Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Libya - 2022

Contents:

  1. Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Libya (CIF) - 2022
  2. 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)
COUNTRY2019202020212022CAGR,
2019-2022
ColombiaN/AN/AN/A36.20%
Italy28.829.58.31.0-67.4%
Australia12.114.76.30.3-70.8%
Malta3.75.52.90.2-62.2%
Others-7.8-24.7-4.6-24.245.9%
Total36.925.013.013.5-28.5%

Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Libya in 2022:

  1. Colombia (4.9 tons)
  2. Australia (0.1 tons)
  3. Italy (0.1 tons)

Source: IndexBox Market Intelligence Platform

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