Milled Rice Price in Tunisia - 2022
Contents:
- Milled Rice Price in Tunisia (CIF) - 2022
- Milled Rice Price in Tunisia (FOB) - 2022
- Milled Rice Imports in Tunisia
- Milled Rice Exports in Tunisia
Milled Rice Price in Tunisia (CIF) - 2022
In December 2022, the average milled rice import price amounted to $828 per ton, dropping by -7.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.4%. The growth pace was the most rapid in January 2022 an increase of 38% month-to-month. Over the period under review, average import prices hit record highs at $896 per ton in November 2022, and then contracted in the following month.
As there is only one major supplying country, the average price level is determined by prices for Thailand.
From December 2021 to December 2022, the rate of growth in terms of prices for Pakistan amounted to +16.9% per month.
Milled Rice Price in Tunisia (FOB) - 2022
The average milled rice export price stood at $763 per ton in 2022, growing by 51% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 an increase of 89%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($786 per ton), while the average price for exports to Canada ($43 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+57.1%).
Milled Rice Imports in Tunisia
In 2022, imports of semi-milled or wholly milled (bleached) rice into Tunisia skyrocketed to 30K tons, jumping by 92% compared with 2021 figures. Overall, imports enjoyed a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, milled rice imports surged to $24M in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Milled Rice in Tunisia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 7.7 | N/A | 6.1 | 19.5 | 36.3% |
| Pakistan | 3.2 | N/A | 3.0 | 3.1 | -1.1% |
| India | 0.2 | N/A | 0.2 | 0.5 | 35.7% |
| Others | 0.1 | N/A | 0.9 | 0.4 | 58.7% |
| Total | 11.2 | N/A | 10.1 | 23.6 | 28.2% |
Top Suppliers of Milled Rice to Tunisia in 2022:
- Thailand (24.4K tons)
- Pakistan (4.6K tons)
- India (0.7K tons)
Milled Rice Exports in Tunisia
For the third year in a row, Tunisia recorded decline in overseas shipments of semi-milled or wholly milled (bleached) rice, which decreased by -91.6% to 51 tons in 2022. Overall, exports showed a significant curtailment. The smallest decline of -26.6% was in 2020.
In value terms, milled rice exports contracted notably to $39K in 2022. In general, exports saw a sharp decline. The smallest decline of -28.8% was in 2020.
| Export of Milled Rice in Tunisia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | N/A | N/A | 18.9 | 0% |
| France | N/A | N/A | N/A | 0.4 | 0% |
| Bulgaria | N/A | N/A | 153 | N/A | 0% |
| Hungary | 801 | N/A | N/A | N/A | 0% |
| Slovakia | 19.1 | 154 | N/A | N/A | 706.3% |
| Austria | N/A | 135 | N/A | N/A | 0% |
| Canada | N/A | N/A | N/A | N/A | 0% |
| Others | 19.1 | 308 | 150 | 19.2 | 0.2% |
| Total | 839 | 597 | 303 | 38.6 | -64.2% |
Top Export Markets for Milled Rice from Tunisia in 2022:
- Singapore (24.0 tons)
- Canada (1.0 tons)
- France (0.8 tons)
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