Libya: Particle Board Market 2022

Particle Board Market Size in Libya

The Libyan particle board market skyrocketed to $X in 2021, increasing by X% 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). Overall, consumption posted a notable expansion. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Particle Board Exports

Exports from Libya

In 2021, shipments abroad of particle boards decreased by X% to less than X cubic meters for the first time since 2018, thus ending a two-year declining trend. In general, exports saw a relatively flat trend pattern. The exports peaked at X cubic meters in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, particle board exports amounted to less than $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Serbia (X cubic meters) was the main destination for particle board exports from Libya, accounting for a approx. X% share of total exports.

From 2012 to 2018, the average annual rate of growth in terms of volume to Serbia was relatively modest.

From 2012 to 2018, the average annual rate of growth in terms of value to Serbia was relatively modest.

Export Prices by Country

The average particle board export price stood at $X per cubic meter in 2018, remaining relatively unchanged against the previous year. In general, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure in 2018 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Serbia.

From 2012 to 2018, the rate of growth in terms of prices for Serbia amounted to X% per year.

Particle Board Imports

Imports into Libya

Particle board imports into Libya skyrocketed to X cubic meters in 2021, rising by X% against the year before. In general, imports saw a noticeable increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X cubic meters. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, particle board imports soared to $X in 2021. Overall, imports continue to indicate mild growth. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X cubic meters) constituted the largest supplier of particle board to Libya, accounting for a X% share of total imports. Moreover, particle board imports from Turkey exceeded the figures recorded by the second-largest supplier, Greece (X cubic meters), sixfold. Italy (X cubic meters) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (-X% per year) and Italy (+X% per year).

In value terms, Turkey ($X) constituted the largest supplier of particle board to Libya, comprising X% of total imports. The second position in the ranking was held by Greece ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Turkey stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (-X% per year) and Italy (+X% per year).

Import Prices by Country

The average particle board import price stood at $X per cubic meter in 2021, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per cubic meter. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Romania ($X per cubic meter), while the price for Greece ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform