Report Update Nov 1, 2024

Libya - Plastic Fittings for Tubes, Pipes and Hoses - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Market for Plastic Fittings for Tubes, Pipes and Hoses 2024

Market Size for Plastic Fittings for Tubes, Pipes and Hoses in Libya

The Libyan market for plastic fittings for tubes, pipes and hoses skyrocketed to $X in 2021, increasing by 46% 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 a slight shrinkage. Consumption of peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Exports of Plastic Fittings for Tubes, Pipes and Hoses

Exports from Libya

Exports of plastic fittings for tubes, pipes and hoses from Libya fell rapidly to X kg in 2021, with a decrease of -91.4% on the previous year. Over the period under review, exports saw a sharp reduction. The most prominent rate of growth was recorded in 2019 with an increase of 2,102%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of plastic fittings for tubes, pipes and hoses dropped rapidly to $X in 2021. In general, exports faced a precipitous descent. The growth pace was the most rapid in 2019 when exports increased by 3,201% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Malta (X kg) was the main destination for exports of plastic fittings for tubes, pipes and hoses from Libya, accounting for a 97% share of total exports. It was followed by the United Arab Emirates (X kg), with a 2.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Malta totaled -39.7%.

In value terms, Malta ($X) remains the key foreign market for plastic fittings for tubes, pipes and hoses exports from Libya, comprising 91% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with an 8.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Malta amounted to -37.9%.

Export Prices by Country

In 2021, the average export price for plastic fittings for tubes, pipes and hoses amounted to $X per ton, waning by -3.6% against the previous year. Overall, the export price, however, showed moderate growth. The most prominent rate of growth was recorded in 2016 an increase of 172% against the previous year. The export price peaked at $X per ton in 2020, and then dropped in the following year.

Prices varied noticeably country of destination: the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Malta totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malta (+3.1%).

Imports of Plastic Fittings for Tubes, Pipes and Hoses

Imports into Libya

Imports of plastic fittings for tubes, pipes and hoses into Libya skyrocketed to X tons in 2021, with an increase of 31% compared with the year before. In general, imports, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2019 when imports increased by 249% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, imports of plastic fittings for tubes, pipes and hoses surged to $X in 2021. Overall, imports, however, saw a slight downturn. The most prominent rate of growth was recorded in 2019 when imports increased by 119% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Egypt (X tons), Turkey (X tons) and China (X tons) were the main suppliers of imports of plastic fittings for tubes, pipes and hoses to Libya, with a combined 83% share of total imports. These countries were followed by Italy and South Korea, which together accounted for a further 5.9%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +36.1%), while imports for the other leaders experienced a decline.

In value terms, Turkey ($X), Egypt ($X) and China ($X) were the largest plastic fittings for tubes, pipes and hoses suppliers to Libya, together accounting for 66% of total imports. These countries were followed by Italy and South Korea, which together accounted for a further 10%.

South Korea, with a CAGR of +35.8%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average import price for plastic fittings for tubes, pipes and hoses amounted to $X per ton, growing by 18% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 21% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+2.8%), 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 plastic fittings for tubes, pipes and hoses in the world?

The country with the largest volume of consumption of plastic fittings for tubes, pipes and hoses was China, accounting for 27% of total volume. Moreover, consumption of plastic fittings for tubes, pipes and hoses in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 11% share.

What are the largest producers of plastic fittings for tubes, pipes and hoses in the world?

China constituted the country with the largest volume of production of plastic fittings for tubes, pipes and hoses, comprising approx. 34% of total volume. Moreover, production of plastic fittings for tubes, pipes and hoses in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with a 12% share.

What are the leading suppliers of plastic fittings for tubes, pipes and hoses to Libya?

In value terms, the largest plastic fittings for tubes, pipes and hoses suppliers to Libya were Turkey, China and Egypt, with a combined 76% share of total imports.

What are the leading importers of plastic fittings for tubes, pipes and hoses from Libya?

In value terms, Malta remains the key foreign market for plastic fittings for tubes, pipes and hoses exports from Libya.

What is the average export price for plastic fittings for tubes, pipes and hoses in Libya?

The average export price for plastic fittings for tubes, pipes and hoses stood at $10,153 per ton in 2020, picking up by 64% against the previous year.

What is the average import price for plastic fittings for tubes, pipes and hoses in Libya?

In 2020, the average import price for plastic fittings for tubes, pipes and hoses amounted to $4,975 per ton, with an increase of 62% against the previous year.

This report provides an in-depth analysis of the market for plastic fittings for tubes, pipes and hoses 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 22212970 - Fittings, e.g. joints, elbows, flanges, of plastics, for tubes, p ipes and hoses

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