Waxes; Artificial, Prepared Price in Libya - 2022
Contents:
Waxes; Artificial, Prepared Price in Libya (CIF) - 2022
In 2022, the average waxes; artificial, prepared import price amounted to $4,082 per ton, waning by -6.7% against the previous year. Overall, the import price, however, showed prominent growth. The pace of growth was the most pronounced in 2013 when the average import price increased by 140%. As a result, import price attained the peak level of $4,455 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($11,977 per ton), while the price for Egypt ($1,487 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+53.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Waxes; Artificial, Prepared Imports in Libya
In 2022, the amount of waxes; artificial, prepared imported into Libya dropped remarkably to 89 tons, with a decrease of -19.3% on the previous year's figure. In general, imports saw a precipitous setback. The most prominent rate of growth was recorded in 2021 when imports increased by 98%.
In value terms, waxes; artificial, prepared imports declined remarkably to $365K in 2022. Over the period under review, imports showed a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 98% against the previous year.
| Import of Waxes; Artificial, Prepared in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 34.9 | 12.7 | 101 | 109 | 46.2% |
| Italy | 95.8 | 96.5 | 156 | 66.2 | -11.6% |
| Spain | 177 | N/A | N/A | 41.9 | -38.1% |
| United Kingdom | 1.9 | N/A | N/A | 25.5 | 137.6% |
| China | 68.5 | 15.9 | 26.7 | 10.3 | -46.8% |
| Egypt | 21.0 | N/A | N/A | 0.7 | -67.8% |
| India | N/A | 1.2 | 23.0 | N/A | 1816.7% |
| Others | 291 | 119 | 178 | 112 | -27.3% |
| Total | 690 | 245 | 484 | 365 | -19.1% |
Top Suppliers of Waxes; Artificial, Prepared to Libya in 2022:
- Turkey (43.3 tons)
- Spain (10.7 tons)
- United Kingdom (8.4 tons)
- Italy (5.5 tons)
- China (4.0 tons)
- Egypt (0.5 tons)
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