Libya: Ceramic Household Article Market 2024

Ceramic Household Article Market Size in Libya

The Libyan ceramic household article market surged to $X in 2021, jumping by 41% 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). Over the period under review, consumption showed a measured expansion. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Ceramic Household Article Exports

Exports from Libya

In 2021, the amount of ceramic household articles and toilet articles exported from Libya plummeted to X kg, shrinking by -72.9% compared with the previous year. Overall, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2019 with an increase of 1,648%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, ceramic household article exports fell dramatically to $X in 2021. In general, exports faced a abrupt curtailment. The growth pace was the most rapid in 2019 when exports increased by 2,068% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Senegal (X kg), Turkey (X kg) and Egypt (X kg) were the main destinations of ceramic household article exports from Libya.

From 2012 to 2021, the biggest increases were recorded for Egypt (with a CAGR of +18.8%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Senegal ($X) emerged as the key foreign market for ceramic household articles and toilet articles exports from Libya, comprising 71% of total exports. The second position in the ranking was taken by Turkey ($X), with a 17% share of total exports. It was followed by Egypt, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Senegal was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-31.8% per year) and Egypt (+14.2% per year).

Export Prices by Country

In 2021, the average ceramic household article export price amounted to $X per ton, declining by -26.5% against the previous year. Overall, the export price, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 83%. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (-3.9%), while the prices for the other major destinations experienced a decline.

Ceramic Household Article Imports

Imports into Libya

In 2021, the amount of ceramic household articles and toilet articles imported into Libya skyrocketed to X tons, picking up by 24% against the previous year. Over the period under review, imports, however, recorded a perceptible decrease. The growth pace was the most rapid in 2019 when imports increased by 110% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, ceramic household article imports surged to $X in 2021. In general, imports continue to indicate a prominent expansion. The growth pace was the most rapid in 2019 when imports increased by 98% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of ceramic household article to Libya, with a 84% share of total imports. Moreover, ceramic household article imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+17.0% per year) and the United Arab Emirates (-17.3% per year).

In value terms, China ($X) constituted the largest supplier of ceramic household articles and toilet articles to Libya, comprising 91% of total imports. The second position in the ranking was taken by Turkey ($X), with a 6.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +11.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+17.4% per year) and the United Arab Emirates (-13.9% per year).

Import Prices by Country

The average ceramic household article import price stood at $X per ton in 2021, picking up by 20% against the previous year. In general, the import price recorded a buoyant increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 75% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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