Sulphites; of Sodium Price in Libya - 2022
Contents:
Sulphites; of Sodium Price in Libya (CIF) - 2022
In 2022, the average sulphites; of sodium import price amounted to $968 per ton, falling by -3.3% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 35% against the previous year. The import price peaked at $1,001 per ton in 2021, and then reduced modestly in the following year.
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 the UK ($1,833 per ton), while the price for China ($431 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphites; of Sodium Imports in Libya
In 2022, imports of sulphites; of sodia into Libya declined significantly to 273 tons, dropping by -34.4% on 2021 figures. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 214% against the previous year. As a result, imports reached the peak of 416 tons, and then fell rapidly in the following year.
In value terms, sulphites; of sodium imports dropped markedly to $264K in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 272%. As a result, imports attained the peak of $416K, and then shrank notably in the following year.
| Import of Sulphites; of Sodium in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 45.4 | 42.3 | 242 | 109 | 33.9% |
| Belgium | 1.8 | 6.8 | 58.4 | 81.2 | 256.0% |
| Turkey | 11.5 | 8.4 | 15.9 | 29.4 | 36.7% |
| China | 9.2 | 8.6 | 49.2 | 22.1 | 33.9% |
| Italy | 38.7 | 37.7 | 24.8 | 11.3 | -33.7% |
| Spain | 4.0 | 2.1 | 5.8 | 2.6 | -13.4% |
| Others | 14.3 | 6.0 | 20.3 | 8.9 | -14.6% |
| Total | 125 | 112 | 416 | 264 | 28.3% |
Top Suppliers of Sulphites; of Sodium to Libya in 2022:
- France (93.9 tons)
- Belgium (79.8 tons)
- China (51.2 tons)
- Turkey (25.5 tons)
- Italy (11.8 tons)
- Spain (4.2 tons)
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