Price for Woven Fabrics of Artificial Staple Fibres in Libya - 2022
Contents:
- Price for Woven Fabrics of Artificial Staple Fibres in Libya (CIF) - 2022
- Imports of Woven Fabrics of Artificial Staple Fibres in Libya
Price for Woven Fabrics of Artificial Staple Fibres in Libya (CIF) - 2022
The average import price for woven fabrics of artificial staple fibres stood at $5.3 per square meter in 2022, declining by -4.4% against the previous year. Over the period under review, the import price saw a noticeable reduction. The most prominent rate of growth was recorded in 2014 an increase of 128% against the previous year. Over the period under review, average import prices attained the peak figure at $19 per square meter in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -3.6% per year.
Imports of Woven Fabrics of Artificial Staple Fibres in Libya
In 2022, imports of woven fabrics of artificial staple fibres into Libya declined dramatically to 721K square meters, with a decrease of -20.9% against the previous year. In general, imports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2021 when imports increased by 72% against the previous year. As a result, imports reached the peak of 912K square meters, and then shrank notably in the following year.
In value terms, imports of woven fabrics of artificial staple fibres dropped markedly to $3.8M in 2022. Over the period under review, imports recorded a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 96%. As a result, imports reached the peak of $5M, and then contracted notably in the following year.
Import of Woven Fabrics of Artificial Staple Fibres in Libya (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 0.2 | 0.3 | 0.3 | 3.8 | 166.8% |
China | 4.4 | 2.2 | 4.4 | N/A | 0.0% |
Others | 0.1 | 0.1 | 0.3 | N/A | 73.2% |
Total | 4.7 | 2.6 | 5.0 | 3.8 | -6.8% |
Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Libya in 2022:
- Turkey (720.8K square meters)
This report provides an in-depth analysis of the man-made filament fabric market in Libya.
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