Price for Cereal Flour; of Maize (Corn) in Libya - 2022
Contents:
- Price for Cereal Flour; of Maize (Corn) in Libya (CIF) - 2022
- Price for Cereal Flour; of Maize (Corn) in Libya (FOB) - 2022
- Imports of Cereal Flour; of Maize (Corn) in Libya
- Exports of Cereal Flour; of Maize (Corn) in Libya
Price for Cereal Flour; of Maize (Corn) in Libya (CIF) - 2022
The average import price for cereal flour; of maize (corn) stood at $662 per ton in 2022, declining by -15.8% against the previous year. Overall, the import price saw a pronounced descent. The pace of growth was the most pronounced in 2018 when the average import price increased by 38%. Over the period under review, average import prices reached the peak figure at $988 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Egypt ($897 per ton), while the price for Turkey ($338 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+21.8%), while the prices for the other major suppliers experienced a decline.
Price for Cereal Flour; of Maize (Corn) in Libya (FOB) - 2022
In 2022, the average export price for cereal flour; of maize (corn) amounted to $521 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level 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 the Netherlands.
From 2021 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.
Imports of Cereal Flour; of Maize (Corn) in Libya
In 2022, approx. 94 tons of cereal flour; of maize (corn) were imported into Libya; increasing by 26% against the previous year. Over the period under review, imports, however, continue to indicate a perceptible decline.
In value terms, cereal flour; of maize (corn) imports expanded significantly to $62K in 2022. Overall, imports, however, saw a deep reduction.
| Import of Cereal Flour; of Maize (Corn) in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 39.8 | 25.6 | 1.2 | 39.8 | 0.0% |
| Turkey | 18.1 | 10.3 | 0.4 | 12.7 | -11.1% |
| Ukraine | 7.3 | 28.8 | 57.1 | 8.0 | 3.1% |
| Brazil | 7.0 | N/A | N/A | N/A | 0% |
| Others | 1.6 | 1.1 | 0.1 | 1.8 | 4.0% |
| Total | 73.9 | 65.9 | 58.8 | 62.4 | -5.5% |
Top Suppliers of Cereal Flour; of Maize (Corn) to Libya in 2022:
- Egypt (44.4 tons)
- Turkey (37.6 tons)
- Ukraine (9.7 tons)
Exports of Cereal Flour; of Maize (Corn) in Libya
Cereal flour; of maize (corn) exports from Libya declined markedly to 215 kg in 2022, waning by -50% on the year before. Overall, exports showed a dramatic descent.
In value terms, cereal flour; of maize (corn) exports dropped dramatically to $112 in 2022. Over the period under review, exports saw a sharp decrease.
| Export of Cereal Flour; of Maize (Corn) in Libya (USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| Netherlands | N/A | 112 | 0% |
| France | 205 | N/A | 0% |
| Turkey | 18.0 | N/A | 0% |
| Others | N/A | N/A | 0% |
| Total | 223 | 112 | -49.8% |
Top Export Markets for Cereal Flour; of Maize (Corn) from Libya in 2022:
- Netherlands (215.0 kg)
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This report provides an in-depth analysis of the cereal flour market in Libya.
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Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.
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Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.
