Report Update Nov 1, 2024

Libya - Caustic Soda - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Caustic Soda Market 2024

Caustic Soda Market Size in Libya

In 2021, the Libyan caustic soda market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption saw modest growth. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Caustic Soda Exports

Exports from Libya

In 2021, overseas shipments of caustic soda increased by 5.1% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, faced a abrupt slump. The most prominent rate of growth was recorded in 2018 when exports increased by 17% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, caustic soda exports expanded significantly to $X in 2021. In general, exports, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of 44% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Tunisia (X tons) was the main destination for caustic soda exports from Libya, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Tunisia totaled -16.7%.

In value terms, Tunisia ($X) also remains the key foreign market for caustic soda exports from Libya.

From 2012 to 2021, the average annual growth rate of value to Tunisia totaled -18.6%.

Export Prices by Country

In 2021, the average caustic soda export price amounted to $X per ton, surging by 7.1% against the previous year. Over the period under review, the export price, however, showed a perceptible reduction. The growth pace was the most rapid in 2018 an increase of 23%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, 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 Tunisia.

From 2012 to 2021, the rate of growth in terms of prices for Tunisia amounted to -2.4% per year.

Caustic Soda Imports

Imports into Libya

In 2021, supplies from abroad of caustic soda increased by 33% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports recorded a modest expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 90% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, caustic soda imports totaled $X in 2021. In general, imports, however, showed a pronounced curtailment. The growth pace was the most rapid in 2018 with an increase of 142%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Egypt (X tons), Turkey (X tons) and Ukraine (X tons) were the main suppliers of caustic soda imports to Libya, together comprising 78% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (with a CAGR of +7,118.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), Turkey ($X) and Ukraine ($X) were the largest caustic soda suppliers to Libya, with a combined 74% share of total imports.

Ukraine, with a CAGR of +1,537.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average caustic soda import price amounted to $X per ton, declining by -15.2% against the previous year. Over the period under review, the import price saw a abrupt setback. The growth pace was the most rapid in 2018 an increase of 28% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tunisia (-0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for caustic soda in the world?

The countries with the highest volumes of in 2021 were the United States, China and India, together accounting for 47% of global consumption. These countries were followed by Brazil, South Korea, Germany, Indonesia, the UK, Japan, Egypt and Taiwan Chinese), which together accounted for a further 25%.

What are the largest producers of caustic soda in the world?

The countries with the highest volumes of in 2021 were the United States, China and India, together comprising 56% of global production. South Korea, Japan, Germany, Indonesia, Brazil, the UK, Russia, Egypt, Belgium and Iran lagged somewhat behind, together accounting for a further 28%.

What are the leading suppliers of caustic soda to Libya?

In value terms, Egypt, Turkey and Ukraine appeared to be the largest caustic soda suppliers to Libya, with a combined 88% share of total imports.

What are the leading importers of caustic soda from Libya?

In value terms, Tunisia remains the key foreign market for caustic soda exports from Libya.

What is the average export price for caustic soda in Libya?

In 2021, the average caustic soda export price amounted to $280 per ton, growing by 7.1% against the previous year.

What is the average import price for caustic soda in Libya?

The average caustic soda import price stood at $317 per ton in 2021, with a decrease of -14.5% against the previous year.

This report provides an in-depth analysis of the caustic soda 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 20132525 - Sodium hydroxide (caustic soda), solid
Prodcom 20132527 - Sodium hydroxide in aqueous solution (soda lye or liquid soda)

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