Libya: Cheese And Curd Market 2024

Cheese And Curd Market Size in Libya

In 2022, after three years of growth, there was decline in the Libyan cheese and curd market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Cheese And Curd Production in Libya

In value terms, cheese and curd production stood at $X in 2022 estimated in export price. Over the period under review, the total production indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2015 with an increase of X%. Cheese and curd production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Cheese And Curd Exports

Exports from Libya

After two years of growth, overseas shipments of cheese and curd decreased by X% to X tons in 2022. Over the period under review, exports showed a dramatic downturn. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, cheese and curd exports fell significantly to $X in 2022. In general, exports recorded a dramatic decrease. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Ireland (X kg) and Poland (X kg) were the main destinations of cheese and curd exports from Libya.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%).

In value terms, Ireland ($X) and Poland ($X) were the largest markets for cheese and curd exported from Libya worldwide.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average cheese and curd export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Ireland stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (X%).

Cheese And Curd Imports

Imports into Libya

Cheese and curd imports into Libya reduced to X tons in 2022, waning by X% compared with the year before. Overall, imports, however, enjoyed slight growth. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then shrank in the following year.

In value terms, cheese and curd imports declined to $X in 2022. Over the period under review, imports, however, enjoyed temperate growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

The Netherlands (X tons), Egypt (X tons) and Germany (X tons) were the main suppliers of cheese and curd imports to Libya, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), Germany ($X) and the Netherlands ($X) constituted the largest cheese and curd suppliers to Libya, together comprising X% of total imports. Poland, Ireland, Austria, Denmark, Tunisia, Saudi Arabia, the United States and France lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Denmark, with a CAGR of X%, recorded 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

In 2022, the average cheese and curd import price amounted to $X per ton, declining by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 France ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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