Price for Cotton; Sewing Thread, Put Up for Retail Sale in Libya - 2022

Contents:

  1. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Libya (CIF) - 2022
  2. Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Libya

Price for Cotton; Sewing Thread, Put Up for Retail Sale in Libya (CIF) - 2022

In 2022, the average import price for cotton; sewing thread, put up for retail sale amounted to $5,667 per ton, declining by -9% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 an increase of 68% against the previous year. As a result, import price reached the peak level of $6,888 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($15,355 per ton), while the price for Turkey ($5,283 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+12.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Libya

In 2022, the amount of cotton; sewing thread, put up for retail sale imported into Libya dropped notably to 2.8 tons, waning by -46% against 2021 figures. Over the period under review, imports showed a sharp curtailment. The smallest decline of -20.9% was in 2020.

In value terms, imports of cotton; sewing thread, put up for retail sale declined dramatically to $16K in 2022. Overall, imports continue to indicate a sharp descent. The smallest decline of -2.2% was in 2020.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China35.538.822.015.0-25.0%
Turkey2.8N/A10.00.2-58.5%
United Arab Emirates4.34.1N/AN/A-4.7%
Others1.2N/AN/A0.5-25.3%
Total43.943.032.015.7-29.0%

Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to Libya in 2022:

  1. China (2701.0 kg)
  2. Turkey (46.0 kg)

Source: IndexBox Market Intelligence Platform

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