Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Libya - 2022

Contents:

  1. Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Libya (CIF) - 2022
  2. Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Libya

Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Libya (CIF) - 2022

The average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $2,678 per ton in 2022, remaining constant against the previous year. In general, the import price, however, saw a pronounced expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 50%. As a result, import price reached the peak level of $4,098 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($3,168 per ton), while the price for Turkey totaled $2,553 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+8.3%).

Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Libya

In 2022, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings into Libya fell sharply to 7.2 tons, which is down by -38.1% against 2021. Overall, imports continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2021 with an increase of 290% against the previous year.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings declined markedly to $19K in 2022. In general, imports saw a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 476%. As a result, imports attained the peak of $32K, and then declined notably in the following year.

Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey11.71.38.214.77.9%
Egypt13.54.223.34.6-30.2%
OthersN/AN/AN/AN/A0%
Total25.25.531.519.4-8.3%

Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to Libya in 2022:

  1. Turkey (5.8 tons)
  2. Egypt (1.5 tons)

Source: IndexBox Market Intelligence Platform

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