Price for Cereals; Maize (Corn), Other than Seed in Libya - 2022
Contents:
- Price for Cereals; Maize (Corn), Other than Seed in Libya (CIF) - 2022
- Imports of Cereals; Maize (Corn), Other than Seed in Libya
Price for Cereals; Maize (Corn), Other than Seed in Libya (CIF) - 2022
In 2022, the average import price for cereals; maize (corn), other than seeds amounted to $211 per ton, dropping by -15.9% against the previous year. Over the period under review, the import price saw a pronounced contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 40%. Over the period under review, average import prices reached the maximum at $260 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($901 per ton), while the price for Ukraine ($174 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cereals; Maize (Corn), Other than Seed in Libya
In 2022, approx. 688K tons of cereals; maize (corn), other than seeds were imported into Libya; growing by 14% against 2021. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 25%. As a result, imports reached the peak of 770K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cereals; maize (corn), other than seeds reduced modestly to $145M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 39% against the previous year.
| Import of Cereals; Maize (Corn), Other than Seed in Libya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 56.9 | 77.1 | 97.8 | 71.8 | 8.1% |
| Romania | 14.4 | 12.8 | 3.5 | 19.2 | 10.1% |
| Argentina | 4.1 | 4.1 | 10.4 | 14.5 | 52.4% |
| Russia | 7.4 | 15.3 | 15.1 | 12.9 | 20.4% |
| France | 9.3 | 12.3 | 12.4 | 11.7 | 8.0% |
| Bulgaria | 2.9 | 10.6 | 7.5 | 10.6 | 54.0% |
| Croatia | 4.1 | 4.8 | 4.3 | 3.5 | -5.1% |
| Others | 1.0 | 1.6 | 1.4 | 1.1 | 3.2% |
| Total | 100 | 139 | 152 | 145 | 13.2% |
Top Suppliers of Cereals; Maize (Corn), Other than Seed to Libya in 2022:
- Ukraine (413.7K tons)
- Romania (75.4K tons)
- Russia (68.1K tons)
- Argentina (65.4K tons)
- Bulgaria (37.6K tons)
- France (13.0K tons)
- Croatia (12.7K tons)
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This report provides an in-depth analysis of the maize market in Libya.
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This report provides an in-depth analysis of the grain market in Libya.
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This report provides an in-depth analysis of the global maize market.
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This report provides an in-depth analysis of the global grain market.
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This report provides an in-depth analysis of the maize market in Libya.
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This report provides an in-depth analysis of the global maize market.
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Discover the key import markets for maize globally, including China, Mexico, Japan, and more. Learn about the demand drivers and trends shaping the maize trade.
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The global maize market contracted to $404.6B in 2021, declining by -6.1% against the previous year.
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The global maize market is expected to reach a production volume of more than 1.2 billion metric tons by the end of 2025.
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In 2022, corn prices are projected to drop by approximately 10% y/y due to an expected all-time record high global production, which is to reach 1.2B tons. This forecast is subject to a number of risks, such as volatile fertilizer and energy prices, high freight rates, biofuel policies and weather conditions.
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Driven by rising demand from the food industry and favourable weather, global corn production increased significantly in 2020. The rise in prices made the raw corn-based production of bioethanol unprofitable amid the low cost of traditional fuels due to the pandemic, resulting in the closure of some distilleries. In the future, the growing demand for alternative fuels is expected to offset this shift and promote the corn market.
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Global Maize Market: In 2017, the global maize market amounted to X tons, posting solid average +X% gains over the last decade. Since 2013, consumption growth has accelerated, against rising demand and a long
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The U.S. was the key world maize producing country with an output of about X tons in 2016, which accounted for X% of total global output. The other major producers were China (X%), Brazil (X%) and Ukraine (X>
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Global maize consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
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In 2015, the countries with the highest levels of maize production were the United States (X thousand tons), China (X thousand tons), Brazil (X thousand tons), together accounting for X% of total output.
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Designed to bring an unforgettable experience for children and adults alike, the Amaizing-Acres corn maze is certainly a place to visit this fall, a unique opportunity to enjoy a family get away surrounded by nature.
