Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Libya - 2022

Contents:

  1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Libya (CIF) - 2022
  2. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Libya

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Libya (CIF) - 2022

The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $424 per ton in 2022, approximately equating the previous year. Over the period under review, the import price recorded a noticeable setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 12% against the previous year. As a result, import price attained the peak level of $792 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($3,673 per ton), while the price for Egypt totaled $204 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.9%).

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Libya

Imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) into Libya totaled 277 tons in 2022, approximately mirroring the previous year's figure. Over the period under review, imports showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 518%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $118K in 2022. Overall, imports showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 352% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey6.013.32.164.7120.9%
Egypt6.112.61.852.9105.5%
JordanN/AN/A113N/A0%
OthersN/AN/AN/AN/A0%
Total12.225.9117118113.1%

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Libya in 2022:

  1. Egypt (259.6 tons)
  2. Turkey (17.6 tons)

Source: IndexBox Market Intelligence Platform

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