Libya: Coconut Market 2022

Coconut Market Size in Libya

In 2021, the Libyan coconut market increased by X% to $X, rising for the third consecutive year after two years of decline. Overall, consumption saw a relatively flat trend pattern. Coconut consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Coconut Exports

Exports from Libya

Coconut exports from Libya was estimated at less than X kg in 2021, remaining constant against the previous year's figure. Overall, exports showed a relatively flat trend pattern. Over the period under review, the exports attained the maximum at X kg in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, coconut exports amounted to less than $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Moldova (X kg) was the main destination for coconut exports from Libya, accounting for a approx. X% share of total exports.

From 2012 to 2014, the average annual rate of growth in terms of volume to Moldova was relatively modest.

From 2012 to 2014, the average annual rate of growth in terms of value to Moldova was relatively modest.

Export Prices by Country

The average coconut export price stood at $X per ton in 2014, standing approx. at the previous year. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure in 2014 and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Moldova.

From 2012 to 2014, the rate of growth in terms of prices for Moldova amounted to X% per year.

Coconut Imports

Imports into Libya

In 2021, supplies from abroad of coconuts increased by X% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports enjoyed a mild expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, coconut imports expanded modestly to $X in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Indonesia (X tons) was the main supplier of coconut to Libya, with a approx. X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Indonesia amounted to +X%.

In value terms, Indonesia ($X) constituted the largest supplier of coconut to Libya.

From 2012 to 2021, the average annual growth rate of value from Indonesia amounted to +X%.

Import Prices by Country

In 2021, the average coconut import price amounted to $X per ton, dropping by -X% against the previous year. In general, the import price recorded a slight reduction. The growth pace was the most rapid in 2019 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Indonesia.

From 2012 to 2021, the rate of growth in terms of prices for Indonesia amounted to +X% per year.

Source: IndexBox Platform