Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Libya - 2022

Contents:

  1. Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Libya (CIF) - 2022
  2. Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Libya

Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Libya (CIF) - 2022

In 2022, the average import price for fabrics, woven; from strip or the like, of synthetic textile materialses amounted to $0.4 per square meter, waning by -17.6% against the previous year. In general, the import price saw a slight downturn. The most prominent rate of growth was recorded in 2021 an increase of 42% against the previous year. As a result, import price reached the peak level of $0.4 per square meter, and then declined rapidly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($0.4 per square meter), while the price for Turkey ($0.3 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.4%), while the prices for the other major suppliers experienced a decline.

Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Libya

In 2022, imports of fabrics, woven; from strip or the like, of synthetic textile materialses into Libya fell to 6.6M square meters, waning by -7.3% compared with the year before. In general, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 393% against the previous year. Over the period under review, imports of fabrics, woven; from strip or like, of synthetic textile materialses attained the maximum at 11M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of fabrics, woven; from strip or the like, of synthetic textile materialses reduced notably to $2.3M in 2022. Overall, imports showed a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by 600%. Over the period under review, imports of fabrics, woven; from strip or like, of synthetic textile materialses reached the maximum at $3.2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey4387.212694829.4%
Hungary1,2343961,492701-17.2%
Egypt0.4N/AN/A6821094.7%
China3.0N/A360N/A995.4%
Saudi Arabia1,39332.41,017N/A-14.6%
Others171N/A54.7N/A-43.4%
Total3,2384353,0492,331-10.4%

Top Suppliers of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials to Libya in 2022:

  1. Turkey (3.2M square meters)
  2. Egypt (1.7M square meters)
  3. Hungary (1.7M square meters)

Source: IndexBox Market Intelligence Platform

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