Report Update Nov 1, 2024

Libya - Iron Oxides and Hydroxides - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Iron Oxide Pigment Market 2024

Iron Oxide Pigment Market Size in Libya

After four years of growth, the Libyan iron oxide pigment market decreased by -7% to $X in 2021. Overall, consumption enjoyed a temperate increase. Over the period under review, the market reached the peak level at $X in 2020, and then dropped in the following year.

Iron Oxide Pigment Production in Libya

In value terms, iron oxide pigment production dropped to $X in 2021 estimated in export price. Overall, production, however, continues to indicate notable growth. The pace of growth appeared the most rapid in 2019 when the production volume increased by 42% against the previous year. Iron oxide pigment production peaked at $X in 2020, and then reduced in the following year.

Iron Oxide Pigment Exports

Exports from Libya

In 2014, exports of iron oxide pigments from Libya was estimated at X kg, remaining stable against the previous year's figure. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports attained the maximum in 2014 and are likely to continue growth in years to come.

In value terms, iron oxide pigment exports totaled $X in 2014. Overall, exports showed a relatively flat trend pattern. The exports peaked in 2014 and are expected to retain growth in years to come.

Exports by Country

China (X kg) was the main destination for iron oxide pigment exports from Libya, with a approx. 100% share of total exports.

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

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

Iron Oxide Pigment Imports

Imports into Libya

In 2021, imports of iron oxide pigments into Libya skyrocketed to X tons, with an increase of 107% against the previous year's figure. Overall, imports posted a notable expansion. The pace of growth appeared the most rapid in 2019 with an increase of 676% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, iron oxide pigment imports surged to $X in 2021. In general, imports posted modest growth. The most prominent rate of growth was recorded in 2019 when imports increased by 310% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Egypt (X tons) constituted the largest supplier of iron oxide pigment to Libya, with a 90% share of total imports. Moreover, iron oxide pigment imports from Egypt exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Egypt amounted to +13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-14.4% per year) and Turkey (+36.3% per year).

In value terms, Egypt ($X) constituted the largest supplier of iron oxide pigments to Libya, comprising 87% of total imports. The second position in the ranking was held by China ($X), with a 6.4% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Egypt totaled +19.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-22.1% per year) and Turkey (+33.6% per year).

Import Prices by Country

The average iron oxide pigment import price stood at $X per ton in 2021, falling by -8.6% against the previous year. In general, the import price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 135% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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 Turkey ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+5.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron oxides and hydroxides in the world?

The countries with the highest volumes of iron oxide pigments consumption in 2020 were China, Germany and the United States, with a combined 43% share of global consumption. India, Mexico, Japan, Chile, Taiwan Chinese), Russia, Italy, France, Brazil and Poland lagged somewhat behind, together comprising a further 31%.

What are the largest producers of iron oxides and hydroxides in the world?

The countries with the highest volumes of iron oxide pigments production in 2020 were China, Germany and India, with a combined 57% share of global production. These countries were followed by Japan, Brazil, Chile, South Korea, Taiwan Chinese), France, Italy, Mauritania, Austria and Belgium, which together accounted for a further 30%.

What are the leading suppliers of iron oxides and hydroxides to Libya?

In value terms, China constituted the largest supplier of iron oxide pigments to Libya, comprising 90% of total imports. The second position in the ranking was occupied by Belgium, with a 5% share of total imports.

What is the average export price for iron oxides and hydroxides in Libya?

The average iron oxide pigments export price stood at $8,100 per ton in 2014, remaining constant against the previous year.

What is the average import price for iron oxides and hydroxides in Libya?

The average iron oxide pigments import price stood at $835 per ton in 2020, with an increase of 37% against the previous year.

This report provides an in-depth analysis of the iron oxide pigment 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 20121910 - Iron oxides and hydroxides, earth colours containing .70 % or more by weight of combined iron evaluated as Fe2O3

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