Price for Vegetable Products Not Elsewhere Specified or Included in Libya - 2022
Contents:
- Price for Vegetable Products Not Elsewhere Specified or Included in Libya (CIF) - 2022
- Imports of Vegetable Products Not Elsewhere Specified or Included in Libya
Price for Vegetable Products Not Elsewhere Specified or Included in Libya (CIF) - 2022
In 2022, the average import price for vegetable products not elsewhere specified or includeds amounted to $962 per ton, waning by -7.3% against the previous year. In general, the import price showed a perceptible contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 108% against the previous year. Over the period under review, average import prices reached the peak figure at $2,560 per ton in 2019; however, from 2020 to 2022, import prices remained at a 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 ($8,914 per ton), while the price for Tunisia ($328 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 (+19.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Vegetable Products Not Elsewhere Specified or Included in Libya
In 2022, approx. 340 tons of vegetable products not elsewhere specified or includeds were imported into Libya; waning by -2.8% on 2021. Over the period under review, total imports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +3.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 105%. As a result, imports attained the peak of 350 tons, and then shrank slightly in the following year.
In value terms, imports of vegetable products not elsewhere specified or includeds reduced dramatically to $319K in 2022. Overall, imports recorded a significant decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 70%.
| Import of Vegetable Products Not Elsewhere Specified or Included in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 17.1 | 11.2 | 27.1 | 83.2 | 69.5% |
| India | 140 | 129 | 217 | 82.8 | -16.1% |
| United Arab Emirates | 474 | 91.1 | 142 | 55.0 | -51.2% |
| Yemen | 51.4 | 45.0 | 58.9 | 30.4 | -16.1% |
| Egypt | 12.5 | 8.1 | 6.2 | 26.3 | 28.1% |
| Pakistan | 20.5 | 17.1 | 49.2 | 14.3 | -11.3% |
| China | 13.2 | 12.6 | 17.9 | 10.0 | -8.8% |
| Italy | 7.8 | 7.7 | 13.9 | 6.8 | -4.5% |
| Others | 54.4 | 17.5 | 43.8 | 9.7 | -43.7% |
| Total | 792 | 339 | 576 | 319 | -26.1% |
Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Libya in 2022:
- Tunisia (254.0 tons)
- Egypt (30.1 tons)
- India (16.0 tons)
- Yemen (12.1 tons)
- Pakistan (9.2 tons)
- United Arab Emirates (6.2 tons)
- China (5.3 tons)
- Italy (2.5 tons)
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