Milled Rice Price in Libya - 2022
Contents:
- Milled Rice Price in Libya (CIF) - 2022
- Milled Rice Price in Libya (FOB) - 2022
- Milled Rice Imports in Libya
- Milled Rice Exports in Libya
Milled Rice Price in Libya (CIF) - 2022
The average milled rice import price stood at $609 per ton in 2022, surging by 29% against the previous year. Over the period under review, the import price, however, continues to indicate a slight descent. Over the period under review, average import prices reached the peak figure at $906 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($1,616 per ton), while the price for China ($507 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Milled Rice Price in Libya (FOB) - 2022
The average milled rice export price stood at $650 per ton in 2022, growing by 88% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $808 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($929 per ton), while the average price for exports to Niger amounted to $262 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+17.8%).
Milled Rice Imports in Libya
In 2022, the amount of semi-milled or wholly milled (bleached) rice imported into Libya contracted notably to 31K tons, shrinking by -69% on 2021 figures. In general, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 41%.
In value terms, milled rice imports declined remarkably to $19M in 2022. Overall, imports recorded a dramatic curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 73% against the previous year.
| Import of Milled Rice in Libya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.7 | 11.8 | 12.3 | 8.5 | -24.4% |
| India | 3.9 | 0.7 | 8.8 | 3.8 | -0.9% |
| Turkey | 29.2 | 7.1 | 18.9 | 1.6 | -62.0% |
| United States | 1.7 | 1.4 | 1.9 | 1.1 | -13.5% |
| Tunisia | 1.3 | 1.0 | 1.4 | 0.8 | -14.9% |
| Thailand | 4.7 | 2.0 | 0.6 | 0.6 | -49.6% |
| Vietnam | 0.4 | 0.3 | 0.5 | 0.3 | -9.1% |
| Others | 5.6 | 2.9 | 2.9 | 2.2 | -26.8% |
| Total | 66.4 | 27.3 | 47.2 | 18.9 | -34.2% |
Top Suppliers of Milled Rice to Libya in 2022:
- China (16.7K tons)
- India (6.6K tons)
- Turkey (3.0K tons)
- United States (1.1K tons)
- Tunisia (0.8K tons)
- Thailand (0.7K tons)
- Vietnam (0.5K tons)
Milled Rice Exports in Libya
In 2022, shipments abroad of semi-milled or wholly milled (bleached) rice decreased by -98.9% to 26 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a dramatic slump. The pace of growth appeared the most rapid in 2020 when exports increased by 252%. As a result, the exports reached the peak of 4.1K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, milled rice exports fell sharply to $17K in 2022. Overall, exports continue to indicate a dramatic downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 124%. As a result, the exports reached the peak of $1.6M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Milled Rice in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 13.9 | 0% |
| Niger | 1.3 | 1,620 | 818 | 2.9 | 30.7% |
| Turkey | 721 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 722 | 1,620 | 818 | 16.9 | -71.4% |
Top Export Markets for Milled Rice from Libya in 2022:
- India (15.0 tons)
- Niger (11.0 tons)
833
This report provides an in-depth analysis of the rice market in Libya.
534
This report provides an in-depth analysis of the paddy rice market in Libya.
265
This report provides an in-depth analysis of the grain market in Libya.
627
This report provides an in-depth analysis of the global milled rice market.
499
This report provides an in-depth analysis of the global milled rice market.
7906
This report provides an in-depth analysis of the global rice market.
1603
This report provides an in-depth analysis of the global paddy rice market.
1391
This report provides an in-depth analysis of the global broken rice market.
749
This report provides an in-depth analysis of the global brown rice market.
3961
This report provides an in-depth analysis of the global grain market.
87
Explore the top import markets for milled rice and learn about the key statistics and trends in these countries. Discover the role these import markets play in the global rice trade.
70
Explore the top import markets for milled rice in 2023, including key statistics and trends. Discover which countries drive the global demand for rice imports.
304
Explore the top import markets for rice and discover key statistics and insights. Learn about the countries with the highest import value for rice, including China, the Philippines, Iran, and more.
841
This year, rice prices are forecast to ease, thanks primarily to rising production and exports from India, Thailand, Vietnam, China, and Pakistan. India dominates global trade, more than doubling its supplies at a competitive cost over the past two years.
802
Over 2020-2021 period, the global rice market displayed robust production indicators. Despite a pronounced shortage of shipping containers threatening to disrupt supplies to Africa, the global rice export market continues to expand. India maintains its status as the largest exporter, boasting the most competitive rice export prices.
1434
Global rice consumption amounted to X tons in 2016 (in terms of milled rice weight), posting modest but robust gains from 2007-2016. The total consumption volume increased at an average annual rate of +X%. Over the period under review, the globa
10430
Global rice consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
2165
Global rice exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
1512
Global rice imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
1554
In 2015, the countries with the highest levels of rice production were China (X thousand tons), India (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
