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Libya - Furniture Of Plastic - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Furniture Price in Libya - 2022
Contents:
- Plastic Furniture Price in Libya (CIF) - 2022
- Plastic Furniture Price in Libya (FOB) - 2022
- Plastic Furniture Imports in Libya
- Plastic Furniture Exports in Libya
Plastic Furniture Price in Libya (CIF) - 2022
The average plastic furniture import price stood at $9 per unit in 2022, rising by 7.1% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic furniture import price decreased by -7.1% against 2020 indices. The growth pace was the most rapid in 2020 when the average import price increased by 76%. The import price peaked at $10 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
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 ($5.6 per unit), while the price for Tunisia ($1.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Furniture Price in Libya (FOB) - 2022
The average plastic furniture export price stood at $7.6 per unit in 2022, growing by 9% against the previous year. In general, the export price posted strong growth. The growth pace was the most rapid in 2013 when the average export price increased by 194%. Over the period under review, the average export prices hit record highs at $27 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Ghana.
From 2012 to 2022, the rate of growth in terms of prices for Ghana amounted to -2.3% per year.
Plastic Furniture Imports in Libya
In 2022, imports of furniture of plastic into Libya reduced to 1.2M units, with a decrease of -7% against the previous year's figure. Overall, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 16%. Imports peaked at 2.2M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, plastic furniture imports contracted modestly to $10M in 2022. Over the period under review, imports recorded a pronounced setback. The pace of growth appeared the most rapid in 2021 when imports increased by 0.8% against the previous year. Imports peaked at $12M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Plastic Furniture in Libya (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.4 | 6.2 | 5.8 | 4.4 | -15.9% |
Turkey | 3.0 | 2.1 | 2.4 | 2.5 | -5.9% |
Egypt | 0.4 | 0.2 | 0.3 | 1.8 | 65.1% |
Tunisia | 0.7 | 0.9 | 1.3 | 0.9 | 8.7% |
United Arab Emirates | N/A | 0.5 | N/A | 0.2 | -36.8% |
Others | 0.2 | 0.4 | 0.5 | 0.6 | 44.2% |
Total | 11.8 | 10.3 | 10.4 | 10.3 | -4.4% |
Top Suppliers of Plastic Furniture to Libya in 2022:
- China (1122.5K units)
- Turkey (881.1K units)
- Tunisia (674.9K units)
- Egypt (319.0K units)
- United Arab Emirates (34.3K units)
Plastic Furniture Exports in Libya
In 2022, overseas shipments of furniture of plastic decreased by -41.3% to 339 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 478% against the previous year. As a result, the exports reached the peak of 578 units, and then declined rapidly in the following year.
In value terms, plastic furniture exports shrank rapidly to $2.6K in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 259%. As a result, the exports reached the peak of $4K, and then reduced notably in the following year.
Export of Plastic Furniture in Libya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ghana | 0.1 | 0.1 | 0.2 | 2.6 | 196.2% |
Benin | N/A | 1.0 | N/A | N/A | 0% |
Senegal | N/A | N/A | 3.7 | N/A | 0% |
Others | 0.9 | N/A | 0.2 | N/A | -52.9% |
Total | 1.0 | 1.1 | 4.0 | 2.6 | 37.5% |
Top Export Markets for Plastic Furniture from Libya in 2022:
- Ghana (3.7K units)
This report provides an in-depth analysis of the plastic furniture 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:
- Prodcom 31091430 - Furniture of plastics (excluding medical, surgical, dental or veterinary furniture - cases and cabinets specially designed for hi-fi systems, videos and televisions)
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
-
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
- 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 VOLUME AND VALUE
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
- 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
- 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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