Price for Cotton; Garnetted Stock Waste in Libya - 2022

Price for Cotton; Garnetted Stock Waste in Libya (CIF) - 2022

In 2022, the average cotton; garnetted stock waste import price amounted to $1,071 per ton, stabilizing at the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 7% against the previous year. As a result, import price reached the peak level of $1,085 per ton; afterwards, it flattened through to 2022.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +0.5% per year.

Imports of Cotton; Garnetted Stock Waste in Libya

For the third year in a row, Libya recorded decline in purchases abroad of cotton; garnetted stock waste, which decreased by -17.6% to 42 kg in 2022. In general, imports saw a abrupt setback. The smallest decline of -17.3% was in 2020.

In value terms, cotton; garnetted stock waste imports declined significantly to $45 in 2022. Over the period under review, imports faced a deep downturn. The smallest decline of -15.6% was in 2021.