Report Update Nov 1, 2024

Libya - Leather of Bovine and Equine Animals - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Market for Leather of Bovine and Equine Animals 2024

Market Size for Leather of Bovine and Equine Animals in Libya

The Libyan bovine and equine leather market shrank to $X in 2021, which is down by -2.5% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Production of Leather of Bovine and Equine Animals in Libya

In value terms, bovine and equine leather production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 32% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Exports of Leather of Bovine and Equine Animals

Exports from Libya

In 2018, exports of leather of bovine and equine animals from Libya skyrocketed to X tons, growing by 17% against 2017 figures. In general, exports, however, continue to indicate a abrupt contraction. The exports peaked at X tons in 2013; however, from 2014 to 2018, the exports failed to regain momentum.

In value terms, bovine and equine leather exports fell dramatically to $X in 2018. Over the period under review, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 when exports increased by 182% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2018, the exports failed to regain momentum.

Exports by Country

Tunisia (X tons) was the main destination for bovine and equine leather exports from Libya, with a approx. 100% share of total exports.

From 2013 to 2018, the average annual rate of growth in terms of volume to Tunisia amounted to +13.8%.

In value terms, Tunisia ($X) emerged as the key foreign market for leather of bovine and equine animals exports from Libya.

From 2013 to 2018, the average annual rate of growth in terms of value to Tunisia totaled +70.1%.

Export Prices by Country

The average bovine and equine leather export price stood at $X per ton in 2018, reducing by -31.1% against the previous year. Overall, the export price, however, showed buoyant growth. The growth pace was the most rapid in 2016 when the average export price increased by 172%. The export price peaked at $X per ton in 2017, and then shrank dramatically in the following year.

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

From 2013 to 2018, the rate of growth in terms of prices for Ukraine amounted to +174.3% per year.

Imports of Leather of Bovine and Equine Animals

Imports into Libya

For the seventh consecutive year, Libya recorded growth in supplies from abroad of leather of bovine and equine animals, which increased by 77% to X tons in 2021. Over the period under review, imports enjoyed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, bovine and equine leather imports rose rapidly to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of bovine and equine leather to Libya, with a 56% share of total imports. Moreover, bovine and equine leather imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X tons), threefold. The third position in this ranking was held by Italy (X kg), with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (0.0% per year) and Italy (+4.2% per year).

In value terms, China ($X) constituted the largest supplier of leather of bovine and equine animals to Libya, comprising 80% of total imports. The second position in the ranking was taken by Italy ($X), with a 9.1% share of total imports. It was followed by Portugal, with a 4.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-12.2% per year) and Portugal (0.0% per year).

Import Prices by Country

The average bovine and equine leather import price stood at $X per ton in 2021, which is down by -36.6% against the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2013 an increase of 4.2% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average 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 Italy ($X per ton), while the price for Portugal ($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 (+1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for leather of bovine and equine animals in the world?

The countries with the highest volumes of bovine and equine leather consumption in 2020 were Italy, China and Turkey, with a combined 33% share of global consumption.

What are the largest producers of leather of bovine and equine animals in the world?

The countries with the highest volumes of bovine and equine leather production in 2020 were Brazil, Italy and the United States, together accounting for 32% of global production. These countries were followed by Turkey, India, Argentina, China, Russia, Pakistan, Germany, Bangladesh, Nigeria and South Korea, which together accounted for a further 34%.

What are the leading suppliers of leather of bovine and equine animals to Libya?

In value terms, Italy constituted the largest supplier of bovine and equine leather to Libya.

What are the leading importers of leather of bovine and equine animals from Libya?

In value terms, Ukraine remains the key foreign market for bovine and equine leather exports from Libya, comprising 98% of total exports. The second position in the ranking was occupied by Tunisia, with a 2.2% share of total exports.

What is the average export price for leather of bovine and equine animals in Libya?

The average bovine and equine leather export price stood at $5,309 per ton in 2020, shrinking by -42.5% against the previous year.

What is the average import price for leather of bovine and equine animals in Libya?

The average bovine and equine leather import price stood at $7,522 per ton in 2020, with an increase of 4.9% against the previous year.

This report provides an in-depth analysis of the market for bovine and equine leather 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 15113100 - Leather, of bovine animals, without hair, whole
Prodcom 15113200 - Leather, of bovine animals, without hair, not whole
Prodcom 15113300 - Leather, of equine animals, without hair

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