- 995 TMT corn imports and 650 TMT barley imports in 2018.
- Increase of DDGS (44 TMT) imports in CY 2018 from the U.S. compared to 10 TMT in previous year.
- Price sensitive market with less emphasis on quality.
- Population / growth: 11.7 million / 1.1%
- Urban % / growth: 67% / 1.22%
- GDP / growth (PPP): $40.26 billion / 2.6%
- GDP per capita (PPP): $10,849
- Political instability and the fragile security situation after the 2011 revolution are negatively impacting tourism and foreign investment.
- Tunisian dinar constantly devaluating against other currencies.
- Inflation rate rose 7.5% in 2018, compares to 6.9% in 2017 and 4.2% in 2016.
Trade and Market Share Issues
- USGC office for the MEA region is currently located in Tunisia.
- Drop of feed grains demand due to the devaluation of the Tunisian Dinar compared to the U.S. Dollars and Euro.
- Higher competition from Black Sea countries.
- In 2018, barley was imported mainly from the Black Sea and France.
- In 2018, corn was imported mainly from the Black Sea 55%, U.S. 32% and Argentina 12%.
- In 2018, compound feed prices in Tunisia has been increased dramatically due to Tunisian Dinar devaluation.
- There is no import duty on all feed grains except a 2.5% duty on corn and SBM.
- The government recently banned imports of frozen red meat.