Libya: Market for Protein Concentrates and Flavoured or Coloured Sugar Syrups 2025

Market Size for Protein Concentrates and Flavoured or Coloured Sugar Syrups in Libya

The Libyan market for protein concentrates and flavoured or coloured sugar syrups expanded notably to $X in 2021, surging by 14% against the previous year. In general, consumption, however, saw a slight setback. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Protein Concentrates and Flavoured or Coloured Sugar Syrups in Libya

In value terms, production of protein concentrates and flavoured or coloured sugar syrups reached $X in 2021 estimated in export price. In general, production, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2014 with an increase of 20%. Production of peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Protein Concentrates and Flavoured or Coloured Sugar Syrups

Exports from Libya

Exports of protein concentrates and flavoured or coloured sugar syrups from Libya totaled X kg in 2017, remaining constant against the previous year. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2017 and are likely to continue growth in the near future.

In value terms, exports of protein concentrates and flavoured or coloured sugar syrups amounted to $X in 2017. Over the period under review, exports saw a relatively flat trend pattern. The exports peaked in 2017 and are expected to retain growth in years to come.

Exports by Country

Hungary (X kg) was the main destination for exports of protein concentrates and flavoured or coloured sugar syrups from Libya, with a approx. 100% share of total exports.

From 2017 to 2017, the average annual rate of growth in terms of volume to Hungary was relatively modest.

From 2017 to 2017, the average annual growth rate of value to Hungary was relatively modest.

Imports of Protein Concentrates and Flavoured or Coloured Sugar Syrups

Imports into Libya

In 2021, overseas purchases of protein concentrates and flavoured or coloured sugar syrups increased by 122% to X tons, rising for the fifth consecutive year after two years of decline. In general, imports posted moderate growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of protein concentrates and flavoured or coloured sugar syrups skyrocketed to $X in 2021. Overall, imports recorded a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of protein concentrate and flavoured or coloured sugar syrup to Libya, with a 30% share of total imports. Moreover, imports of protein concentrates and flavoured or coloured sugar syrups from the United States exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold. The third position in this ranking was held by the UK (X tons), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+3.3% per year) and the UK (-5.1% per year).

In value terms, the United States ($X) constituted the largest supplier of protein concentrates and flavoured or coloured sugar syrups to Libya, comprising 29% of total imports. The second position in the ranking was held by Poland ($X), with a 13% share of total imports. It was followed by the UK, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+6.3% per year) and the UK (-2.4% per year).

Import Prices by Country

In 2021, the average import price for protein concentrates and flavoured or coloured sugar syrups amounted to $X per ton, growing by 36% against the previous year. In general, import price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for protein concentrates and flavoured or coloured sugar syrups increased by +15.1% against 2017 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 48%. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+29.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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