus capsicum or pimenta, crushed or ground declined rapidly to $8.6M in 2022. Overall, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 786% against the previous year. As a result, imports attained the peak of $16M, and then dropped dramatically in the following year.
| Import of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Libya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 8.4 | 1.5 | 13.1 | 6.7 | -7.3% |
| India | 2.1 | 0.2 | 2.3 | 1.7 | -6.8% |
| Others | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Total | 10.5 | 1.7 | 15.5 | 8.6 | -6.4% |
Top Suppliers of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground to Libya in 2022:
- Tunisia (4.7K tons)
- India (0.8K tons)
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