Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Libya - 2022
Contents:
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Libya (CIF) - 2022
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Libya (FOB) - 2022
- Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Libya
- Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Libya
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Libya (CIF) - 2022
The average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,151 per ton in 2022, dropping by -4.8% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid increased by +10.3% against 2019 indices. The growth pace was the most rapid in 2017 when the average import price increased by 34%. Over the period under review, average import prices attained the maximum at $1,220 per ton in 2018; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($1,299 per ton), while the price for Spain ($726 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Libya (FOB) - 2022
The average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $2,051 per ton in 2022, declining by -11.1% against the previous year. Overall, the export price, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 1,505%. As a result, the export price reached the peak level of $14,598 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Niger.
From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to +4,496.2% per year.
Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Libya
After two years of decline, supplies from abroad of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid increased by 6.2% to 71K tons in 2022. Overall, imports, however, recorded a perceptible curtailment.
In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $82M in 2022. The total import value increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 4.5% against the previous year. As a result, imports attained the peak of $83M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Libya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 67.5 | 71.8 | 62.7 | 51.7 | -8.5% |
| Tunisia | 2.8 | 5.1 | 8.0 | 21.8 | 98.2% |
| Turkey | 1.8 | 1.8 | 1.9 | 4.0 | 30.5% |
| United States | 3.2 | 0.4 | 6.3 | 2.1 | -13.1% |
| Spain | 3.3 | 3.0 | 1.6 | 1.3 | -26.7% |
| Others | 0.7 | 0.9 | 0.7 | 1.2 | 19.7% |
| Total | 79.3 | 82.9 | 81.2 | 82.1 | 1.2% |
Top Suppliers of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid to Libya in 2022:
- Italy (40.8K tons)
- Tunisia (21.6K tons)
- Turkey (3.0K tons)
- United States (2.7K tons)
- Spain (1.7K tons)
Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Libya
In 2022, after two years of decline, there was significant growth in overseas shipments of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid, when their volume increased by 12% to 7 tons. Overall, exports, however, showed a deep reduction.
In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid totaled $14K in 2022. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.
| Export of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niger | 14.5 | 14.5 | 14.5 | 14.5 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 14.5 | 14.5 | 14.5 | 14.5 | 0.0% |
Top Export Markets for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid from Libya in 2022:
- Niger (7.0 tons)
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This report provides an in-depth analysis of the preserved tomato market in Libya.
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2168
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