Chipped Coniferous Wood Price in Libya - 2022
Contents:
Chipped Coniferous Wood Price in Libya (CIF) - 2022
The average chipped coniferous wood import price stood at $107 per cubic meter in 2022, growing by 4.9% against the previous year. Over the period under review, the import price saw strong growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 52%. The import price peaked at $109 per cubic meter in 2020; however, from 2021 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 +13.0% per year.
Chipped Coniferous Wood Imports in Libya
In 2022, overseas purchases of coniferous wood in chips or particles decreased by -8.1% to 34 cubic meters for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 39%. Imports peaked at 37 cubic meters in 2021, and then dropped in the following year.
In value terms, chipped coniferous wood imports reduced to $3.6K in 2022. Overall, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 103% against the previous year. Imports peaked at $3.8K in 2021, and then dropped in the following year.
| Import of Chipped Coniferous Wood in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 1.7 | 3.5 | 3.8 | 3.6 | 28.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.7 | 3.5 | 3.8 | 3.6 | 28.4% |
Top Suppliers of Chipped Coniferous Wood to Libya in 2022:
- Egypt (34.0 cubic meters)
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