Sulphites; Thiosulphates Price in Libya - 2022
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Sulphites; Thiosulphates Price in Libya (CIF) - 2022
In 2022, the average sulphites; thiosulphates import price amounted to $779 per ton, shrinking by -26.5% against the previous year. Over the period under review, the import price recorded a perceptible decline. The most prominent rate of growth was recorded in 2018 an increase of 33%. Over the period under review, average import prices hit record highs at $1,238 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,437 per ton), while the price for the United Arab Emirates ($336 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphites; Thiosulphates Imports in Libya
In 2022, approx. 137 tons of sulphites; thiosulphateses were imported into Libya; reducing by -40% on the previous year's figure. Overall, imports, however, showed a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 220%. As a result, imports reached the peak of 229 tons, and then fell rapidly in the following year.
In value terms, sulphites; thiosulphates imports fell markedly to $107K in 2022. In general, imports recorded a noticeable decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 242%. As a result, imports attained the peak of $242K, and then reduced dramatically in the following year.
| Import of Sulphites; Thiosulphates in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1.8 | N/A | 15.8 | 58.8 | 219.7% |
| Turkey | 1.1 | 10.9 | 4.4 | 21.3 | 168.5% |
| United Kingdom | 46.9 | 9.0 | 49.2 | 9.2 | -41.9% |
| Italy | 10.1 | 48.7 | 12.7 | 8.2 | -6.7% |
| United Arab Emirates | N/A | N/A | 0.5 | 7.0 | 1300.0% |
| Tunisia | 6.6 | N/A | 1.6 | 2.3 | -29.6% |
| France | 45.6 | 0.1 | 158 | 0.3 | -81.3% |
| Others | 4.0 | 2.2 | 0.2 | N/A | -77.6% |
| Total | 116 | 70.8 | 242 | 107 | -2.7% |
Top Suppliers of Sulphites; Thiosulphates to Libya in 2022:
- Belgium (76.8 tons)
- Turkey (24.5 tons)
- United Arab Emirates (20.7 tons)
- United Kingdom (7.3 tons)
- Italy (5.7 tons)
- Tunisia (2.0 tons)
- France (0.3 tons)
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