Libya: Meat And Poultry Market 2024

Meat And Poultry Market Size in Libya

In 2022, after two years of growth, there was decline in the Libyan meat and poultry market, when its value decreased by X% to $X. In general, consumption recorded a slight shrinkage. Meat and poultry consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Meat And Poultry Production in Libya

In value terms, meat and poultry production totaled $X in 2022 estimated in export price. In general, production showed a mild decrease. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Meat and poultry production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The average yield of meat and poultry in Libya amounted to X kg per head in 2022, approximately reflecting 2021. Overall, the yield showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X kg per head. From 2021 to 2022, the growth of the average meat and poultry yield failed to regain momentum.

The number of animals slaughtered for meat and poultry production in Libya declined to X heads in 2022, remaining relatively unchanged against 2021. Over the period under review, the number of producing animals, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the number of producing animals increased by X%. As a result, the amount of animals produced reached the peak level of X heads. From 2020 to 2022, the growth of this number remained at a somewhat lower figure.

Meat And Poultry Exports

Exports from Libya

In 2021, approx. X tons of meat and poultry were exported from Libya; flattening at 2020 figures. Overall, exports continue to indicate a abrupt setback. The smallest decline of X% was in 2013. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, meat and poultry exports amounted to $X in 2021. Over the period under review, exports showed a deep contraction. The smallest decline of X% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Turkey (X tons) was the main destination for meat and poultry exports from Libya, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Turkey was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Turkey was relatively modest.

Export Prices by Country

In 2021, the average meat and poultry export price amounted to $X per ton, almost unchanged from the previous year. In general, the export price showed a perceptible decrease. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

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

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

Meat And Poultry Imports

Imports into Libya

In 2022, purchases abroad of meat and poultry decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, total imports indicated a slight expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then contracted in the following year.

In value terms, meat and poultry imports fell sharply to $X in 2022. Over the period under review, imports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at $X in 2021, and then dropped rapidly in the following year.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of meat and poultry to Libya, with a X% share of total imports. Moreover, meat and poultry imports from Brazil exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fivefold. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the United States (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of meat and poultry to Libya, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with an X% share of total imports. It was followed by Colombia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Brazil was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Colombia (X% per year).

Import Prices by Country

In 2022, the average meat and poultry import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price saw a perceptible decrease. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Colombia ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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