Live Fish Price in Libya - 2022
Contents:
- Live Fish Price in Libya (FOB) - 2022
- Live Fish Price in Libya (CIF) - 2022
- Live Fish Exports in Libya
- Live Fish Imports in Libya
Live Fish Price in Libya (FOB) - 2022
In 2022, the average live fish export price amounted to $7,829 per ton, with an increase of 9.7% against the previous year. In general, the export price, however, recorded a deep slump. Over the period under review, the average export prices reached the maximum at $17,940 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($9,291 per ton), while the average price for exports to Tunisia ($3,548 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-4.7%), while the prices for the other major destinations experienced a decline.
Live Fish Price in Libya (CIF) - 2022
The average live fish import price stood at $7,420 per ton in 2022, picking up by 15% against the previous year. Overall, the import price, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 36% against the previous year. The import price peaked at $14,022 per ton in 2014; however, from 2015 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 China ($38,842 per ton), while the price for Tunisia ($1,900 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malta (+85.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Live Fish Exports in Libya
Live fish exports from Libya contracted significantly to 3.4K tons in 2022, which is down by -29.8% on the previous year's figure. In general, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 147%. As a result, the exports reached the peak of 4.8K tons, and then reduced markedly in the following year.
In value terms, live fish exports fell markedly to $26M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 85%. As a result, the exports reached the peak of $34M, and then dropped remarkably in the following year.
| Export of Live Fish in Libya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malta | 16.4 | 14.5 | 22.2 | 19.8 | 6.5% |
| Turkey | 7.7 | 2.3 | 8.2 | 5.9 | -8.5% |
| Tunisia | 1.9 | 1.7 | 1.5 | 0.8 | -25.0% |
| Croatia | N/A | N/A | 2.5 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 26.0 | 18.6 | 34.4 | 26.5 | 0.6% |
Top Export Markets for Live Fish from Libya in 2022:
- Malta (2.5K tons)
- Turkey (0.6K tons)
- Tunisia (0.2K tons)
Live Fish Imports in Libya
Live fish imports into Libya declined notably to 1.1 tons in 2022, dropping by -28.4% against 2021. Over the period under review, imports recorded a significant decrease. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year.
In value terms, live fish imports contracted rapidly to $8.1K in 2022. In general, imports showed a sharp slump. The pace of growth was the most pronounced in 2021 when imports increased by 55%.
| Import of Live Fish in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 15.2 | 2.1 | 3.5 | 2.9 | -42.4% |
| Thailand | 19.1 | 2.3 | 3.2 | 2.2 | -51.3% |
| China | 7.8 | 1.1 | 1.8 | 1.5 | -42.3% |
| Egypt | 24.9 | 0.3 | 0.6 | 1.1 | -64.6% |
| Singapore | 2.7 | 0.3 | 0.4 | 0.3 | -51.9% |
| Jordan | 1.3 | 0.2 | 0.2 | 0.2 | -46.4% |
| Others | 1.5 | 0.1 | 0.1 | 0.1 | -59.5% |
| Total | 72.4 | 6.4 | 9.9 | 8.1 | -51.8% |
Top Suppliers of Live Fish to Libya in 2022:
- Thailand (650.0 kg)
- Malaysia (168.0 kg)
- Egypt (157.0 kg)
- Singapore (46.0 kg)
- China (38.0 kg)
- Jordan (23.0 kg)
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