
Libya - Propellant Powders - Market Analysis, Forecast, Size, Trends and Insights
Libya: Propellant Powders Market 2023
Propellant Powders Market Size in Libya
The Libyan propellant powders market shrank slightly to $X in 2021, with a decrease of -4.5% against the previous year. Overall, consumption recorded a deep reduction. The pace of growth appeared the most rapid in 2020 when the market value increased by 9.9% against the previous year. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.
Propellant Powders Production in Libya
In value terms, propellant powders production declined modestly to $X in 2021 estimated in export price. Over the period under review, production showed a abrupt downturn. The pace of growth was the most pronounced in 2020 when the production volume increased by 11%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.
Propellant Powders Exports
Exports from Libya
In 2021, approx. less than X kg of propellant powders were exported from Libya; therefore, remained relatively stable against the previous year's figure. Overall, exports saw a relatively flat trend pattern.
In value terms, propellant powders exports totaled less than $X in 2021. Over the period under review, exports showed a relatively flat trend pattern.
Propellant Powders Imports
Imports into Libya
In 2014, after two years of growth, there was significant decline in purchases abroad of propellant powders, when their volume decreased by -73.5% to X kg. Overall, imports showed a precipitous slump. The most prominent rate of growth was recorded in 2013 with an increase of 50%. As a result, imports attained the peak of X kg, and then shrank dramatically in the following year.
In value terms, propellant powders imports contracted sharply to $X in 2014. Over the period under review, imports showed a dramatic decrease. The growth pace was the most rapid in 2013 when imports increased by 59% against the previous year. As a result, imports reached the peak of $X, and then dropped sharply in the following year.
Imports by Country
In 2014, South Africa (X kg) was the main supplier of propellant powders to Libya, accounting for a approx. 100% share of total imports.
From 2012 to 2014, the average annual rate of growth in terms of volume from South Africa stood at -37.1%.
In value terms, South Africa ($X) constituted the largest supplier of propellant powders to Libya.
From 2012 to 2014, the average annual growth rate of value from South Africa amounted to -31.3%.
Import Prices by Country
In 2014, the average propellant powders import price amounted to $X per ton, surging by 12% against the previous year. Over the period from 2012 to 2014, it increased at an average annual rate of +9.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for South Africa.
From 2012 to 2014, the rate of growth in terms of prices for South Africa amounted to +9.2% per year.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the propellant powders market in Libya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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