Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Libya - 2022

Contents:

  1. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Libya (CIF) - 2022
  2. Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Libya

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Libya (CIF) - 2022

The average import price for articles of apparel, clothing accessories and other articles of furskin stood at $75 per unit in 2022, which is down by -3.4% against the previous year. In general, the import price saw a abrupt contraction. The growth pace was the most rapid in 2019 an increase of 21% against the previous year. Over the period under review, average import prices reached the maximum at $129 per unit 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 China ($1,559 per unit), while the price for Turkey ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+16.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Libya

Imports of articles of apparel, clothing accessories and other articles of furskin into Libya declined remarkably to 54 units in 2022, waning by -35.7% compared with 2021 figures. Over the period under review, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 265%. Imports peaked at 101 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of articles of apparel, clothing accessories and other articles of furskin contracted sharply to $4K in 2022. Overall, imports recorded a dramatic contraction. The pace of growth was the most pronounced in 2021 with an increase of 313%. Imports peaked at $7.9K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Libya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5,8751,2235,0263,118-19.0%
United Arab Emirates1,6393151,197686-25.2%
IndiaN/AN/AN/A1060%
Italy12820.065.025.0-42.0%
United Kingdom63.09.033.018.0-34.1%
Finland7.02.09.011.016.3%
BelgiumN/AN/AN/A4.00%
Turkey26.02.01.01.0-66.2%
Others139N/A16264.0-22.8%
Total7,8771,5716,4934,033-20.0%

Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Libya in 2022:

  1. United Arab Emirates (45.0 units)
  2. China (2.0 units)
  3. Turkey (1.0 units)
  4. Italy (1.0 units)
  5. Finland (1.0 units)
  6. India (1.0 units)
  7. United Kingdom (1.0 units)
  8. Belgium (1.0 units)

Source: IndexBox Market Intelligence Platform

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