Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Libya - 2022

Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Libya (CIF) - 2022

The average import price for yarn of other vegetable textile fibres; paper yarns stood at $1,696 per ton in 2022, with a decrease of -6.3% against the previous year. Over the period under review, the import price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 a decrease of -0.4% against the previous year. The import price peaked at $11,083 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -17.3% per year.

Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Libya

For the third year in a row, Libya recorded decline in supplies from abroad of yarn of other vegetable textile fibres; paper yarns, which decreased by -34.8% to 437 kg in 2022. In general, imports showed a precipitous decrease. The smallest decline of -25.7% was in 2021.

In value terms, imports of yarn of other vegetable textile fibres; paper yarns fell rapidly to $741 in 2022. Overall, imports recorded a sharp curtailment. The smallest decline of -28.1% was in 2021.