Report Update: May 1, 2024

Libya - Frozen Whole Fish - Market Analysis, Forecast, Size, Trends and Insights

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Frozen Whole Fish Price in Libya - 2022

Frozen Whole Fish Price in Libya (CIF) - 2022

In 2022, the average frozen whole fish import price amounted to $2,486 per ton, with an increase of 8.6% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 28% against the previous year. The import price peaked at $3,103 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($3,889 per ton), while the price for Oman ($1,242 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Whole Fish Price in Libya (FOB) - 2022

In 2022, the average frozen whole fish export price amounted to $6,643 per ton, picking up by 25% against the previous year. Over the period under review, the export price posted a strong expansion. The pace of growth appeared the most rapid in 2018 an increase of 151%. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +23.6% per year.

Frozen Whole Fish Imports in Libya

In 2022, overseas purchases of frozen whole fish decreased by -23.6% to 2.7K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 1.1% against the previous year. As a result, imports reached the peak of 4K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, frozen whole fish imports shrank dramatically to $6.8M in 2022. In general, imports continue to indicate a deep downturn. The smallest decline of -2% was in 2020.

Import of Frozen Whole Fish in Libya (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	5.8	6.5	4.7	3.5	-15.5%
Spain	1.6	1.1	1.9	1.3	-6.7%
South Korea	0.3	0.2	0.2	0.6	26.0%
Japan	0.9	0.5	0.8	0.4	-23.7%
Brazil	N/A	N/A	N/A	0.2	0%
Oman	N/A	0.4	0.2	0.2	-29.3%
China	N/A	N/A	0.1	0.1	0.0%
Mauritania	0.1	N/A	N/A	N/A	0%
Others	0.3	N/A	0.1	0.5	18.6%
Total	9.0	8.8	8.2	6.8	-8.9%

Top Suppliers of Frozen Whole Fish to Libya in 2022:

Turkey (912.5 tons)
Spain (869.8 tons)
South Korea (321.5 tons)
Japan (212.6 tons)
Oman (148.3 tons)
Brazil (74.7 tons)
China (55.4 tons)
Mauritania (14.9 tons)

Frozen Whole Fish Exports in Libya

In 2022, shipments abroad of frozen whole fish increased by 21% to 150 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt contraction.

In value terms, frozen whole fish exports skyrocketed to $996K in 2022. Overall, exports, however, showed a slight decrease.

Export of Frozen Whole Fish in Libya (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Korea	919	1,142	659	996	2.7%
United States	54.1	N/A	N/A	N/A	0%
Others	69.9	N/A	N/A	N/A	0%
Total	1,043	1,142	659	996	-1.5%

Top Export Markets for Frozen Whole Fish from Libya in 2022:

South Korea (150.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen whole fish market in Libya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10201330 - Frozen whole salt water fish
Prodcom 10201360 - Frozen whole fresh water fish
Prodcom 10201600 - Frozen fish livers and roes

Country coverage:

Libya

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Libya
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023