Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Libya - 2022

Contents:

  1. Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Libya (CIF) - 2022
  2. Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Libya

Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Libya (CIF) - 2022

In 2022, the average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses amounted to $3,414 per unit, with an increase of 99% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 127%. Over the period under review, average import prices attained the maximum at $5,890 per unit in 2016; however, from 2017 to 2022, import prices remained at a 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 China ($2,796 per unit), while the price for Turkey stood at $618 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-7.2%), while the prices for the other major suppliers experienced a decline.

Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Libya

In 2022, approx. 2 units of weaving machines (looms); for weaving fabrics of a width 30cm or lesses were imported into Libya; therefore, remained relatively stable against 2021 figures. Overall, imports recorded a dramatic downturn. The smallest decline of -33.3% was in 2021. Imports peaked at 5 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses surged to $3.4K in 2022. In general, imports saw a sharp descent. Imports peaked at $7.4K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.44.51.52.8-14.0%
Turkey3.0N/A0.20.6-41.5%
OthersN/AN/AN/AN/A0%
Total7.44.51.73.4-22.8%

Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to Libya in 2022:

  1. Turkey (1.0 units)
  2. China (1.0 units)

Source: IndexBox Market Intelligence Platform

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