Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Libya - 2022
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Libya (CIF) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Libya
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Libya (CIF) - 2022
In 2022, the average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $1,927 per ton, declining by -23.9% against the previous year. In general, the import price faced a abrupt shrinkage. The growth pace was the most rapid in 2016 an increase of 84% against the previous year. Over the period under review, average import prices hit record highs at $12,493 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 -17.0% per year.
Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Libya
For the fourth consecutive year, Libya recorded growth in supplies from abroad of fabrics; looped pile fabrics, of cotton, knitted or crocheted, which increased by 15% to 606 kg in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted dropped to $1.2K in 2022. In general, imports, however, showed a abrupt contraction. The smallest decline of -12.7% was in 2021.
| Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1.8 | 1.5 | 1.3 | 1.2 | -12.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.8 | 1.5 | 1.3 | 1.2 | -12.6% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Libya in 2022:
- Turkey (606.0 kg)
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