Price for Animal Products; Bovine Semen in Libya - 2022

Contents:

  1. Price for Animal Products; Bovine Semen in Libya (CIF) - 2022
  2. Imports of Animal Products; Bovine Semen in Libya

Price for Animal Products; Bovine Semen in Libya (CIF) - 2022

The average animal products; bovine semen import price stood at $3.1 per unit in 2022, declining by -6.7% against the previous year. Overall, the import price recorded a deep downturn. The pace of growth appeared the most rapid in 2019 an increase of 63% against the previous year. The import price peaked at $7.1 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($3.1 per unit), while the price for the United States stood at $3.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-8.0%).

Imports of Animal Products; Bovine Semen in Libya

Animal products; bovine semen imports into Libya totaled 3.6K units in 2022, surging by 6.8% compared with the year before. The total import volume increased at an average annual rate of +6.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 29%. As a result, imports reached the peak of 3.8K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, animal products; bovine semen imports contracted modestly to $11K in 2022. Over the period under review, imports, however, saw a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 0.6% against the previous year. Over the period under review, imports attained the maximum at $19K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Animal Products; Bovine Semen in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands5.76.26.36.96.6%
United States3.74.84.74.13.5%
Italy9.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total19.211.011.011.0-16.9%

Top Suppliers of Animal Products; Bovine Semen to Libya in 2022:

  1. Netherlands (2.2K units)
  2. United States (1.3K units)

Source: IndexBox Market Intelligence Platform

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