Price for Cereals; Grain Sorghum, Other than Seed in Libya - 2022
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Libya (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Libya
Price for Cereals; Grain Sorghum, Other than Seed in Libya (CIF) - 2022
The average import price for cereals; grain sorghum, other than seeds stood at $237 per ton in 2022, flattening at the previous year. Over the period under review, the import price, however, continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2020 when the average import price increased by 44% against the previous year. The import price peaked at $367 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($316 per ton), while the price for Ukraine ($216 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+4.0%), while the prices for the other major suppliers experienced a decline.
Imports of Cereals; Grain Sorghum, Other than Seed in Libya
In 2022, approx. 343 tons of cereals; grain sorghum, other than seeds were imported into Libya; waning by -44.2% compared with 2021 figures. In general, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 766%. As a result, imports attained the peak of 615 tons, and then shrank dramatically in the following year.
In value terms, imports of cereals; grain sorghum, other than seeds fell remarkably to $81K in 2022. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 711%. As a result, imports reached the peak of $145K, and then contracted sharply in the following year.
| Import of Cereals; Grain Sorghum, Other than Seed in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 4.1 | 4.1 | 92.9 | 36.3 | 106.9% |
| Turkey | N/A | N/A | N/A | 32.6 | 0% |
| India | 9.0 | 10.5 | 44.8 | 12.3 | 11.0% |
| Egypt | N/A | N/A | 5.8 | N/A | 0% |
| Others | N/A | 3.3 | 1.1 | N/A | -66.7% |
| Total | 13.1 | 17.8 | 145 | 81.2 | 83.7% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Libya in 2022:
- Ukraine (168.2 tons)
- Turkey (136.0 tons)
- India (38.9 tons)
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