Price for Waste, Parings and Scrap, of Plastics in Libya - 2022

Contents:

1. Price for Waste, Parings and Scrap, of Plastics in Libya (FOB) - 2022
2. Price for Waste, Parings and Scrap, of Plastics in Libya (CIF) - 2022
3. Exports of Waste, Parings and Scrap, of Plastics in Libya
4. Imports of Waste, Parings and Scrap, of Plastics in Libya

Price for Waste, Parings and Scrap, of Plastics in Libya (FOB) - 2022

In 2022, the average export price for waste, parings and scrap, of plasticses amounted to $492 per ton, falling by -2.1% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 152%. Over the period under review, the average export prices hit record highs at $511 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($509 per ton), while the average price for exports to the Netherlands stood at $359 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+1.2%), while the prices for the other major destinations experienced a decline.

Price for Waste, Parings and Scrap, of Plastics in Libya (CIF) - 2022

The average import price for waste, parings and scrap, of plasticses stood at $404 per ton in 2022, which is down by -5.5% against the previous year. Overall, the import price recorded a mild reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 103%. Over the period under review, average import prices attained the peak figure at $509 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Turkey ($3,276 per ton), while the price for Tunisia stood at $280 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.7%), while the prices for the other major suppliers experienced a decline.

Exports of Waste, Parings and Scrap, of Plastics in Libya

In 2022, the amount of waste, parings and scrap, of plasticses exported from Libya declined notably to 942 tons, shrinking by -38.5% on the previous year. In general, exports continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2021 when exports increased by 336%.

In value terms, exports of waste, parings and scrap, of plasticses declined notably to $463K in 2022. Over the period under review, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 390% against the previous year. As a result, the exports attained the peak of $769K, and then contracted sharply in the following year.

Top Export Markets for Waste, Parings and Scrap, of Plastics from Libya in 2022:

1. Turkey (834.4 tons)
2. Netherlands (107.4 tons)

Imports of Waste, Parings and Scrap, of Plastics in Libya

In 2022, imports of waste, parings and scrap, of plasticses into Libya skyrocketed to 318 tons, jumping by 67% compared with 2021. Overall, imports saw a notable expansion.

In value terms, imports of waste, parings and scrap, of plasticses surged to $128K in 2022. In general, imports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 190% against the previous year. As a result, imports reached the peak of $175K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Waste, Parings and Scrap, of Plastics to Libya in 2022:

1. Tunisia (304.5 tons)
2. Turkey (13.1 tons)

Source: IndexBox Market Intelligence Platform