Libya: Prepared Frozen Vegetable Market 2022

Prepared Frozen Vegetable Market Size in Libya

In 2020, the Libyan prepared frozen vegetable market increased by X% to $X, rising for the ninth consecutive year after two years of decline. Overall, the total consumption indicated a perceptible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2011 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level in 2020 and is likely to see steady growth in the near future.

Prepared Frozen Vegetable Production in Libya

In value terms, prepared frozen vegetable production amounted to $X in 2020 estimated in export prices. In general, the total production indicated a notable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2007 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Prepared frozen vegetable production peaked in 2020 and is expected to retain growth in the near future.

Prepared Frozen Vegetable Exports

Exports from Libya

Prepared frozen vegetable exports from Libya totaled X kg in 2020, remaining relatively unchanged against the year before. In general, exports recorded a dramatic decline. As a result, exports attained the peak of X tons. from 2009 to 2020, the growth exports failed to regain the momentum.

In value terms, prepared frozen vegetable exports amounted to $X in 2020. Over the period under review, exports recorded a significant decrease. As a result, exports reached the peak of $X. from 2009 to 2020, the growth exports remained at a lower figure.

Exports by Country

Niger (X kg) was the main destination for prepared frozen vegetable exports from Libya, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Niger was relatively modest.

From 2007 to 2020, the average annual rate of growth in terms of value to Niger was relatively modest.

Export Prices by Country

In 2020, the average prepared frozen vegetable export price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the export price showed noticeable growth. The export price peaked in 2020 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 Niger.

From 2007 to 2020, the rate of growth in terms of prices for Niger amounted to X% per year.

Prepared Frozen Vegetable Imports

Imports into Libya

In 2020, supplies from abroad of frozen vegetables and mixtures of vegetables (prepared or preserved) was finally on the rise to reach X tons for the first time since 2017, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Imports peaked at X tons in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, prepared frozen vegetable imports soared to $X in 2020. Over the period under review, imports, however, faced a abrupt decline. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Italy (X tons) constituted the largest supplier of prepared frozen vegetable to Libya, accounting for a X% share of total imports. Moreover, prepared frozen vegetable imports from Italy exceeded the figures recorded by the second-largest supplier, Tunisia (X tons), fivefold. The third position in this ranking was occupied by Saudi Arabia (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Italy amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Tunisia (+X% per year) and Saudi Arabia (-X% per year).

In value terms, Italy ($X), Saudi Arabia ($X) and Egypt ($X) constituted the largest prepared frozen vegetable suppliers to Libya, with a combined X% share of total imports.

Egypt saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2020, the average prepared frozen vegetable import price amounted to $X per ton, shrinking by -X% against the previous year. Over the period under review, the import price showed a perceptible downturn. The pace of growth was the most pronounced in 2012 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Saudi Arabia ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Egypt, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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