Price for Embroidery; in the Piece, in Strips or in Motifs in Libya - 2022

Contents:

  1. Price for Embroidery; in the Piece, in Strips or in Motifs in Libya (CIF) - 2022
  2. Imports of Embroidery; in the Piece, in Strips or in Motifs in Libya

Price for Embroidery; in the Piece, in Strips or in Motifs in Libya (CIF) - 2022

The average import price for embroidery; in the piece, in strips or in motifses stood at $6,918 per ton in 2022, rising by 16% against the previous year. In general, the import price, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2020 an increase of 48% against the previous year. The import price peaked at $21,252 per ton 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 India ($18,727 per ton), while the price for Turkey ($5,911 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-8.8%), while the prices for the other major suppliers experienced a decline.

Imports of Embroidery; in the Piece, in Strips or in Motifs in Libya

In 2022, approx. 104 tons of embroidery; in the piece, in strips or in motifses were imported into Libya; declining by -4.6% on the previous year. Over the period under review, imports faced a precipitous contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 536% against the previous year.

In value terms, imports of embroidery; in the piece, in strips or in motifses stood at $722K in 2022. Overall, imports continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2021 when imports increased by 156% against the previous year.

Import of Embroidery; in the Piece, in Strips or in Motifs in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,67943.9224394-38.3%
Turkey27616.33902790.4%
India90019420.649.1-62.1%
Saudi Arabia650N/A19.7N/A-82.6%
Others3881.6N/A0.3-90.8%
Total3,892256654722-43.0%

Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Libya in 2022:

  1. China (54.6 tons)
  2. Turkey (47.1 tons)
  3. India (2.6 tons)

Source: IndexBox Market Intelligence Platform

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