Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Libya - 2022
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Libya (CIF) - 2022
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Libya
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Libya (CIF) - 2022
In 2022, the average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $11,373 per ton, growing by 44% against the previous year. In general, the import price showed notable growth. The most prominent rate of growth was recorded in 2020 an increase of 153% against the previous year. The import price peaked at $12,511 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 Italy ($11,234 per ton), while the price for Turkey ($5,400 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+43.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Libya
In 2022, approx. 450 kg of fats and oils and their fractions; of fish, (excluding liver-oils)s were imported into Libya; shrinking by -33.9% on the previous year's figure. Overall, imports saw a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s contracted to $5.1K in 2022. The total import value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 11%. As a result, imports attained the peak of $5.4K, and then contracted in the following year.
| Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 4.1 | 1.7 | 4.5 | 4.8 | 5.4% |
| Turkey | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| United Arab Emirates | N/A | 3.0 | N/A | 0.1 | -81.7% |
| United States | 0.2 | 0.1 | 0.3 | 0.1 | -20.6% |
| Others | N/A | N/A | 0.5 | 0.1 | -80.0% |
| Total | 4.3 | 4.8 | 5.4 | 5.1 | 5.9% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Libya in 2022:
- Italy (431.0 kg)
- Turkey (10.0 kg)
- United Arab Emirates (3.0 kg)
- United States (2.0 kg)
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This report provides an in-depth analysis of the market for fish fat and oil in Libya.
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This report provides an in-depth analysis of the global market for fish fat and oil.
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This report provides an in-depth analysis of the market for fish fat and oil in Libya.
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This report provides an in-depth analysis of the global market for fish fat and oil.
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Over the past decade, global production of fish fat and oil rose from 3.7M tons to 11.3M tons. In value terms, production expanded significantly from $6.5B to $16.7B estimated in export prices.
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Over the past decade, global production of fish fat and oil rose from 3.7M tons to 11.3M tons. In value terms, production expanded significantly from $6.5B to $16.7B estimated in export prices.
