Libya: Market for Footwear with Uppers of Textile Materials 2023

Market Size for Footwear with Uppers of Textile Materials in Libya

The Libyan market for footwear with uppers of textile materials surged to $X in 2021, growing by 75% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a buoyant expansion. Over the period under review, the market reached the maximum level in 2021 and is likely to see gradual growth in the immediate term.

Exports of Footwear with Uppers of Textile Materials

Exports from Libya

In 2021, shipments abroad of footwear with uppers of textile materials decreased by 0% to X kg, falling for the third consecutive year after three years of decline. Overall, exports saw a precipitous slump. The smallest decline of -30.6% was in 2019. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, exports of footwear with uppers of textile materials totaled $X in 2021. Over the period under review, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2018 when exports increased by 18,192% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Portugal (X kg) was the main destination for exports of footwear with uppers of textile materials from Libya, with a 85% share of total exports. Moreover, exports of footwear with uppers of textile materials to Portugal exceeded the volume sent to the second major destination, Canada (X kg), sevenfold.

From 2013 to 2021, the average annual growth rate of volume to Portugal was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (0.0% per year) and Malta (0.0% per year).

From 2013 to 2021, the average annual rate of growth in terms of value to Portugal was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (0.0% per year) and Malta (0.0% per year).

Export Prices by Country

The average export price for footwear with uppers of textile materials stood at $X per ton in 2021, standing approx. at the previous year. Overall, the export price showed buoyant growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 62%. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Malta ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Finland (-48.9%).

Imports of Footwear with Uppers of Textile Materials

Imports into Libya

Imports of footwear with uppers of textile materials into Libya surged to X tons in 2021, with an increase of 84% against 2020 figures. Over the period under review, imports saw resilient growth. The pace of growth appeared the most rapid in 2019 when imports increased by 142% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of footwear with uppers of textile materials soared to $X in 2021. Overall, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -15.2% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 71%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Turkey (X tons), China (X tons) and the United Arab Emirates (X tons) were the main suppliers of imports of footwear with uppers of textile materials to Libya, with a combined 97% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +37.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of footwear with uppers of textile materials to Libya, comprising 56% of total imports. The second position in the ranking was taken by Turkey ($X), with a 27% share of total imports. It was followed by Italy, with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+23.8% per year) and Italy (-10.7% per year).

Import Prices by Country

In 2021, the average import price for footwear with uppers of textile materials amounted to $X per ton, waning by -16.9% against the previous year. In general, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 71% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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