Libya: Plaits And Basketwork Market 2024

Plaits And Basketwork Market Size in Libya

The Libyan plaits and basketwork market contracted to $X in 2022, dropping by X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Plaits And Basketwork Production in Libya

In value terms, plaits and basketwork production contracted modestly to $X in 2022 estimated in export price. Overall, the total production indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Plaits And Basketwork Exports

Exports from Libya

After six years of decline, shipments abroad of plaits, basketwork, wickerwork and similar products of plaiting materials decreased by X% to X kg in 2022. In general, exports faced a dramatic shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, plaits and basketwork exports rose notably to $X in 2022. Over the period under review, exports recorded a precipitous descent. The pace of growth was the most pronounced in 2015 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Niger (X kg) was the main destination for plaits and basketwork exports from Libya, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Niger totaled X%.

In value terms, Niger ($X) also remains the key foreign market for plaits, basketwork, wickerwork and similar products of plaiting materials exports from Libya.

From 2012 to 2022, the average annual growth rate of value to Niger amounted to X%.

Export Prices by Country

In 2022, the average plaits and basketwork export price amounted to $X per ton, rising by X% against the previous year. In general, the export price showed a remarkable increase. The most prominent rate of growth was recorded in 2019 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Niger amounted to X% per year.

Plaits And Basketwork Imports

Imports into Libya

In 2022, plaits and basketwork imports into Libya fell significantly to X tons, shrinking by X% on the previous year. In general, imports continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, plaits and basketwork imports fell dramatically to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Egypt (X tons), China (X tons) and Turkey (X tons) were the main suppliers of plaits and basketwork imports to Libya, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Turkey ($X) and Cambodia ($X) constituted the largest plaits and basketwork suppliers to Libya, with a combined X% share of total imports. Egypt, Taiwan (Chinese), Tunisia and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Egypt, with a CAGR of X%, saw the highest rates of growth with regard to 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 average plaits and basketwork import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plaits and basketwork import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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