Libya: Market for Organic Surface Active Agents 2024

Market Size for Organic Surface Active Agents in Libya

In 2021, the Libyan organic surface active agent market was finally on the rise to reach $X after two years of decline. Over the period under review, the total consumption indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level in 2021 and is likely to see steady growth in the immediate term.

Exports of Organic Surface Active Agents

Exports from Libya

In 2021, the amount of organic surface active agents exported from Libya totaled X tons, flattening at 2020 figures. Over the period under review, exports continue to indicate a significant expansion. The smallest decline of -96.4% was in 2015. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, organic surface active agent exports amounted to $X in 2021. Overall, exports saw a significant increase. The smallest decline of -96.8% was in 2015. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

The United Arab Emirates (X tons) was the main destination for organic surface active agent exports from Libya, with a 85% share of total exports. Moreover, organic surface active agent exports to the United Arab Emirates exceeded the volume sent to the second major destination, Turkey (X tons), sixfold.

From 2014 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest.

In value terms, the largest markets for organic surface active agent exported from Libya were the United Arab Emirates ($X) and Turkey ($X).

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of 0.0%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2021, the average organic surface active agent export price amounted to $X per ton, standing approx. at the previous year. Overall, the export price continues to indicate a precipitous setback. The pace of growth appeared the most rapid in 2015 when the average export price decreased by -13.5%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

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

From 2014 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (0.0%).

Imports of Organic Surface Active Agents

Imports into Libya

In 2021, overseas purchases of organic surface active agents were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, total imports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when imports increased by 50% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, organic surface active agent imports soared to $X in 2021. Overall, imports enjoyed temperate growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Egypt (X tons) constituted the largest supplier of organic surface active agent to Libya, with a 43% share of total imports. Moreover, organic surface active agent imports from Egypt exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. The third position in this ranking was taken by the United Arab Emirates (X tons), with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Egypt stood at +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.0% per year) and the United Arab Emirates (+3.6% per year).

In value terms, Egypt ($X) constituted the largest supplier of organic surface active agents to Libya, comprising 46% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with an 11% share of total imports. It was followed by China, with a 6.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Egypt amounted to +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+7.0% per year) and China (+11.9% per year).

Import Prices by Country

The average organic surface active agent import price stood at $X per ton in 2021, with an increase of 16% against the previous year. Overall, the import price, however, continues to indicate a slight decrease. The growth pace was the most rapid in 2019 when the average import price increased by 25% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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 the United Arab Emirates ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform