
Libya - Lucerne (Alfalfa) Meal and Pellets - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Libya: Market for Lucerne (Alfalfa) Meal And Pellets 2022
Market Size for Lucerne (Alfalfa) Meal And Pellets in Libya
The Libyan lucerne meal and pellets market stood at $X in 2016, leveling off at the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Lucerne meal and pellets consumption peaked in 2016 and is likely to see gradual growth in years to come.
Production of Lucerne (Alfalfa) Meal And Pellets in Libya
In value terms, lucerne meal and pellets production stood at $X in 2016 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. Over the period under review, production attained the maximum level in 2016 and is expected to retain growth in the near future.
Exports of Lucerne (Alfalfa) Meal And Pellets
Exports from Libya
Lucerne meal and pellets exports from Libya was estimated at X tons in 2016, approximately reflecting 2015 figures. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports attained the peak figure in 2016 and are likely to see steady growth in the near future.
In value terms, lucerne meal and pellets exports stood at $X in 2016. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2016 and are likely to see steady growth in the near future.
Exports by Country
Niger (X tons) was the main destination for lucerne meal and pellets exports from Libya, with a approx. 100% share of total exports.
From 2016 to 2016, the average annual rate of growth in terms of volume to Niger was relatively modest.
From 2016 to 2016, the average annual growth rate of value to Niger was relatively modest.
Imports of Lucerne (Alfalfa) Meal And Pellets
Imports into Libya
In 2021, after six years of decline, there was significant growth in purchases abroad of lucerne (alfalfa) meal and pellets, when their volume increased by 11% to X tons. Over the period under review, imports, however, faced a precipitous decrease. The most prominent rate of growth was recorded in 2013 with an increase of 11%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.
In value terms, lucerne meal and pellets imports expanded remarkably to $X in 2021. In general, imports, however, showed a dramatic downturn. The pace of growth appeared the most rapid in 2013 when imports increased by 15%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.
Imports by Country
In 2021, Spain (X tons) was the main supplier of lucerne meal and pellets to Libya, with a 99% share of total imports. It was followed by Italy (X kg), with a 0.8% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from Spain totaled -31.7%.
In value terms, Spain ($X) constituted the largest supplier of lucerne meal and pellets to Libya, comprising 99% of total imports. The second position in the ranking was taken by Italy ($X), with a 0.8% share of total imports.
From 2012 to 2021, the average annual growth rate of value from Spain totaled -27.9%.
Import Prices by Country
The average lucerne meal and pellets import price stood at $X per ton in 2021, with an increase of 2.1% against the previous year. In general, the import price continues to indicate a temperate increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 43%. The import price peaked in 2021 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for Italy stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+5.5%).
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for lucerne meal and pellets in Libya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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