Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Libya - 2022

Contents:

  1. Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Libya (CIF) - 2022
  2. Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Libya (FOB) - 2022
  3. Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Libya
  4. Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Libya

Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Libya (CIF) - 2022

The average import price for yarn of carded wool, not put up for retail sale stood at $13,882 per ton in 2022, growing by 22% against the previous year. Overall, the import price enjoyed a strong expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

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 Egypt ($19,448 per ton), while the price for Turkey totaled $9,434 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+17.0%).

Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Libya (FOB) - 2022

The average export price for yarn of carded wool, not put up for retail sale stood at $7,727 per ton in 2022, picking up by 24% against the previous year. Overall, the export price recorded a resilient expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 35%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tunisia ($8,400 per ton), while the average price for exports to Turkey stood at $1,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+6.2%).

Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Libya

For the third consecutive year, Libya recorded decline in supplies from abroad of yarn of carded wool, not put up for retail sale, which decreased by -14% to 17 tons in 2022. Over the period under review, imports saw a abrupt shrinkage.

In value terms, imports of yarn of carded wool, not put up for retail sale reached $231K in 2022. The total import value increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt1111211321449.1%
Turkey88.087.987.787.3-0.3%
OthersN/AN/AN/AN/A0%
Total1992092202315.1%

Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Libya in 2022:

  1. Turkey (9.3 tons)
  2. Egypt (7.4 tons)

Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Libya

For the third year in a row, Libya recorded decline in shipments abroad of yarn of carded wool, not put up for retail sale, which decreased by -15.4% to 11 kg in 2022. Overall, exports faced a abrupt downturn.

In value terms, exports of yarn of carded wool, not put up for retail sale stood at $85 in 2022. The total export value increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Libya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tunisia77.079.081.084.02.9%
TurkeyN/AN/AN/A1.00%
OthersN/AN/AN/AN/A0%
Total77.079.081.085.03.3%

Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Libya in 2022:

  1. Tunisia (10.0 kg)
  2. Turkey (1.0 kg)

Source: IndexBox Market Intelligence Platform

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