Libya: Market for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings in Libya

In 2022, after five years of growth, there was significant decline in the Libyan market for flexible tubes, pipes and hoses of plastics, without fittings, when its value decreased by -20.6% to $X. Overall, consumption saw a perceptible setback. Consumption of peaked at $X in 2021, and then fell rapidly in the following year.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

Exports from Libya

Exports of flexible tubes, pipes and hoses of plastics, without fittings from Libya soared to X tons in 2022, rising by 100% compared with the year before. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by 1,664%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, without fittings soared to $X in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 3,153%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Ireland (X kg), Georgia (X kg) and France (X kg) were the main destinations of exports of flexible tubes, pipes and hoses of plastics, without fittings from Libya, together comprising 92% of total exports. Turkey lagged somewhat behind, accounting for a further 8.1%.

From 2015 to 2022, the biggest increases were recorded for Turkey (with a CAGR of 0.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for flexible tubes, pipes and hoses of plastics, without fittings exported from Libya were Georgia ($X), Ireland ($X) and France ($X), together accounting for 99% of total exports. These countries were followed by Turkey, which accounted for a further 0.9%.

Turkey, with a CAGR of 0.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for flexible tubes, pipes and hoses of plastics, without fittings amounted to $X per ton, waning by -26.6% against the previous year. Over the period under review, the export price, however, posted a significant increase. The most prominent rate of growth was recorded in 2019 an increase of 84% against the previous year. The export price peaked at $X per ton in 2021, and then declined dramatically in the following year.

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

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

Imports into Libya

In 2022, after five years of growth, there was significant decline in supplies from abroad of flexible tubes, pipes and hoses of plastics, without fittings, when their volume decreased by -18.9% to X tons. Over the period under review, imports, however, posted a mild increase. The most prominent rate of growth was recorded in 2019 with an increase of 101%. Over the period under review, imports of attained the maximum at X tons in 2021, and then fell rapidly in the following year.

In value terms, imports of flexible tubes, pipes and hoses of plastics, without fittings shrank remarkably to $X in 2022. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2019 when imports increased by 150%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest flexible tubes, pipes and hoses of plastics, without fittings supplier to Libya, accounting for a 59% share of total imports. Moreover, imports of flexible tubes, pipes and hoses of plastics, without fittings from Italy exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. The third position in this ranking was taken by China (X tons), with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy totaled +14.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-4.7% per year) and China (+7.0% per year).

In value terms, Italy ($X) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, without fittings to Libya, comprising 46% of total imports. The second position in the ranking was held by Turkey ($X), with an 8.7% share of total imports. It was followed by China, with an 8.6% share.

From 2012 to 2022, the average annual growth rate of value from Italy stood at +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-17.8% per year) and China (-2.6% per year).

Import Prices by Country

In 2022, the average import price for flexible tubes, pipes and hoses of plastics, without fittings amounted to $X per ton, which is down by -4.4% against the previous year. Over the period under review, the import price saw a deep downturn. The growth pace was the most rapid in 2019 an increase of 25% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Egypt ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+23.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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