Price for Silk; Woven Fabrics of Noil Silk in Libya - 2022

Contents:

  1. Price for Silk; Woven Fabrics of Noil Silk in Libya (CIF) - 2022
  2. Imports of Silk; Woven Fabrics of Noil Silk in Libya

Price for Silk; Woven Fabrics of Noil Silk in Libya (CIF) - 2022

In 2022, the average import price for silk; woven fabrics of noil silks amounted to $111,400 per ton, shrinking by -22.3% against the previous year. Overall, the import price, however, recorded resilient growth. The pace of growth appeared the most rapid in 2021 an increase of 177% against the previous year. As a result, import price reached the peak level of $143,455 per ton, and then fell dramatically in the following year.

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 the United Arab Emirates ($122,889 per ton), while the price for Morocco amounted to $8,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+19.6%).

Imports of Silk; Woven Fabrics of Noil Silk in Libya

Imports of silk; woven fabrics of noil silks into Libya contracted to 10 kg in 2022, waning by -9.1% compared with the previous year's figure. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year.

In value terms, imports of silk; woven fabrics of noil silks declined significantly to $1.1K in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 336%. As a result, imports reached the peak of $1.6K, and then reduced dramatically in the following year.

Import of Silk; Woven Fabrics of Noil Silk in Libya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates5203629341,10628.6%
MoroccoN/AN/AN/A8.00%
OthersN/AN/A644N/A0%
Total5203621,5781,11428.9%

Top Suppliers of Silk; Woven Fabrics of Noil Silk to Libya in 2022:

  1. United Arab Emirates (9.0 kg)
  2. Morocco (1.0 kg)

Source: IndexBox Market Intelligence Platform

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