Price for Mineral Substances Not Elsewhere Specified or Included in Libya - 2022
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Libya (CIF) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Libya (FOB) - 2022
- Imports of Mineral Substances Not Elsewhere Specified or Included in Libya
- Exports of Mineral Substances Not Elsewhere Specified or Included in Libya
Price for Mineral Substances Not Elsewhere Specified or Included in Libya (CIF) - 2022
In 2022, the average import price for mineral substances not elsewhere specified or includeds amounted to $406 per ton, surging by 73% against the previous year. Over the period under review, the import price posted notable growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2,424 per ton), while the price for Turkey ($91 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+25.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mineral Substances Not Elsewhere Specified or Included in Libya (FOB) - 2022
The average export price for mineral substances not elsewhere specified or includeds stood at $313 per ton in 2022, with an increase of 17% against the previous year. Over the period under review, the export price, however, showed a deep setback. The pace of growth was the most pronounced in 2019 when the average export price increased by 65%. Over the period under review, the average export prices attained the maximum at $617 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($2,012 per ton), while the average price for exports to China ($262 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-7.2%).
Imports of Mineral Substances Not Elsewhere Specified or Included in Libya
After three years of growth, overseas purchases of mineral substances not elsewhere specified or includeds decreased by -65.3% to 483 tons in 2022. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 482%. As a result, imports attained the peak of 1.4K tons, and then declined dramatically in the following year.
In value terms, imports of mineral substances not elsewhere specified or includeds fell significantly to $196K in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 407% against the previous year. As a result, imports reached the peak of $328K, and then reduced notably in the following year.
| Import of Mineral Substances Not Elsewhere Specified or Included in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.2 | 14.2 | 83.4 | 62.6 | 273.6% |
| Egypt | 7.7 | 6.8 | 9.7 | 35.4 | 66.3% |
| India | 3.3 | 5.5 | 11.9 | 18.4 | 77.3% |
| Germany | 7.5 | 7.1 | 16.1 | 11.2 | 14.3% |
| Tunisia | 2.4 | 4.1 | 22.1 | 10.9 | 65.6% |
| Turkey | 7.3 | 9.9 | 140 | 9.2 | 8.0% |
| Greece | 7.9 | 6.2 | 11.7 | 5.6 | -10.8% |
| Others | 4.4 | 10.9 | 33.3 | 43.1 | 114.0% |
| Total | 41.9 | 64.7 | 328 | 196 | 67.2% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Libya in 2022:
- India (171.4 tons)
- Turkey (101.0 tons)
- Italy (81.7 tons)
- Germany (30.8 tons)
- Egypt (30.4 tons)
- Greece (26.5 tons)
- Tunisia (16.2 tons)
Exports of Mineral Substances Not Elsewhere Specified or Included in Libya
After three years of growth, shipments abroad of mineral substances not elsewhere specified or includeds decreased by -35.6% to 14 tons in 2022. Overall, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 113%.
In value terms, exports of mineral substances not elsewhere specified or includeds reduced markedly to $4.5K in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 97%. As a result, the exports attained the peak of $6K, and then plummeted in the following year.
| Export of Mineral Substances Not Elsewhere Specified or Included in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 3.6 | 0% |
| France | N/A | N/A | N/A | 0.8 | 0% |
| Netherlands | 1.3 | 3.1 | 0.3 | 0.1 | -57.5% |
| Sweden | N/A | N/A | 5.5 | N/A | 0% |
| Others | 0.8 | N/A | 0.2 | N/A | -50.0% |
| Total | 2.2 | 3.1 | 6.0 | 4.5 | 26.9% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Libya in 2022:
- China (13.6 tons)
- Netherlands (0.5 tons)
- France (0.4 tons)
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