Price for Frozen Sheep (Including Lamb) Boneless Cuts in Libya - 2022
Contents:
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Libya (CIF) - 2022
- Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Libya
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Libya (CIF) - 2022
In 2022, the average import price for frozen sheep (including lamb) boneless cutses amounted to $31,329 per ton, surging by 46% against the previous year. In general, the import price recorded a significant increase. The pace of growth was the most pronounced in 2020 an increase of 46% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +26.6% per year.
Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Libya
For the third year in a row, Libya recorded decline in overseas purchases of frozen sheep (including lamb) boneless cutses, which decreased by -20% to 164 kg in 2022. Overall, imports saw a sharp reduction. The smallest decline of -19.9% was in 2021.
In value terms, imports of frozen sheep (including lamb) boneless cutses skyrocketed to $5.1K in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 17%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Frozen Sheep (Including Lamb) Boneless Cuts in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.1 | 2.7 | 2.6 | 2.6 | 196.2% |
| Italy | 1.3 | N/A | N/A | N/A | 0% |
| Others | 1.8 | 1.1 | 1.8 | 2.5 | 11.6% |
| Total | 3.2 | 3.8 | 4.4 | 5.1 | 16.8% |
Top Suppliers of Frozen Sheep (Including Lamb) Boneless Cuts to Libya in 2022:
- Turkey (271.0 kg)
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