Price for Lubricating Preparations Not for the Treatment of Materials in Libya - 2022

Contents:

1. Price for Lubricating Preparations Not for the Treatment of Materials in Libya (CIF) - 2022
2. Price for Lubricating Preparations Not for the Treatment of Materials in Libya (FOB) - 2022
3. Imports of Lubricating Preparations Not for the Treatment of Materials in Libya
4. Exports of Lubricating Preparations Not for the Treatment of Materials in Libya

Price for Lubricating Preparations Not for the Treatment of Materials in Libya (CIF) - 2022

The average import price for lubricating preparations not for the treatment of materials stood at $3,902 per ton in 2022, increasing by 14% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for lubricating preparations not for the treatment of materials increased by +31.8% against 2020 indices. The pace of growth was the most pronounced in 2014 an increase of 47% against the previous year. The import price peaked at $4,902 per ton in 2017; however, from 2018 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 ($7,722 per ton), while the price for Canada ($1,286 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lubricating Preparations Not for the Treatment of Materials in Libya (FOB) - 2022

The average export price for lubricating preparations not for the treatment of materials stood at $1,495 per ton in 2022, reducing by -16.1% against the previous year. Overall, the export price faced a deep contraction. The export price peaked at $8,705 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -92.3% per year.

Imports of Lubricating Preparations Not for the Treatment of Materials in Libya

In 2022, approx. 3.2K tons of lubricating preparations not for the treatment of materials were imported into Libya; leveling off at the year before. In general, imports continue to indicate a deep contraction.

In value terms, imports of lubricating preparations not for the treatment of materials expanded remarkably to $13M in 2022. Over the period under review, imports continue to indicate a abrupt curtailment.

Top Suppliers of Lubricating Preparations Not for the Treatment of Materials to Libya in 2022:

1. United Kingdom (668.3 tons)
2. Egypt (304.1 tons)
3. United States (280.6 tons)
4. Germany (254.3 tons)
5. Turkey (219.8 tons)
6. Italy (214.3 tons)
7. Lithuania (190.2 tons)
8. Saudi Arabia (176.6 tons)
9. Canada (170.7 tons)
10. United Arab Emirates (126.2 tons)
11. Belgium (116.6 tons)
12. France (85.5 tons)
13. Spain (85.1 tons)

Exports of Lubricating Preparations Not for the Treatment of Materials in Libya

Exports of lubricating preparations not for the treatment of materials from Libya soared to 107 tons in 2022, picking up by 24% on the year before. In general, exports posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 105% against the previous year. Over the period under review, the exports of lubricating preparations not for treatment of materials reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of lubricating preparations not for the treatment of materials reached $160K in 2022. Over the period under review, total exports indicated a significant expansion from 2020 to 2022: its value increased at an average annual rate of +24.6% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 49%. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Lubricating Preparations Not for the Treatment of Materials from Libya in 2022:

1. France (106.9 tons)