Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Libya - 2022
Contents:
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Libya (CIF) - 2022
- Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Libya
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Libya (CIF) - 2022
The average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $7,297 per ton in 2022, with an increase of 13% against the previous year. Overall, the import price saw prominent growth. The most prominent rate of growth was recorded in 2016 an increase of 128% against the previous year. Over the period under review, average import prices hit record highs at $9,112 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malta ($29,167 per ton), while the price for Australia ($4,267 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+30.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Libya
In 2022, approx. 1.9 tons of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat were imported into Libya; waning by -8.3% against 2021 figures. In general, imports continue to indicate a dramatic downturn.
In value terms, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat expanded slightly to $14K in 2022. Over the period under review, imports faced a sharp slump.
Import of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Libya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Colombia | N/A | N/A | N/A | 36.2 | 0% |
Italy | 28.8 | 29.5 | 8.3 | 1.0 | -67.4% |
Australia | 12.1 | 14.7 | 6.3 | 0.3 | -70.8% |
Malta | 3.7 | 5.5 | 2.9 | 0.2 | -62.2% |
Others | -7.8 | -24.7 | -4.6 | -24.2 | 45.9% |
Total | 36.9 | 25.0 | 13.0 | 13.5 | -28.5% |
Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Libya in 2022:
- Colombia (4.9 tons)
- Australia (0.1 tons)
- Italy (0.1 tons)
This report provides an in-depth analysis of the beef market in Libya.
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