Libya: Green Peas Market 2024

Green Peas Market Size in Libya

The Libyan green peas market contracted slightly to $X in 2023, stabilizing at the previous year. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Green Peas Production in Libya

In value terms, green peas production declined modestly to $X in 2023 estimated in export price. In general, the total production indicated a modest increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2023, production remained at a lower figure.

The average yield of peas (green) in Libya dropped slightly to X tons per ha in 2023, remaining stable against 2022 figures. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2018 to 2023, the growth of the average green peas yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the total area harvested in terms of peas (green) production in Libya expanded slightly to X ha, surging by X% against the year before. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the harvested area increased by X% against the previous year. The green peas harvested area peaked at X ha in 2012; however, from 2013 to 2023, the harvested area failed to regain momentum.

Green Peas Exports

Exports from Libya

In 2017, approx. X tons of peas (green) were exported from Libya; remaining relatively unchanged against the year before. Over the period under review, exports showed a relatively flat trend pattern. The exports peaked in 2017 and are likely to see steady growth in the immediate term.

In value terms, green peas exports totaled $X in 2017. Overall, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the maximum in 2017 and are expected to retain growth in the near future.

Exports by Country

Tunisia (X tons) was the main destination for green peas exports from Libya, accounting for a approx. X% share of total exports.

From 2016 to 2017, the average annual rate of growth in terms of volume to Tunisia was relatively modest.

In value terms, Tunisia ($X) also remains the key foreign market for peas (green) exports from Libya.

From 2016 to 2017, the average annual rate of growth in terms of value to Tunisia was relatively modest.

Export Prices by Country

In 2017, the average green peas export price amounted to $X per ton, leveling off at the previous year. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure in 2017 and is likely to see gradual growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Tunisia.

From 2016 to 2017, the rate of growth in terms of prices for Tunisia amounted to X% per year.

Green Peas Imports

Imports into Libya

In 2023, the amount of peas (green) imported into Libya reduced sharply to X tons, declining by X% on the previous year's figure. Overall, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2022 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, green peas imports declined sharply to $X in 2023. Over the period under review, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2022 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Tunisia (X tons) constituted the largest supplier of green peas to Libya, with a X% share of total imports. Moreover, green peas imports from Tunisia exceeded the figures recorded by the second-largest supplier, Egypt (X tons), eightfold.

From 2012 to 2023, the average annual growth rate of volume from Tunisia stood at X%.

In value terms, Tunisia ($X) constituted the largest supplier of peas (green) to Libya, comprising X% of total imports. The second position in the ranking was taken by Egypt ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value from Tunisia amounted to X%.

Import Prices by Country

In 2023, the average green peas import price amounted to $X per ton, rising by X% against the previous year. Overall, import price indicated moderate growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, green peas import price decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for Tunisia totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Egypt (X%).

Source: IndexBox Platform