Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Libya - 2022
Contents:
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Libya (CIF) - 2022
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Libya (FOB) - 2022
- Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Libya
- Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Libya
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Libya (CIF) - 2022
The average import price for furniture; wooden, other than for office, kitchen or bedroom use stood at $76 per unit in 2022, surging by 4.5% against the previous year. Overall, the import price, however, continues to indicate a mild decrease. The pace of growth was the most pronounced in 2018 an increase of 33% against the previous year. As a result, import price reached the peak level of $89 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($82 per unit), while the price for China ($41 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-0.7%), while the prices for the other major suppliers experienced a decline.
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Libya (FOB) - 2022
In 2022, the average export price for furniture; wooden, other than for office, kitchen or bedroom use amounted to $69 per unit, with an increase of 62% against the previous year. In general, the export price, however, showed a deep reduction. Over the period under review, the average export prices hit record highs at $151 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Zimbabwe ($75 per unit) and Spain ($71 per unit), while the average price for exports to the United Arab Emirates ($54 per unit) and the UK ($70 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+1.2%), while the prices for the other major destinations experienced a decline.
Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Libya
Imports of furniture; wooden, other than for office, kitchen or bedroom use into Libya fell to 530K units in 2022, with a decrease of -6.8% against 2021 figures. Overall, imports faced a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year. Imports peaked at 899K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of furniture; wooden, other than for office, kitchen or bedroom use contracted slightly to $40M in 2022. In general, imports saw a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 43%. Imports peaked at $51M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Libya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 29.7 | 18.4 | 29.6 | 28.8 | -1.0% |
| Italy | 3.7 | 1.4 | 3.0 | 3.3 | -3.7% |
| China | 4.5 | 3.6 | 3.1 | 2.9 | -13.6% |
| Egypt | 9.5 | 3.9 | 2.0 | 1.2 | -49.8% |
| United Kingdom | 0.3 | 0.2 | 0.3 | 0.9 | 44.2% |
| Others | 3.8 | 1.4 | 3.4 | 3.2 | -5.6% |
| Total | 51.5 | 28.9 | 41.4 | 40.3 | -7.8% |
Top Suppliers of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use to Libya in 2022:
- Turkey (351.7K units)
- China (70.1K units)
- Italy (40.4K units)
- Egypt (23.0K units)
- United Kingdom (11.3K units)
Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Libya
In 2022, shipments abroad of furniture; wooden, other than for office, kitchen or bedroom use decreased by -64.5% to 106 units, falling for the second consecutive year after two years of growth. In general, exports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2020 with an increase of 86% against the previous year. As a result, the exports attained the peak of 555 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of furniture; wooden, other than for office, kitchen or bedroom use fell dramatically to $7.4K in 2022. Overall, exports faced a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 64%. As a result, the exports reached the peak of $18K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | 0.7 | N/A | 6.4 | 202.4% |
| Spain | N/A | N/A | N/A | 0.4 | 0% |
| United Arab Emirates | N/A | N/A | N/A | 0.3 | 0% |
| Zimbabwe | N/A | N/A | N/A | 0.3 | 0% |
| Burkina Faso | N/A | 14.3 | N/A | N/A | 0% |
| Switzerland | N/A | N/A | 12.8 | N/A | 0% |
| Gambia | 11.1 | N/A | N/A | N/A | 0% |
| Togo | N/A | 3.0 | N/A | N/A | 0% |
| Others | N/A | 0.3 | N/A | N/A | 0% |
| Total | 11.1 | 18.2 | 12.8 | 7.4 | -12.6% |
Top Export Markets for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use from Libya in 2022:
- United Kingdom (92.0 units)
- United Arab Emirates (5.0 units)
- Spain (5.0 units)
- Zimbabwe (4.0 units)
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