Report Update Nov 1, 2024

Libya - Crude Marble and Travertine - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Market for Marble And Travertine 2024

Market Size for Marble And Travertine in Libya

The Libyan marble and travertine crude market reduced modestly to $X in 2022, approximately equating the previous year. Overall, consumption saw a abrupt contraction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Marble And Travertine in Libya

In value terms, marble and travertine crude production dropped to $X in 2022 estimated in export price. In general, production continues to indicate a deep slump. The most prominent rate of growth was recorded in 2013 when the production volume increased by 13% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, crude production growth remained at a somewhat lower figure.

Exports of Marble And Travertine

Exports from Libya

After three years of decline, overseas shipments of marble and travertine increased by 48% to X tons in 2022. Overall, exports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of 669%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the crude exports failed to regain momentum.

In value terms, marble and travertine crude exports surged to $X in 2022. Over the period under review, exports showed a measured expansion. The most prominent rate of growth was recorded in 2018 with an increase of 763% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the crude exports remained at a lower figure.

Exports by Country

Italy (X tons) was the main destination for marble and travertine crude exports from Libya, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy stood at +6.1%.

In value terms, Italy ($X) also remains the key foreign market for marble and travertine exports from Libya.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy totaled +4.2%.

Export Prices by Country

In 2022, the average marble and travertine crude export price amounted to $X per ton, picking up by 12% against the previous year. Over the period under review, the export price, however, recorded a mild decline. The pace of growth appeared the most rapid in 2013 an increase of 49% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to -1.9% per year.

Imports of Marble And Travertine

Imports into Libya

After two years of decline, purchases abroad of marble and travertine increased by 165% to X tons in 2022. Overall, imports, however, showed a precipitous curtailment. The pace of growth appeared the most rapid in 2019 with an increase of 203%. Over the period under review, crude imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, marble and travertine crude imports surged to $X in 2022. In general, imports, however, faced a precipitous decrease. The pace of growth was the most pronounced in 2019 with an increase of 230% against the previous year. Over the period under review, crude imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Greece (X tons) constituted the largest supplier of marble and travertine crude to Libya, with a 52% share of total imports. Moreover, marble and travertine crude imports from Greece exceeded the figures recorded by the second-largest supplier, Morocco (X tons), threefold. The third position in this ranking was taken by Italy (X tons), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Greece totaled -19.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Morocco (-8.2% per year) and Italy (-40.4% per year).

In value terms, Italy ($X), Greece ($X) and North Macedonia ($X) appeared to be the largest marble and travertine crude suppliers to Libya, with a combined 67% share of total imports. Morocco, Turkey and Tunisia lagged somewhat behind, together accounting for a further 21%.

In terms of the main suppliers, Tunisia, with a CAGR of +0.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average marble and travertine crude import price amounted to $X per ton, declining by -8.7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 13% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.2%), 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 marble and travertine in the world?

China constituted the country with the largest volume of marble and travertine crude consumption, comprising approx. 17% of total volume. Moreover, marble and travertine crude consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by Turkey, with a 6.9% share.

What are the largest producers of marble and travertine in the world?

The countries with the highest volumes of marble and travertine crude production in 2021 were China, the United States and Turkey, with a combined 32% share of global production.

What are the leading suppliers of marble and travertine to Libya?

In value terms, the largest marble and travertine crude suppliers to Libya were Italy, Greece and North Macedonia, with a combined 63% share of total imports.

What is the average export price for marble and travertine in Libya?

The average marble and travertine crude export price stood at $100 per ton in 2018, declining by -6.4% against the previous year.

What is the average import price for marble and travertine in Libya?

In 2021, the average marble and travertine crude import price amounted to $118 per ton, surging by 3.3% against the previous year.

This report provides an in-depth analysis of the market for marble and travertine crude 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 08111133 - Marble and travertine, crude or roughly trimmed

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