Libya: Ceramic Household Article Market 2024

Ceramic Household Article Market Size in Libya

In 2023, after two years of growth, there was significant decline in the Libyan ceramic household article market, when its value decreased by X% to $X. Over the period under review, consumption, however, saw a temperate increase. As a result, consumption reached the peak level of $X. From 2020 to 2023, the growth of the market failed to regain momentum.

Ceramic Household Article Exports

Exports from Libya

In 2023, the amount of ceramic household articles and toilet articles exported from Libya soared to X kg, increasing by X% on 2022 figures. Overall, exports, however, continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X kg in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, ceramic household article exports rose notably to $X in 2023. In general, exports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Egypt (X kg) was the main destination for ceramic household article exports from Libya, with a X% share of total exports. Moreover, ceramic household article exports to Egypt exceeded the volume sent to the second major destination, Turkey (X kg), fivefold. The third position in this ranking was taken by the UK (X kg), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Egypt totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and the UK (X% per year).

In value terms, the largest markets for ceramic household article exported from Libya were Egypt ($X), the UK ($X) and Turkey ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Egypt, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2023, the average ceramic household article export price amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price recorded a mild downturn. The most prominent rate of growth was recorded in 2015 an increase of X%. The export price peaked at $X per ton in 2016; however, from 2017 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Ghana ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced mixed trend patterns.

Ceramic Household Article Imports

Imports into Libya

In 2023, purchases abroad of ceramic household articles and toilet articles decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Overall, imports showed a noticeable curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2023, the growth of imports failed to regain momentum.

In value terms, ceramic household article imports contracted to $X in 2023. Over the period under review, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, China (X tons) constituted the largest ceramic household article supplier to Libya, with a X% share of total imports. Moreover, ceramic household article imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), tenfold. The third position in this ranking was taken by Portugal (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Portugal (X% per year).

In value terms, China ($X) constituted the largest supplier of ceramic household articles and toilet articles to Libya, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by Portugal, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Portugal (X% per year).

Import Prices by Country

In 2023, the average ceramic household article import price amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2015 an increase of X%. The import price peaked at $X per ton in 2022, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was China ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform