Price for Wood; Statuettes and Other Ornaments of Wood in Libya - 2022

Contents:

1. Price for Wood; Statuettes and Other Ornaments of Wood in Libya (CIF) - 2022
2. Imports of Wood; Statuettes and Other Ornaments of Wood in Libya

Price for Wood; Statuettes and Other Ornaments of Wood in Libya (CIF) - 2022

In 2022, the average import price for wood; statuettes and other ornaments of wood amounted to $2,829 per ton, jumping by 24% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 81% against the previous year. As a result, import price attained the peak level of $6,774 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 the UK ($9,984 per ton), while the price for Turkey ($1,934 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+1.4%), while the prices for the other major suppliers experienced a decline.

Imports of Wood; Statuettes and Other Ornaments of Wood in Libya

In 2022, supplies from abroad of wood; statuettes and other ornaments of wood decreased by -20% to 67 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 461%. As a result, imports reached the peak of 130 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of wood; statuettes and other ornaments of wood fell to $189K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 360%. As a result, imports reached the peak of $365K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to Libya in 2022:

1. China (48.4 tons)
2. Thailand (9.7 tons)
3. Turkey (4.8 tons)
4. United Kingdom (1.8 tons)
5. Indonesia (0.5 tons)

Source: IndexBox Market Intelligence Platform