Libya: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Libya

The Libyan market for self-adhesive plastic tape in rolls of a width under Xcm stood at $X in 2022, with an increase of 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). In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Libya

In 2021, shipments abroad of self-adhesive plastic tape in rolls of a width under Xcm increased by X% to X kg, rising for the fourth consecutive year after three years of decline. Over the period under review, exports, however, faced a significant contraction. The exports peaked at X kg in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, exports of self-adhesive plastic tape in rolls of a width under Xcm rose remarkably to $X in 2021. Overall, exports, however, continue to indicate a sharp shrinkage. Over the period under review, the exports of reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X kg) was the main destination for exports of self-adhesive plastic tape in rolls of a width under Xcm from Libya, accounting for a X% share of total exports. Moreover, exports of self-adhesive plastic tape in rolls of a width under Xcm to the United Arab Emirates exceeded the volume sent to the second major destination, Congo (X kg), more than tenfold.

From 2014 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest.

In value terms, Congo ($X) emerged as the key foreign market for self-adhesive plastic tape in rolls of a width under Xcm exports from Libya, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports.

From 2014 to 2021, the average annual growth rate of value to Congo was relatively modest.

Export Prices by Country

The average export price for self-adhesive plastic tape in rolls of a width under Xcm stood at $X per ton in 2021, surging by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Congo ($X per ton), while the average price for exports to the United Arab Emirates amounted to $X per ton.

From 2014 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Libya

In 2022, purchases abroad of self-adhesive plastic tape in rolls of a width under Xcm was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a mild contraction. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of self-adhesive plastic tape in rolls of a width under Xcm dropped to $X in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of self-adhesive plastic tape in rolls of a width under Xcm to Libya, accounting for a X% share of total imports. Moreover, imports of self-adhesive plastic tape in rolls of a width under Xcm from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. Turkey (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Turkey (X% per year).

In value terms, China ($X) constituted the largest supplier of self-adhesive plastic tape in rolls of a width under Xcm to Libya, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2022, the average import price for self-adhesive plastic tape in rolls of a width under Xcm amounted to $X per ton, which is down by X% against the previous year. In general, import price indicated notable growth 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, import price for self-adhesive plastic tape in rolls of a width under Xcm increased by X% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Tunisia ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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