Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Libya - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Libya (CIF) - 2022
  2. Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Libya

Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Libya (CIF) - 2022

The average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $3,734 per ton in 2022, with an increase of 2.2% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 15% against the previous year. As a result, import price attained the peak level of $4,137 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Namibia ($3,792 per ton), while the price for Ecuador ($3,545 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+0.1%), while the prices for the other major suppliers experienced a decline.

Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Libya

In 2022, after three years of growth, there was significant decline in supplies from abroad of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s, when their volume decreased by -7.2% to 142 tons. The total import volume increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 20% against the previous year.

In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s shrank to $532K in 2022. The total import value increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 13%.

Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain10524337927537.8%
Namibia337259181187-17.8%
EcuadorN/AN/AN/A68.80%
Others1.90.50.30.3-46.0%
Total4445025615326.2%

Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Libya in 2022:

  1. Spain (73.5 tons)
  2. Namibia (49.4 tons)
  3. Ecuador (19.4 tons)

Source: IndexBox Market Intelligence Platform

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