Life-Jackets and Life-Belts Price in Libya - 2022
Contents:
- Life-Jackets and Life-Belts Price in Libya (CIF) - 2022
- Life-Jackets and Life-Belts Price in Libya (FOB) - 2022
- Life-Jackets and Life-Belts Imports in Libya
- Life-Jackets and Life-Belts Exports in Libya
Life-Jackets and Life-Belts Price in Libya (CIF) - 2022
In 2022, the average life-jackets and life-belts import price amounted to $20,281 per ton, jumping by 32% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 34% against the previous year. Over the period under review, average import prices reached the peak figure at $21,088 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the United States ($150,065 per ton), while the price for the United Arab Emirates ($10,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Life-Jackets and Life-Belts Price in Libya (FOB) - 2022
In 2022, the average life-jackets and life-belts export price amounted to $11,250 per ton, shrinking by -50% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 51% against the previous year. As a result, the export price attained the peak level of $62,133 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($21,000 per ton), while the average price for exports to Malta ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-27.1%).
Life-Jackets and Life-Belts Imports in Libya
In 2022, the amount of life-jackets and life-beltses imported into Libya fell significantly to 8.1 tons, with a decrease of -27.2% on 2021 figures. Over the period under review, total imports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +3.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 93%. As a result, imports reached the peak of 11 tons, and then declined dramatically in the following year.
In value terms, life-jackets and life-belts imports reduced slightly to $163K in 2022. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 159% against the previous year. As a result, imports attained the peak of $171K, and then fell in the following year.
| Import of Life-Jackets and Life-Belts in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 9.0 | 3.8 | 80.0 | 68.3 | 96.5% |
| China | 3.1 | 28.0 | 47.4 | 38.3 | 131.2% |
| Turkey | 3.6 | 0.7 | 11.6 | 9.5 | 38.2% |
| Belgium | 3.7 | 4.2 | 5.0 | 3.7 | 0.0% |
| Germany | 10.2 | 7.6 | 0.2 | 3.1 | -32.8% |
| India | 3.8 | 3.9 | 4.2 | 2.8 | -9.7% |
| United Arab Emirates | 0.3 | 1.8 | 2.9 | 1.0 | 49.4% |
| Others | 46.9 | 15.9 | 19.3 | 36.6 | -7.9% |
| Total | 80.5 | 66.0 | 171 | 163 | 26.5% |
Top Suppliers of Life-Jackets and Life-Belts to Libya in 2022:
- United Kingdom (3.5 tons)
- China (2.8 tons)
- Turkey (0.9 tons)
- Belgium (0.2 tons)
- United Arab Emirates (0.1 tons)
- India (0.1 tons)
Life-Jackets and Life-Belts Exports in Libya
In 2022, the amount of life-jackets and life-beltses exported from Libya soared to 4 kg, with an increase of 100% compared with the year before. Overall, exports, however, continue to indicate a dramatic contraction.
In value terms, life-jackets and life-belts exports stood at $45 in 2022. In general, exports, however, saw a precipitous slump. The smallest decline of -4.3% was in 2021.
| Export of Life-Jackets and Life-Belts in Libya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | 42.0 | 0% |
| France | 108 | 41.0 | 39.0 | 2.0 | -73.5% |
| Malta | 40.0 | 6.0 | 6.0 | 1.0 | -70.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 148 | 47.0 | 45.0 | 45.0 | -32.8% |
Top Export Markets for Life-Jackets and Life-Belts from Libya in 2022:
- Italy (2.0 kg)
- Malta (1.0 kg)
- France (1.0 kg)
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