
Libya - Tyre Cord Fabric of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Libya: Tyre Cord Fabric Market 2022
Tyre Cord Fabric Market Size in Libya
In 2021, the Libyan tyre cord fabric market decreased by -5.8% to $X for the first time since 2013, thus ending a seven-year rising trend. In general, consumption, however, posted a significant increase. Tyre cord fabric consumption peaked at $X in 2020, and then shrank in the following year.
Tyre Cord Fabric Imports
Imports into Libya
After seven years of growth, supplies from abroad of tyre cord fabric of high tenacity yarn decreased by -5.1% to X tons in 2021. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 178% against the previous year. Over the period under review, imports attained the maximum at X tons in 2020, and then dropped in the following year.
In value terms, tyre cord fabric imports contracted to $X in 2021. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 122%. Over the period under review, imports attained the maximum at $X in 2020, and then contracted in the following year.
Imports by Country
In 2021, Turkey (X tons) was the main tyre cord fabric supplier to Libya, accounting for a approx. 100% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey totaled +26.8%.
In value terms, Turkey ($X) constituted the largest supplier of tyre cord fabric to Libya.
From 2012 to 2021, the average annual growth rate of value from Turkey stood at +25.6%.
Import Prices by Country
The average tyre cord fabric import price stood at $X per ton in 2021, dropping by -1.8% against the previous year. In general, the import price saw a mild decrease. The growth pace was the most rapid in 2013 an increase of 97% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to -1.0% per year.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the tyre cord fabric 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
Recommended reports
This report provides an in-depth analysis of the global tyre cord fabric market.
This report provides an in-depth analysis of the tyre cord fabric market in the EU.
This report provides an in-depth analysis of the tyre cord fabric market in Asia.
This report provides an in-depth analysis of the tyre cord fabric market in the U.S..
This report provides an in-depth analysis of the tyre cord fabric market in China.
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 22nd, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 8th, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, January 25th, 2022 @ 04:00 pm ET