Price for Textiles; Worn Clothing and Other Worn Articles in Libya - 2022

Contents:

1. Price for Textiles; Worn Clothing and Other Worn Articles in Libya (CIF) - 2022
2. Price for Textiles; Worn Clothing and Other Worn Articles in Libya (FOB) - 2022
3. Imports of Textiles; Worn Clothing and Other Worn Articles in Libya
4. Exports of Textiles; Worn Clothing and Other Worn Articles in Libya

Price for Textiles; Worn Clothing and Other Worn Articles in Libya (CIF) - 2022

The average import price for textiles; worn clothing and other worn articleses stood at $1,343 per ton in 2022, dropping by -36% against the previous year. Over the period under review, the import price saw a pronounced setback. The pace of growth appeared the most rapid in 2017 when the average import price increased by 79%. Over the period under review, average import prices hit record highs at $2,485 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 Italy ($3,529 per ton), while the price for Tunisia ($546 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textiles; Worn Clothing and Other Worn Articles in Libya (FOB) - 2022

The average export price for textiles; worn clothing and other worn articleses stood at $1,420 per ton in 2022, growing by 98% against the previous year. Overall, the export price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 106% against the previous year. The export price peaked at $3,212 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malta ($5,517 per ton), while the average price for exports to Sweden ($353 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+37,506.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textiles; Worn Clothing and Other Worn Articles in Libya

In 2022, approx. 766 tons of textiles; worn clothing and other worn articleses were imported into Libya; shrinking by -50.9% against the year before. In general, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 75%. As a result, imports reached the peak of 1.6K tons, and then contracted remarkably in the following year.

In value terms, imports of textiles; worn clothing and other worn articleses contracted markedly to $1M in 2022. Overall, imports continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2021 when imports increased by 53% against the previous year. As a result, imports reached the peak of $3.3M, and then plummeted in the following year.

Top Suppliers of Textiles; Worn Clothing and Other Worn Articles to Libya in 2022:

1. Netherlands (257.6 tons)
2. United Kingdom (138.8 tons)
3. Belgium (111.4 tons)
4. Cambodia (90.9 tons)
5. China (49.3 tons)
6. Turkey (23.9 tons)
7. Tunisia (17.6 tons)
8. Spain (12.8 tons)
9. United States (9.6 tons)
10. Egypt (1.5 tons)
11. South Korea (0.4 tons)

Exports of Textiles; Worn Clothing and Other Worn Articles in Libya

Exports of textiles; worn clothing and other worn articleses from Libya contracted significantly to 7.9 tons in 2022, with a decrease of -56.2% compared with the previous year. In general, exports continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 494%.

In value terms, exports of textiles; worn clothing and other worn articleses shrank to $11K in 2022. Overall, exports showed a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 534%.

Top Export Markets for Textiles; Worn Clothing and Other Worn Articles from Libya in 2022:

1. Sweden (2.5 tons)
2. Germany (2.4 tons)
3. Egypt (1.6 tons)
4. Zimbabwe (0.8 tons)
5. Malta (0.6 tons)

Source: IndexBox Market Intelligence Platform