Price for Cattle; Live, Pure-Bred Breeding Animals in Libya - 2022

Contents:

  1. Price for Cattle; Live, Pure-Bred Breeding Animals in Libya (CIF) - 2022
  2. Imports of Cattle; Live, Pure-Bred Breeding Animals in Libya

Price for Cattle; Live, Pure-Bred Breeding Animals in Libya (CIF) - 2022

The average import price for cattle; live, pure-bred breeding animalses stood at $1,781 per unit in 2022, surging by 5.2% against the previous year. Over the period under review, the import price, however, showed a pronounced reduction. The pace of growth was the most pronounced in 2015 when the average import price increased by 29%. The import price peaked at $2,186 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Spain ($4,939 per unit), while the price for Ireland ($1,622 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+45.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Cattle; Live, Pure-Bred Breeding Animals in Libya

In 2022, after three years of growth, there was significant decline in overseas purchases of cattle; live, pure-bred breeding animalses, when their volume decreased by -6.8% to 82 units. The total import volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 7.8% against the previous year. Over the period under review, imports hit record highs at 88 units in 2021, and then declined in the following year.

In value terms, cattle; live, pure-bred breeding animals imports shrank modestly to $146K in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 4% against the previous year. As a result, imports reached the peak of $149K, and then shrank in the following year.

Import of Cattle; Live, Pure-Bred Breeding Animals in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland1151161271232.3%
Germany2.916.418.017.481.7%
Spain19.39.93.04.9-36.7%
Belgium2.9N/AN/AN/A0%
Others0.70.50.50.5-10.6%
Total1401431491461.4%

Top Suppliers of Cattle; Live, Pure-Bred Breeding Animals to Libya in 2022:

  1. Ireland (76.0 units)
  2. Germany (4.0 units)
  3. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform

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