Libya: Non-Wheat Flour Market 2024

Non-Wheat Flour Market Size in Libya

The Libyan non-wheat flour market shrank to $X in 2021, with a decrease of -10% against the previous year. Overall, consumption continues to indicate a mild slump. Non-wheat flour consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Non-Wheat Flour Production in Libya

In value terms, non-wheat flour production reduced to $X in 2021 estimated in export price. In general, production continues to indicate a mild setback. The most prominent rate of growth was recorded in 2014 with an increase of 40% against the previous year. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Non-Wheat Flour Exports

Exports from Libya

In 2021, shipments abroad of non-wheat flours increased by 69% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2016 with an increase of 336% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, non-wheat flour exports shrank to $X in 2021. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2016 with an increase of 279% against the previous year. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Turkey (X kg) was the main destination for non-wheat flour exports from Libya, with a 14% share of total exports. Moreover, non-wheat flour exports to Turkey exceeded the volume sent to the second major destination, France (X kg), sevenfold.

From 2012 to 2021, the average annual growth rate of volume to Turkey was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (0.0% per year) and Canada (-23.7% per year).

In value terms, France ($X) emerged as the key foreign market for non-wheat flours exports from Libya, comprising 21% of total exports. The second position in the ranking was taken by Turkey ($X), with a 7.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (0.0% per year) and Canada (-12.9% per year).

Export Prices by Country

The average non-wheat flour export price stood at $X per ton in 2021, which is down by -49.2% against the previous year. In general, the export price recorded a mild downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 38%. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+14.0%).

Non-Wheat Flour Imports

Imports into Libya

Non-wheat flour imports into Libya contracted to X tons in 2021, shrinking by -11.2% compared with the year before. Overall, imports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2019 when imports increased by 51%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, non-wheat flour imports skyrocketed to $X in 2021. In general, imports, however, recorded a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Ukraine (X tons) constituted the largest supplier of non-wheat flour to Libya, with a 58% share of total imports. Moreover, non-wheat flour imports from Ukraine exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold. The third position in this ranking was taken by Egypt (X tons), with a 4% share.

From 2012 to 2021, the average annual growth rate of volume from Ukraine amounted to +49.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+12.9% per year) and Egypt (-21.1% per year).

In value terms, Ukraine ($X) constituted the largest supplier of non-wheat flours to Libya, comprising 92% of total imports. The second position in the ranking was held by Egypt ($X), with a 2% share of total imports. It was followed by Italy, with a 1.3% share.

From 2012 to 2021, the average annual growth rate of value from Ukraine totaled +100.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (-19.5% per year) and Italy (-15.0% per year).

Import Prices by Country

The average non-wheat flour import price stood at $X per ton in 2021, jumping by 104% against the previous year. Over the period under review, the import price posted a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+34.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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