Price for Yarn; of Flax, Single in Libya - 2022

Price for Yarn; of Flax, Single in Libya (CIF) - 2022

In 2022, the average yarn; of flax, single import price amounted to $5,492 per ton, surging by 11% against the previous year. Over the period under review, the import price, however, showed a abrupt setback. The growth pace was the most rapid in 2019 when the average import price increased by 21%. The import price peaked at $10,391 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Egypt.

From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to -6.1% per year.

Imports of Yarn; of Flax, Single in Libya

In 2022, approx. 666 kg of yarn; of flax, singles were imported into Libya; shrinking by -9.3% against the previous year. In general, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 6.7% against the previous year.

In value terms, yarn; of flax, single imports totaled $3.7K in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 11%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.