Brown Rice Price in Libya - 2022
Contents:
Brown Rice Price in Libya (CIF) - 2022
In 2022, the average brown rice import price amounted to $287 per ton, which is down by -7.7% against the previous year. In general, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 30% against the previous year. As a result, import price attained the peak level of $1,280 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for Pakistan amounted to +3.1% per year.
Brown Rice Imports in Libya
For the third consecutive year, Libya recorded decline in overseas purchases of husked (brown) rice, which decreased by -1.3% to 481 tons in 2022. Overall, imports recorded a slight setback. The smallest decline of -1.3% was in 2021.
In value terms, brown rice imports fell to $138K in 2022. Over the period under review, imports showed a deep slump. The smallest decline of -8.9% was in 2021.
| Import of Brown Rice in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 52.0 | 26.4 | 69.0 | 15.2% |
| United Kingdom | N/A | N/A | 98.8 | N/A | 0% |
| Myanmar | 183 | N/A | N/A | N/A | 0% |
| Pakistan | N/A | 59.7 | N/A | N/A | 0% |
| Others | N/A | 54.6 | 26.3 | 69.0 | 12.4% |
| Total | 183 | 166 | 152 | 138 | -9.0% |
Top Suppliers of Brown Rice to Libya in 2022:
- Italy (240.7 tons)
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