Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Libya - 2022
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Libya (CIF) - 2022
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Libya
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Libya (CIF) - 2022
The average import price for cotton yarn (other than sewing thread), put up for retail sale stood at $11,166 per ton in 2022, picking up by 84% against the previous year. In general, the import price saw a strong expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 141% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
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 ($13,997 per ton), while the price for Turkey ($9,235 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+65.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Libya
In 2022, the amount of cotton yarn (other than sewing thread), put up for retail sale imported into Libya reduced markedly to 1.6 tons, with a decrease of -48.7% compared with 2021 figures. Over the period under review, imports continue to indicate a precipitous setback. The smallest decline of -32% was in 2021.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale reduced to $18K in 2022. Overall, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 13%.
| Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 26.1 | N/A | N/A | 13.5 | -19.7% |
| Turkey | 5.6 | 14.5 | 16.0 | 3.7 | -12.9% |
| China | 3.0 | 2.8 | 2.8 | 1.2 | -26.3% |
| Others | N/A | N/A | 0.7 | N/A | 0% |
| Total | 34.7 | 17.3 | 19.5 | 18.4 | -19.1% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Libya in 2022:
- Egypt (1159.0 kg)
- Turkey (399.0 kg)
- China (89.0 kg)
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