Libya: Market for Cocoa Powder (Containing Added Sugar) 2025

Market Size for Cocoa Powder (Containing Added Sugar) in Libya

After three years of decline, the Libyan cocoa powder with sugar market increased by 16% to $X in 2021. Over the period under review, consumption, however, showed a perceptible decrease. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Production of Cocoa Powder (Containing Added Sugar) in Libya

In value terms, cocoa powder with sugar production expanded rapidly to $X in 2021 estimated in export price. Overall, production, however, recorded a pronounced downturn. The growth pace was the most rapid in 2013 with an increase of 24% against the previous year. Cocoa powder with sugar production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Cocoa Powder (Containing Added Sugar)

Exports from Libya

In 2016, shipments abroad of cocoa powder (containing added sugar) decreased by 0% to X kg for the first time since 2013, thus ending a two-year declining trend. Overall, exports showed a significant decline. The smallest decline of 99.9% was in 2014. The exports peaked at X tons in 2013; however, from 2014 to 2016, the exports remained at a lower figure.

In value terms, cocoa powder with sugar exports totaled $X in 2016. In general, exports continue to indicate a precipitous descent. The smallest decline of 99.9% was in 2014. The exports peaked at $X in 2013; however, from 2014 to 2016, the exports stood at a somewhat lower figure.

Exports by Country

Morocco (X kg) was the main destination for cocoa powder with sugar exports from Libya, accounting for a approx. 100% share of total exports.

From 2013 to 2016, the average annual growth rate of volume to Morocco was relatively modest.

From 2013 to 2016, the average annual growth rate of value to Morocco was relatively modest.

Export Prices by Country

The average cocoa powder with sugar export price stood at $X per ton in 2016, remaining stable against the previous year. Over the period under review, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2014 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the maximum in 2016 and is expected to retain growth in years to come.

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

From 2013 to 2016, the rate of growth in terms of prices for Morocco amounted to 0.0% per year.

Imports of Cocoa Powder (Containing Added Sugar)

Imports into Libya

Cocoa powder with sugar imports into Libya skyrocketed to X tons in 2021, jumping by 353% compared with 2020 figures. Overall, imports posted a temperate expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cocoa powder with sugar imports soared to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Tunisia (X tons), Turkey (X tons) and Italy (X tons) were the main suppliers of cocoa powder with sugar imports to Libya, together comprising 71% of total imports. These countries were followed by Malta, Portugal, the UK and Egypt, which together accounted for a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +25.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cocoa powder with sugar suppliers to Libya were Turkey ($X), Tunisia ($X) and Italy ($X), with a combined 66% share of total imports. These countries were followed by the UK, Portugal, Malta and Egypt, which together accounted for a further 12%.

In terms of the main suppliers, Portugal, with a CAGR of +22.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cocoa powder with sugar import price stood at $X per ton in 2021, reducing by -2.6% against the previous year. Overall, the import price saw a noticeable slump. The most prominent rate of growth was recorded in 2018 an increase of 29% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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