
Libya - Silk Yarn - Market Analysis, Forecast, Size, Trends and Insights
Libya: Silk Yarn Market 2021
Silk Yarn Market Size in Libya
In 2019, the Libyan silk yarn market decreased by -X% to $X for the first time since 2016, thus ending a two-year rising trend. Overall, the total consumption indicated measured growth from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.
Silk Yarn Production in Libya
In value terms, silk yarn production fell modestly to $X in 2019 estimated in export prices. Overall, the total production indicated a remarkable increase from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% against the previous year. Silk yarn production peaked at $X in 2013; however, from 2014 to 2019, production remained at a lower figure.
Silk Yarn Imports
Imports into Libya
In 2019, supplies from abroad of silk yarn increased by X% to X tons, rising for the third consecutive year after three years of decline. Over the period under review, imports posted a buoyant expansion. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Imports peaked in 2019 and are likely to continue growth in the immediate term.
In value terms, silk yarn imports skyrocketed to $X in 2019. Overall, imports enjoyed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
China (X tons) and Italy (X tons) were the main suppliers of silk yarn imports to Libya.
From 2007 to 2019, the biggest increases were in Italy.
In value terms, China ($X) and Italy ($X) constituted the largest silk yarn suppliers to Libya.
Among the main suppliers, Italy saw the highest rates of growth with regard to the value of imports, over the period under review.
Import Prices by Country
In 2019, the average silk yarn import price amounted to $X per ton, increasing by X% against the previous year. In general, the import price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2009 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2019, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was Italy ($X per ton), while the price for China stood at $X per ton.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the silk yarn 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 2025.
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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