Report Update Nov 1, 2024

Libya - Base Metal Closures, Stoppers, Caps and Lids - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Base Metal Closure Market 2024

Base Metal Closure Market Size in Libya

The Libyan base metal closure market surged to $X in 2021, with an increase of 72% 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, however, showed a slight slump. Base metal closure consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Base Metal Closure Exports

Exports from Libya

Base metal closure exports from Libya amounted to X kg in 2015, approximately reflecting the previous year's figure. In general, exports saw a relatively flat trend pattern. The smallest decline of 99.9% was in 2014. The exports peaked in 2015 and are expected to retain growth in the near future.

In value terms, base metal closure exports stood at $X in 2015. Overall, exports saw a dramatic setback. The smallest decline of -25% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2015, the exports failed to regain momentum.

Exports by Country

Serbia (X kg) was the main destination for base metal closure exports from Libya, accounting for a approx. 100% share of total exports.

From 2012 to 2015, the average annual rate of growth in terms of volume to Serbia was relatively modest.

From 2012 to 2015, the average annual growth rate of value to Serbia was relatively modest.

Export Prices by Country

The average base metal closure export price stood at $X per ton in 2015, almost unchanged from the previous year. Overall, the export price showed a dramatic descent. The most prominent rate of growth was recorded in 2013 a decrease of -25% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2015, the export prices remained at a lower figure.

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

From 2012 to 2015, the rate of growth in terms of prices for Serbia amounted to 0.0% per year.

Base Metal Closure Imports

Imports into Libya

In 2021, overseas purchases of base metal closures, stoppers, caps and lids were finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, recorded a mild decrease. The growth pace was the most rapid in 2018 with an increase of 201% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, base metal closure imports soared to $X in 2021. In general, imports, however, continue to indicate a slight descent. The growth pace was the most rapid in 2018 when imports increased by 99% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Turkey (X tons), Italy (X tons) and China (X tons) were the main suppliers of base metal closure imports to Libya, together accounting for 57% of total imports. The United Arab Emirates, Egypt, Saudi Arabia and Spain lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of +24.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Egypt ($X) and the United Arab Emirates ($X) appeared to be the largest base metal closure suppliers to Libya, with a combined 57% share of total imports.

In terms of the main suppliers, Egypt, with a CAGR of +24.5%, saw the highest growth rate of 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 base metal closure import price stood at $X per ton in 2021, waning by -2.7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 34% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Saudi Arabia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for base metal closures, stoppers, caps and lids in the world?

The countries with the highest volumes of base metal closure consumption in 2020 were China, the United States and India, together accounting for 43% of global consumption. Japan, Russia, Brazil, Indonesia, Mexico, Spain, Italy, France, South Korea and the UK lagged somewhat behind, together comprising a further 30%.

What are the largest producers of base metal closures, stoppers, caps and lids in the world?

The country with the largest volume of base metal closure production was China, comprising approx. 25% of total volume. Moreover, base metal closure production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 9% share.

What are the leading suppliers of base metal closures, stoppers, caps and lids to Libya?

In value terms, Turkey, Egypt and Italy appeared to be the largest base metal closure suppliers to Libya, together comprising 83% of total imports.

What is the average export price for base metal closures, stoppers, caps and lids in Libya?

In 2015, the average base metal closure export price amounted to $2,000 per ton, remaining constant against the previous year.

What is the average import price for base metal closures, stoppers, caps and lids in Libya?

The average base metal closure import price stood at $3,336 per ton in 2020, reducing by -26.8% against the previous year.

This report provides an in-depth analysis of the base metal closure 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.

Product coverage:

Prodcom 25921370 - Base metal closures, stoppers, caps and lids (excluding of lead, crown corks, aluminium closures, stoppers, caps and lids of a diameter > .21 mm)

Country coverage:

Libya

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Libya
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023