Price for Buckwheat, Millet and Canary Seed; Other Cereals in Libya - 2022
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Libya (CIF) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Libya (FOB) - 2022
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Libya
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Libya
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Libya (CIF) - 2022
In 2022, the average import price for buckwheat, millet and canary seed; other cerealses amounted to $426 per ton, increasing by 5.4% against the previous year. In general, the import price, however, showed a perceptible decrease. The pace of growth appeared the most rapid in 2013 an increase of 68% against the previous year. As a result, import price reached the peak level of $900 per ton. From 2014 to 2022, the average import prices remained at a 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 Egypt ($711 per ton), while the price for Ukraine ($232 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+16.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Libya (FOB) - 2022
In 2022, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $589 per ton, with a decrease of -46.2% against the previous year. Over the period under review, the export price showed a deep reduction. The growth pace was the most rapid in 2013 when the average export price increased by 211% against the previous year. As a result, the export price reached the peak level of $9,455 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Bahrain.
From 2012 to 2022, the rate of growth in terms of prices for Bahrain amounted to -15.1% per year.
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Libya
In 2022, approx. 11K tons of buckwheat, millet and canary seed; other cerealses were imported into Libya; jumping by 39% against the previous year's figure. Overall, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of buckwheat, millet and canary seed; other cerealses skyrocketed to $4.6M in 2022. In general, imports, however, showed a noticeable reduction.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,747 | 1,489 | 1,208 | 3,243 | 22.9% |
| Egypt | 2,396 | 587 | 1,281 | 492 | -41.0% |
| Ukraine | 173 | 120 | 216 | 277 | 17.0% |
| Tunisia | 131 | 146 | 190 | 244 | 23.0% |
| Russia | 296 | 197 | 126 | 227 | -8.5% |
| Turkey | 150 | 72.3 | 70.3 | 85.4 | -17.1% |
| Others | 77.8 | 46.6 | 70.7 | 64.5 | -6.1% |
| Total | 4,970 | 2,658 | 3,161 | 4,633 | -2.3% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Libya in 2022:
- India (7.3K tons)
- Ukraine (1.2K tons)
- Tunisia (0.8K tons)
- Egypt (0.7K tons)
- Russia (0.7K tons)
- Turkey (0.2K tons)
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Libya
For the fourth year in a row, Libya recorded growth in shipments abroad of buckwheat, millet and canary seed; other cerealses, which increased by 87% to 17 tons in 2022. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 390%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of buckwheat, millet and canary seed; other cerealses stood at $10K in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 328% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 0.7 | 3.1 | 9.9 | 10.0 | 142.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.7 | 3.1 | 9.9 | 10.0 | 142.6% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Libya in 2022:
- Bahrain (16.9 tons)
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