Report Update Nov 1, 2024

Libya - Frozen Cuts of Chicken - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Frozen Chicken Cut Market 2024

Frozen Chicken Cut Market Size in Libya

After two years of growth, the Libyan frozen chicken cut market decreased by -15.8% to $X in 2022. In general, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +9.2% against 2018 indices. Over the period under review, the market attained the maximum level at $X in 2021, and then fell sharply in the following year.

Frozen Chicken Cut Exports

Exports from Libya

Frozen chicken cut exports from Libya was estimated at X tons in 2021, flattening at the previous year. Overall, exports recorded a strong increase. The smallest decline of 99.9% was in 2014. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, frozen chicken cut exports stood at $X in 2021. In general, exports continue to indicate a buoyant increase. The smallest decline of 99.9% was in 2014. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Turkey (X tons) was the main destination for frozen chicken cut exports from Libya, accounting for a approx. 100% share of total exports.

From 2013 to 2021, the average annual growth rate of volume to Turkey was relatively modest.

From 2013 to 2021, the average annual growth rate of value to Turkey was relatively modest.

Export Prices by Country

In 2021, the average frozen chicken cut export price amounted to $X per ton, approximately equating the previous year. Overall, the export price enjoyed a measured increase. The pace of growth was the most pronounced in 2014 a decrease of 99.9% against the previous year. The export price peaked in 2021 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 Turkey.

From 2013 to 2021, the rate of growth in terms of prices for Turkey amounted to 0.0% per year.

Frozen Chicken Cut Imports

Imports into Libya

In 2022, overseas purchases of frozen cuts of chicken decreased by -10% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, total imports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of +4.0% 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 +6.1% against 2018 indices. The pace of growth was the most pronounced in 2018 when imports increased by 102%. Over the period under review, imports attained the maximum at X tons in 2021, and then shrank in the following year.

In value terms, frozen chicken cut imports dropped markedly to $X in 2022. Overall, imports, however, saw perceptible growth. The growth pace was the most rapid in 2018 when imports increased by 97% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then reduced rapidly in the following year.

Imports by Country

In 2022, Brazil (X tons) constituted the largest frozen chicken cut supplier to Libya, with a 63% share of total imports. Moreover, frozen chicken cut imports from Brazil exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. The United States (X tons) ranked third in terms of total imports with a 16% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil amounted to +28.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+2.9% per year) and the United States (-10.5% per year).

In value terms, Brazil ($X) constituted the largest supplier of frozen cuts of chicken to Libya, comprising 74% of total imports. The second position in the ranking was taken by Turkey ($X), with a 16% share of total imports. It was followed by the United States, with an 8.2% share.

From 2012 to 2022, the average annual growth rate of value from Brazil stood at +23.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-4.9% per year) and the United States (-15.4% per year).

Import Prices by Country

In 2022, the average frozen chicken cut import price amounted to $X per ton, reducing by -8.3% against the previous year. Overall, the import price showed a slight downturn. The growth pace was the most rapid in 2017 an increase of 24%. The import price peaked at $X per ton in 2013; however, from 2014 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 Brazil ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-4.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen cuts of chicken in the world?

China remains the largest frozen chicken cut consuming country worldwide, accounting for 19% of total volume. Moreover, frozen chicken cut consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 4.3% share.

What are the largest producers of frozen cuts of chicken in the world?

The countries with the highest volumes of in 2021 were the United States, Brazil and China, together comprising 44% of global production. India, Russia, Poland, the Netherlands, Thailand, Indonesia, Turkey, Pakistan and Bangladesh lagged somewhat behind, together accounting for a further 27%.

What are the leading suppliers of frozen cuts of chicken to Libya?

In value terms, Brazil, Turkey and the United States were the largest frozen chicken cut suppliers to Libya, with a combined 100% share of total imports.

What is the average export price for frozen cuts of chicken in Libya?

The average frozen chicken cut export price stood at $1,249 per ton in 2021, approximately reflecting the previous year.

What is the average import price for frozen cuts of chicken in Libya?

In 2021, the average frozen chicken cut import price amounted to $1,411 per ton, rising by 4.8% against the previous year.

This report provides an in-depth analysis of the frozen chicken cut market 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.

Product coverage:

Prodcom 10122053 - Frozen cuts of chicken

Country coverage:

Libya

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Libya
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023