Price for Buttons; of Plastics, Not Covered with Textile Material in Libya - 2022
Contents:
- Price for Buttons; of Plastics, Not Covered with Textile Material in Libya (CIF) - 2022
- Imports of Buttons; of Plastics, Not Covered with Textile Material in Libya
Price for Buttons; of Plastics, Not Covered with Textile Material in Libya (CIF) - 2022
The average import price for buttons; of plastics, not covered with textile materials stood at $11,326 per ton in 2022, increasing by 21% against the previous year. Over the period under review, the import price saw a measured increase. The pace of growth appeared the most rapid in 2017 an increase of 35% against the previous year. The import price peaked at $36,380 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($15,136 per ton), while the price for China stood at $11,190 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.5%).
Imports of Buttons; of Plastics, Not Covered with Textile Material in Libya
In 2022, purchases abroad of buttons; of plastics, not covered with textile materials decreased by -23.1% to 9.6 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 90%. As a result, imports attained the peak of 12 tons, and then contracted significantly in the following year.
In value terms, imports of buttons; of plastics, not covered with textile materials fell to $109K in 2022. The total import value increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 22% against the previous year.
| Import of Buttons; of Plastics, Not Covered with Textile Material in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 71.9 | 99.7 | 116 | 104 | 13.1% |
| Turkey | 9.1 | 0.9 | 1.7 | 5.0 | -18.1% |
| Others | 1.5 | N/A | N/A | N/A | 0% |
| Total | 82.5 | 101 | 117 | 109 | 9.7% |
Top Suppliers of Buttons; of Plastics, Not Covered with Textile Material to Libya in 2022:
- China (9.3 tons)
- Turkey (0.3 tons)
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