Price for Meat of Bovine Animals; Fresh or Chilled in Libya - 2022

Contents:

  1. Price for Meat of Bovine Animals; Fresh or Chilled in Libya (CIF) - 2022
  2. Imports of Meat of Bovine Animals; Fresh or Chilled in Libya

Price for Meat of Bovine Animals; Fresh or Chilled in Libya (CIF) - 2022

In 2022, the average import price for meat of bovine animals; fresh or chilled amounted to $8,177 per ton, rising by 51% against the previous year. Overall, the import price recorded a resilient expansion. The most prominent rate of growth was recorded in 2019 an increase of 56% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($11,200 per ton), while the price for Brazil ($2,813 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malta (+40.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Meat of Bovine Animals; Fresh or Chilled in Libya

In 2022, overseas purchases of meat of bovine animals; fresh or chilled decreased by -70.2% to 21 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 543%. As a result, imports attained the peak of 95 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of meat of bovine animals; fresh or chilled reduced remarkably to $172K in 2022. Over the period under review, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 464% against the previous year. As a result, imports reached the peak of $589K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Meat of Bovine Animals; Fresh or Chilled in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A96.20%
MaltaN/AN/A12856.0-56.3%
Brazil30.132.025219.2-13.9%
Italy74.3547N/AN/A636.2%
Others0.110.61.20.10.0%
Total10458938017218.3%

Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Libya in 2022:

  1. United States (8.6 tons)
  2. Brazil (6.8 tons)
  3. Malta (5.5 tons)

Source: IndexBox Market Intelligence Platform

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