Price for Clothing; Parts, Knitted or Crocheted in Libya - 2022
Contents:
- Price for Clothing; Parts, Knitted or Crocheted in Libya (CIF) - 2022
- Imports of Clothing; Parts, Knitted or Crocheted in Libya
Price for Clothing; Parts, Knitted or Crocheted in Libya (CIF) - 2022
The average import price for clothing; parts, knitted or crocheted stood at $13,074 per ton in 2022, growing by 12% against the previous year. In general, the import price, however, recorded a perceptible contraction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 155%. Over the period under review, average import prices hit record highs at $24,260 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($24,014 per ton), while the price for South Korea ($6,401 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Clothing; Parts, Knitted or Crocheted in Libya
For the third year in a row, Libya recorded decline in purchases abroad of clothing; parts, knitted or crocheted, which decreased by -6.2% to 4.4 tons in 2022. In general, imports continue to indicate a dramatic setback. The smallest decline of -1.9% was in 2020.
In value terms, clothing; parts, knitted or crocheted imports expanded sharply to $57K in 2022. Overall, imports saw a precipitous contraction. The pace of growth was the most pronounced in 2020 when imports increased by 49% against the previous year. As a result, imports reached the peak of $178K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Clothing; Parts, Knitted or Crocheted in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 8.6 | 17.6 | 27.7 | 19.5 | 31.4% |
| United Arab Emirates | 63.9 | 141 | 4.2 | 15.8 | -37.2% |
| Italy | 2.4 | 1.2 | 2.4 | 9.0 | 55.4% |
| Turkey | 5.6 | 4.8 | 10.4 | 6.0 | 2.3% |
| South Korea | 11.5 | 7.1 | 7.2 | 5.1 | -23.7% |
| China | 1.1 | 4.9 | 1.9 | 1.5 | 10.9% |
| Others | 26.1 | 1.0 | 0.4 | 0.2 | -80.3% |
| Total | 119 | 178 | 54.3 | 57.1 | -21.7% |
Top Suppliers of Clothing; Parts, Knitted or Crocheted to Libya in 2022:
- United Kingdom (1724.0 kg)
- South Korea (799.0 kg)
- United Arab Emirates (656.0 kg)
- Italy (619.0 kg)
- Turkey (411.0 kg)
- China (155.0 kg)
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