Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Libya - 2022

Contents:

  1. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Libya (CIF) - 2022
  2. Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Libya

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Libya (CIF) - 2022

In 2022, the average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $2,935 per ton, with an increase of 1.8% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 27% against the previous year. Over the period under review, average import prices attained the maximum at $2,965 per ton in 2018; however, from 2019 to 2022, 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 Germany ($7,896 per ton), while the price for Tunisia ($1,489 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Libya

In 2022, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) into Libya declined markedly to 2.8K tons, dropping by -26% compared with 2021 figures. Overall, total imports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +3.2% 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 +47.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 100% against the previous year. As a result, imports attained the peak of 3.7K tons, and then shrank sharply in the following year.

In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) dropped remarkably to $8.1M in 2022. Over the period under review, imports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 97%. As a result, imports reached the peak of $11M, and then declined notably in the following year.

Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Libya (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1.70.93.22.513.7%
Turkey1.20.91.21.814.5%
United States2.51.03.61.7-12.1%
China0.40.40.80.720.5%
Netherlands0.10.60.50.681.7%
Tunisia0.20.10.20.20.0%
Germany0.21.10.50.1-20.6%
Others0.50.60.80.66.3%
Total6.75.510.88.16.5%

Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Libya in 2022:

  1. Italy (995.8 tons)
  2. Turkey (775.1 tons)
  3. China (303.9 tons)
  4. United States (275.3 tons)
  5. Netherlands (141.8 tons)
  6. Tunisia (108.0 tons)
  7. Germany (8.2 tons)

Source: IndexBox Market Intelligence Platform

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