Libya - Wheat - Market Analysis, Forecast, Size, Trends and Insights
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Wheat Market Size in Libya
The Libyan wheat market shrank to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption continues to indicate a slight setback. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.
Wheat Production in Libya
In value terms, wheat production shrank modestly to $X in 2022 estimated in export price. In general, production recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.
In 2022, the average yield of wheat in Libya totaled X kg per ha, standing approx. at the previous year. Overall, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The wheat yield peaked at X kg per ha in 2012; however, from 2013 to 2022, the yield remained at a lower figure. 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 wheat production in Libya declined slightly to X ha, approximately equating the previous year. Overall, the harvested area recorded a noticeable reduction. The most prominent rate of growth was recorded in 2018 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to wheat production reached the maximum at X ha in 2016; however, from 2017 to 2022, the harvested area remained at a lower figure.
Wheat Exports
Exports from Libya
For the third consecutive year, Libya recorded growth in overseas shipments of wheat, which increased by X% to X tons in 2017. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The exports peaked in 2017 and are likely to continue growth in years to come.
In value terms, wheat exports amounted to $X in 2017. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, the exports hit record highs in 2017 and are expected to retain growth in the immediate term.
Exports by Country
Italy (X tons) was the main destination for wheat exports from Libya, with a X% share of total exports. Moreover, wheat exports to Italy exceeded the volume sent to the second major destination, Tunisia (X tons), sixfold.
From 2015 to 2017, the average annual rate of growth in terms of volume to Italy was relatively modest.
In value terms, Italy ($X) emerged as the key foreign market for wheat exports from Libya, comprising X% of total exports. The second position in the ranking was taken by Tunisia ($X), with a X% share of total exports.
From 2015 to 2017, the average annual growth rate of value to Italy was relatively modest.
Export Prices by Country
The average wheat export price stood at $X per ton in 2017, which is down by X% against the previous year. Over the period under review, the export price continues to indicate a sharp setback. The most prominent rate of growth was recorded in 2016 a decrease of X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2017, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2017, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Tunisia amounted to $X per ton.
From 2015 to 2017, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (X%).
Wheat Imports
Imports into Libya
In 2022, the amount of wheat imported into Libya shrank modestly to X tons, falling by X% against 2021. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. 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, wheat imports shrank to $X in 2022. In general, imports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.
Imports by Country
In 2022, Ukraine (X tons) constituted the largest wheat supplier to Libya, with a X% share of total imports. Moreover, wheat imports from Ukraine exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. The third position in this ranking was taken by Canada (X tons), with a X% share.
From 2012 to 2022, the average annual growth rate of volume from Ukraine stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Canada (X% per year).
In value terms, Ukraine ($X), Spain ($X) and Canada ($X) appeared to be the largest wheat suppliers to Libya, together comprising X% of total imports.
Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2022, the average wheat import price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price continues to indicate a mild descent. The growth pace was the most rapid 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 Ukraine ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the wheat market in Libya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 15 - Wheat
Country coverage:
- Libya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Libya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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