Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Libya - 2022
Contents:
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Libya (CIF) - 2022
- Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Libya
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Libya (CIF) - 2022
The average import price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings stood at $1,514 per ton in 2022, waning by -3.3% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 58% against the previous year. Over the period under review, average import prices hit record highs at $1,718 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($2,413 per ton), while the price for Taiwan (Chinese) ($728 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.7%), while the prices for the other major suppliers experienced a decline.
Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Libya
In 2022, the amount of synthetic staple fibres, not carded, combed or otherwise processed for spinnings imported into Libya skyrocketed to 323 tons, rising by 76% against the year before. Overall, imports, however, continue to indicate a abrupt decrease.
In value terms, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings surged to $489K in 2022. Over the period under review, imports, however, continue to indicate a perceptible contraction.
| Import of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 66.9 | 134 | 84.0 | 131 | 25.1% |
| Egypt | 19.5 | 68.5 | 16.2 | 82.0 | 61.4% |
| United Arab Emirates | 2.8 | N/A | N/A | 42.5 | 147.6% |
| Turkey | 100 | 201 | 102 | 32.5 | -31.2% |
| Thailand | 17.7 | 20.0 | 28.6 | 24.5 | 11.4% |
| Taiwan (Chinese) | 30.3 | 27.8 | 21.2 | 14.7 | -21.4% |
| United States | 7.1 | 7.5 | 6.3 | 5.4 | -8.7% |
| Myanmar | 9.1 | N/A | N/A | N/A | 0% |
| Others | 289 | 14.4 | 27.8 | 156 | -18.6% |
| Total | 542 | 474 | 286 | 489 | -3.4% |
Top Suppliers of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Libya in 2022:
- China (98.5 tons)
- Egypt (64.8 tons)
- United Arab Emirates (36.5 tons)
- Thailand (32.1 tons)
- Taiwan (Chinese) (20.2 tons)
- Turkey (13.5 tons)
- United States (4.7 tons)
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