Quartzite Price in Libya - 2022

Contents:

  1. Quartzite Price in Libya (FOB) - 2022
  2. Quartzite Price in Libya (CIF) - 2022
  3. Quartzite Exports in Libya
  4. Quartzite Imports in Libya

Quartzite Price in Libya (FOB) - 2022

The average quartzite export price stood at $7,928 per ton in 2022, growing by 2.5% against the previous year. In general, the export price enjoyed significant growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 40%. The export price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, 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 +23.5% per year.

Quartzite Price in Libya (CIF) - 2022

In 2022, the average quartzite import price amounted to $2,398 per ton, growing by 8.7% against the previous year. Overall, the import price posted a strong increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 347%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tunisia ($4,893 per ton), while the price for Italy ($1,112 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malta (+31.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Quartzite Exports in Libya

In 2022, after two years of decline, there was significant growth in shipments abroad of quartzite, when their volume increased by 711% to 3.6 tons. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, quartzite exports surged to $28K in 2022. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Quartzite in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.84.33.428.581.1%
OthersN/AN/A0.1N/A0%
Total4.84.33.428.581.1%

Top Export Markets for Quartzite from Libya in 2022:

  1. China (3.6 tons)

Quartzite Imports in Libya

In 2022, purchases abroad of quartzite was finally on the rise to reach 1.9 tons after two years of decline. Over the period under review, imports, however, continue to indicate a abrupt contraction.

In value terms, quartzite imports skyrocketed to $4.5K in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Quartzite in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TunisiaN/AN/AN/A1.90%
Egypt0.20.82.11.595.7%
Italy1.12.51.41.10.0%
Malta1.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.13.23.44.513.2%

Top Suppliers of Quartzite to Libya in 2022:

  1. Italy (993.0 kg)
  2. Egypt (492.0 kg)
  3. Tunisia (393.0 kg)

Source: IndexBox Market Intelligence Platform

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