Libya: Grain Market 2024

Grain Market Size in Libya

In 2022, after four years of growth, there was significant decline in the Libyan grain market, when its value decreased by X% to $X. Over the period under review, consumption, however, continues to indicate a modest increase. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Grain Production in Libya

In value terms, grain production reduced modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Grain production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

The average yield of grain in Libya contracted to X kg per ha in 2022, leveling off at the year before. In general, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the yield reached the peak level of X kg per ha. From 2019 to 2022, the growth of the average grain yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of grain production in Libya amounted to X ha, almost unchanged from the previous year's figure. Overall, the harvested area, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2018 when the harvested area increased by X% against the previous year. The grain harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area remained at a lower figure.

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Grain Exports

Exports from Libya

In 2022, the amount of grain exported from Libya surged to X tons, rising by X% compared with 2021 figures. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of X,138%. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, grain exports skyrocketed to $X in 2022. Overall, exports recorded significant growth. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for grain exports from Libya, with a X% share of total exports. Moreover, grain exports to the Netherlands exceeded the volume sent to the second major destination, Bahrain (X tons), eightfold.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands totaled X%.

In value terms, the Netherlands ($X) and Bahrain ($X) constituted the largest markets for grain exported from Libya worldwide.

Among the main countries of destination, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the average grain export price amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price showed a dramatic curtailment. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Bahrain ($X per ton), while the average price for exports to the Netherlands amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced a decline.

Grain Imports

Imports into Libya

Grain imports into Libya shrank modestly to X tons in 2022, remaining constant against 2021. Over the period under review, total imports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, grain imports reduced to $X in 2022. In general, imports, however, saw mild growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Ukraine (X tons) constituted the largest grain supplier to Libya, accounting for a X% share of total imports. Moreover, grain imports from Ukraine exceeded the figures recorded by the second-largest supplier, Spain (X tons), ninefold. Canada (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Ukraine totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Canada (X% per year).

In value terms, Ukraine ($X) constituted the largest supplier of grain to Libya, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Ukraine amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Canada (X% per year).

Import Prices by Country

The average grain import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the import price showed a perceptible reduction. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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