Libya: Bentonite Market 2021

Bentonite Market Size in Libya

After twelve years of growth, the Libyan bentonite market decreased by -X% to $X in 2019. Over the period under review, consumption, however, recorded a resilient expansion. The growth pace was the most rapid in 2015 when the market value increased by X% y-o-y. Over the period under review, the market reached the peak level at $X in 2018, and then shrank in the following year.

Bentonite Exports

Exports from Libya

In 2019, after two years of decline, there was decline in overseas shipments of bentonite, when their volume decreased by X% to X kg. In general, exports showed a relatively flat trend pattern. Libya exports peaked at X kg in 2016; however, from 2017 to 2019, exports failed to regain the momentum.

In value terms, bentonite exports amounted to $X in 2019. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, exports attained the peak figure at $X in 2016; however, from 2017 to 2019, exports remained at a lower figure.

Exports by Country

In 2019, India (X tons), distantly followed by the U.S. (X tons), Turkey (X tons), Italy (X tons) and China (X tons) represented the key exporters of bentonite, together constituting X% of total exports. Slovakia (X tons), Azerbaijan (X tons), the Czech Republic (X tons), the Netherlands (X tons), Germany (X tons) and Greece (X tons) followed a long way behind the leaders.

From 2007 to 2019, the biggest increases were in Greece, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest bentonite supplying countries from Libya were the U.S. ($X), Turkey ($X) and India ($X), together accounting for X% of total exports.

In terms of the main exporting countries, Turkey saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the bentonite export price in Libya amounted to $X per ton, flattening at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. Over the period under review, export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Germany ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced more modest paces of growth.

Bentonite Imports

Imports into Libya

After twelve years of growth, overseas purchases of bentonite decreased by -X% to X tons in 2019. Over the period under review, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Libya imports peaked at X tons in 2018, and then shrank notably in the following year.

In value terms, bentonite imports reduced to $X in 2019. In general, imports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Libya imports peaked at $X in 2018, and then shrank in the following year.

Imports by Country

The purchases of the twelve major importers of bentonite, namely Germany, Canada, Indonesia, the Netherlands, Malaysia, Poland, Russia, Saudi Arabia, Thailand, the UK, Japan and France, represented more than half of total import. Italy (X tons) occupied a relatively small share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Thailand, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bentonite importing markets into Libya were Germany ($X), Canada ($X) and the Netherlands ($X), together comprising X% of total imports. These countries were followed by Japan, Thailand, France, the UK, Indonesia, Saudi Arabia, Poland, Russia, Malaysia and Italy, which together accounted for a further X terms of the main importing countries, Thailand recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The bentonite import price in Libya stood at $X per ton in 2019, growing by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the import price increased by X% y-o-y. Over the period under review, import prices hit record highs in 2019 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Japan ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform