Report Update Nov 1, 2024

Libya - Mixtures of Odoriferous Substances and Their Preparations - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Odoriferous Substance Mixture Market 2024

Odoriferous Substance Mixture Market Size in Libya

The Libyan odoriferous substance mixture market fell sharply to $X in 2022, with a decrease of -34.5% 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, however, saw resilient growth. As a result, consumption reached the peak level of $X, and then declined sharply in the following year.

Odoriferous Substance Mixture Exports

Exports from Libya

In 2022, shipments abroad of mixtures of odoriferous substances and their preparations decreased by -0.6% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by 1,277% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, odoriferous substance mixture exports contracted slightly to $X in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 1,356% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for odoriferous substance mixture 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 the United Arab Emirates stood at +35.5%.

In value terms, the United Arab Emirates ($X) also remains the key foreign market for mixtures of odoriferous substances and their preparations exports from Libya.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates stood at +46.6%.

Export Prices by Country

The average odoriferous substance mixture export price stood at $X per ton in 2022, waning by -3.4% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, odoriferous substance mixture export price increased by +19.3% against 2018 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then dropped in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +34.4% per year.

Odoriferous Substance Mixture Imports

Imports into Libya

Odoriferous substance mixture imports into Libya shrank sharply to X tons in 2022, reducing by -35.7% on 2021 figures. Over the period under review, imports, however, posted resilient growth. The pace of growth was the most pronounced in 2021 with an increase of 210% against the previous year. As a result, imports attained the peak of X tons, and then shrank notably in the following year.

In value terms, odoriferous substance mixture imports reduced sharply to $X in 2022. In general, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 199% against the previous year. As a result, imports reached the peak of $X, and then fell notably in the following year.

Imports by Country

Tunisia (X tons), Turkey (X tons) and Ireland (X tons) were the main suppliers of odoriferous substance mixture imports to Libya, together comprising 53% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +50.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X) constituted the largest supplier of mixtures of odoriferous substances and their preparations to Libya, comprising 53% of total imports. The second position in the ranking was taken by Turkey ($X), with an 8.9% share of total imports. It was followed by Tunisia, with an 8.1% share.

From 2012 to 2022, the average annual growth rate of value from Ireland totaled +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+43.4% per year) and Tunisia (+11.9% per year).

Import Prices by Country

In 2022, the average odoriferous substance mixture import price amounted to $X per ton, growing by 3.8% against the previous year. Overall, the import price, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 13% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($X per ton), while the price for Tunisia ($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 (+1.0%), 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 mixtures of odoriferous substances and their preparations in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 40% share of global consumption. These countries were followed by the UK, Indonesia, Mexico, Japan, Germany, France, Brazil, Belgium, Italy and Spain, which together accounted for a further 31%.

What are the largest producers of mixtures of odoriferous substances and their preparations in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 46% share of global production. Ireland, Germany, Indonesia, Singapore, the UK, Switzerland, Brazil, France, Japan and Spain lagged somewhat behind, together accounting for a further 38%.

What are the leading suppliers of mixtures of odoriferous substances and their preparations to Libya?

In value terms, Cyprus constituted the largest supplier of odoriferous substance mixture to Libya, comprising 69% of total imports. The second position in the ranking was occupied by Ireland, with a 22% share of total imports. It was followed by Egypt, with a 1.5% share.

What are the leading importers of mixtures of odoriferous substances and their preparations from Libya?

In value terms, the largest markets for odoriferous substance mixture exported from Libya were Canada and Kenya.

What is the average export price for mixtures of odoriferous substances and their preparations in Libya?

The average odoriferous substance mixture export price stood at $7,091 per ton in 2021, almost unchanged from the previous year.

What is the average import price for mixtures of odoriferous substances and their preparations in Libya?

The average odoriferous substance mixture import price stood at $23,763 per ton in 2021, jumping by 32% against the previous year.

This report provides an in-depth analysis of the odoriferous substance mixture 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 20531075 - Mixtures of odoriferous substances of a kind used in the food or drink industries
Prodcom 20531079 - Mixtures of odoriferous substances (excluding those of a kind used in the food or drink industries)

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:

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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
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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