Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Libya - 2022

Contents:

  1. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Libya (CIF) - 2022
  2. Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Libya

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Libya (CIF) - 2022

In 2022, the average import price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $1.4 per square meter, waning by -10.4% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for textile fabrics, rubberised; other than those of heading no. 5902s increased by +18.4% against 2019 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 90%. Over the period under review, average import prices reached the maximum at $1.6 per square meter in 2021, and then dropped in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($1.5 per square meter) and the United Arab Emirates ($1.5 per square meter), while the price for Saudi Arabia ($1.1 per square meter) and China ($1.4 per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Libya

For the fourth year in a row, Libya recorded growth in purchases abroad of textile fabrics, rubberised; other than those of heading no. 5902s, which increased by 13% to 489K square meters in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 45%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s stood at $695K in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 68%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19131157559145.7%
Saudi Arabia30.133.747.445.214.5%
Italy49.746.840.723.6-22.0%
United Arab Emirates18.72.37.24.9-36.0%
Others12.812.914.730.733.9%
Total30240768569532.0%

Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to Libya in 2022:

  1. China (424.9K square meters)
  2. Saudi Arabia (41.3K square meters)
  3. Italy (15.3K square meters)
  4. United Arab Emirates (3.3K square meters)

Source: IndexBox Market Intelligence Platform

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Free Data: Textile fabrics, rubberised; other than those of heading no. 5902 - Libya