Report Update Nov 1, 2024

Libya - Nitrogen - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Nitrogen Market 2024

Nitrogen Market Size in Libya

In 2021, after two years of decline, there was significant growth in the Libyan nitrogen market, when its value increased by 9.3% to $X. In general, consumption, however, saw a perceptible downturn. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Nitrogen Production in Libya

In value terms, nitrogen production expanded markedly to $X in 2021 estimated in export price. Overall, production, however, saw a perceptible descent. The pace of growth was the most pronounced in 2018 when the production volume increased by 34% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Nitrogen Exports

Exports from Libya

In 2017, approx. X cubic meters of nitrogen were exported from Libya; standing approx. at the previous year's figure. In general, exports saw a relatively flat trend pattern. Over the period under review, the exports reached the maximum in 2017 and are likely to see steady growth in the immediate term.

In value terms, nitrogen exports totaled $X in 2017. Over the period under review, exports saw a relatively flat trend pattern. The exports peaked in 2017 and are expected to retain growth in years to come.

Exports by Country

Algeria (X cubic meters) was the main destination for nitrogen exports from Libya, accounting for a 86% share of total exports. Moreover, nitrogen exports to Algeria exceeded the volume sent to the second major destination, Tunisia (X cubic meters), sixfold.

From 2016 to 2017, the average annual growth rate of volume to Algeria was relatively modest.

In value terms, Algeria ($X) emerged as the key foreign market for nitrogen exports from Libya, comprising 88% of total exports. The second position in the ranking was held by Tunisia ($X), with an 11% share of total exports.

From 2016 to 2017, the average annual rate of growth in terms of value to Algeria was relatively modest.

Export Prices by Country

In 2017, the average nitrogen export price amounted to $X per cubic meter, approximately mirroring the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum in 2017 and is expected to retain growth in the near future.

Average prices varied noticeably for the major external markets. In 2017, amid the top suppliers, the country with the highest price was Algeria ($X per cubic meter), while the average price for exports to Tunisia amounted to $X per cubic meter.

From 2016 to 2017, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (-16.6%).

Nitrogen Imports

Imports into Libya

In 2021, purchases abroad of nitrogen decreased by -82.7% to X cubic meters, falling for the second year in a row after two years of growth. Over the period under review, imports faced a significant decrease. The pace of growth appeared the most rapid in 2019 when imports increased by 1,904% against the previous year. Imports peaked at X cubic meters in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, nitrogen imports contracted rapidly to $X in 2021. In general, imports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2019 with an increase of 1,923%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Egypt (X cubic meters) constituted the largest supplier of nitrogen to Libya, accounting for a 67% share of total imports. Moreover, nitrogen imports from Egypt exceeded the figures recorded by the second-largest supplier, Tunisia (X cubic meters), threefold. The third position in this ranking was taken by the UK (X cubic meters), with a 3.5% share.

From 2012 to 2021, the average annual growth rate of volume from Egypt amounted to -15.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Tunisia (-30.9% per year) and the UK (+16.8% per year).

In value terms, the largest nitrogen suppliers to Libya were Egypt ($X), the UK ($X) and Tunisia ($X), together accounting for 81% of total imports.

In terms of the main suppliers, the UK, with a CAGR of +10.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average nitrogen import price amounted to $X per cubic meter, increasing by 65% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, nitrogen import price increased by +81.8% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per cubic meter), while the price for Germany ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tunisia (+2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nitrogen in the world?

China constituted the country with the largest volume of nitrogen consumption, comprising approx. 19% of total volume. Moreover, nitrogen consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 5.7% share.

What are the largest producers of nitrogen in the world?

China constituted the country with the largest volume of nitrogen production, accounting for 19% of total volume. Moreover, nitrogen production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 5.7% share.

What are the leading suppliers of nitrogen to Libya?

In value terms, Tunisia constituted the largest supplier of nitrogen to Libya, comprising 51% of total imports. The second position in the ranking was occupied by Egypt, with a 21% share of total imports.

What are the leading importers of nitrogen from Libya?

In value terms, Algeria emerged as the key foreign market for nitrogen exports from Libya, comprising 88% of total exports. The second position in the ranking was occupied by Tunisia, with an 11% share of total exports.

What is the average export price for nitrogen in Libya?

The average nitrogen export price stood at $0.3 per cubic meter in 2017, jumping by 20% against the previous year.

What is the average import price for nitrogen in Libya?

The average nitrogen import price stood at $0.3 per cubic meter in 2021, surging by 68% against the previous year.

This report provides an in-depth analysis of the nitrogen 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 20111160 - Nitrogen

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