Cereals; Millet, Seed Price in Libya - 2022
Contents:
Cereals; Millet, Seed Price in Libya (CIF) - 2022
In 2022, the average cereals; millet, seed import price amounted to $373 per ton, with an increase of 7.6% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 13%. The import price peaked at $401 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -0.1% per year.
Cereals; Millet, Seed Imports in Libya
In 2022, approx. 2K tons of cereals; millet, seeds were imported into Libya; rising by 172% compared with the year before. Overall, imports showed resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; millet, seed imports surged to $751K in 2022. In general, imports recorded a perceptible expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Millet, Seed in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 668 | 601 | 256 | 751 | 4.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 668 | 601 | 256 | 751 | 4.0% |
Top Suppliers of Cereals; Millet, Seed to Libya in 2022:
- India (2.0K tons)
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This report provides an in-depth analysis of the grain market in Libya.
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