Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Libya - 2022
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Libya (CIF) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Libya
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Libya (CIF) - 2022
In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $3,473 per ton, with an increase of 75% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $4,952 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($6,177 per ton), while the price for China ($2,048 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Libya
In 2022, after three years of growth, there was significant decline in supplies from abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses, when their volume decreased by -56.8% to 297 tons. In general, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 174% against the previous year. As a result, imports reached the peak of 688 tons, and then declined sharply in the following year.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses declined markedly to $1M in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 94%.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 171 | 119 | 303 | 269 | 16.3% |
| Italy | 33.7 | 121 | 34.8 | 229 | 89.4% |
| China | 58.7 | 65.3 | 671 | 157 | 38.8% |
| India | 126 | 38.8 | N/A | 55.2 | -24.1% |
| United Kingdom | N/A | N/A | N/A | 51.7 | 0% |
| Netherlands | 21.6 | 85.4 | 61.0 | N/A | 68.0% |
| Others | 118 | 597 | 298 | 270 | 31.8% |
| Total | 530 | 1,028 | 1,368 | 1,031 | 24.8% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to Libya in 2022:
- Turkey (119.3 tons)
- China (76.5 tons)
- Italy (37.0 tons)
- India (11.4 tons)
- United Kingdom (10.7 tons)
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