Libya: Market for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings 2022

Market Size for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in Libya

The Libyan market for braids in the piece, tassels and pompons, ornamental trimmings declined slightly to $X in 2021, dropping by -X% against the previous year. Overall, consumption continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 when the market value increased by X%. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in Libya

In value terms, production of braids in the piece, tassels and pompons, ornamental trimmings reduced to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production of growth failed to regain momentum.

Exports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Exports from Libya

In 2021, exports of braids in the piece, tassels and pompons, ornamental trimmings from Libya stood at less than X kg, flattening at the previous year. In general, exports recorded a relatively flat trend pattern. Over the period under review, the exports of braids in piece, tassels and pompons, ornamental trimmings hit record highs at X kg in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, exports of braids in the piece, tassels and pompons, ornamental trimmings amounted to less than $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports of braids in piece, tassels and pompons, ornamental trimmings reached the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

India (X kg) was the main destination for exports of braids in the piece, tassels and pompons, ornamental trimmings from Libya, with a approx. X% share of total exports.

From 2012 to 2014, the average annual rate of growth in terms of volume to India was relatively modest.

From 2012 to 2014, the average annual rate of growth in terms of value to India was relatively modest.

Export Prices by Country

The average export price for braids in the piece, tassels and pompons, ornamental trimmings stood at $X per ton in 2014, approximately reflecting the previous year. In general, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum in 2014 and is likely to continue growth in the immediate term.

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

From 2012 to 2014, the rate of growth in terms of prices for India amounted to X% per year.

Imports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Imports into Libya

In 2021, approx. X tons of braids in the piece, tassels and pompons, ornamental trimmings were imported into Libya; growing by X% against the year before. Over the period under review, imports, however, showed a deep setback. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, imports of braids in the piece, tassels and pompons, ornamental trimmings surged to $X in 2021. In general, imports, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports of braids in piece, tassels and pompons, ornamental trimmings reached the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest braids, tassels, pompons and ornamental trimmings supplier to Libya, accounting for a X% share of total imports. Moreover, imports of braids in the piece, tassels and pompons, ornamental trimmings from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -X%.

In value terms, China ($X) constituted the largest supplier of braids, tassels, pompons and ornamental trimmings to Libya, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to -X%.

Import Prices by Country

The average import price for braids in the piece, tassels and pompons, ornamental trimmings stood at $X per ton in 2021, dropping by -X% against the previous year. In general, the import price saw a pronounced curtailment. The pace of growth was the most pronounced in 2013 when the average import price increased by X% 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 failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Turkey ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-X%).

Source: IndexBox Platform