Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Libya - 2022

Contents:

  1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Libya (CIF) - 2022
  2. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Libya

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Libya (CIF) - 2022

The average import price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $1 per unit in 2022, which is down by -50.9% against the previous year. Overall, the import price continues to indicate a abrupt descent. The growth pace was the most rapid in 2020 an increase of 127% against the previous year. Over the period under review, average import prices hit record highs at $10 per unit in 2016; however, from 2017 to 2022, import prices remained at a 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 Turkey ($3.3 per unit), while the price for Tunisia ($0.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.9%), while the prices for the other major suppliers experienced a decline.

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Libya

In 2022, approx. 77K units of millstones, grindstones, grinding wheels and the like; of natural stones were imported into Libya; rising by 135% against the previous year's figure. Overall, imports recorded a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones skyrocketed to $76K in 2022. Over the period under review, imports, however, showed a abrupt downturn. Imports peaked at $123K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TunisiaN/AN/AN/A29.90%
Spain107N/A48.128.5-35.7%
Turkey15.09.815.415.10.2%
PolandN/A84.42.0N/A-97.6%
Others1.2N/A0.22.324.2%
Total12394.265.675.8-14.9%

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Libya in 2022:

  1. Tunisia (49.8K units)
  2. Spain (22.4K units)
  3. Turkey (4.5K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Millstones, grindstones, grinding wheels and the like; of natural stone - Libya