Flax Yarn Price in Libya - 2022
Contents:
Flax Yarn Price in Libya (CIF) - 2022
In 2022, the average flax yarn import price amounted to $7,040 per ton, reducing by -38.1% against the previous year. Over the period under review, the import price showed a pronounced setback. The pace of growth appeared the most rapid in 2014 an increase of 59% against the previous year. The import price peaked at $28,000 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($8,816 per ton), while the price for Turkey amounted to $5,672 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+0.2%).
Flax Yarn Imports in Libya
In 2022, the amount of flax yarns imported into Libya skyrocketed to 524 kg, picking up by 62% compared with 2021. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 568%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, flax yarn imports amounted to $3.7K in 2022. Overall, imports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 303% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
Import of Flax Yarn in Libya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Egypt | 0.4 | 1.3 | 2.0 | 2.0 | 71.0% |
Turkey | 0.1 | 0.8 | 1.7 | 1.7 | 157.1% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 0.5 | 2.1 | 3.7 | 3.7 | 94.9% |
Top Suppliers of Flax Yarn to Libya in 2022:
- Turkey (296.0 kg)
- Egypt (228.0 kg)
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