Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Libya - 2022

Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Libya (CIF) - 2022

The average import price for flour and meal; of sago, roots or tubers of heading no. 0714 stood at $186 per ton in 2022, standing approx. at the previous year. Over the period under review, the import price saw a precipitous decline. The most prominent rate of growth was recorded in 2014 when the average import price decreased by -60.6%. The import price peaked at $4,508 per ton in 2013; however, from 2014 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 Italy ($681 per ton), while the price for Brazil totaled $169 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (0.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Libya

In 2022, supplies from abroad of flour and meal; of sago, roots or tubers of heading no. 0714 decreased by 0% to 2.1 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports posted significant growth. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $396 in 2022. Over the period under review, imports showed significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.