Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Libya - 2022
Contents:
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Libya (CIF) - 2022
- Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Libya
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Libya (CIF) - 2022
The average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses stood at $597 per unit in 2022, shrinking by -87.9% against the previous year. In general, the import price saw a dramatic decrease. The pace of growth was the most pronounced in 2016 when the average import price increased by 368% against the previous year. The import price peaked at $15,962 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 China ($1,742 per unit), while the price for Italy ($19 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+46.1%), while the prices for the other major suppliers experienced a decline.
Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Libya
In 2022, after three years of growth, there was significant decline in supplies from abroad of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses, when their volume decreased by -87.5% to 3 units. In general, imports continue to indicate a deep slump. The growth pace was the most rapid in 2020 with an increase of 175%. Imports peaked at 24 units in 2021, and then declined significantly in the following year.
In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses shrank rapidly to $1.8K in 2022. Over the period under review, imports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 90% against the previous year. As a result, imports reached the peak of $118K, and then shrank sharply in the following year.
| Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.1 | 1.6 | 4.0 | 1.7 | -54.5% |
| United Arab Emirates | N/A | N/A | 0.8 | N/A | 0% |
| Egypt | N/A | N/A | 111 | N/A | 0% |
| Italy | N/A | N/A | N/A | N/A | 0% |
| Turkey | 9.4 | 60.6 | 2.8 | N/A | -45.4% |
| Others | 17.6 | N/A | N/A | N/A | 0% |
| Total | 45.1 | 62.2 | 118 | 1.8 | -65.8% |
Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to Libya in 2022:
- Turkey (1.0 units)
- China (1.0 units)
- Italy (1.0 units)
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